JPMorgan, Agnico Eagle pour $255M into Perpetua Resources
The bank invests $75M for a 3% Perpetua stake, while Agnico adds $180M for 6.5% and helps develop the Stibnite project.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
US $20B backing, stability key to Argentina’s mining push
As voters prepare to head to the polls on Sunday, President Javier Milei’s administration faces a critical test.
Trilogy Metals jumps as US reinstates Alaska road permits
The Ambler road is seen as vital infrastructure to unlock one of the richest undeveloped copper regions in the world.
Angola challenges Botswana in high-stakes De Beers bid
Angola’s formal bid for Anglo’s total stake in De Beers adds geopolitical tension to southern Africa’s diamond industry.
Antofagasta trims forecast as copper output inches up
The Chilean miner saw 1% rise in Q3 copper production and expects annual output at lower end of 660,000-700,000 tonnes.
Colombia deals a blow to AngloGold’s $1.4B copper project
Quebradona aims to produce 1.4M tonnes of copper, 1.4M oz of gold, and 21.6M oz of silver over 20 years.
Rio Tinto targets $10B assets selloff as Trott resets the miner
Rio Tinto’s new CEO pushes a sweeping overhaul aimed at tightening costs, simplifying business structures and boosting long-term growth.
