Newmont-Barrick rift over Nevada heats up
Barrick’s (TSX: ABX; NYSE: B) already complicated plan to spin off its North American assets has hit another obstacle after joint venture partner Newmont (NYSE: NEM) issued a notice of…
AngloGold invests $28M in Thesis for 5% stake
Lawyers-Ranch project in northern BC. Credit: Thesis Gold AngloGold Ashanti (NYSE: AU) has taken up a 5% stake in Thesis Gold (TSXV: TAU), whose flagship project is the Lawyers-Ranch project…
Vale to sell Manitoba nickel complex to investor group
Vale to sell Manitoba nickel complex to investor group Brazilian mining giant Vale (NYSE: VALE) is selling control of Manitoba’s Thompson nickel mine complex to a trio of investors that…
Rio Tinto doubles down on copper to defend growth strategy
Copper output rise due to ongoing ramp-up of Oyu Tolgoi underground mine. (Image courtesy of Turner & Townsend.) Rio Tinto (ASX, LON: RIO) leaned on a doubling of copper profit…
Rio Tinto gains control of Nemaska, eyes $300M investment
Rio Tinto gains control of Nemaska, eyes $300M investment Rio Tinto (ASX, LSE, NYSE: RIO) said it plans to invest more than $300 million this year to expand its lithium business…
CHARTS: US copper glut hides refining crunch
Resolution Copper mine in Arizona holds enough copper to supply a quarter of US demand for years. (Image courtesy of Resolution Copper.) The US produces more raw copper than it consumes…
Glencore doubles down on copper, keeps M&A in play
Glencore (LON: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
Ontario fast-tracks Kinross Gold’s Great Bear project
Ontario fast-tracks Kinross Gold’s Great Bear project Ontario is upgrading Kinross Gold’s (TSX: K; NYSE: KGC) Great Bear project to its One Project One Process framework, Energy and Mines Minister…
BHP leans on copper growth, not big deals
BHP (ASX: BHP) will prioritize organic copper growth over major acquisitions, as chief executive Mike Henry says the miner already holds the sector’s strongest development pipeline. Speaking after the company’s…
Agnico Eagle posts record reserves, hikes payout
Canada’s largest gold miner, Agnico Eagle Mines (TSX, NYSE: AEM), reported record 2025 reserves of the precious metal and a 135% surge in annual profit, lifting its dividend as higher…
