Barrick CEO sees few good deals despite mining’s M&A revival
"The problem is that, in the gold industry, most of the tier one assets remaining are embedded in bad assets. And you can’t unlock them,” Bristow says.
Latest Stories
How a mining standoff in Saskatchewan can be a boon to both reconciliation and the economy
Mining has become one of Canada’s frontlines in terms of reconciliation.
Alamos Gold updates feasibility of gold production from former Lynn Lake mine
The 2023 feasibility study predicts an average annual gold production of 207,000 oz. in each of the first five years and 176,000 oz. per year over the initial 10 years of operation.
Silver Lake hits ‘reset button’ at Sugar Zone gold mine in Ontario
The company says it plans to reset mining practices and upgrade the site logistics network.
Lithium deals cast doubt on Australia’s onshore refining dream
Australia’s government has ambitions to help break China’s stranglehold on the battery supply chain.
An inconvenient truth… there’s not enough critical metals to reach net zero
Data from the US Geological Survey suggests global copper reserves will fall short by 80%, global nickel reserves by 90%, and cobalt by around 96%.
Mali adopts new mining code that boosts state interests
A draft of the code proposed changes that could boost state and private Malian interests in new projects to 35%, from up a current 20%.
Peru copper output grows in first half of 2023, up 22% in June
Copper output was hit earlier this year after nationwide protests, but mining conglomerate Grupo Mexico has been upbeat.
Lithium Chile reports NPV of $1.1 billion for Arizaro project in Argentina
The Arizaro project is currently undergoing the second phase of its development, with the goal of establishing a measured resource.
