Rio’s US$6.7B Arcadium bid is its largest since 2007
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) plans to acquire Arcadium Lithium (NYSE: ALTM; ASX: LTM) in an all-cash deal valued at US$6.7 billion, the Anglo-Australian giant confirmed on…
United States
Video: Barrick’s Bristow douses Nevada Gold Mines IPO talk – Part 2
Despite rising metal prices, companies haven’t replaced the gold and copper reserves they’ve mined over the past two decades, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark Bristow said in…
Nova Minerals hits high-grade gold in Alaska as it eyes 2025 prefeasibility
Infill drilling at Nova Minerals’ (ASX: NVA; NASDAQ: NVA) RPM project in south-central Alaska has confirmed the continuity of near-surface high-grade gold mineralization as the company works towards a prefeasibility…
JV Video: OceanaGold aims to grow production by 30% in two years, CEO says
OceanaGold (TSX: OGC; US-OTC: OCANF) aims to increase gold output by 30%, reaching between 620,000-680,000 oz. by 2026, according to president and CEO Gerard Bond. The company’s Haile mine in…
Americas Gold and Silver buys out JV partner Sprott at Galena complex in Idaho
Americas Gold and Silver (TSX: USA; NYSE-AM: USAS) has agreed to buy out its 40% joint-venture partner — an affiliate of Canadian mining investor Eric Sprott — in its producing…
Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1
With gold’s record climb expected to boost third-quarter results, Barrick Gold’s (TSX: ABX; NYSE: GOLD) CEO Mark Bristow, aims to build on the financial discipline that drove a 68% surge…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
JV Video: First Majestic’s new mint takes silver from mine to money, executive says
First Majestic Silver’s (TSX: AG; NYSE: AG) new mint in Las Vegas began production last month, completing the company’s vertical integration, vice-president for corporate development Mani Alkhafaji said in an…
Rio Tinto confirms talks to buy Arcadium Lithium — but not the price
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has made an approach to buy Arcadium Lithium (NYSE: ALTM; ASX: LTM), the two sides confirmed on Monday, following market speculation over…
US GoldMining stock soars after it doubles Whistler resource
U.S. GoldMining (NASDAQ: USGO) shares jumped more than 36% on Monday to a new 12-month high at US$14.10 after the company doubled the resource at its Whistler gold-silver-copper project in…
Video: WGC on analysts’ US$3,000 per oz gold call as investors flood in
Gold could reach US$3,000 per oz. in weeks after rate cuts lowered the opportunity cost of holding it, driving speculative and institutional inflows, World Gold Council senior market strategist Joseph…
Lithium firms’ shares rise after Rio Tinto buyout chatter
Shares in a handful of lithium players gained Friday after speculation in the daily publication The Australian that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) might bid to buy…