Anglo exits coal in $3.9B Dhilmar sale
Anglo American (LSE: AAL) has agreed to sell its Australian steelmaking coal business to privately held Dhilmar for as much as $3.875 billion (C$5.3 billion), completing its exit from the…
Canada
Canada fast-tracks Nouveau Monde Graphite’s mine
Ottawa backs the Quebec-based project, billed as the biggest graphite mine in the G7.
Sherritt drops plan to dissolve Cuban assets
Sherritt International (TSX: S) has dropped plans to dissolve its mining assets in Cuba, though operations will remain suspended amid ongoing United States sanctions on the island nation. The Canadian…
Panama has lost $3.5B from mine halt: First Quantum
First Quantum Minerals (TSX: FM) said the suspension of its Cobre Panamá copper mine has cost Panama an estimated $3.5 billion in lost economic contribution over the past two years,…
Nouveau Monde to build G7’s biggest graphite mine
Nouveau Monde Graphite (TSX: NOU; NYSE: NMG) is going ahead with the construction of its Matawinie mine in Quebec, a crucial step in the company’s bid to become a North…
Gold Terra hikes ounces at historic mine in Yellowknife
An update for Gold Terra Resource’s (TSXV: YGT; US-OTC: YGTFF) Con brownfield project in the Northwest Territories almost doubles global contained gold over the initial estimate from 2022, though grades…
Sudbury hosts major rare earth project ‘in a pizza delivery zone,’ CEO says
Volta Metals’ (TSX-V: VLTA) Springer project hosts one of the largest rare earth deposits in North America and is so connected to infrastructure that pizza can be delivered to the site,…
Hemlo hits 16g gold at namesake Ontario mine
Canadian producer Hemlo Mining (TSXV: HMMC) reported grades as high as 16.1 grams gold per tonne over 8.1 metres from drilling at its namesake gold operation in northern Ontario as…
Honda halts $15B Ont EV plant amid losses
Honda is indefinitely suspending its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, following the expansion project’s potential postponement first reported last week in Japanese media. The move marks…
Elemental Royalty to buy Vizsla Royalties for $327M
Elemental Royalty (TSX: ELE; Nasdaq: ELE) is acquiring Vizsla Royalties (TSX-V: VROY; US-OTC: VROY) in a $327-million (US$239-million) deal, offering a 31% premium as the company continues consolidating the royalty…
Titan, Teck seek germanium from zinc tailings
Titan Mining (NYSE-A: TII) says it is evaluating potential germanium production from its U.S.-based zinc mining in partnership with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK). Titan and Teck envision…
Gold M&A: Equinox, Orla combine as $18.5B miner
Equinox Gold (TSX: EQX; NYSE: EQX) said on Wednesday it would acquire Orla Mining (TSX: OLA; NYSE: ORLA) in a deal valued at about US$18.5 billion (C$25.4 billion), creating a…