February 14, 2023

Freeport Indonesia hopes flood-hit mine can partially resume before month’s end

The mine typically produces nearly 5 million pounds of copper concentrate and 5,000 ounces of gold daily.

February 14, 2023

Stillwater partners with Cornell University on hydrometallurgy and carbon capture initiatives

The partnership would fall under the MINER program funded by the DOE via the Advanced Research Projects Agency.

February 13, 2023

ATAC board rebuffs Victoria Gold takeover bid

The all-scrip deal values ATAC at $18.7 million.

February 13, 2023

Karora grows gold resources at Beta Hunt mine in Australia

The updated measured and indicated resource totalled 1.35 million gold ounces, representing a 20% increase over the previous estimate.

February 13, 2023

Freeport-McMoRan cuts forecast after floods damage Indonesia’s Grasberg mine

Freeport now expects its Q1 sales to be lower than the previous outlook of 900 million pounds of copper and 300,000 ounces of gold.

February 13, 2023

Gold miners may see margins shine as energy, labor costs edge lower

All-in sustaining costs (AISC) jumped by a third in the last four quarters at top miners Barrick and Newmont.

February 13, 2023

Gold price slips with spotlight on US inflation data

A stronger dollar is weighing on gold, with the metal “a little lower just based off that heading into tomorrow morning’s (CPI) number,” says analyst.

February 13, 2023

Great Bear resource ‘proves our thesis,’ Kinross says

The open-pit indicated mineral resource shows 33.1 million tonnes grading 2.6 g/t for 2.7 million oz. contained metal, Kinross said in a news release.

February 13, 2023

B2Gold to buy Sabina Gold & Silver for $824 million

Deal hands B2Gold the Back River Gold District property in Nunavut, Canada, which holds multiple high-potential mineralized zones.

February 12, 2023

Freeport Indonesia suspends some work at Grasberg mine after floods

The situation was under control, but the company gave no estimate of when operations would resume.