Gold price wins in Iran war, but not copper
The U.S.-Iran war may shave as much as 0.7% off the global economy and push gold prices higher as investors focus on a swelling U.S. deficit and a weaker dollar,…
Copper
Peru pulls permit for $1.8B Tia Maria copper mine
Peru has revoked Southern Copper’s (NYSE, LSE: SCCO) permit for its $1.8-billion Tía María project, forcing a fresh review of one of the country’s most contentious copper developments. The Ministry…
Blast from the Past: When Chile nationalized copper
Chile’s 1971 move to nationalize copper reshaped Latin American mining and still reverberates through global supply. The Northern Miner tracked the crisis before and after the takeover. Even before Congress…
Barrick signals deal push amid strategic reset
Barrick Mining (TSX: ABX; NYSE: B) is pivoting back to acquisitions and retreating from higher-risk regions, reversing a decade-long strategy that emphasized expansion across Africa and Asia. Chairman John Thornton…
Argentina OKs Milei glacier mining reform amid protests
Argentina’s Congress approved on Thursday a bill pushed by the country’s right-wing President Javier Milei that opens sensitive high-altitude regions to mining, triggering warnings over water security and environmental risks….
AOMC, Odyssey merge to build $1B deep-sea miner
American Ocean Minerals is merging with Odyssey Marine Exploration (Nasdaq: OMEX) in a reverse takeover that will create a roughly $1 billion market cap deep-sea mining company. The all-stock transaction…
First Quantum taps IFC for Argentina copper push
First Quantum Minerals (TSX: FM) has partnered with the World Bank’s International Finance Corporation (IFC) to align its Taca Taca copper project in Argentina with global sustainability standards. The agreement…
PDAC Video: Palmer sale sets up American Pacific’s Madison push
American Pacific Mining (CSE: USGD; OTCQX: USGDF) is preparing its biggest drill campaign yet at the Madison copper-gold project in Montana as it shifts its focus to the past-producing asset…
PDAC Video: Meridian funds early Cabaçal works
Meridian Mining (TSX: MNO; US-OTC: MRRDF) has raised $57.5 million (US$41.5 million) to advance its Cabaçal copper-gold project in western Brazil. The February financing is to pay for long-lead equipment,…
Goldman warns on copper risks, trims price target
Copper could see further downside risk if the war in the Middle East drags on and continues to disrupt the global supply chains by blocking the Strait of Hormuz, Goldman…
Altius acquires 9.9% of TNR Gold
Altius Minerals (TSX: ALS) has taken up a 9.9% stake in TNR Gold (TSXV: TNR) to further expand its investment holdings in companies with royalty-generating assets. In a statement on…
Podcast: Cartels’ growing impact on South American mining, ft MINING.COM’s Cecilia Jamasmie
This week’s episode features MINING.com editor-in-chief Cecilia Jamasmie in conversation with host Adrian Pocobelli on recent developments in South America. Jamasmie explains how a recent surge in crime across the…