SW US Spotlight 2: Rio, Teck, Newmont back juniors
Three major miners are backing junior explorers advancing copper projects in the U.S. Southwest, while a fourth company is pushing to become a domestic antimony and gold producer. Teck Resources…
Newmont
From the Archives: Carlin made mining majors
Among the Southwest United States’ many claims to mining fame is the discovery of Carlin-type gold deposits, characterized by microscopic gold in arsenic-rich pyrite and named after the town of…
Investors buoy gold price as central banks slow
Central-bank gold buying fell by more than half in July even as bullion stayed near record highs, suggesting investment demand is taking on a bigger role in supporting the market….
SW US mine rush collides with water limits
Washington’s push to mine more copper and lithium in the U.S. Southwest is running into a harder limit than permitting: whether projects can secure enough water to operate for decades…
Talamore gets key road permit for Coffee gold project
Talamore Mining (TSX: TALA; US-OTC: TALMF) has secured the remaining major permit needed to complete the 214-km all-season road to its Coffee gold project in Yukon, removing a key infrastructure…
Central Nevada Gold on mine hunt: CEO
Privately held developer Central Nevada Gold will look at acquiring other precious metals assets in the state after buying the past-producing Mule Canyon mine from Newmont (NYSE, ASX: NEM; TSX:…
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…
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….
Barrick, Newmont settle dispute with $1.9B deal
Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.
Bigger plants drive Australia’s next gold gains
Australian gold output is set to rise as producers expand existing mines before a new set of projects starts later this decade, Melbourne-based mining consultants Surbiton Associates says. The country…
Top 10 US miners: Southern Copper, Newmont lead pack
Rising metals prices helped global miners Southern Copper (NYSE: SCCO), Newmont (NYSE: NEM) and Freeport-McMoRan (NYSE: FCX) extend their dominance of U.S. peers in terms of both market capitalization and earnings. Southern…