Yamana, Agnico Eagle ok $1.3bn in construction at Canadian Malartic
The underground project will extend the life of Canada’s largest operating open pit gold mine – to 2039.
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Denison raises $31 million in financings, shares up
Shares of Denison Mines hit a five-year high earlier in the session.
Tight supply and hydrogen hopes drive iridium price up 160%
Prices have climbed to a record high of $4,390 an ounce from $1,685 on Dec. 12, accelerating a rally that began in 2016, when iridium cost around $500 an ounce.
Silver price to reflect metal’s role as store of value, Moody’s says
The credit ratings firm has set a price sensitivity range of $17-$21/oz for silver.
Billionaire steelmaking clan faces key test in quest to cut debt
Benjamin Steinbruch is trying to convince investors to fork over as much as $1.5 billion for a piece of Brazilian CSN Mineracao.
Mitsubishi Materials completes Chile’s Mantoverde copper stake deal
Company completed its purchase of a 30% stake in Chile's copper mine, as the shift to a low carbon economy boosts demand for the metal.
Boliden Q4 profit tops forecast proposes dividend hike
Boliden's fourth-quarter operating profit rose to 3.08 billion Swedish crowns ($370 million) from 1.74 billion a year earlier.
Venezuela gold reserves drop to new five-decade low as withdrawals accelerate
Facing a collapse in oil production and the effects of US sanctions, President Nicolas Maduro’s government has continued to use the sale of monetary gold as a source of income.
Rio Tinto beefs up dispute resolution team for Guinean bauxite
Guinean villagers in communities around the mine filed a complaint in 2019 alleging contraventions by miner Compagnie des Bauxites de Guinée SA of its commitments around resettlement and pollution.