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Barrick Faces Contractor Layoffs in Mali as it Plans Name Change

Barrick Faces Contractor Layoffs in Mali as it Plans Name Change

The move reflects Barrick’s ongoing expansion into copper, complementing its gold business.
Bill Gates, Bezos Backed U.S. Mining Company Expands into DR Congo

Bill Gates, Bezos Backed U.S. Mining Company Expands into DR Congo

Western investors' renewed interest could help counterbalance China's dominance in DR Congo's mining sector.
Barrick Gold to Sell Stake in Donlin Gold Project

Barrick Gold to Sell Stake in Donlin Gold Project

Barrick will use proceeds from the sale to further strengthen its balance sheet.
AngloGold Ashanti Expands Investment in Egypt with New Gold Exploration Deal

AngloGold Ashanti Expands Investment in Egypt with New Gold Exploration Deal

According to Badawi, developing agreement systems in line with global standards is a key pillar of the Ministry’s work strategy.
Aris Mining Gold Production Surged 8% in Q1 2025

Aris Mining Gold Production Surged 8% in Q1 2025

The robust production during the quarter reflects strong positive operational momentum heading into the year.
Dundee Precious Metals Announced Q1 2025 Production Results

Dundee Precious Metals Announced Q1 2025 Production Results

The Ada Tepe mine produced approximately 12,500 ounces of gold in the first quarter, in line with expectations.
Barrick Gold Targets to Achieve 30% Production Growth by 2030

Barrick Gold Targets to Achieve 30% Production Growth by 2030

The company improved its financial performance, despite higher costs.
Six People Dead After Alleged Dynamite Attack in Bolivia Gold-Mining Clash

Six People Dead After Alleged Dynamite Attack in Bolivia Gold-Mining Clash

The informal nature of the work has also led to deadly clashes, both over access to mining sites and the markets in which to sell the metals and raise investments.
Robex Remains On Track for First Gold Delivery From Kiniero Project

Robex Remains On Track for First Gold Delivery From Kiniero Project

The primary crusher ROM wall is also complete, with backfilling of the ROM pad currently in progress.
Equinox Gold Ceased Production at Los Filos Mine

Equinox Gold Ceased Production at Los Filos Mine

Equinox Gold has been engaged in collaborative negotiations with all the three local communities since November 2023.
i-80 Gold Declared Q4 and Full Year 2024 Results

i-80 Gold Declared Q4 and Full Year 2024 Results

The annual gold sales stood at 21,527 ounces at an average realized gold price of $2,332 per ounce.
Cadia Goldmine Operators Fined $350,000 for Breaches of NSW Clean-Air Laws

Cadia Goldmine Operators Fined $350,000 for Breaches of NSW Clean-Air Laws

Newmont acquired the previous owner, Newcrest, in November 2023.
Aura Minerals Successfully Starts Ramp-Up at Borborema

Aura Minerals Successfully Starts Ramp-Up at Borborema

Aura envisions Borborema to be a strong economic driver and a testament to its strategic growth in Brazil's mining landscape.
Allied Gold Posted Record Output in Q4 2024

Allied Gold Posted Record Output in Q4 2024

Allied Gold reported Q4 net loss of $10.3 million or $(0.03) per share and adjusted earnings of $9.5 million or $0.03 per share.
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Scrap Metal Prices

Copper Scrap
Alternator0.39$US/Lb
#1 Copper Bare Bright4.10$US/Lb
Aluminum Scrap
356 Aluminum Wheels (Clean)0.80$US/Lb
6061 Extrusions0.70$US/Lb
Steel Scrap
#1 Bundle370.00$US/MT
#1 Busheling390.00$US/MT
Electronics Scrap

April 25, 2025: Scrap Gold, Silver and Platinum Prices Jumped on the Index

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