Mining News

Artemis Gold Q3 Output Jumps 14% at Blackwater

Artemis Gold’s Blackwater Mine produced 69,546 ounces in the third quarter, up 14% year over year. Nine-month output has already surpassed the mine’s entire 2025 production as a major processing expansion approaches commissioning.

Centinela Copper Strike Talks Resume as Output Risk Grows

Antofagasta’s Centinela copper mine and two striking unions have returned to mediation after a week-long stoppage. Unions say truck activity has been cut roughly in half and warn November production could be hit if the dispute continues.

Fatal Avalanche Strikes Codelco’s El Teniente Mine in Chile, Killing Two Workers

Two subcontractor workers were killed after an avalanche struck the open-pit area of Codelco’s El Teniente copper mine in Chile. The affected pit remained suspended while underground mining and processing continued, adding another operational and safety setback for Chile’s copper industry.

Florence Copper launches first US copper mine in decades after resolving 10-year legal battle

Florence Copper has formally launched commercial operations in Arizona, becoming the first major new U.S. copper source from a greenfield project since 2008. The in-situ operation is already producing LME Grade A cathode and is ramping toward annual capacity of 85 million pounds.

Skouries Mine Wins EU Strategic Project Status

Eldorado Gold’s Skouries copper-gold mine in Greece has been designated an EU Strategic Project under the Critical Raw Materials Act, formally recognizing its role in Europe’s copper supply strategy as the mine moves toward commercial production.

Northern Discovery to Acquire Cibola Copper-Gold Project

Under the purchase terms, Northern Discovery will pay a total of $130,000 and issue 700,000 common shares in staged payments tied partly to drilling permits, while granting Orogen a 2% net smelter returns royalty reducible to 1.5% upon a future buy-down.

Grasberg Copper Mine Bounces Back to 67% Capacity Post-Disruption

Freeport-McMoRan says Grasberg mill throughput averaged approximately 140,000 metric tons per day in Q3 2026, equal to about 67% of normalized pre-incident rates. The company is targeting 80% capacity by mid-2027 and a return toward full production by year-end.

B2Gold Boosts Goose Mine Crushing Capacity, Targets 200,000 Oz Gold

B2Gold says its Goose Mine remains on track to produce 170,000–200,000 ounces of gold in 2026 after mobile crushing throughput exceeded 3,000 tpd. Fixed-plant upgrades are advancing toward mid-October commissioning, while a $51 million exploration program continues to identify high-grade opportunities across the Back River Gold District.

Kinross Gold Cuts 2026-2027 Production Outlook, Raises Cost Guidance

Kinross Gold cut its 2026 and 2027 production outlook to 1.84-1.86 million gold-equivalent ounces after weather and operational setbacks at La Coipa and Round Mountain. The miner also raised cost guidance while increasing its 2026 shareholder-return target.

World’s Largest Copper Mine Escondida Halts Operations After Fatal Accident

BHP suspended all operations at Chile’s Escondida copper mine after a worker was killed during maintenance. No restart timeline has been announced for the world’s largest copper mine, which had been expected to produce up to 1.28 million metric tons this year.

Capstone Copper to Sell Cozamin Mine to Luca Mining for Up to $385 Million

Capstone Copper has agreed to sell its Cozamin copper-silver-zinc-lead mine in Mexico to Luca Mining for up to $385 million, as the company reallocates capital toward larger copper growth projects in Chile and the United States.

Gold mine collapse in northeast Sudan kills at least 11

Deadly mine collapses in Sudan, a gold producing country, aren’t uncommon where safety standards aren’t widely applied.

BMO Foresees Robust Mining Investment Growth in Canada

BMO expects Canadian mining development capital expenditures to grow by more than 11% annually over the next two years, supported by critical-mineral demand, infrastructure investment and downstream processing. Mining companies covered by the bank could spend about C$350 billion in Canada over five years.

Eldorado Gold Reaches First Copper-Gold Concentrate Milestone at Skouries

Eldorado noted that the project currently has an ore stockpile exceeding 4.6 million tonnes above reserve grade.

Sibanye-Stillwater Greenlights Major Copper, Gold Mining Projects

Once fully operational, Mt Lyell is expected to produce up to 26,000 tonnes of copper, 16,000 ounces of gold and 116,000 ounces of silver annually over a projected 23-year mine life.

Talamore Wins Key Road Permit for Yukon Coffee Gold Project

The project hosts 2.96 million ounces of measured and indicated gold resources, with another 800,000 ounces in inferred resources.

US preps $1.1B loan for Ivanhoe’s Santa Cruz copper project

Ivanhoe Electric has inched towards receiving $1.1 billion in debt financing from the U.S. Export-Import Bank (EXIM) to develop its Santa Cruz copper project in Arizona. 

Mali Gold Output Beats Forecast With 30% Growth in H1 2026

Mali’s future production pipeline looks promising. Authorities recently approved a large-scale mining permit for B2Gold’s Menankoto project.

OceanaGold to Buy Ausgold for $553M in Australia Expansion

Under the proposed transaction, Ausgold shareholders will receive A$1.36 per share, representing a 27.7% premium to the company’s latest closing price.

Liberty Gold Advances Idaho Gold Project With Black Pine Drilling

The company has significantly expanded its 2026 drilling campaign from 40,000 metres to as much as 50,000 metres.

Barrick, Newmont Resolve Disputes and Expand Nevada Gold Mines JV

Under the revised agreement, Barrick will contribute its Fourmile project, while Newmont will add the Mike and Fiberline deposits to the joint venture.

Lundin Gold Q2 Profits Soar as Gold Prices Rise

Lundin Gold ended the quarter with $507 million in cash and cash equivalents. It generated $96 million in free cash flow and returned $293 million to shareholders through dividends during the quarter.

Canada Nickel's Crawford Mine Secures Federal Approval

The mine is projected to produce 1.6 million tonnes of nickel, along with significant volumes of iron, chrome, cobalt, palladium and platinum.

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.