Central Puerto SA, Argentina’s leading electricity provider, and Kinross Gold will provide part of the financing.
Before the 15% export tariff, Gemfields suspended production at Kagem, citing market saturation from discounted emeralds.
Pompeo joins ACG as part of a strategic partnership the firm has signed with Impact Investments LLC, where he is executive chairman.
Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.
In 2008, Greenland voted to transfer more power from the Danish royal government to the local Greenlandic government.
Inflation adjusted cobalt prices are the lowest in 100 years after a deluge of new supply. Stagnating demand from EVs only adds to the bear case.
The assays reduce risk along with engineering and permitting expected this year, SCP Resource analyst says.
Spot gold reached a record $2,798.50 earlier in the session.
The ramp-up activities are being funded by the initial $100 million deposit from Fujairah Holdings.
The company targets commercial production in Q2 2025.
Lundin must permanently close its Alcaparrosa copper mine and faces a $3.41 million fine, which it can either pay or appeal.
It expects lower production and higher costs in 2025 as its Mako mine in Senegal depletes and fiscal changes in Mali drive up expenses.
A rapidly evolving global landscape means that industry leaders are now facing numerous challenges that they must navigate, as well as opportunities that could be capitalized on, in the near future.
SeAH will purchase all material produced at Almonty's Sangdong molybdenum project in Korea, which is targeting production by the end of 2026.
The new resource exceeds 2.63 billion tonnes with an average grade of 3,926 ppm TREOs.
Gold production is projected to begin by mid-2027.
Investment gives McEwen a 3.76% stake in the Canadian precious metals junior, which owns projects in British Columbia's Golden Triangle.
A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades.
Cheap and cheerful Chinese AI does little to unskew relative valuation of one chipmaker against the entire mining industry.
The order is to support their rail operations at the Simandou iron ore project in Guinea.
The company said this marks a breakthrough in domestic rare earth production.
The company previously submitted a claim for C$90 million with the International Centre for Settlement of Investment Disputes.
The fundraising drew support from existing shareholders and the UK’s National Wealth Fund.
This follows Newmont's initial investment of $2.5 million under an alliance formed in 2022.
Uranium, regarded as key to the development of power-intensive AI as a fuel for nuclear power, fell on Monday night.
India's finished steel imports from China touched their highest levels in at least seven years during the first nine months of the financial year that began in April, according to provisional government data reviewed by Reuters on Monday.
The agreements, inked with some of the largest forestry companies in the world, follow the announcement of plans to build a demonstration facility in Kotka, Finland.
The project is subject to Quebec’s provincial environmental and social impact assessment (ESIA) processes.
The new funding will drive AI and drilling technology development and accelerate discoveries, the company said.
The Rio Tinto-Glencore merger appears stalled and a BHP-Anglo American tie-up is indefinitely postponed, but copper mining is already top heavy.
TDG holds mineral claims covering approximately 320 sq. km of British Columbia's historical Toodoggone production corridor.
The Selebi North mine, 410 km north of the nation’s capital Gaborone, opened in 1990 and operated for 26 years.
The Canadian province has maintained a moratorium on uranium mining since 1981.
China’s CMOC set a new production record last year and plans to maintain similar output levels through 2025.
According to the FT sources, the deal has become "too expensive" for BHP to pursue given the rise in Anglo American’s stock price in recent months.
This month, Viridian was chosen by BHP from hundreds of global applicants to participate in its 2025 Xplor accelerator program.
In 2023, silver mines produced 830.5 million ounces of silver. That total is projected to decline by about 1 percent to 823.5 million ounces in 2024.
World’s biggest gold miner aims to build multi decade presence in Canadian province anchored by “sustainable and responsible mining practices”.
As most Canadian industry leaders have pointed out, the US depends on Canada for a host of minerals and supplies.
Aquitaine Metals head Chris Taylor believes his newest project could surpass one of the biggest recent discoveries of his storied career for scale and richness.
AuRORA discovery is within the prolific Toodoggone-Kemess porphyry disctrict of central British Columbia.
The company pledges to invest up to C$120 million and create over a hundred jobs in a key automotive hub.
Toronto-based Agnico, the world's second-largest gold miner by stock market value, has acquired 94.1% of O3's outstanding common shares.
The goal is to boost the $388 million capex project's resources to over 45 million tonnes.
Mining forms the backbone of British Columbia’s countermeasures.
Operations within the Thompson Nickel Belt have been producing since 1956.
PurePoint is cutting exploration costs in northern Saskatchewan's uranium-rich Athabasca Basin through joint ventures with major players, CEO says.
With this investment, Cyclic said it will accelerate the expansion of its operations across North America and Europe.
In calendar 2024, Fortuna produced 369,637 oz. of gold plus 3.7 million oz. of silver, for a record gold-equivalent production of 455,958 oz.
Copper demand for new energy applications is posed to jump 62% to 42 million tonnes by 2050, according to Teck’s head of market research.
The project will be developed in two phases, with a production capacity of 50,000 tonnes per annum.
The Volta Grande project represents a potential long-life open pit operation with average annual gold production of 205,000 oz.
Integra reported a total production of 72,229 oz of gold for 2024, marking the highest yearly output at the mine in 21 years.
The first-ever Metallurgical Coal Exit List names the companies driving hundreds of new metallurgical coal projects and expansions.
The company is on target for its first gold pour later this month.
The new plant is expected to boost production to more than 170,000 oz. gold per year.
MP Materials expects to produce about 1,000 tonnes of finished neodymium-iron-boron (NdFeB) magnets a year.
Lab assays revealed extensive lithium mineralisation in the C-100 and Aldeia mining areas.
The company has been awarded the Johan Dahl land licence, covering 666.5 km² of the South Greenland copper belt.
The precious metal traded as high as $2,762 an ounce on Wednesday.
Critical metals, uranium and gold will shine this year driven by accelerating deglobalization and energy security demands, Sprott said.
Ballooning US deficits and a dearth of opportunities to mine gold in geopolitically stable jurisdictions are two major reasons to be bullish on the metal, an annual investor forum in Vancouver heard.
MINING.COM's Frik Els says 2025 is already shaping up to be another wild ride for the red metal.
Rio has faced a 12-year permitting battle to develop the Resolution mine, which could meet 25% of US domestic copper needs.
The MOU creates the foundation for shared interests in possible future mining opportunities.
The Blackjack deposit now has an indicated resource of 1.29 million oz. at a gold grade of 1.01 g/t.
Tumas is considered one of the most advanced greenfield uranium projects globally.
The country's development agency is offering $3-$4m over three years for studies on extracting cobalt and rare earths from tailings.
The Saudi Arabian mining fund is set to buy a 10%-20% in the copper and gold project in Pakistan.
Canada’s largest diversified miner reported a 50% increase in annual copper production for 2024, reaching 446,000 tonnes.
Steel consumption in the country may decrease significantly by 2030 Chinese steel companies will cut production amid falling domestic demand Bloomberg reports.
The Mazoon copper project represents a cornerstone of Oman’s mining sector.
A new venture called Resource Resolutions has been launched, aiming to reduce growing societal and geopolitical divisions around natural resources.
Barrick holds a 50% interest in Zaldívar, a joint venture with Antofagasta, which produced about 80,000 tonnes of copper last year.
The updated resource will support a scoping study that the company expects to complete within the coming weeks.
The contained copper in indicated category increased 16% over the 2019 resource estimate.
The copper and gold mine, co-owned by Barrick, Pakistan and the province of Balochistan, is expected to begin production by 2029.
The agreement will help provide the latest breakthroughs in space, multiphysics, and AI drill targeting services to accelerate discovery.
Amarc's CEO called the AuRORA discovery "a significant inflection point" in the exploration of the JOY district with Freeport.
The move is expected to become effective Jan. 23, subject to approvals such as a final court order from the Supreme Court of British Columbia.
The Johnson Camp mine is under construction, with first copper production expected in mid-2025.
Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.
The Toronto-headquartered company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.
The feasibility study includes a re-engineered 2,000-tonne-per-day underground mine plan.
A $160 billion Rio Tinto-Glencore combination makes sense in a copper-centric world, but we've been here before.
The collaboration could also extend to lithium, as Saudi Arabia seeks to import the battery metal from Chile for domestic processing.
The Nampala mine now holds 121,000 oz. in gold reserves.
Since December, Standard Lithium has operated a pilot DLE plant at its South West Arkansas project.
Experts found third-party test data overestimated the shear strength properties of the liner system at the base of the heap leach.
Indonesia’s clout in the global nickel market rivals OPEC’s in oil.
The deal would grant Zijin controlling rights in Zangge Mining, which operates in the mineral-rich western region of Qinghai.
Antofagasta — which operates four copper mines in Chile — maintained its 2025 guidance at 660,000 to 700,000 tonnes.
Companies said they will leverage their complementary expertise to advance efficient extraction, processing, and distribution of critical minerals and metals within the United States.
$1.75 million in research funding from Rio Tinto will support two Research Chairs at UNBC for the next five years.
The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion.
The company recently consolidated a district-scale land package in the Kirkland Lake gold camp of Northern Ontario.
Several nominees for positions in the president-elect’s administration have previously voiced support for ocean mining.
The 100%-owned AZ represents the largest of 17 properties across 425 sq. km held by the company in Canada's Yukon Territory.
State oil giant Aramco and Saudi mining company Ma’aden have joined forces to explore and produce energy transition minerals.
Hummingbird will also waive value-added tax credit claims worth another $16 million in return for the renewal of key exploration permits.
The GAS project, which is set to initially produce up to 2.5 million tons of rock salt annually, represents North America’s first new salt mine in nearly three decades.
The push for data centre storage power is set to boost mining for energy transition metals such as silver for solar panels, copper for wiring, and lithium, cobalt, manganese, iron, nickel and vanadium for batteries.
The company can acquire 100% interest in the Caboose, Kawip and Manic property for total payment of C$300,000.
The Golddigger property spans 666 square kilometres within the Golden Triangle’s Eskay Rift.
Recent success of ABB and Epiroc's collaboration includes the world's first battery-electric trolley truck system at the Kristineberg underground mine.
Sodium-ion batteries could rival lithium-ion batteries in cost by the 2030s.
The 248-sq. km property hosts five deposits and over 25 untested exploration targets.
The project now has an open-pit constrained measured and indicated resource of 6.5 million tonnes grading 1.1% lithium oxide.
The post-tax net present value (5% discount rate) is estimated at $516 million with a 71% internal rate of return.
ASX-listed junior will scale up with the A$166.5 million deal, which is the first mining acquisition in Australia for 2025.
The temporary suspension comes after the military-led government seized gold stocks from the Loulo-Gounkoto complex over the weekend.
Libra's Flanders South, Flanders North and SBC lithium projects are being explored under a $23m earn-in deal with KoBold Metals.
Island Gold is considered one of the highest-grade and lowest-cost gold mines Canada.
The decline follows four straight days of gains in the lead-up to last week's US jobs report.
Gallium is ranked by the United States as the #1 critical mineral by supply risk.
Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel.
The US fertilizer company is selling its non-core phosphate mine in Minas Gerais state to Fosfatados Centro.
Barrick's Loulo-Gounkoto site has around four tonnes of gold stocked.
Fastmarkets analyst sees a bumpy road ahead for the copper concentrates market in 2025, forecasting an annual average spot TC of $10.7 per tonne.
The deal will merge Gatos’ main Cerro Los Gatos mine with First Majestic’s San Dimas mine in Durango, and its Santa Elena operation in Sonora.
The manufacturing company officially turns 100 on April 15, marking a century of customer-centric innovation.
Altius interprets the award as providing for significant expansion of its royalty rights on the Silicon project held by AngloGold.
Zijin, a global powerhouse in copper and gold, is advancing its push into the lithium sector with the potential acquisition of Zangge Mining.
Theo Yameogo, EY’s metals and mining leader for North America, notes how mineral security has become a key focus for nations facing increasing trade disputes.
The Toronto-based company produced 452,523 oz. gold last year, it said Thursday.
Copper and molybdenum production for 2024 was 106 million lb. and 1.4 million lb., respectively.
The miner produced 213,906 ounces of gold in the fourth quarter and 621,870 ounces for the full year.
Gold production reached a record 502,029 oz. in 2024.
Audit aims to assess the feasibility of temporarily reopening Cobre Panama and ensuring an environmentally responsible final closure.
The proceeds will be used by Arizona Sonoran to advance its flagship Cactus project.
GoGold’s immediate priorities include releasing a definitive feasibility study “imminently” for its Los Ricos South project in Jalisco.
Energy Minister Jonathan Wilkinson said Trump’s assertion that America doesn't need anything from Canada was “simply false.”
The refinery has a rare earth oxide production capacity of 3,000 tonnes per year.
The 7,000-hectare Birch project is one of the company’s 17 properties across 42,500 hectares in Canada's Yukon Territory.
The $2.7 billion capex project contains 4.2 billion lb. copper, 74.6 million lb. of molybdenum and 15.5 million oz. of silver.
For the year, K92 produced 149,515 ounces of gold, surpassing guidance.
The company is targeting commercial production in 2026.
First gold-silver production from Zancudo is expected by the end of this quarter.
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.
Alta Resource Technologies aims to increase supplies of rare earth elements like neodymium and dysprosium by cost-effectively separating them from abundant low-grade sources
Fazenda has been operating since 1984 as a combined underground and open pit mine, producing over 3.3 million oz. of gold to date.
Teck Coal was found to have contravened the Health, Safety and Reclamation Code for Mines in the province.
Pure Lithium announced results it says have never been previously reported from lithium metal battery cycling, and further proves its technology’s commercial viability.
Highlights among the most recent batch of results include 2.6 metres grading 20.2 grams gold per tonne.
FASTech will be a part of the business unit holding Mastercam, the the world’s leading CAD/CAM software provider.
"Establishing similar grades on the eastern margin increases confidence we can find a Tier 1 gold deposit," its CEO said.
The resumption is a week later than stated in October.
Initially, the parties will explore six areas of interest, with BHP funding $15 million over a three-year period.
Vale's shares in Brazil fell by more than 23% in 2024.
The permit allows the company to begin early works construction activities ahead of schedule.
LGD prices are falling because their manufacturing costs also keep dropping, while slow demand is pulling down natural diamond prices.
The Thacker Pass lithium project is slated to open later this decade and be a key supplier to JV partner General Motors.
Plan involves enlarging the Constancia pit, installing new processing equipment, and raising the tailings dam wall.
The company's Phase 1 operation has a nameplate capacity of 270,000 tonnes per annum of lithium concentrate.
The drilling at the Saddle zone, between the old Springer and Perry mines, is in the project's open-pit shell from a January 2024 resource estimate.
The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold.
Poilievre, the Conservative Party leader, has criticized current permitting delays in the Canadian minerals sector, which can range from five to 25 years.
The 2025 Xplor cohorts will each receive an equity free grant of up to $500,000.
The world's No. 1 cobalt miner produced 114,165 tonnes in 2024, nearly double its 2023 output.
The company said it plans to publish a further update to the resource estimate in the second half of 2025.
The Washington Post reported that Trump aides were considering tariffs targeting critical sectors such as iron, copper, batteries, and rare earths.
Chairman Maximo Pacheco said output rose by 3,000 to 4,000 tonnes from 2023's 1.325 million tonnes in a "turnaround" year.
Barrick is now banned from exporting gold from Loulo-Gounkoto's stock on site, which further disrupts normal operations.
A range of economic and political issues seem likely to keep investors interested in adding gold to their portfolios.
The Montana Supreme Court has affirmed a 2023 district court ruling on its determination of "beneficial use of water" with a 5-2 decision.
US President Joe Biden has blocked the $14.1 billion sale.
Nioko, which holds approximately 41.81% of Hummingbird’s share capital, will submit the revised offer before Jan. 13.
The price is in the range of $4.9 million up to $6.4 million cash.
According to Hudbay, Copper World is expected to increase its consolidated annual copper production by more than 50% from current levels.
Manganese X said it will use the proceeds to advance the Battery Hill project in New Brunswick.
The in-situ recovery JV with Kazatomprom didn’t get an extension to submit its project paperwork.
The funding round valued KoBold at $2.96 billion.
Approximately 900 tonnes of copper concentrates were shipped from the Lasail mine in Sohar.
The funds will be used to transition the Gediktepe mine to copper and zinc concentrate production from gold and silver.
The diamond giant has faced multiple headwinds in recent years.
Timothy Foden, co-head of the arbitration group at Boies Schiller Flexner, looks at legal challenges facing the mining industry.