BHP starts $5B upgrade at world’s largest copper mine
BHP (ASX, NYSE, LSE: BHP) has kicked off the environmental permitting process for a new concentrator at its giant Escondida copper mine in Chile, a project valued around $5 billion…
Articles by Mining.com Staff
Silver X raises C$69M in private placement
Silver X Mining (TSXV: AGX) has closed a convertible debenture financing of C$69 million to support its projects based in Peru. Under a brokered private placement, the Canadian silver miner…
Myriad sells New Mexico uranium project for 6X return
Myriad Uranium (CSE: M; US-OTC: MYRUF) plans to sell its Red Basin project in New Mexico to a new mining tech venture and partner with it on other uranium exploration…
Gold price drops to one month-low
Gold dropped below the $5,000-an-ounce level for the first time in a month amid concerns that conflict-induced inflation could derail the Federal Reserve’s rate-cut path. On Wednesday, spot gold went…
Congo to OK first mine sale in US deal
The Democratic Republic of Congo (DRC) is reportedly ready to approve the sale of Chemaf to U.S.-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation…
Nouveau Monde Graphite scores $460M funding deal
Nouveau Monde Graphite (NYSE: NMG, TSX: NOU) has secured almost enough financing for the next stage of its Matawinie project, which Ottawa has already referred to its Major Projects Office…
Antimony Resources hits all-time high as it preps first resource in New Brunswick
Antimony Resources (CSE: ATMY) has taken initial steps to advance the Bald Hill deposit in New Brunswick towards its initial mineral resource. Shares hit a record high. In an update…
Orion’s largest fundraising lifts total past $9B
Orion Resource Partners has completed the final close of its Mine Finance Fund IV at $2.2 billion, representing its biggest fundraising to date. Pension funds, sovereign wealth funds and other…
Chinese firm idles Canada’s only antimony mine
Canada’s only primary antimony mine, the Beaver Brook operation in Newfoundland and Labrador, has remained idle despite rising demand for the strategic metal, highlighting growing concerns over Western dependence on…
US launches $500M boost to mineral processing
The U.S. Department of Energy (DOE) plans to provide up to $500 million in funding to expand domestic critical minerals processing and battery materials manufacturing and recycling, as Washington seeks…
Centaurus inks Glencore deal for Jaguar nickel output
Centaurus Metals (ASX: CTM) has moved closer to a final investment decision on its Jaguar nickel project in Brazil after Glencore (LSE: GLEN) signed a binding five-year offtake agreement that…
Gold eyes second weekly loss, silver price drops further
Gold slipped below $5,100 an oz. on Friday, heading towards a second consecutive weekly drop, as high energy prices stemming from the Middle East war continue to drive high-interest expectations….