Colombia Pushes Glencore on Cerrejón Closure Plans
Colombia’s government is urging Glencore to start planning a post‑coal future for the Cerrejón mine, whose concession runs until 2034. Production fell to 16.8 million tonnes in 2025, supporting more than 12,000 jobs and generating about $166 million in annual royalties. Officials warn that waiting until the final years could trigger severe economic and social disruption in the La Guajira region. A consultancy‑backed “managed transition compact” proposes financing, retraining and infrastructure reuse to align the closure with President Petro’s renewable‑energy agenda.
Sigma Lithium Fights Brazil Ruling After Shares Slide
Sigma Lithium (Nasdaq: SGML) is appealing a Brazilian court ruling that could impose a $10 million penalty over alleged waste‑disposal violations at its Grota do Cirilo mine. The decision sparked a 15% slide in the stock, pushing the share price to...
Titan, Teck Seek Germanium From Zinc Tailings
Titan Mining (NYSE: TII) and Teck Resources (NYSE: TECK) have signed a cooperation agreement to extract up to 13,000 kg of germanium per year from Titan’s Empire State zinc mine in New York. At current market prices of $5,800‑$8,600 per kilogram, the...
Elemental Royalty to Buy Vizsla Royalties for $327M
Elemental Royalty is acquiring Vizsla Royalties for CAD$327 million (≈US$239 million), a 31% premium, to secure a 2‑3.5% uncapped net smelter return royalty on Vizsla Silver’s Panuco silver‑gold project in Mexico. The deal offers shareholders cash up to CAD$82 million (≈US$60 million) or Elemental...
NGEx Hits 208g Gold at Lunahuasi Project in Argentina
NGEx Minerals announced ultra‑high‑grade gold assays from its Lunahuasi copper‑gold‑silver project in Argentina, highlighted by a 17.3‑metre intercept grading 207.79 g/t gold, 2.02% copper and 16.2 g/t silver. The results, part of a 27,318‑metre Phase 4 drill program, also included multiple high‑grade veins...
Rare Earths Get Bulk of Trump’s ‘Uneven’ $18.6B Funding Despite Small Role
The Trump administration has allocated roughly $18.6 billion to critical‑mineral projects, with the vast majority directed toward rare‑earth supply chains. Funding includes about $15.9 billion in loans, $2.1 billion in equity and $615 million in grants across 60 deals, driven by the One Big...
Galiano Assays Expand Asanko Gold Mine in Ghana
Vancouver‑based Galiano Gold announced new assay results from its Asanko mine that extend the Abore underground deposit well beyond the current resource. Notable intercepts include 53 m at 3.9 g/t Au from 179 m depth and a high‑grade 6 m at 8.4 g/t Au from...
Ontario Spotlight: Four Explorers Worth a Look – Part 2
Ontario remains a global mining powerhouse, and four junior explorers are positioning themselves for rapid growth. Kirkland Lake Discoveries expanded its 400‑sq‑km portfolio with high‑grade copper‑zinc‑gold intersections at KL West and the newly acquired Mirado project. Onyx Gold is executing...
Darlington SMR Renews Canada’s Nuclear Maturity
Ontario Power Generation has broken ground on the first of four 300‑MW GE Hitachi BWRX‑300 small modular reactors at the Darlington site, targeting commercial operation by the end of the decade. The 1,200‑MW complex, funded by roughly $3.97 billion in federal...
Focus Graphite in Quebec Boasts World’s Fifth-Largest Resource
Focus Graphite announced an updated resource estimate for its Lac Tetepisca project in central Quebec, now containing 14.7 million tonnes of graphite—an 86% increase that ranks the deposit fifth worldwide. The ore grades 10.2% graphitic carbon, far above the 3‑5% typical...
Freeport Delays Grasberg Full Restart to Early 2028
Freeport‑McMoRan announced that the full restart of Indonesia’s Grasberg mine is now slated for early 2028, pushing back the original end‑2027 target. The company expects copper output this year to fall to about 700,000 lb, well below the previously forecast 1 billion lb....
San Lorenzo Hits All-Time High on Chile Gold Assays
San Lorenzo Gold announced breakthrough assay results from its Arco de Oro drill program at the Salvadora project in Chile, highlighting intervals of more than 1 g/t gold over 100 m, including a 13 m section grading 2.21 g/t Au. The data suggest the...
Buenaventura Eyes 16-Year Boost for New Peru Mine
Buenaventura is evaluating a 16‑year life extension for its San Gabriel gold mine in southern Peru after exploration indicated substantial resource growth beyond the current 1.8 million‑ounce reserve base. The underground operation, which produced its first gold bar in December, is on...
Ontario Spotlight: Four Explorers Worth a Look – Part 1
Ontario remains a global mining hub, and four junior explorers are positioning themselves for growth. BTU Metals is executing an 8,000‑metre drill campaign at the Dixie Halo gold‑copper project with Kinross Gold taking a 70% earn‑in stake. Clean Air Metals is...
Australian State Vote May Allow Uranium Mining for First Time in 40 Years
New South Wales passed the Uranium Mining and Nuclear Facilities (Prohibitions) Repeal Bill, overturning the 1986 ban on uranium extraction and nuclear facilities. The measure now moves to the lower house for final approval, positioning NSW alongside South Australia and...
B2Gold Beats Output, Cost Expectations
B2Gold reported first‑quarter gold output of 237,763 ounces, driven by a 25% production jump at its flagship Fekola mine in Mali and strong early results from the newly‑commercial Goose mine in Canada. Net income reached US$205.5 million, with adjusted earnings of...
Drilling 17g Shines Westhaven Gold’s Shovelnose Crown
Westhaven Gold reported high‑grade drilling results from its Shovelnose South Zone, including a 23‑metre interval with 17 g/t gold and 111 g/t silver. The data supports a 35,000‑metre resource update ahead of a prefeasibility study slated for the second half of 2027....
Gold M&A: Denarius Scraps Emerita Takeover in Spain
Denarius Metals withdrew its all‑share offer for Spain‑focused Emerita Resources after the target declined to engage in substantive talks. The revised bid, announced on April 21, valued Emerita at roughly $134 million—a 73% premium to its April 10 price. The deal fell apart...
Gold Fields Flags Oil Shock as Mining Costs Climb
Gold Fields reaffirmed its 2026 production target of 2.4‑2.6 million ounces but warned that soaring energy costs tied to the Iran conflict are eroding margins. Diesel has risen 30‑70% and LNG 30%, which could add $40‑50 per ounce to the company’s...
Rio Tinto Boss Pushes Cost Cuts with Jobs in Focus
Rio Tinto CEO Simon Trott reaffirmed a push for billions of dollars in cost reductions, asset sales and productivity gains, aiming to unlock $5‑$10 billion from the company’s portfolio. Since taking the helm in August, the miner has already delivered $650 million...
Lundin Reports Bonanza Intercepts at Fruta Del Norte
Lundin Gold announced two record‑grade drill intercepts at its Fruta del Norte mine in Ecuador, including a 7.5‑metre section grading 667.78 g/t Au and an 8‑metre section at 523.01 g/t Au. The results underpin a broader resource upgrade effort aimed at extending...
BHP Loses Bid to Appeal Brazil Dam Disaster Ruling
BHP cannot appeal the UK Court of Appeal decision that upheld its liability for the 2015 Fundão dam collapse in Brazil, confirming the High Court’s earlier ruling. The court said BHP had no realistic prospect of success on appeal. BHP...
CIM Connect: Teck Chief Pushes Permits, Power Lines as Canada’s Mining Bottlenecks
Teck Resources CEO Jonathan Price warned that Canada could miss the next wave of critical‑minerals investment unless permitting timelines are shortened, shared power‑line infrastructure is built, and strategic‑metals projects receive public‑private backing. He highlighted the contrast between fast‑moving data‑center demand...
Pakistan Separatists Unravel Barrick’s Reko Diq Plans
Militant attacks by the Baloch Liberation Army in Pakistan's Balochistan province have forced Barrick Gold to delay its Reko Diq copper‑gold project until mid‑2027. The $9 billion capex mine is a cornerstone of a $1.3 billion U.S.–Pakistan pact aimed at reducing Chinese dominance...
Newmont-Backed Awalé Drills New Gold Zone at Odienné
Awalé Resources, backed by Newmont, announced a new near‑surface gold zone at its Fremen target in the Odienné project, Côte d’Ivoire. Highlight hole SSAC‑08 intersected 17 m grading 1.9 g/t Au from 6 m depth, while SSAC‑07 returned 12 m at 2.1 g/t Au from...
G2 Drills Oko to 1 Km Depth Amid $3B Takeover
G2 Goldfields announced that its deepest drill hole at the Oko project in Guyana, GDD277B, intersected 84.5 metres grading 3 g/t gold from 916 m depth, extending mineralization to a full kilometre underground. The results, along with high‑grade intercepts from other holes,...
Uranium Spotlight: Four Companies Worth a Look – Part 2
Rising demand for nuclear power is driving renewed focus on uranium assets in Canada’s Athabasca Basin. Four junior explorers – IsoEnergy, Purepoint Uranium, Skyharbour Resources and Standard Uranium – are each advancing sizable drill campaigns, joint‑venture partnerships and land‑package expansions....
Forrest Said to Sell Wyloo’s Yangibana Rare Earths Stake in Pivot to Nickel
Australian mining magnate Andrew Forrest is putting Wyloo Metals' 60% stake in the Yangibana rare‑earths project up for sale, with bids due by end‑May. The Western Australian deposit, which has already seen about $132 million (A$200 million) spent on infrastructure, still needs...
Treasure Hunt: Val-D’Or – Gold, Grit and the Road to the North
Val‑d’Or in Quebec’s Abitibi region grew from a handful of 1930s prospectors into one of Canada’s premier hard‑rock gold districts. Early claims by Jean‑Jacques “Jack” Sullivan led to the Sullivan Consolidated, Lamaque and Sigma mines, prompting rapid town development. By...
Getchell Nears 1M Oz Indicated Gold in Nevada as Dispute Lingers over Claims
Getchell Gold raised its Nevada Fondaway Canyon indicated resource to 22.1 million tonnes, delivering 999,000 oz of gold—up 54% in tonnage versus the 2024 estimate. Inferred resources also grew to 45.6 million tonnes for 1.81 million oz. The company plans a preliminary economic assessment by...
South32 Shocks Market with Arizona Cost Blowout
South32 announced that first‑stage capital costs for the Taylor deposit at its Hermosa zinc‑silver project have jumped more than 50% to $3.3 billion, up from the $2.2 billion forecast in the 2024 feasibility study. The cost surge, driven by contractor under‑performance, inflation,...
Canada Positioned for $200B Clean Energy Boom, but Faster Approvals Needed: Report
Canada could capture roughly $146 billion USD in clean‑energy investments over the next decade, according to a Canadian Renewable Energy Association (CanREA) report. The analysis projects a need for 54‑88 GW of new wind, solar and storage capacity—more than triple current levels—requiring...
RCMP Charges Gold Explorer Ex-CEO with Alleged Mini-Bre-X Fraud Concerning Assays
Canadian authorities have charged former RPX Gold CEO Quentin Yarie with fraud and forgery after allegedly altering 532 assay results, inflating the Wawa project’s gold resource by 62,000‑87,000 ounces. The manipulation, spanning 2015‑2024, boosted the company’s reported resources by about...
Metals Australia Eyes $1.3B Quebec Graphite Refinery
Metals Australia announced a preliminary economic assessment for a battery‑grade graphite refinery in Quebec, estimating a US$884 million capital outlay (C$1.26 billion) that includes a US$179 million contingency. The three‑module plant would process 75,000 tonnes of flake graphite concentrate per year, yielding about 51,000 tonnes...
Nevada King Gold Doubles Drilling at Atlanta Project
Nevada King Gold announced a 40,000‑metre drilling program at its Atlanta project, doubling the 2026 effort to aggressively test district‑scale targets. New assay results from the Silver Park East zone returned 0.3‑0.37 g Au/t over intervals up to 40 metres, expanding the known mineralized...
Alphamin Posts Record Tin Profit, Boosts Dividend
Alphamin Resources reported a record quarterly EBITDA of $158 million, a 46% increase from the prior period, as tin prices stayed strong and production rose to 5,026 tonnes. The company lifted its final 2025 dividend to 13 CAD cents per share and added...
Kodiak, Teck to Create Arizona Copper Explorer
Kodiak Copper and Teck Resources are launching Kay Copper, a new listed explorer, to develop the early‑stage Mohave and Copper Hill projects in Arizona. Kay Copper will raise roughly $2.96 million USD via $0.25 subscription receipts and about $614,000 USD through...
Maple Gold Mines Surges on Quebec Resource Boost
Maple Gold Mines (TSXV:MGM) announced a major resource upgrade for its Douay and Joutel projects in Quebec’s Abitibi region, adding 394,000 ounces to indicated resources and 1.77 million ounces to inferred resources—a 77% and 70% increase respectively. The Douay pit now...
Gold-Copper Explorer Meridian Plans London Listing
Meridian Mining, a TSX‑listed gold‑copper explorer, announced a dual listing on the London Stock Exchange with shares to trade under ticker MNO starting Friday. The offering includes a £25 million (≈$33.8 million) institutional placement and a £2.5 million retail tranche, boosting total cash...
New Found Gold Expands High-Grade Dropkick Zone
New Found Gold announced that its 2025 drilling at the Dropkick zone of the Queensway project has expanded the high‑grade gold system to a 1.4 km strike length and to a depth of 300 m. The campaign delivered standout intercepts, including 24.8 g/t...
AME: BC Paralysis on DRIPA Hurting Mining Future
British Columbia Premier David Eby announced that the province will not introduce amendments to the Declaration on the Rights of Indigenous Peoples Act (DRIPA) this spring, prompting criticism from the Association for Mineral Exploration (AME). A recent court ruling found...
Hochschild Rallies as Gold Price Surge Lifts Outlook
Hochschild Mining posted a strong first‑quarter, producing 75,600 gold‑equivalent ounces, ahead of the 69,200‑ounce consensus. Realized gold prices jumped 40% to $4,471 per ounce, lifting cash and equivalents to about $412 million and turning net cash positive at $95 million versus $23 million...
Denarius Boosts Emerita Bid After CEO, Chairman Quit
Denarius Metals raised its unsolicited all‑share offer for Emerita Resources to 45 ¢ per share, a 73% premium that values the Spanish miner at roughly C$133.5 million (about $97 million). The bid comes hours after Emerita’s CEO and chairman resigned amid Ontario Securities...
Argentina Lithium Gets $100M to Advance Rincon West
Argentina Lithium & Energy Corp. secured US$100 million from Chinese partner Xi’an Lanshen to advance the Rincon West brine project in Salta. The funding is staged: pilot‑scale direct lithium extraction for pre‑feasibility, engineering and permitting, then construction of a commercial plant....
Rio Tinto Copper Surge Offsets Iron Ore Disruption
Rio Tinto reported a 9% year‑over‑year rise in first‑quarter copper output to 229,000 tonnes, driven by the Oyu Tolgoi underground ramp‑up in Mongolia. The gain offset a 13% increase in Pilbara iron‑ore production that was marred by cyclone‑related shipment delays. Ongoing...
La Mancha’s $50M Greenheart Gold Deal Deepens Guiana Shield Exposure
La Mancha Resource Capital has invested $37 million to acquire a 19.9% stake in Suriname‑focused Greenheart Gold, becoming its largest single shareholder. The deal follows a $313 million purchase that lifted La Mancha’s holding in G Mining to the same 19.9% level, expanding...
Chinalco Bets $1.7B on Peru Mine Turnaround
Aluminum Corp. of China (Chinalco) is committing roughly $1.7 billion to overhaul the Toromocho copper mine in Peru, adding a dedicated molybdenum recovery circuit and expanding processing capacity. The core $1.35 billion expansion will lift daily mill throughput from 117,000 to about...
BC Exploration Spending Sets Record on Copper Appetite
British Columbia’s mineral exploration spending surged to $548 million in 2025, a 36% jump from the prior year, driven by a copper boom. Copper projects alone attracted $384 million, overtaking gold as the province’s top target. Junior miners led the rebound, allocating...
Uranium Royalty to Buy Sweetwater in $1.1B Deal
Canada‑based Uranium Royalty announced a $1.1 billion acquisition of Sweetwater Royalties, a private royalty platform that owns the world’s largest trona deposit and extensive mineral rights across the western United States. The transaction, valued at $1.9 billion including debt, will create a...
Wolfden’s Zinc-Silver Resource May Revive Bathurst Camp
Wolfden Resources announced an initial resource estimate for its Canoe Landing deposit on the Tetagouche property in New Brunswick’s Bathurst Mining Camp. The estimate includes 3.69 million indicated tonnes grading 0.71% zinc and 32.9 g/t silver, plus 17.1 million inferred tonnes with 1.83%...