OceanaGold expands with $553M Ausgold buy
Canadian gold and copper producer OceanaGold (TSX, NYSE: OGC) is buying Australia’s Ausgold (ASX: AUC) for A$776 million (almost US$553 million), giving the miner its first acquisition in Australia and…
Articles by Cecilia Jamasmie
Korea taps Glencore for copper with $1B loan deal
South Korea’s export credit agency will lend $1 billion to Glencore (LSE: GLEN) in exchange for copper supplies to Korean companies, securing access to a metal increasingly vital to artificial…
Processing, not output, may decide metal shortages
Critical-mineral shortages through 2035 may depend as much on whether miners can reliably process and deliver usable material as on whether enough tonnes are mined, according to GEM Mining Consulting….
Northern Star rejects hedge fund overhaul
Northern Star Resources (ASX: NST), Australia’s largest gold miner, rejected activist Elliott Investment Management’s push to install six directors, saying the proposal would undermine proper governance as the investor seeks…
Antofagasta’s posts $2B profit, cuts copper outlook
Antofagasta (LSE: ANTO) has cut its 2026 copper production forecast after extreme weather shut its flagship Los Pelambres mine in Chile, overshadowing a 27% increase in first-half core earnings. The…
NY hedge fund turns up heat on Northern Star
Activist investor Elliott Investment Management is escalating its campaign against Northern Star Resources (ASX: NST), naming six potential directors after talks with Australia’s largest gold miner failed to produce an…
Salares Norte lifts Gold Fields as other mines falter
Gold Fields (JSE, NYSE: GFI) is leaning on its newest operating mine, Salares Norte in northern Chile, to offset weaker expected production at Gruyere in Australia and Tarkwa in Ghana…
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….
Fortuna buys Barrick, Iamgold project for $200M
Fortuna Mining (NYSE: FSM; TSX: FVI) is buying the Bambadji gold project in Senegal for $200 million (C$279 million) from Barrick Mining (NYSE: B; TSX: ABX) and Iamgold (TSX: IMG;…
Cobre Panama restart hopes rise as thousands return to mine
First Quantum Minerals’ (TSX: FM) hopes of restarting its halted Cobre Panamá copper mine received a boost Tuesday as government officials met workers and suppliers while weighing the giant operation’s…
Barrick, Newmont settle dispute with $1.9B deal
Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.
Largo shares surge 15% as it adds copper, PGMs to Brazil mine
Move comes after Brazil mining authority cleared Largo to add copper and PGMs production at its flagship vanadium mine.