Anglo American to cut hundreds of coal jobs
Anglo American (LSE: AAL) will shed more than 200 jobs from its Queensland coal division as weak prices and high state royalties hit profits. The company confirmed the cuts would…
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Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has agreed to a $500-million investment from Qatar that gives its sovereign wealth fund 4% of the Canadian copper miner founded by billionaire Robert Friedland….
Deutsche Bank lifts gold price forecast to $4,000
Deutsche Bank has raised its 2026 gold price forecast to $4,000 per oz., citing continued central bank demand, especially from China, a falling U.S. dollar, and rising uncertainty over Fed…
BHP to shutter Australia coal mine, lay off 750 workers
BHP (ASX, NYSE LSE: BHP) plans to close its Saraji South joint venture coal mine in Australia and lay off about 750 workers amid weak coal prices and high royalties…
Brazil arrests mining agency head in corruption probe
Authorities in Brazil arrested the head of the country’s mining agency (Agência Nacional de Mineração, or ANM) as part of a wide-ranging federal operation targeting corruption, environmental crimes and illegal…
EnCore wins EPA backing for Burdock uranium project
EnCore Energy’s (Nasdaq, TSXV: EU) Dewey Burdock uranium project in South Dakota cleared a roadblock after the U.S. Environmental Protection Agency waived a petition by local communities challenging permitting decisions….
Ecuador casts doubt on Dundee’s Loma Larga
Ecuador’s President Daniel Noboa has requested further information on DPM Metals’ (TSX: DPM) Loma Larga gold project, handing responsibility for its approval or rejection to authorities in the southern province…
BHP, Lundin bet $400M on Argentina copper hub
BHP (ASX, NYSE: BHP) and Lundin Mining’s (TSX: LUN) joint venture in Argentina is investing more than $400 million near the Chilean border, aiming to develop a multibillion-dollar copper project…
Lithium Ionic boosts projected returns for Brazil project
Lithium Ionic (TSX-V: LTH; US-OTC: LTHCF) said a definitive feasibility study for its Bandeira project in eastern Brazil shows higher returns, lower capital costs and a longer mine life than…
Feds may offer Highland Copper $250M loan
Highland Copper (TSXV: HI) has received a significant boost for its Copperwood project in Michigan’s Upper Peninsula, with the US Export-Import Bank issuing a non-binding letter of interest for up…
Friedland-backed Sunrise soars on US loan interest
Sunrise Energy Metals (ASX: SRL), which wants to mine Australia scandium in a project backed by billionaire Robert Friedland, is being lined up for a potential loan from the Export-Import…
Barrick’s Fourmile targets 750,000 oz gold a year
Barrick (TSX: ABX; NYSE: B) says its Fourmile project in Nevada has the potential to produce as much as 750,000 oz. of gold per year, positioning it as one of…