November 4, 2022

Friday feeding frenzy for mining stocks

Mining stocks in monster rally as copper price surges 8% and gold price climbs nearly $50 an ounce.

November 4, 2022

Musk says Tesla has never contemplated investing in Glencore

The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in Glencore, but the discussions ended with no deal reached.

November 4, 2022

Coeur Mining closes southern Nevada asset sale to AngloGold, stock up

Coeur would receive $150 million cash upfront, plus additional deferred cash consideration of $50 million should the Sterling and Crown gold resource reach more than 3.5 million ounces.

November 4, 2022

Pan American and Agnico Eagle enter bidding war for Yamana

Gold Fields, which offered to buy Yamana at the end of May, has five business days to match.

November 3, 2022

Hudbay Minerals provides resource estimate, exploration update at Llaguen

High-grade core within the Llaguen mineral resource includes 113 million tonnes of indicated resources at 0.60% copper-equivalent.

November 3, 2022

UK court fines Glencore $308 million for bribing its way across Africa

The UK Serious Fraud Office showed how Glencore paid more than $28 million in bribes across five African countries over five years to 2016.

November 3, 2022

Alcoa sent three letters to the LME requesting action on Russian metal

Alcoa expressed concerns that large amounts of Russian aluminum flowing into LME-registered warehouses could distort the exchange's aluminum contract.

November 3, 2022

Barrick CEO sees few decent deals in ‘fragmented’ gold industry

The world’s No. 2 bullion producer is keeping “a sharp outlook for M&A opportunities,” Chief Executive Officer Mark Bristow said Thursday.

November 3, 2022

Blockades at Peru’s Las Bambas copper mine hit operations

Las Bambas, owned by Chinese firm MMG Ltd, is one of the largest copper mines in the world.

November 3, 2022

Higher production helps AngloGold Ashanti fight inflation

Gold miner posted a 20% jump in third-quarter production.