Barrick sells Chile gold project to Boroo for $50M
The Singapore unit of Boroo will also pay a 0.5% net smelter return royalty on gold and silver until 2 million ounces are produced.
Latest Stories
ASX slams Greatland over post-listing gold output downgrade
The miner sparked scrutiny after slashing gold output targets and tripling capital spending just one month after its ASX debut.
Codelco collapse was likely caused by mining rather than nature
The probable scenario being used inside Codelco is that the incident was caused by geological stresses resulting from the project’s own extraction processes.
Fortescue secures yuan loan worth $2 billion for green energy plans
The mining giant said at the end of July that it was scaling back and would scrap its green hydrogen projects locally and in the United States.
US slaps tariffs on 1-kg, 100-oz gold bars: Financial Times
Switzerland, as the world’s top gold refiner, shipped about $61.5 billion worth of gold to the US in the year to June.
Century Aluminum to invest $50M in Mt. Holly smelter restart in South Carolina
The company plans to restart over 50,000 metric tons of idled production by end of June 2026.
BHP, Vale offer $1.4 billion settlement in UK lawsuit over Brazil dam disaster, FT reports
The offer was reportedly made during a June meeting in New York with Pogust Goodhead, the British law firm representing the claimants.
Desert Gold dodges Mali risk with low-cost project
The open-pit SMSZ project would cost $15 million to start mining part of the resource.
Minera Alamos buys Equinox’s Nevada assets for $115M
In addition to the producing Pan mine, the company will also be acquiring the Gold Rock and Illipah projects.
