US opens vast Pacific seabed to mining
Washington is planning to auction off deep-sea mining leases near the Northern Mariana Islands later this year, advancing the Trump administration’s push to develop domestic sources of critical minerals from…
Articles by FREDERIC TOMESCO
AngloGold Ashanti in $58.5M deal to double Thesis stake
AngloGold Ashanti (NYSE: AU) is investing $58.5 million (US$42 million) to double its stake in Thesis Gold & Silver (TSXV: TAU; US-OTC: THSGF) and help the Vancouver-based developer advance the…
G Mining hikes cost forecast on labour, royalties
Operating expenses at South America-focused gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will be about 12% higher this year due in part to labour-cost inflation and increased royalty…
Rosebud project, like in ‘Citizen Kane,’ reveals another secret
New drilling by Canadian explorer Blossom Gold (TSX: BGAU) at its Rosebud open-pit, heap-leach project in Nevada points to broad mineralized zones around areas of historical underground mining. Hole BG26-027 in…
Lake Victoria’s Tembo holds 600K oz. gold near Barrick
An initial resource for Lake Victoria Gold’s (TSXV: LVG) Tembo project in Tanzania shows the deposit contains almost 600,000 oz. gold next to Barrick Mining’s (TSX: ABX; NYSE: B) Bulyanhulu…
US investor group taps Glencore in bid for Sherritt
A U.S. investor group that includes Glencore (LSE: GLEN) is offering to recapitalize Sherritt International (TSX: S) and acquire control of the beleaguered miner whose survival is in doubt following…
US unveils $2B of financing commitments for mining
United States President Donald Trump on Friday announced more than $2 billion (C$2.8 billion) in financing pledges for critical minerals and other mining projects that he says will help the…
NGEx to spin out South American exploration company
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) plans to spin out its Valle Ancho copper-gold project into a new company – a move that will let the Canadian developer concentrate on…
Top 10 global miners: Zijin’s expansion pays off
Zijin Mining’s (SSE: 601899; SEHK: 2899) expansion strategy paid dividends as the Chinese miner topped global peers located outside North America and Australia for market capitalization. Attributable net income for 2025 jumped 62% to a…
Luca sees resource growth potential at Campo Morado
New drilling by Luca Mining (TSXV: LUCA; US-OTC: LUCMF) at its Campo Morado polymetallic mine in Mexico’s Guerrero State hints at the possibility of increasing near-mine resources and extending mine life….
Top 10 US miners: Southern Copper, Newmont lead pack
Rising metals prices helped global miners Southern Copper (NYSE: SCCO), Newmont (NYSE: NEM) and Freeport-McMoRan (NYSE: FCX) extend their dominance of U.S. peers in terms of both market capitalization and earnings. Southern…
Osisko Gold makes discovery at Cariboo regional target
Osisko Gold Group (TSX: OSG) said early drilling at its Proserpine target near the Cariboo gold project in British Columbia has outlined a new mineralized system that could support future…