Barrick paid $430M to settle Mali dispute: Bloomberg
Barrick Mining (NYSE: B; TSX: ABX) paid nearly the same amount as the back taxes Mali’s junta claimed it owed, ending a long dispute that had shuttered a mine once…
United States
BHP exits latest approach to buy Anglo, adding twist to merger saga
BHP (NYSE, LSE, ASX: BHP) has made another approach to buy Anglo American (LSE: AAL) despite the London-listed miner’s proposed merger with Canada’s Teck Resources (TSX: TECK.A/TECK.B). On Sunday, BHP,…
United States to reissue cobalt stockpile tender
The United States is preparing to revive a major cobalt procurement effort after cancelling an earlier bid round this autumn, as Washington accelerates long-term plans to rebuild strategic mineral inventories…
US EXIM to invest $100B in mining, energy
The U.S. Export-Import Bank (EXIM) plans to invest $100 billion in support of the Trump administration’s strategy of striving for global energy dominance, according to the London-based Financial Times. Newly…
Larvotto greets antimony demand crunch as output nears
Larvotto Resources (ASX: LRV) is preparing for first production of antimony next year at its Hillgrove project in New South Wales, believed to be the largest deposit of the critical…
UBS lifts mid-2026 gold price forecast to $4,500
UBS Group has raised its 2026 mid-year gold price target to $4,500 an oz., up from $4,200 previously, as the Swiss bank sees further momentum in a rally that has…
American Rare Earths lifts resource for Cowboy State
A resource update for American Rare Earths’ (ASX: ARR) Cowboy State mine (CSM) area, part of its main Halleck Creek project in Wyoming, boosted the tonnage by 12% over the…
Freeport to restore more Grasberg output next year
Freeport-McMoRan (NYSE: FCX) says it plans to restore large-scale production at Indonesia’s Grasberg mine from next year’s second quarter after a mudslide killed seven workers in September. Grasberg’s Block Cave…
MP Materials soars on Saudi rare earth JV
MP Materials (NYSE: MP) has teamed up with the U.S. Department of Defense to form a joint venture in Saudi Arabia with Maaden, the kingdom’s main mining company, to build…
Americas Gold expands Idaho presence with $65M deal for historic mine
Americas Gold and Silver (TSX: USA; NYSE-A: USAS) is paying $65 million to acquire privately owned Crescent Silver and its past-producing mine in Idaho as the miner looks to expand…
Vulcan picks NC for $1B rare earth magnet plant
This month, Vulcan entered a $1.4B partnership with ReElement Technologies and the US government to scale development of a domestic rare earth magnet supply chain.
Elliot fund builds stake in Barrick: FT
American activist hedge fund Elliott Management has accumulated a large stake in Barrick Mining (TSX: ABX; NYSE: B) amid speculation that the Canadian-based gold-copper miner may undergo major changes, London-based…