Hudbay Minerals closes $402.5 million upsized public offering

The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.

Staff Writer | May 24, 2024 | 9:03 am

Vale hires Russell Reynolds to advise on CEO selection

Vale intends to announce a new CEO by December 3.

Reuters | May 24, 2024 | 8:41 am

Newmont reopens Argentina’s Cerro negro gold mine

The gold mine, located in the southern Argentinian province of…

Staff Writer | May 24, 2024 | 5:33 am

Nornickel plans to build PGMs refinery in Bahrain

Nornickel is the world's largest producer of palladium and a…

Reuters | May 23, 2024 | 3:12 pm

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some…

Bloomberg News | May 23, 2024 | 12:16 pm

UK fraud watchdog must pay damages to ENRC, court rules

ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to act against its interests.

Reuters | December 21, 2023 | 8:31 am

Agnico Eagle invests in Finland-focused FireFox Gold

The $1.4 million private placement gives Agnico a 10.9% holding in FireFox.

Staff Writer | December 21, 2023 | 4:30 am

First Quantum committed to Panama amid mine dispute, CEO says

First Quantum received an initial “framework” from Panamanian authorities on Tuesday for closing the mine by June 2024.

Bloomberg News | December 20, 2023 | 2:12 pm

Codelco gets double downgrade at S&P as copper slump swells debt

Codelco’s production levels are at the lowest in a quarter century.

Bloomberg News | December 20, 2023 | 12:33 pm

Seabridge expands Iskut’s Bronson Slope gold deposit with 6.36 g/t in best hole

Establishing the orientation of the mineralized zones is still in progress.

Staff Writer | December 20, 2023 | 10:38 am

Reunion Gold settles claim brought by Barrick over alliance termination

Reunion's main focus remains on exploring and developing its 100%-owned Oko West project in north-central Guyana.

Staff Writer | December 20, 2023 | 9:27 am

Antofagasta goes ahead with $4.4 billion Centinela expansion

The second concentrator will add 170,000 tonnes of copper-equivalent a year to the miner's overall production.

Cecilia Jamasmie | December 20, 2023 | 6:05 am

Nippon Steel’s wily president key to battle over US Steel

Nippon Steel’s stock has climbed 58% since Eiji Hashimoto took the helm in April 2019.

Bloomberg News | December 19, 2023 | 5:15 pm

AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat

AngloGold is paying C$22.5 million for 11.7% of G2.

Colin McClelland | December 19, 2023 | 2:39 pm

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