Mining News
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.