Anglo American sells coal mines to Peabody for US$3.8B
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
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Newmont sells Éléonore mine in Quebec for US$795M
The miner said the deal and other 2024 sales will raise $3.6 billion.
Calibre strikes high-grade gold near Valentine mine build as production nears
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has found gold a kilometre from its Valentine mine in Newfoundland, just months before production is expected to start. The grades are 40% higher…
BC First Nation seeks court over Seabridge KSM project
The Tsetsaut Skii km Lax Ha (TSKLH) Nation has applied to the British Columbia Supreme Court to review Seabridge Gold‘s (TSX: SEA; NYSE: SA) KSM gold-copper project after the province…
Sitka Gold shares rise on high-grade results of initial diamond drilling at RC in Yukon
The first ever diamond drill holes by Sitka Gold (TSXV: SIG; US-OTC: SITKF) at the Rhosgobel intrusion at its RC Gold project in western Yukon have returned high grades from…
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
Panama’s president blames previous gov’t for First Quantum mine crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum Minerals’ (TSX: FM) US$6.5-billion Cobre Panama copper mine. The operation,…
Barrick touts ‘world-class’ potential of Fourmile project with huge resource boost
A resource update for Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Fourmile project in Nevada has increased contained ounces as much as 192% and grades by 35% compared to last year’s…
Northvolt CEO steps down after bankruptcy filing
The chief executive of Northvolt, Peter Carlsson, has quit just 24 hours after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the United States, in a major…
Charting the Trump train’s global economic trajectory
I’ve been on the road over the last few weeks, attending various mining conferences along Australia’s east coast. One of the key discussion points has been United States president-elect Donald…
Filo expands copper-gold Aurora Zone in Argentina amid $4.1B sale
Filo Corp. (TSX: FIL) said Friday new drill results from its Filo del Sol project in Argentina add scale and grade. The results come as the company works to complete…
JV Article: Sandvik launches global parental leave program for employees
Swedish multinational engineering company Sandvik, which specializes in mining equipment and component manufacturing, has rolled out a 14-week parental leave program for its employees worldwide. The program provides 90% of…