With more than 15,000 mining and processing facilities worldwide, producing 47 different primary commodities, the global mining sector resembles a giant industrial Christmas tree. As the industry winds down for the year and the holiday season settles in, Mining.com.au is unwrapping a 12-day feature series exploring the forces shaping the sector. Much like the classic […]
ABC Bullion is seeing record levels of activity across 2025, with the gold price spiking above $6,500 an ounce in mid-October, and surging demand accompanying it being a highlight. The independent bullion dealer says market-leading growth has put the precious metals on the map as the preferred asset class for investors globally. According to ABC […]
South Harz Potash (ASX:SHP) has entered an option heads of agreement to acquire the Glava Copper-Gold-Silver Project in southwestern Sweden, from McKnight Resources. Under this agreement, South Harz will secure an exclusive option over the Glava 100 permit, ending either 30 days after its completed work program or 31 March 2026. South Harz will pay […]
The Canadian miner's report strengthens the case to restart the former silver, lead, and zinc operation.
Iltani Resources (ASX:ILT) is conducting a surface electromagnetic (EM) survey at the Orient Silver-Indium Project in North Queensland, targeting deeper anomalies generated by an airborne versatile time-domain EM survey. This survey program enables the anomaly modelling to be completed with a greater level of accuracy. As a result, Iltani will be able to better target […]
Horizon Minerals (ASX:HRZ) CEO Grant Haywood says the Phillips Find Project in Western Australia, is aiming to generate “strong” cashflows from the increased tonnages being mined and processed. Three processing campaigns of Phillips Find ore have been completed at FMR Investments’ Greenfields Mill, totalling 98,945 tonnes at 1.65 grams per tonne gold for 4,954 ounces […]
TSX- and NYSE America-listed Americas Gold and Silver on Thursday announced the acquisition of Crescent Silver, owner of the Crescent mine in Idaho’s Silver Valley, for a total of $65-million. The deal includes $20-million in cash and about 11.1-million Americas shares, valued at $45-million based on a price of $4 a share. The company also announced a $65-million bought-deal financing led by Canaccord Genuity and BMO Capital Markets to fund the purchase and initial capital investments.
The significant leverage of Sibanye-Stillwater to precious metals prices is clearly illustrated by the skyrocketing of its South African gold and platinum group metals (PGMs) earnings in the three months to September 30. The third-quarter earnings before interest, taxes, depreciation and amortisation (Ebitda) of the local PGM operations of this Johannesburg- and New York-listed mining major rose by 213% to R5-billion and the third-quarter Ebitda of South Africa gold operations were a 177%-higher R3.7-billion year-on-year.
Bristow’s exit sparks speculation of asset sales and potential breakup, as analysts ponder future moves for Barrick.
This community – where less than 1,000 people live – once hosted one of the three great silver rushes of the Americas.