Troilus triples value to $3.2B, closes in on funding
A new study for Troilus Mining’s (TSX: TLG; US-OTC: CHXMF) namesake copper-gold project in Quebec has more than tripled the mine’s estimated value thanks to detailed…
Financial Matters, M&A
Gem Diamonds rebounds as big stones lift profit
Gem Diamonds (LSE: GEMD) swung back to profit in the first half of the year as stronger prices for large diamonds from the Letšeng mine…
Sibanye OKs copper-gold projects on two continents
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has approved its Mt Lyell copper-gold project in Tasmania and Burnstone gold project in South Africa, advancing two long-life developments…
SW US CEO chat: Energy Fuels pivots to rare earths
Energy Fuels (TSX: EFR; NYSE-A: UUUU) is increasingly pinning its future on rare earths rather than uranium, with the Colorado‑based miner now expecting most of…
Fund manager sees mining as cheap AI play
Otavio (Tavi) Costa, founder and CEO of Azuria Capital, argued that mining can be the least expensive way to invest in artificial intelligence as the…
Gold Fields says Ghana treating miners as ‘easy target’
Gold Fields (NYSE, JSE: GFI) CEO Mike Fraser criticized Ghana’s mining policies on Tuesday, saying the government is treating the sector as an “easy target”…
Bunker Hill to buy Silver47 in $163M all-stock deal
Bunker Hill Mining (TSX: BNKR; US-OTC: BHLL) agreed to buy Silver47 Exploration (TSX-V: AGA; US-OTC: AAGA) in an all-stock deal valued at about $163 million…
Metals Exploration locks in $27M as La India first gold nears
Metals Exploration (AIM:MTL) has secured $27 million (C$38 million) in equipment financing as its La India gold project in Nicaragua closes in on first production…
Gold Fields puts $77M in Suriname-focused Founders
Gold Fields (NYSE, JSE: GFI), one of the world’s largest gold miners, is investing another $77 million (US$55.7 million) to raise its stake in Suriname…
BHP’s new boss favours new builds over M&A
BHP (ASX, NYSE, LSE: BHP) CEO Brandon Craig is prioritizing copper expansions over acquisitions, brushing aside speculation the mining giant could pursue uranium developer NexGen…
CEO chat: Faraday sees 18B-lb Arizona copper district
Faraday Copper (TSX: FDY; US-OTC: CPPKF) expects confirmation drilling at BHP’s (NYSE, LSE, ASX: BHP) former San Manuel mine to support a combined Arizona resource…
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…