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Mining News

Waste & RecyclingMetals & SteelPrecious MetalsMining
Newmont Says Barrick Intends to Propose Changes of Newmont By-Laws

Newmont Says Barrick Intends to Propose Changes of Newmont By-Laws

Barrick, already the world's largest gold miner, said on Friday it considered making an all-stock bid for Newmont, a deal that would create a monolith in the global gold sector.
New Report Questions Business Model of British Columbia Gold Mines

New Report Questions Business Model of British Columbia Gold Mines

Most of those companies in the region are publicly traded, and actually generate very little revenue.
Equinox Gold Greenstone Mine to Pour First Gold This Month

Equinox Gold Greenstone Mine to Pour First Gold This Month

Equinox Gold provided production guidance of 660,000-750,000 ounces of gold at cash costs of $1,340-$1,445 per ounce for 2024.
B2Gold Corp. Hints at Delayed Start of Goose Gold Mine Project

B2Gold Corp. Hints at Delayed Start of Goose Gold Mine Project

The gold production during the quarter totalled 225,716 ounces, which was very much in line with expectations.
Lundin Gold Announced Robust Start to the Year

Lundin Gold Announced Robust Start to the Year

Fruta del Norte generated in excess of $100 million cash from operating activities in the first quarter of 2024.
Nexus Raises Stake in Nevada’s Independence Gold Project

Nexus Raises Stake in Nevada’s Independence Gold Project

The move comes following AGEI’s failure to contribute to the Q1/24 cash call for ongoing project expenditures.
Nevada Gold Mines Celebrates Official Opening of Goldrush Mine

Nevada Gold Mines Celebrates Official Opening of Goldrush Mine

The 24-year underground mine is expected to provide 500 jobs during its construction and employment for 570 people once operational.
Barrick Foresees Steady Ramp Up in 2024 Gold Output

Barrick Foresees Steady Ramp Up in 2024 Gold Output

During the quarter, the company’s operations generated operating cash flow of $760 million.
Canadian Gold Cuts High Grades at Former Tartan mine, Manitoba

Canadian Gold Cuts High Grades at Former Tartan mine, Manitoba

The Tartan Lake gold mine was active from 1986 to 1989 when it was owned by Granges.
Alamos Gold’s Q1 Gold Output Exceeded Guidance

Alamos Gold’s Q1 Gold Output Exceeded Guidance

The quarterly revenue hit a new record of $277.6 million, higher by 10% from the year-ago quarter.
Equinox Acquires Full Ownership of Greenstone for $995M

Equinox Acquires Full Ownership of Greenstone for $995M

CEO Greg Smith echoed Beaty’s sentiments, pointing out the rarity of opportunities such as Greenstone within the industry.
Great Western Mining Exercises Option to Acquire Olympic Gold Project

Great Western Mining Exercises Option to Acquire Olympic Gold Project

Notably, new drilling at the OMCO Mine site identified an extension to the original productive vein.
Mark Zuckerberg Visits an Old Gold Mine Where Scientists Now Study Atomic Particles

Mark Zuckerberg Visits an Old Gold Mine Where Scientists Now Study Atomic Particles

He also spoke with another worker there who had toiled at the site years ago when it was still a gold mine.
Barrick Gold On Track to Meet 2024 Output Targets

Barrick Gold On Track to Meet 2024 Output Targets

Similarly, the dip in preliminary Q1 copper production was mainly attributed to lower grades mined at Lumwana.

Metal Futures

CME
Copper4.78$US/Lb
Gold2344.00$US/Oz
Silver28.495$US/Oz
Palladium966.00$US/Oz
SHFE
Aluminum20550.00CNY/Ton
Copper81920.00CNY/Ton
Lead18300.00CNY/Ton
Zinc23575.00CNY/Ton

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