OceanaGold expands with $553M Ausgold buy
Canadian gold and copper producer OceanaGold (TSX, NYSE: OGC) is buying Australia’s Ausgold (ASX: AUC) for A$776 million (almost US$553 million), giving the miner its first acquisition in Australia and…
Gold
YMP Scholarship Fund grows to $300,000
The Young Mining Professional’s Scholarship Fund has increased by a third to $300,000 (US$215,000) from last year as the industry’s leading companies reward strong students in mining disciplines across Canada….
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…
Venezuela targets $4.4B London gold stash
Venezuela’s government and opposition have agreed to jointly pursue the return of about 31 tonnes of gold held at the Bank of England in a plan to help finance reconstruction…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Newmont backs junior Headwater on 3rd Nevada project
Newmont (NYSE, ASX: NEM; TSX: NGT) has agreed to earn control of Headwater Gold’s (CSE: HWG; US-OTC: HWAUF) Jupiter gold project in Nevada by covering exploration costs and completing a…
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…
Vale speeds Salobo copper expansion, cuts costs
Vale’s (NYSE: VALE) Base Metals (VBM) unit is adding about 30,000 tonnes of annual production at its Salobo mine, Brazil’s largest copper operation, after cutting capital costs and accelerating first…
Northern Star rejects hedge fund overhaul
Northern Star Resources (ASX: NST), Australia’s largest gold miner, rejected activist Elliott Investment Management’s push to install six directors, saying the proposal would undermine proper governance as the investor seeks…
Antofagasta’s posts $2B profit, cuts copper outlook
Antofagasta (LSE: ANTO) has cut its 2026 copper production forecast after extreme weather shut its flagship Los Pelambres mine in Chile, overshadowing a 27% increase in first-half core earnings. The…
Podcast: Wheaton Precious Metals CEO Haytham Hodaly on the evolution of the streaming model
This week’s episode features Wheaton Precious Metals (TSX, NYSE, LSE: WPM) CEO Haytham Hodaly in conversation with host Adrian Pocobelli on how the streaming model is holding up in today’s…
Sweden OKs Boliden’s Laver copper concession
Sweden rejected appeals against Boliden’s (STO: BOL) mining concession for Laver, clearing a key hurdle for a copper project that could double the country’s output while leaving major environmental and…