July 7, 2023

Hudbay Minerals CEO says company open to acquisition offers at right price

Peter Kukielski said there is a potential for some of the mid-size copper companies to come together to create one mega company.

July 6, 2023

Samarco to double pellet output capacity by Q1 2025, CEO says

The firm aims to double its share of the transoceanic pellets market to 18%.

July 6, 2023

New gold discoveries to extend Barrick’s Ivory Coast mine operations

Tongon mine will continue operating until at least 2030 following a significant discovery of new deposits.

July 5, 2023

These are the world’s most valuable gold mines in development

In a recent report, Metals Focus ranked the top most valuable gold development projects, using its proprietary five-year gold and silver price forecasts for NPV calculations.

July 5, 2023

China Investment sells some shares in Teck Resources

CIC said the transaction was undertaken to adjust its portfolio.

July 5, 2023

Zambia says deal with India’s Vedanta over disputed copper assets imminent

A deal could help unlock funding to advance the Konkola Deep Mining Project, which holds one of the world's richest copper deposits.

July 5, 2023

Trafigura consortium to invest over $555m in Angola-Congo rail link

Africa's biggest copper producer currently exports copper, cobalt and other metals in trucks via Tanzania or South Africa.

July 5, 2023

Wyloo looks for more nickel deals as it seals Mincor buy

Wyloo has breached the 90% holding in Mincor for compulsory acquisition and the takeover is expected to be sealed in the coming weeks.

July 5, 2023

Strike at Newmont’s Peñasquito hurting Mexico’s mining sector

The chamber of mines says the ongoing halt of Peñasquito will have a significant impact on Mexico's already-weak output.

July 4, 2023

Seabridge seals $150 million note & NSR deal with Sprott

Seabridge will use the funds to achieve the designation of “substantially started” from the BC government.