Capstone sells Chile projects stake to Orion for $360M
Canada’s Capstone Copper (TSX: CS; ASX: CSC) has struck a deal valued at up to to $360 million (C$506 million) with Orion Resource Partners, granting the private equity firm a…
Australia, NZ & South Pacific
Nova Minerals soars on Aus-US summit request
Nova Minerals’ (Nasdaq, ASX: NVA) shares skyrocketed on Tuesday after the Australian miner said that the U.S. government wants it to provide a brief on its antimony project in Alaska…
RANKED: Top 20 biggest copper mines 2025
The copper price hit a new 16 month high in London this week, while BHP (NYSE, LSE, ASX: BHP) is predicting global copper demand to grow by at least a…
Opinion: Tokenizing pounds in the ground
A reader recently introduced me to an interesting idea: a firm in the United States is looking to “tokenize” unmined gold resources. Here’s the pitch from the company ‘NatGold’ (emphasis…
Rio Tinto, Japanese firms pour $733M into Pilbara mine
Rio Tinto (ASX: RIO) and its Japanese joint-venture partners will invest $733 million to extend the life of the West Angelas iron ore hub in Western Australia’s Pilbara region by…
Video: ‘Positive, not frothy’ Denver Gold Group’s Tim Wood says on disciplined upcycle
The mood at Mining Forum Americas in Colorado Springs was “very positive, but not frothy at all,” due to the cautious approach of most attendees and investors, Denver Gold Group…
Predictive, Robex reach $1.5B deal to create Guinea-focused gold miner
Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion) that would create a new Guinea-focused…
BHP sinks $555M into Olympic Dam amid expansion bid
BHP is considering doubling copper output in South Australia to 650,000 tonnes by the mid-2030s
Newmont names Viljoen CEO as Palmer retires
Newmont (NYSE: NEM), the world’s largest gold miner, said Monday that CEO Tom Palmer will retire later this year, with chief operating officer Natascha Viljoen set to take over on…
Zijin becomes world’s No. 3 miner on $100B valuation
China’s Zijin Mining Group (HKG: 2899) has climbed past the $100 billion threshold in market capitalization for the first time, propelling it into the No. 3 spot globally, overtaking Glencore…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Grasberg halt hikes copper; Freeport in ‘penalty box’
Copper climbed on Wednesday after Freeport-McMoRan (NYSE: FCX) declared force majeure on contracted supplies from its Grasberg block cave mine in Indonesia, tightening an already firm market. Three-month copper traded…