Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million cash. The copper-gold mine, located…
South America
Opinion: Awakening the Argentine giant
What place holds the highest probability for a new world-class discovery? As an Australia-based geologist and investor, I tend to look in my own backyard first, which is the home bias effect. But the thing is, thanks…
Codelco and Glencore to advance major smelter in Chile
Chile’s state-owned copper miner Codelco has signed a memorandum of understanding with Swiss miner and commodities trader Glencore (LSE: GLEN) to advance a new smelter in the country. Codelco is…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Jansen ‘learnings’ key to limiting costs: BHP executive
BHP (NYSE, LSE, ASX: BHP) wants to use lessons from its maiden foray into potash production to ensure that a subsequent expansion of the facility is completed at or under…
London Symposium: Artisanal mining growing in South America, Pan Am Silver exec says
Pan American Silver (TSX, NYSE: PAAS) is working with small-scale miners in Peru to help them raise production standards and sell their gold to central banks – an effort that isn’t…
Hot Chili drills one of spiciest copper results at La Verde
Drilling at Hot Chili’s (ASX, TSXV: HCH; US-OTC: HHLKF) La Verde project in Chile returned one of the deepest and most continuously mineralized copper-gold intercepts yet at the site. Shares…
SolGold rejects Jiangxi takeover amid copper frenzy
The copper miner said it was second takeover approach from Jiangxi Copper in less than a week.
Gold to reach new highs in 2026: Goldman poll
Almost 70% of global institutional investors expect gold prices to post additional gains next year, Goldman Sachs said, citing the conclusions of a new poll. The biggest proportion of respondents…
SolGold sets 2026 start for early works at Cascabel
SolGold (LSE: SOLG) is accelerating development of its Cascabel copper-gold project in northern Ecuador, with early works scheduled to begin in 2026 and first production targeted for 2028. The company…
Excellon targets deeper gold-silver at Peru mine
Excellon Resources (TSX-V: EXN) says new geological interpretations confirm a multi-stage gold-silver system at its Mallay mine in central Peru. Updated modelling links the Pierina, Shafra and Mallay Deeps zones,…
UBS lifts copper price forecasts on supply concerns
Amid global mine disruptions, strong momentum on the demand side and a market deficit that is expected to widen, UBS sees copper prices rising next year. In a note published…