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
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…
AME presses Ottawa to honour exploration credit promise
The Association of Mineral Exploration (AME) is pressing Ottawa to expand Canadian Exploration Expense eligibility to cover project-advancement work, saying financing gaps are stalling critical-mineral projects after discovery. In a…
US debt could drive gold to $6,000, analyst says
Gold could climb to $6,000 (C$8,450) per oz. as swelling U.S. debt and central-bank buying extend the metal’s bull market, Toronto-based brokerage Maison Placements President John Ing forecasts in a…
Awalé gold-copper assays at Odienné point to bigger lode in West Africa
New assay results from Awalé Resources’ (TSXV: ARIC) Newmont- (TSX: NGT; NYSE: NEM) backed gold-copper Odienné project in Côte d’Ivoire show the high-grade core of the BBM target extends under the…
Central Nevada Gold looks to revive Mule Canyon mine
Privately held Central Nevada Gold is working to reopen the past-producing Mule Canyon mine in the western U.S. state after acquiring the asset from Newmont (NYSE, ASX: NEM; TSX: NGT)….
Canada bets on digital hub to speed mine permitting
Canada is using a centralized digital platform to help accelerate reviews of major mining and infrastructure projects by giving regulators, companies, Indigenous communities and the public access to the same…
Ottawa invests up to $400M in Teck’s Trail plant for germanium output
Canada’s federal government is investing a potential $400 million as part of an $850-million total investment in Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) Trail processing facility in British Columbia…