US investor group taps Glencore in bid for Sherritt
The consortium is touting its proposal as an alternative to a deal that Sherritt has been negotiating with Gillon Capital.
Gold price holds jobs-shock gain, Barrick craters
Barrick sank as much as 9.7% after analysts judged its $1.95 billion Fourmile deal too cheap, while hedge funds turned their most bullish on gold in six months.
Gold holds above $4,300 as rate-cut bets build
Bullion extends last week’s 7% surge as weak US employment data, investor positioning and Chinese buying lend support.
Study gives White Gold nearly C$2B value for 9-year mine in Yukon
A preliminary economic assessment (PEA) for White Gold’s namesake site positions it among Yukon’s top undeveloped projects.
Reshoring minerals is a processing problem, not a mining one: lawyer
New mines won't break China's grip as Western refining, customer qualification, and revenue certainty lag, says Rebecca Seidl-Englesby.
Largo shares surge 15% as it adds copper, PGMs to Brazil mine
Move comes after Brazil mining authority cleared Largo to add copper and PGMs production at its flagship vanadium mine.
Argentina Los Azules copper project nears investment decision
McEwen Copper is advancing engineering and financing at its major project ahead of a construction decision.
US unveils $2bn boost for domestic mining initiatives
The US government has announced more than $2bn in new projects aimed at supporting the domestic mining industry, alongside over $180m in funding for strengthening mining-related workforce. The post US unveils $2bn boost for domestic mining initiatives appeared first on Mining Technology.
US DFC to fund Harena Rare Earths’ Madagascar mine
The US International Development Finance Corporation (DFC) is set to offer project development funding for Harena Rare Earths plc’s mine located in Madagascar. The post US DFC to fund Harena Rare Earths’ Madagascar mine appeared first on Mining Technology.
Barrick, Newmont settle dispute with $1.95B deal
Nevada settlement clears a hurdle for Barrick’s North American IPO as rising costs and leadership scrutiny weigh on the miner.
Golden Rapture agrees deal for land south of Canada’s Goliath project
Golden Rapture Mining has agreed to acquire complete interest in four mineral claim cells located about 500m south of the proposed Goliath Project open pit operated by NexGold Mining, approximately 20km east of Dryden, Ontario, Canada. The post Golden Rapture agrees deal for land south of Canada’s Goliath project appeared first on Mining Technology.
Resolution Copper awards $110m contracts for Arizona mine
Resolution Copper has selected Major Drilling America and Redpath USA Corporation for contracts totalling around $110m as part of efforts to develop its proposed underground copper mine in Arizona. The post Resolution Copper awards $110m contracts for Arizona mine appeared first on Mining Technology.