Kinross Gold cuts output, boosts shareholder payout
Kinross Gold (TSX: K; NYSE: KGC) has cut its 2026 and 2027 production outlook by about 8% from the previous guidance midpoint after weather and metallurgical problems at La Coipa…
South America
Collective hits gold-tungsten beyond Apollo model
Collective Mining (TSX, Nasdaq: CNL) has hit high-grade gold and tungsten in schist outside the southern edge of its Apollo breccia in Colombia, opening a new drilling target beyond the…
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access to the region’s resources, the…
Highlander lines up $330M Corani silver project debt
Highlander Silver (TSX, NYSE-A: HSLV) has hired Paris-based Natixis Corporate & Investment Banking to lead a proposed $330-million (C$465-million) seven-year senior secured debt financing for its Corani silver project in…
Glencore halts Cerrejón coal railway after attack
Glencore’s (LSE: GLEN) Cerrejón coal mine in Colombia halted railway operations after explosives struck its network, marking the sixth attack on its infrastructure this year. A train was affected by…
Value rises to $1.45B for Bravo’s PGM project in Brazil
A new economic study for Bravo Mining’s (TSXV: BRVO: US-OTC: BRVMF) Luanga polymetallic project in Brazil has lifted the proposed mine’s after-tax net present value (NPV) 16% over a previous…
Meridian’s Cabaçal value doubles on higher prices
Meridian Mining (TSX, LSE: MNO; US-OTC: MRRDF) has more than doubled the estimated value of its Cabaçal gold-copper project in Brazil in a new feasibility study, although the gain rests…
Vale buys Ligga iron ore stake for $190M
Vale (NYSE: VALE) confirmed it’s acquiring a 30% interest in Ligga to increase iron ore production, after the country’s stock exchange questioned why the deal hadn’t been disclosed to investors….
Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades and weak Chilean output expose…
Aura secures $200M loan for Americas growth
Aura Minerals (Nasdaq: AUGO) has secured a $200-million (C$280-million) syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works towards producing more than 600,000 gold-equivalent…
Venezuela’s $4B gold stash closer to leaving London
Venezuela’s government and a faction of the opposition are nearing an agreement that could move about $4 billion of the country’s gold from the Bank of England to U.S. custody,…
Billionaire’s buying spree stretches beyond iron ore
Gina Rinehart’s Hancock Prospecting has made a string of investments over the past year, building exposure to rare earths, copper, gallium, antimony and precious metals as Australia’s richest person broadens…