B2Gold beats output, cost expectations
B2Gold (TSX: BTO, NYSE-A: BTG) says it surpassed expectations in key operating and financial metrics during this year’s first quarter, driven by improved performance across its four producing gold mines….
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Gold price drops from two-week high
Gold set a two-week high before noon Thursday on optimism over a U.S.-Iran peace deal before losing most of its gains late in the North American trading day. Spot gold…
McEwen climbs on quarterly earnings beat
Shares of McEwen (NYSE, TSX: MUX) advanced after the Canadian gold and silver miner reported better-than-expected quarterly results. Net income for the first quarter reached $33.4 million or $0.56 per…
Cornish Metals secures $210M to revive UK tin mine
Cornish Metals (AIM: TIN) has secured a $210 million bond financing that moves the company closer to restarting the historic South Crofty tin mine in southwestern England after decades of…
Honda drops $15B Ont. EV plant: reports
Honda is indefinitely shelving its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, a setback for Canada’s ambitions to build a domestic EV supply chain as demand cools and…
Rio Tinto boss pushes cost cuts with jobs in focus
Rio Tinto (ASX, NYSE, LSE: RIO) CEO Simon Trott said on Wednesday he will continue to streamline the company’s global operations with the goal of reaching billions of dollars in…
Podcast: From front lines of Canadian mining, American Eagle Gold CEO Anthony Moreau
This week’s episode features Young Mining Professionals Toronto director, YMP Scholarship Fund director, and American Eagle Gold CEO Anthony Moreau in conversation with host Adrian Pocobelli about mining in Canada….
Lundin reports bonanza intercepts at Fruta del Norte
Lundin Gold (TSX: LUG; US-OTC: LUGDF) reported multiple bonanza intercepts from its Fruta del Norte project in Ecuador — including two of the highest grade‑thickness holes ever drilled at the…
BHP loses bid to appeal Brazil dam disaster ruling
BHP (ASX: BHP) cannot appeal a U.K. court ruling that found the world’s largest miner liable for Brazil’s deadliest environmental disaster, tightening pressure ahead of a damages trial tied to…
Gold price rebounds on US-Iran deal hopes
Gold bounced back on Wednesday to approach a two-week high, as optimism over a U.S.-Iran peace deal eased concerns over inflation and an extended period of high interest rates. Spot…
TMCR expands into iron ore with $133M US deal
The Metals Royalty Company (Nasdaq: TMCR), a spinoff from seabed mining hopeful The Metals Co. (Nasdaq: TMC), is buying a royalty on Mesabi Metallics’ iron ore project in Minnesota for…
Trafigura in talks to build aluminum smelter in Egypt
Commodity trading giant Trafigura says it’s begun talks with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to build a new aluminum smelter in Egypt. The…