Endeavour Mining says fired CEO to lose $29.1 million in payThe gold mining company said Thursday in a statement that de Montessus will forfeit pay, stock awards and other benefits.Bloomberg News | January 18, 2024 | 12:23 pm
Imperial’s Mount Polley produced 30 million lb. copper in 2023, despite damaged millCopper production was at the low end of guidance, but…Staff Writer | January 18, 2024 | 11:24 am
Fortuna produces record AuEq ounces in 2023, but faces silver decline, higher costsSilver production, however, saw a 15% decline due to decreased…Staff Writer | January 18, 2024 | 9:03 am
B2Gold to buy Sabina Gold & Silver for $824 million Deal hands B2Gold the Back River Gold District property in Nunavut, Canada, which holds multiple high-potential mineralized zones. Cecilia Jamasmie | February 13, 2023 | 3:40 am
ArcelorMittal warns on steel demand as China seen flatlining Whether China will recover strongly after lifting tough coronavirus restrictions has been the key question for commodities markets. Bloomberg News | February 12, 2023 | 9:43 am
Teck fined over $11 million for failing to build water treatment facility in British Columbia The Ministry of Environment and Climate Change Strategy ordered Teck Coal to construct and operate facilities by December 2018. Staff Writer | February 10, 2023 | 3:15 pm
Gold ETFs register $1.6bn in outflows during January – report While the gold price witnessed its strongest January in a decade, gold ETF outflows in Europe and Asia dwarfed positive demand in North America. MINING.com Editor | February 10, 2023 | 9:35 am
Panama says negotiations with First Quantum making headway The main bone of contention centres on taxes and royalties the Canadian miner should pay to the government. Cecilia Jamasmie | February 10, 2023 | 6:31 am
Torex Gold to spend up to $440 million on Media Luna project The Mexican gold project was 15% complete by the end of 2022 and commercial production is anticipated in late 2024. Cecilia Jamasmie | February 10, 2023 | 3:56 am
Another year, another major merger (in the works) The merger between large-scale producers across the globe has become a consistent theme in the precious metals sector over the past few years. DBRS Morningstar Canada | February 9, 2023 | 1:52 pm
Canada to not permit sea floor mining without ‘rigorous’ regulations Any decision on whether to allow seabed mining needed to be "informed by science" and protect ecosystems while also weighing economic and social effects, according to the joint statement. Reuters | February 9, 2023 | 12:02 pm
Barrick’s gold reserves grow to 78 million oz. in 2022 Barrick’s profile as a copper producer is also growing. Staff Writer | February 9, 2023 | 11:03 am