Mining News
SSR Mining added that it is also reviewing its remaining assets in Turkey, including its 20% earned interest in the Hod Maden Project development project.
Divesting Casa Berardi is central to Hecla’s strategic repositioning, as the company seeks to optimize its asset portfolio.
Analyst Jeremy Hoy estimates the company’s combined production, including mines in California and Nicaragua, could reach 800,000 ounces this year.
Argentine Economic Minister Luis Caputo confirmed the arrangement, highlighting its economic significance.
Peru’s high commissioner for the fight against illegal mining, Rodolfo García Esquerre, acknowledged as much during a television interview in early February.
Under the agreement, Barrick has 30 days to remedy the issue or initiate corrective action, failing which the dispute could proceed to a Nevada court.
More than 16,000 acres of wildlands would be destroyed, including habitat for hundreds of migratory birds and a diverse array of other species, some of them endangered.
Kinross returned $752.4 million to shareholders in 2025, including $600.3 million in share repurchases and a 17% dividend increase.
The renewal follows negotiations tied to Mali’s 2023 mining code, which introduced higher royalties and expanded state participation in mining ventures.
Majestic stated it will provide updates as more information becomes available regarding restart timelines.
The open-pit operation now becomes Heliostar’s second producing asset, alongside its La Colorada mine in Sonora.
Under U.K. rules, Rio can’t pursue Glencore for at least six months, except in specific circumstances, such as a rival suitor emerging.
The test data underlying the historical exploration summary has not been verified by a qualified person.
Upon closing, Eldorado and Foran shareholders will own roughly 76% and 24% of the combined entity, respectively.
More than 600 union members at the mine downed tools on January 2 after collective bargaining failed to reach an agreement.
The transaction will be completed through a reverse triangular merger, with GRC becoming a wholly owned subsidiary of Goldgroup.
The company expects to enter a structured schedule coordination phase with relevant federal and state agencies within the next 60 days.
All-in sustaining costs (AISC) are guided at $1,750 to $1,850 per ounce of gold equivalent sold, modestly higher year-on-year.
For the first quarter of 2026, mill feed will primarily come from the high-grade 4447 zone in South Austin, with expected average grades exceeding 6 grams per tonne gold.
Equally, BHP may decide it is better to do nothing, some analysts say.
The B.C. Environmental Assessment Office (EAO) confirmed the decision after completing a nine-month assessment of the mine owner’s application to operate at a higher production rate.
Lower sales across all three production centres are expected to pressure costs.
Early-stage works are underway, including staff housing, power connections and road access, as preparations intensify for full construction.
The agreement carries a seven-year term, requiring annual lease payments of US$25,000 and a minimum of US$1 million in exploration and development spending during the first three years.
The company began trading on the TSX Venture Exchange on December 2.