Anglo posts $3.7B loss on fresh De Beers writedown
Impairment reduces De Beers’ value, bringing total writedowns for the diamond unit to $6.8 billion in 2025.
Metals and Minerals Markets
Denison’s Phoenix uranium project lands final permit
The Canadian Nuclear Safety Commission (CNSC) has approved Denison Mines’ (TSX: DML) environmental assessment and other permits, opening a pathway for the company to begin construction of its Phoenix/Wheeler River…
CHARTS: US copper glut hides refining crunch
The United States produces more raw copper than it consumes but lacks the processing capacity to turn it into usable metal, leaving manufacturers dependent on foreign refiners, a new report…
Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
Roundup Video: Kodiak resumes drilling after first MPD resource
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) plans a stepped-up drill campaign at its MPD copper-gold project near Princeton, B.C., after releasing an initial resource estimate in December that CEO Claudia…
Roundup Video: Azimut pivots to advanced exploration
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) is stepping up drilling at its Elmer and Wabamisk projects in Quebec’s James Bay after a run of discoveries, president and CEO Jean-Marc Lulin…
BHP leans on copper growth, not big deals
CEO Mike Henry said there’s no urgent need for deals as the company aims for 2.5 million tonnes of copper equivalent annually.
Roundup Video: Star Copper reports wide copper-gold drill assays
Early drilling at Star Copper’s (CSE: STCU; US-OTC: STCUF) namesake project in northern British Columbia has confirmed broad near-surface copper-gold mineralization, reinforcing the case for a larger porphyry system at…
Roundup Video: Northisle leans on $2B PEA to push North Island forward
Northisle Copper and Gold (TSXV: NCX; US-OTC: NTCPF) plans to take its North Island copper-gold project on northern Vancouver Island to a prefeasibility study by year-end, CEO Sam Lee said….
Agnico Eagle profit soars as reserves hit record
Agnico Eagle Mines (TSX, NYSE: AEM) said annual profit more than doubled as Canada’s largest gold miner boosted its dividend and reported record 2025 reserves of the precious metal. The…
Roundup Video: Enchi results impress as Newcore advances PFS
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) expects to deliver a pre-feasibility study on its Enchi gold project in Ghana by this summer, as drilling starts to point to higher-grade potential…
Roundup Video: Brixton drills Langis silver project in Ontario, preps Thorn return
Brixton Metals (TSX-V: BBB; US-OTC: BBBXF) is drilling its Langis silver project in Ontario this winter and plans to restart rigs at its Thorn copper-gold project in northwestern British Columbia…