Barrick sells Hemlo Gold mine for $1.1B
Barrick Mining (NYSE: B; TSX: ABX) has agreed to sell its last operating gold mine in Canada, marking a significant milestone as the company shifts its focus towards copper. The…
Articles by Mining.com Staff
Foran secures $70M in Sask. tax credits
Foran Mining (TSX: FOM; US-OTC: FMCXF) says it has secured up to $70 million (US$51 million) in Saskatchewan provincial tax credits to support the development of its McIlvenna Bay project…
Friedland-backed Sunrise doubles scandium resource
A resource update for Robert Friedland-backed developer Sunrise Energy Metals’ (ASX: SRL) Syerston scandium project in New South Wales, has nearly doubled its resource and positions it among the largest…
Freeport sinks after Grasberg workers trapped
Freeport-McMoRan (NYSE: FCX) shares sank Tuesday after the company suspended operations at its Grasberg Block Cave underground mine in Indonesia, where a surge of wet material blocked access routes and…
Energy Fuels soars on magnet production breakthrough
Shares of Energy Fuels (NYSE-A: UUUU) (TSX: EFR) soared on Tuesday after the company said its U.S. mined and processed rare earth products are qualified for making permanent magnets used…
Gold price hits record after Trump nixes tariff
The gold price hit a new high on Monday as the U.S. implemented a presidential order exempting key minerals including gold bullion, graphite, tungsten and uranium from tariffs. The White…
Marimaca Copper raises A$80M
Marimaca Copper (TSX: MARI; ASX: MC2) has secured approximately A$80 million (C$72 million) in funding commitment from investors outside of Canada for its projects in Chile’s Antofagasta region. Under the…
Kinross cuts Asante Gold stake by nearly half
Kinross Gold (TSX: K, NYSE: KGC) has reduced its holding in Ghana-focused Asante Gold (CSE: ASE) by nearly half. It sold 29.9 million Asante shares, about 45% of its holding,…
Rio to buy carbon credits with Caisse backing
Canada’s second-largest pension fund and Australia’s Clean Energy Finance Corp. (CEFC) are investing in a carbon credits platform helping Rio Tinto (NYSE, LSE, ASX: RIO) cut its emissions footprint. La…
Pan American assays boost outlook at La Colorada
Pan American Silver (NYSE, TSX: PAAS) reported major drill results from its La Colorada mine in Zacatecas, Mexico, pointing to new high-grade silver veins that could expand mineral resources, extend…
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…
Uranium demand to surge nearly 30% by 2030
Global uranium demand is expected to soar as nuclear power cements its role in the clean energy transition, according to the World Nuclear Association’s biennial Nuclear Fuel Report released Friday. The…