Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
Gold
SSR’s Turkey mine deaths blamed on design
SSR Mining (Nasdaq, TSX: SSRM; ASX: SSR), the third-largest U.S.-based gold miner, says an independent review shows a heap leach design flaw mostly likely killed nine workers at the Çöpler…
South Africa mine rescue ends with 246 saved, 78 dead as illegal mining crisis mounts
South African authorities have concluded a week-long rescue operation at the abandoned Buffelsfontein gold mine, recovering 246 survivors and 78 deceased illegal miners, locally referred to as ‘Zamazama.’ The operation…
Antofagasta misses copper target, keeps guidance
Chilean miner Antofagasta (LSE: ANTO) reported on Thursday that its copper production for 2024 fell below company expectations, despite exceeding its total output for the previous year. The company, Chile’s…
London Symposium JV Video: Quebec’s clean energy, innovation, incentives
Quebec supports mining with hydro-power, streamlined permits and beneficial tax policies, an adviser to the province says. Early government action gives it an edge in the energy transition, Jonathan LaFontaine,…
Hummingbird reaches $16.4M deal with Mali
Africa-focused Hummingbird Resources (AIM: HUM) announced on Wednesday it had reached an an agreement with Mali’s military-led government to operate the Yanfolila gold mine under the country’s new mining code. As part…
Yukon Metals samples up to 3.49% copper at AZ
Yukon Metals (CSE: YMC; US-OTC: YMMCF) shares rose on Wednesday after it released sampling results from the AZ project with copper grades as high as 3.49%. The Canadian junior kicked…
London Symposium JV Video: Brixton Metals pursues porphyry potential at Thorn
Brixton Metals (TSXV: BBB; US-OTC: BBBXF) is working towards unlocking the copper-gold porphyry potential of its Thorn project in British Columbia, backed by major investors like BHP (NYSE: BHP; LSE:…
Barrick halts Mali mine after junta seizes gold
Barrick Gold (TSX:ABX; NYSE:GOLD) followed through with its threat to suspend operations at its Loulo-Gounkoto complex in Mali after the military-led government moved gold stocks to a custodial bank. “Barrick…
Minerals 260 buys $150M Aus gold project from Zijin
Junior explorer Minerals 260 (ASX: MI6) says it will acquire the brownfield Bullabulling gold project in Western Australia from Chinese diversified major Zijin Mining (SH: 601899) for A$166.5 million ($147.9…
Asante Gold’s feasibility extends Bibiani 7 years
Asante Gold‘s (CSE: ASE USOTC: ASGOF) new definitive feasibility study (DFS) confirms the potential to extend Bibiani in Ghana by at least seven years through mining underground reserves below the…
Newcore Gold hits high-grades at Enchi, eyes resource upgrade, pre-feasibility in 2025
Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) on Tuesday reported strong drill results from its Enchi gold project in Ghana, showing wide mineralization at the Boin deposit. Key intercepts included hole…