Venezuela targets $4.4B London gold stash
Venezuela’s government and opposition have agreed to jointly pursue the return of about 31 tonnes of gold held at the Bank of England in a plan to help finance reconstruction…
News
Blue Moon rejects short seller’s claims
Blue Moon Metals (TSXV: MOON; Nasdaq: BMM) is defending its main Nussir copper project after short-seller Viceroy Research questioned permits, financing and broader development strategy, while an analyst firm says…
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…
Processing, not output, may decide metal shortages
Critical-mineral shortages through 2035 may depend as much on whether miners can reliably process and deliver usable material as on whether enough tonnes are mined, according to GEM Mining Consulting….
Rio’s Tomago smelter wins A$1.76B government lifeline
Australia and New South Wales have committed A$2.5 billion (US$1.76 billion) to keep Rio Tinto’s (ASX, NYSE, LSE: RIO) majority-owned Tomago aluminium smelter open beyond 2028 after high electricity costs…
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…
G Mining hikes cost forecast on labour, royalties
Operating expenses at South America-focused gold producer G Mining Ventures (TSX: GMIN; US-OTC: GMINF) will be about 12% higher this year due in part to labour-cost inflation and increased royalty…
Vale speeds Salobo copper expansion, cuts costs
Vale’s (NYSE: VALE) Base Metals (VBM) unit is adding about 30,000 tonnes of annual production at its Salobo mine, Brazil’s largest copper operation, after cutting capital costs and accelerating first…
Northern Star rejects hedge fund overhaul
Northern Star Resources (ASX: NST), Australia’s largest gold miner, rejected activist Elliott Investment Management’s push to install six directors, saying the proposal would undermine proper governance as the investor seeks…
Antofagasta’s posts $2B profit, cuts copper outlook
Antofagasta (LSE: ANTO) has cut its 2026 copper production forecast after extreme weather shut its flagship Los Pelambres mine in Chile, overshadowing a 27% increase in first-half core earnings. The…
Savannah wins support for contentious Barroso
Savannah Resources (LSE: SAV) has secured fresh backing from local landowners in northern Portugal for the controversial Barroso lithium project, Europe’s largest, as the developer seeks to overcome years of…
Podcast: Wheaton Precious Metals CEO Haytham Hodaly on the evolution of the streaming model
This week’s episode features Wheaton Precious Metals (TSX, NYSE, LSE: WPM) CEO Haytham Hodaly in conversation with host Adrian Pocobelli on how the streaming model is holding up in today’s…