Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
South America
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…
Marimaca surges to 13-year high on copper hits in Chile
Marimaca Copper (TSX: MARI; ASX: MC2) shares soared to a new 13-year high Thursday on the release of copper sulphide drill results as high as 6 metres grading 12% copper…
Ero says Tucumã hits commercial copper output
Ero Copper (TSX, NYSE: ERO) said its Tucumã copper operation in Brazil achieved commercial production this week – though at least one analyst was left wondering if the company would…
Lupaka Gold skyrockets on arbitration win against Peru
Shares of Lupaka Gold (TSXV: LPK) skyrocketed to a three-year high on Wednesday after an international tribunal announced it would award the Canadian miner $65 million (C$88.3 million) in its…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
Silver X secures $2M from Trafigura to support Peru copper expansion
Silver X Mining (TSXV: AGX; US-OTC: AGXPF) has secured a $2-million loan from commodities trading giant Trafigura to support the expanded production of copper from its Nueva Recuperada project in…
Lundin targets top-10 copper miner status
Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top 10 copper producers. The Vancouver-based miner aims to reach annual…
Rainbow Rare Earth, Mosaic study REEs in Brazil
Rainbow Rare Earths (LSE: RBW) and fertilizer giant Mosaic (NYSE: MOS) are testing the economics of recovering rare earth elements (REEs) from waste stacks at their Uberaba phosphogypsum joint venture…
Video: Cupel Advisory director flags M&A surge, industry image crisis as key trends
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory director Nikki Adshead-Bell says. “We…
Ecuador reopens mining registry after seven-year freeze
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal mining—a long-standing issue across the…
Vale gets initial license for Bacaba copper project
Vale (NYSE: VALE) says authorities have granted a preliminary environmental licence for its Bacaba copper project in Brazil. The miner expects to invest about $290 million (C$393 million) during the…