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BHP Partners With BYD's FinDreams For Mine Electrification
Monday, July 14, 2025 - 4:00pm | 530A leading global miner, BHP (NYSE:BHP), has signed a Memorandum of Understanding (MoU) with FinDreams Battery Co., a subsidiary of the Chinese EV and battery manufacturer BYD Group (OTCPK: BYDDF). The partnership, announced today, will help the electrification of BHP's operations. The two parties...
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Global Copper Output to Grow 2.9% Annually Through 2034
Sunday, July 13, 2025 - 2:00pm | 642Global copper production is projected to grow at an average annual rate of 2.9% over the next decade. The latest forecast from BMI (Fitch Solutions) expects the rise from 23.8 million tons in 2025 to 30.9 million tons by 2034, owing to new projects and expansions across key jurisdictions in South...
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Trump's Copper Tariff Echoes Through Global Mining Tunnels
Thursday, July 10, 2025 - 7:32am | 730President Donald Trump announced that the United States will impose a 50% tariff on all copper imports starting August 1. The decision threatens to disrupt a global supply chain for one of the key inputs for the American industry and a crucial commodity for the green technology transition. The...
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Bitcoin Miners Rake In $55K Daily Despite Heat-Driven Hashrate Dip — Here's Their Secret
Wednesday, July 9, 2025 - 8:37am | 786Despite a 3% drop in Bitcoin's (CRYPTO: BTC) network hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared with Benzinga by the analytics team of TeraHash, a global...
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Mali To Finance Barrick's Mine Restart By Selling Seized Gold
Wednesday, July 9, 2025 - 8:37am | 538The Malian government is reportedly moving to sell $107 million worth of seized gold from Barrick Mining's (NYSE:B) Loulo-Gounkoto mine complex to fund the site's restart following a nearly six-month suspension of operations. According to sources cited by Reuters, court-appointed administrator...
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Central Banks Provide Gold Tailwinds, Silver Gains Traction, Platinum Pauses
Tuesday, July 8, 2025 - 2:26pm | 660Central banks remain a key support in the gold market, while silver continues to attract investor inflows and platinum enters a potential consolidation phase, according to the latest update from precious metals specialist Heraeus. In May 2025, central banks added a net 20 tons (t) of gold to their...
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Benzinga's Top Pick Aura Minerals Eyes $210 Million US Listing
Tuesday, July 8, 2025 - 8:04am | 516Gold and copper producer Aura Minerals (OTCQX:ORAAF) is preparing to raise approximately $210 million through a U.S. listing, aiming to expand its investor base beyond current markets in Canada and Brazil. The company plans to offer 8.1 million shares and will list on the Nasdaq Global Select...
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Bitcoin Stalls, But Riot Platforms Outperforms With 14% Spike Over 30 Days — Mining Stock Leaves MARA And MSTR Trailing
Tuesday, July 8, 2025 - 2:28am | 617Leading Bitcoin (CRYPTO: BTC) miner Riot Platforms Inc. (NASDAQ:RIOT) has delivered a strong performance in recent weeks, despite the apex cryptocurrency's price action being somewhat quiet. What happened: Bitcoin has hovered between $105,000 and $110,000 over the past month, with price movement...
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Nickel Downturn Prompts South32 Divestment, Veteran Investor Eyes Contrarian Opportunity
Monday, July 7, 2025 - 7:25am | 651Australian miner South32 (NYSE:SOUHY) has agreed to sell its Cerro Matoso ferronickel mine in northern Colombia to an industrial conglomerate, CoreX Holding, in a deal valued at up to $100 million. The agreement includes a nominal upfront payment, with additional payments tied to future nickel...
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Chile Cuts Up To 70% Of Red Tape, Promises Streamlined Mining Approvals
Thursday, July 3, 2025 - 8:01am | 633Chile's Congress has passed a long-awaited mining regulation reform to cut permitting times drastically. The reform is expected to boost investor confidence in the world's top copper producer and second-largest lithium supplier. The legislation, passed with 93 votes in favor, 27 against, and 17...
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Ramaco's Brook Mine Project Shows Billion-Dollar Potential For US Rare Earths
Wednesday, July 2, 2025 - 8:00am | 653Ramaco Resources (NASDAQ:METC) announced Tuesday that a preliminary economic assessment (PEA) conducted by Fluor Corporation (NYSE:FLR) found its Brook mine project in Wyoming to be both commercially and technologically viable, with a potential pre-tax net present value (NPV) of up to $1.2 billion...
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China's Largest Gold Miner Expands In Central Asia With $1.2 Billion Acquisition
Tuesday, July 1, 2025 - 8:06am | 578Zijin Mining Group (OTCPK: ZIJMF), China's largest gold and copper producer, has announced a definitive agreement to acquire Kazakhstan's Raygorodok Gold Mine for $1.2 billion. The deal, signed on June 29, will see Zijin acquire 100% of RG Gold LLP and RG Processing LLP, Kazakhstan-based entities...
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Rio Tinto, Hancock Invest $1.6 Billion In Hope Downs 2 Expansion
Tuesday, June 24, 2025 - 6:48am | 641Rio Tinto (NYSE:RIO) and Hancock Prospecting have announced on Tuesday a joint investment of $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. A 50-50 investment will drive a significant expansion of the long-standing Hope Downs Joint Venture between...
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Dundee To Acquire Adriatic Metals In $1.25B Deal For Bosnian Silver-Zinc Mine
Saturday, June 14, 2025 - 9:25am | 515Dundee Precious Metals (OTCPK: DPMLF) has signed a deal to acquire UK-based Adriatic Metals (OTC:ADMLF) for $1.25 billion. The agreement will give Canadian miner control of Adriatic's flagship Vareš silver-zinc operation in Bosnia, expanding its strategic footprint in southeastern Europe. It is...
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Canada Risks Losing $8.7B Annually Without Critical Minerals Action
Friday, June 13, 2025 - 12:44pm | 575Canada could be missing out on CA$12 billion ($8.7 billion) annually in critical minerals production by 2040, unless the government takes urgent action to de-risk investments and accelerate mining development, according to the Canadian Climate Institute’s latest report. The report, titled "...