Mining News

Centerra Gold Q2 Profit Rises, Oksut Output Guidance Raised

Copper production reached 13.1 million pounds during the quarter, and the company reaffirmed its full-year guidance of 50-60 million pounds.

Newmont Advances Lihir Expansion, Keeps 2026 Output Guidance

The company reported adjusted EBITDA of $3.8 billion and adjusted earnings of $2.10 per share. Gold all-in sustaining costs stood at $1,621 per ounce, below the company's full-year guidance.

Imperial Reports Production Update for Red Chris Mine 2026 Second Quarter

Red Chris metal production (100%) for the second quarter of 2026 was 17.924 million pounds copper and 14,591 ounces gold, compared to 23.479 million pounds copper and 22,624 ounces gold produced during the same quarter of 2025.

Grupo México Delivers 34% Higher Q2 Sales on Robust Copper Market

During the first half of 2026, copper production declined 3.2% to 515,675 tonnes, reflecting lower ore grades at the company's Peruvian operations.

NOVAGOLD to Create $4.2B Gold Company with Donlin Acquisition

The acquisition significantly strengthens NOVAGOLD's resource base by adding more than 16 million ounces of measured and indicated gold resources, including around 13 million ounces of proven and probable reserves.

Lundin Mining Reaffirms 2026 Output Forecast Amid Chile Weather Disruptions

At Candelaria, mining activities were disrupted by intense rainfall, although the processing plant has continued operating using existing ore stockpiles.

Caledonia Mining Reiterates 2026 Gold Output Guidance After Robust Q2

Although second-quarter production remained below the record level achieved during the same period last year, the company attributed the difference to its planned mining schedule and temporary limitations in accessing richer ore bodies during the first half of 2026.

Thor Maintains 2026 Gold Output Guidance After Strong Q2

Thor ended the quarter with $207.5 million in cash and an adjusted net cash position of $225.6 million, including unsold gold bullion, highlighting its strong financial position.

Ethiopia Clears $4B Zijin-Allied Gold Acquisition

The project has already obtained clearances from regulators in Canada, the United States, several African countries, and the Common Market for Eastern and Southern Africa (COMESA).

Lundin Gold Output Falls in Q2, 2026 Production Outlook Intact

Lundin Gold sold 110,385 ounces of gold during the quarter at an average realized price of US$4,359 per ounce.

U.S. Gold Corp CEO says financing pause won't delay gold mine opening

The CK Gold Mine is a proposed copper and gold mine to be built on land 20 miles west of Cheyenne in the Silver Crown Mining District, neighboring Curt Gowdy State Park.

BHP Wins Approval for $14.7B Escondida Copper Expansion

The expansion is part of the company’s broader strategy to significantly increase its global copper production to more than 2 million tonnes annually by the middle of the next decade.

Canada Backs Red Chris Mine Expansion With C$500M to Boost Copper Output

The expansion recently secured key regulatory approvals, allowing the mine to transition from its existing open-pit operation to an underground block cave mine.

Star Copper Announces Acquisition of Key B.C. Copper-Gold Projects

Under a definitive agreement with Eastfield Resources, Star Copper will obtain full ownership of the Zymo Copper-Gold Project and Eastfield's 95.3% interest in the Indata Copper-Gold-Molybdenum Project.

BHP submits plan to reopen Cerro Colorado copper mine for 20 years

This initiative aims to reopen Cerro Colorado and extend its presence in the Tarapacá Region for an additional 20 years.

Peru Invests More than US$2 Billion in Mining So Far for 2026

Currently, Peru is the third-largest copper producer worldwide and among the biggest gold producers.

Copper One launches AI-designed drill program

Copper One President and CEO David Greenway says the inaugural AI-assisted diamond drill hole is an important phase for the project.

Ocean Partners backs Alaska gold project

The company is also collecting additional environmental baseline data in preparation for state and federal permitting, which is slated to get underway next year.

Copper mine proposed on edge of Opal Creek Wilderness near Detroit

The project was originally proposed in the early 1990s and came close to reality before going dormant for three decades.

Newmont Obtains Regulatory Approval for Red Chris Mine Expansion

The Red Chris mine, located in British Columbia’s Golden Triangle, is operated by Newmont, which holds a majority stake, in partnership with Imperial Metals, which owns the remaining 30% interest.

Hudbay Advances Copper Growth Strategy with Copper Mountain Expansion

According to rough estimates, the expansion project will contribute more than C$11.5 billion to British Columbia’s GDP, in addition to supporting over 800 direct jobs.

Fortuna Advances Diamba Sud Gold Mine with Key Environmental Nod

The company described the approval as a decisive step in the permitting process and an important advancement toward the project's development.

Argentina approves $9.7 billion Vicuna copper mine project

Total investment in the project could reach $18 billion, Caputo said. The mine is projected to generate exports of more than $2.6 billion annually.

Yerington copper mine, Lyon County's largest underground site, to reopen

Kinterra Capital acquired the mine site and infrastructure in October 2024 for $128 million.

Opinion: Resolution Copper mine is a critical investment in Arizona

This project represents one of the largest private investments in rural Arizona’s history.