Index

French mining group Eramet reported a sharp decline in first-half results on Wednesday and warned that macroeconomic conditions should remain difficult for the rest of the year, prompting a downward revision to its 2025 production targets.

McEwen Mining Inc. (NYSE: MUX, TSX: MUX) has announced it will acquire Canadian Gold Corp. in a transaction valued at approximately $53 million, marking a significant step in McEwen’s efforts to expand its resource base and strengthen its position in the Canadian mining sector.

Burgundy Diamond Mines (ASX: BDM), has halted open pit operations at Point Lake within its Ekati diamond mine in Canada’s Northwest Territories, resulting in the layoff of hundreds of workers and contractors.

Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) says it has filed a motion in Alaska’s federal district court seeking a summary judgment briefing schedule with respect to its pending litigation over the veto of its flagship mine project during the Biden Administration.

Shares of Excellon Resources Inc. (TSX: EXN) soared to a two-year high on Tuesday following the announcement of a strategic acquisition in Peru, a move that significantly bolsters the company's footprint in Latin America’s resource-rich mining sector.

US President Donald Trump’s promised 50% copper tariffs are set to include all refined metal, indicating the president’s far-reaching efforts to bolster American production of one of the world’s most ubiquitous materials.

China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions.

Australian miner South32 (NYSE: SOUHY, ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million.

Roadblocks by informal miners are disrupting transport of copper from some mines in Peru, including those owned by MMG Ltd. and Hudbay Minerals Inc., said people briefed on the matter.

Jakarta – Indonesia has offered the United States the chance to jointly invest in a critical minerals project as part of its tariff negotiations with Washington, its senior economic minister said on Monday

Magna Mining (TSXV: NICU) has been awarded C$500,000 by the Ontario government for the company’s brownfield Crean Hill nickel-copper-platinum group metals project. The award is part of the Critical Minerals Innovation Fund launched by the province in 2022.

Analysts at Bank of America see gold prices reaching $4,000 an ounce — an 18% jump above current levels — within the next year due to a ballooning US fiscal debt.