Antofagasta copper production jumps 15% in Q3
Chilean miner Antofagasta (LSE: ANTO) reported on Wednesday a 15% increase in copper production for the three months to the end of September, driven by destocking of inventories at Los…
South America
Video: Kefi Gold nears $320M loan to start Tulu Kapi build, founder says
Kefi Gold and Copper (AIM: KEFI) founder Harry Anagnostaras-Adams says a US$320-million construction loan for the company’s first mine, Tulu Kapi gold mine in Ethiopia, is expected to close shortly, with…
B2Gold backs Founders Metals with $12.1M investment for drilling at Antino in Suriname
Founders Metals (TSXV: FDR; US-OTC: FDMIF) has drawn a $12.1 million investment from B2Gold (TSX: BTO; NYSE: BTG), bringing to $32.1 million the total raised in the Suriname-focused gold explorer…
Video: Franco-Nevada values steady, quality production over risky short-term gains, CEO says
Gold royalty and streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) aims to maintain production at around 600,000 gold-equivalent oz. by 2027 although it’s a 10% decline from last year, CEO…
Sibanye liable to pay Appian damages for scrapped mine deals
Private equity firm Appian Capital Advisory has scored a big win after the U.K. top court ruled that Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) had to pay the London-based investment firm…
JV Video: Metalla Royalty & Streaming set for growth as new assets come online, CEO says
With gold recently hovering at US$2,600 per oz. and major assets nearing production, Metalla Royalty & Streaming (TSXV: MTA; NYSE American: MTA) CEO Brett Heath expects “very significant benefits for…
Video: Reko Diq project ‘like the early days in Chile’ Barrick CEO Bristow says – Part 3
As Barrick Gold (TSX: ABX; NYSE: GOLD) expands its copper exposure, CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. “This is like…
Rio’s US$6.7B Arcadium bid is its largest since 2007
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) plans to acquire Arcadium Lithium (NYSE: ALTM; ASX: LTM) in an all-cash deal valued at US$6.7 billion, the Anglo-Australian giant confirmed on…
JV Video: OceanaGold aims to grow production by 30% in two years, CEO says
OceanaGold (TSX: OGC; US-OTC: OCANF) aims to increase gold output by 30%, reaching between 620,000-680,000 oz. by 2026, according to president and CEO Gerard Bond. The company’s Haile mine in…
Marimaca Copper expands footprint in Chile with US$12M option deal
Marimaca Copper (TSX: MARI) has signed an option agreement to expand its holdings in Chile. The company which is advancing its Marimaca copper project in the country has optioned the…
Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1
With gold’s record climb expected to boost third-quarter results, Barrick Gold’s (TSX: ABX; NYSE: GOLD) CEO Mark Bristow, aims to build on the financial discipline that drove a 68% surge…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…