New Found Gold finances $205M for Queensway
New Found Gold (TSXV: NFG; US-NYSE-A: NFGC) says it has locked down $205 million in equity and debt financing for its Queensway development in Newfoundland. The mining company structured the…
Intelligence
DRC boosts US copper sales fivefold to 500,000 tonnes
The Democratic Republic of Congo has raised planned copper sales to the United States to 500,000 tonnes through a state-backed marketing venture, marking a fivefold increase from its initial January…
Shut Nova Scotia mine may hold $118M in gold
St Barbara (ASX: SBM) has secured Nova Scotia’s approval to process about three million tonnes of ore remaining at the closed Touquoy gold mine. The recovery may earn the company…
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….
Panama moves to unlock copper from First Quantum mine
Panama is set to authorize the removal and processing of stockpiled ore at First Quantum’s (TSX: FM) shuttered Cobre Panama copper mine, marking a key step in managing the idled operation….
Ivanhoe stuns market with deep DRC copper output cut
Ivanhoe Mines (TSX: IVN) has slashed near-term production guidance for its flagship Kamoa-Kakula copper complex in the Democratic Republic of Congo, surprising analysts and resetting investor expectations. The company now…
Prolonged Iran war would hammer top copper miners
A prolonged Iran conflict could push copper into surplus and sharply cut earnings for major producers, according to Bloomberg Intelligence. Oil above $150 a barrel in a drawn-out war that…
JV article: Deloitte targets mid-tier miners managing project complexity
Deloitte Canada has launched its Mining Evolution Platform aimed at helping mid-tier and junior mining companies improve visibility across operations as complexity grows and investment decisions become more difficult. The…
Oil shock could sharply raise mining costs: BMO
If crude hits $100 a barrel, mining costs could rise about 20% for iron ore, 16% for copper and 9% for gold.
Chile mining faces policy test under Kast government
Chile’s mining sector faces a policy reset as President José Antonio Kast took office on Wednesday, raising expectations of regulatory reform and stronger security in the world’s largest copper-producing nation….
Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a…
Chile’s right-wing pivot puts mining policy under microscope
Chile is entering a new political phase as a right-wing government prepares to take office, putting mining policy under renewed scrutiny in the world’s largest copper-producing country. In recent years,…