Eldorado $1B Skouries mine in Greece nears finish line
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) is moving closer to opening its Skouries copper-gold mine in northern Greece, with first output expected in early 2026 and commercial production by…
Financial Matters, M&A
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Iamgold signs deals to triple Quebec district footprint
Canadian miner Iamgold (TSX: IMG; NYSE: IAG) announced a pair of acquisitions that would more than triple its footprint in northern Quebec’s Chibougamau region. Shares rose. Iamgold agreed to buy…
Fortuna soars on fast repay plan for Senegal gold project
Fortuna Mining (TSX: FVI; NYSE: FSM) says a preliminary economic assessment (PEA) for the Diamba Sud gold project in Senegal shows the Canadian miner could recoup its investment in less than…
Loncor agrees on $261M sale to China’s Chengtun
Canadian explorer Loncor Gold (TSX: LN; US-OTC: LONCF) agreed to be acquired by Chengtun Mining Group for about $261 million cash in a deal that will hand control of a…
Rio Tinto, Japanese firms pour $733M into Pilbara mine
Rio Tinto (ASX: RIO) and its Japanese joint-venture partners will invest $733 million to extend the life of the West Angelas iron ore hub in Western Australia’s Pilbara region by…
Predictive, Robex reach $1.5B deal to create Guinea-focused gold miner
Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion) that would create a new Guinea-focused…
Barrick to sell Tongon mine to Atlantic for up to $305M
Barrick Mining (TSX: ABX; NYSE: B) agreed to sell its stake in the Tongon gold mine and certain exploration properties in Côte d’Ivoire to the Atlantic Group for up to…
Critical Metals pares gains as U.S. government talks report downplayed
Critical Metals (NASDAQ: CRML) shares gave up some their early gains Monday afternoon after the White House shot down reports that it is considering buying a stake in the rare…
Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
G Mining gets Brazilian tax cut for gold mine
Authorities in Brazil have granted G Mining Ventures’ (TSX: GMIN; US-OTC: GMINF) main Tocantinzinho mine a reduced tax rate, a move that the Canadian company says will “materially enhance” profit…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…