Gold Royalty invests $31 million in Aura Minerals project in Brazil
Financing is composed of a $21 million net smelter return royalty over the Borborema project, and a $10 million gold-linked loan.
Latest Stories
Hudbay’s plan to boost Copper Mountain output comes at a cost
The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.
Young Chinese spurn traditional investments in favour of gold
The trend underscores heightening uncertainty about growth prospects in the world's second-largest economy.
Copper futures dragged down by China’s credit downgrade
Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns over debt levels in the world’s largest consumer.
Rio Tinto looking at synergies to reshape portfolio, not big M&A
"The last thing we need is very big M&A, because it's very disruptive and it takes you off course," CEO Jakob Stausholm said.
Piedmont Lithium gets another extension amid North Carolina mine permit review
The proposed mine, if built, would become one of North America's largest sources of lithium for electric vehicle batteries.
Rio Tinto brings forward Simandou iron ore production to 2025
Rio owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings and the government of Guinea.
Deadly attack spurs plea for Peru crackdown on unlicensed mines
The industry is laying part of the blame on temporary permits known in Peru as Reinfo, a registry that allows informal miners to operate with some legal protections while they formalize operations.
Fortune Minerals stock gains on government funds for NICO project
The funds will be used to support a mini-pilot to confirm certain process design criteria and improvements to the NICO project metallurgical processes in Canada's Northwest Territories. .