Agnico focuses on internal growth even as mining deals heat up
"What we don’t want to see is irresponsible M&A just because the gold price is high," says CEO Ammar Al-Joundi.
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Atomionics raises $12M to scale its mineral discovery technology
The round was led by Paspalis and includes BHP Ventures.
Indonesia’s United Tractors seeks expansion with gold miner acquisition
Indonesian heavy machinery distributor PT United Tractors is acquiring a 100% stake in PT Arafura Surya Alam.
PM told Anglo American to move HQ to Canada for Teck deal nod – report
Mark Carney issued ultimatum for its proposed acquisition of Teck Resources.
US looks to boost strategic uranium reserve for nuclear power
International Atomic Energy Agency shows inventories held by US companies trail peers in Europe and Asia.
Copper price hits 15-month high on US rate cut boost
Copper, a bellwether for the health of the global economy, has now risen for six consecutive trading sessions.
Erdene pours first gold at Mongolia’s Bayan Khundii mine
It comes just 10 years post-discovery of high-grade surface minerals and 5 years after the feasibility study.
China’s coal and steel output drop after production controls
Coal output dropped year-on-year for a second consecutive month and steel for a fourth.
Seabridge Gold’s strong assays define Snip North in British Columbia
The results from an 18,000-metre program follow similarly high-grade intersections just over one month ago at Snip North.