Newmont sells Coffee gold project for $150M
Newmont (NYSE: NEM) has agreed to sell its Coffee gold project in Yukon to Fuerte Metals (TSXV: FMT) for up to $150 million (C$207 million), completing a year-long divestment plan….
M&A, Financing and Restructuring
Beaver Creek: Crypto joins gold windfall in M&A race
Beaver Creek, Colo. – Flush crypto firms and gold miners are driving industry M&A in a competitive market where the number of discoveries has slid by more than half, this…
Beaver Creek: Policy is the new geology, panel hears
Beaver Creek, Colo. – The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard on Tuesday at the Precious Metals…
Beaver Creek: Gold, $50B copper deal bring reset
Beaver Creek, Colo. – Gold’s fresh record above $3,660 per oz. flashed along with the $50-billion (C$69-billion) Anglo American (LSE: AAL)–Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) merger announcement Tuesday…
Codelco warns Chile’s copper output may stall
Chile’s state-owned copper giant Codelco is warning that national production could stagnate at about 5.5 million tonnes per year as the industry faces mounting challenges. Chairman Máximo Pacheco said at…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Pan American locks $2.1B takeover of MAG Silver
Pan American Silver (TSX, NYSE: PAAS) has secured final regulatory approval to complete its $2.1-billion (C$2.9-billion) acquisition of MAG Silver (TSX, NYSE: MAG), cementing control over one of Mexico’s most…
JV article: Libra Energy Materials goes public with $33M KoBold Metals deal
Junior explorer Libra Energy Materials (CSE: LIBR) opened the bell for the first time on Aug. 7, after kicking off its 2025 field season alongside KoBold Metals, a privately held…
Dubai firm offers $10M lifeline to Lucapa Diamond
Lucapa Diamond (ASX: LOM), which holds the Lulo alluvial mine in Angola and the Merlin project in Australia, has struck a rescue deal with a Dubai-based group that could pull…
American Rare Earths produces first Wyoming oxides
Ore from American Rare Earths’ (ASX: ARR; US-OTC: ARRNF) Halleck Creek project in southeast Wyoming has for the first time been made into light and heavy rare earth oxide concentrates…
Gold Fields’ $2.4B Gold Road takeover vote nears
South Africa’s Gold Fields (NYSE, JSE: GFI) is closing in on its A$3.7 billion ($2.4 billion) takeover of Australia’s Gold Road Resources (ASX: GOR), with shareholders set to vote on…
JV video: Volta Metals partners with US DOE to unlock Ontario’s rare earth, gallium deposits
Canada is emerging as a key supplier of critical minerals on the geopolitical stage, and Toronto–based explorer Volta Metals (CSE: VLTA) is advancing a significant rare earth and gallium project…