Barrick sells Tongon mine interests to Atlantic Group for up to $305M
The acquisition marks a major step for Atlantic as it deepens its investments in the mining industry within Côte d’Ivoire.
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B2Gold achieves commercial production at Goose mine
B2Gold is forecasting 80,000 to 110,000 oz. of gold production from its newest mine this year.
Tudor Gold sues British Columbia over Seabridge mine tunnel dispute
Tudor challenges the legality of a conditional mineral reserve connected to Seabridge’s KSM project.
Vale to buy back up to $3 billion in bonds
The buyback could help Vale save on debt costs.
Gold price soars to new high, with $4,000 in sight
Spot gold rallied as much as 1.6% for a new record of $3,949.71 per ounce.
Torex hits record as high-grade gold booked in Mexico
Extending ELG’s life would allow Torex to keep annual production above 450,000 gold equivalent oz. beyond 2030.
Copper price retreats despite Grasberg supply worries
Copper retreated after its biggest weekly gain in a year, as the dollar rallied amid political turmoil in Japan and France.
Congo to permanently ban cobalt exporters that breach quotas
Congo halted exports in February after cobalt prices hit a nine-year low.
All missing workers found dead at Freeport’s Grasberg mine
The last five miners were found Sunday, ending a weeks-long search after 800,000 tonnes of wet material hit the site.