mining

The South Australian government has initiated the application and assessment process for BHP's (NYSE:BHP) proposed expansion of its Olympic Dam copper smelter and refinery. If approved, this project would significantly boost BHP's copper production capabilities by introducing a second copper...

The momentum in gold’s recent rally has lost much of its shine, with the precious metal unable to reach new record highs since Aug. 20, as U.S. Treasury yields stabilize and the dollar rebounds. On Wednesday, gold traded at $2,505 per ounce, down 0.8% for the day, poised to break a three-...

Vale SA (NYSE:VALE), one of the world's largest mining companies, has unanimously selected its Chief Financial Officer, Gustavo Pimenta, as the new CEO, succeeding Eduardo Bartolomeo. The succession process proved turbulent, as the board's conflicts prolonged leadership selection for this key...

Leading miner BHP Group (NYSE:BHP) announced its full-year financial results for the fiscal year ending June 30. Despite a challenging macroeconomic environment, BHP delivered a solid performance. It grew profits by 2% year-over-year to an underlying attributable profit of $13.7 billion. “We...

Volt Lithium (OTC:VLTLF) has announced the deployment and installation of its first Field Unit in the Permian Basin, Texas. After over a year of discussions with major oil companies in the region, this development represents a major milestone for the company. "Our team is thrilled to share that we...

As Alamos Gold, a mid-tier producer of the precious metal, advances toward producing a million ounces yearly, CEO John McCluskey chatted with Benzinga about growing organically, as well as through M&A, and recent anti-mining sentiment in Mexico. Alamos has been on somewhat of a buying spree...

Zijin Mining Group (OTC:ZIJMF), a Chinese copper and gold producer, is encountering increasing obstacles to its mergers and acquisitions (M&A) ambitions due to geopolitical tensions, a slowing global economy, and a rise in resource nationalism. These challenges have raised concerns over the...

The Canadian government has stepped in after a labor contract dispute brought the country's railway network to a halt. The stoppage, which began on Thursday, involved Canada’s major railways – Canadian National Railway and Canadian Pacific Kansas City – and threatened to cause...

Australian miner Whitehaven Coal (OTC:WHITF) has announced the sale of a 30% stake in its Blackwater metallurgical coal mine, located near Emerald in Queensland. The deal, valued at $1.08 billion, involves selling a 20% stake to Nippon Steel (OTC:NISTF) and a 10% stake to JFE Steel, two leading...

Canadian junior miner Collective Mining (AMEX:CNL) is expanding its Guayabales project in Caldas, Colombia. The latest drilling results revealed a connection between two prospective gold deposits. These findings show the Apollo and Olympus deposits merge into an extensive mineralized system...

Editor’s name: This story has been updated to correct the spelling of Alamos Gold CEO John McCluskey’s name. Gold mining companies are ramping up M&A activity as record gold prices boost the free cash flow they can use to make deals. As older mines become depleted and mining costs...

Arch Resources (NYSE:ARCH) and Consol Energy (NYSE:CEIX), two of the largest coal miners in the United States, are entering a merger that will create a $5.2 billion coal mining company. "This merger will join two proven leadership teams and best-in-sector operating platforms to establish a premier...

BHP (NYSE:BHP) has successfully negotiated a new deal with the union at Chile’s Escondida copper mine. This agreement comes after a brief but impactful strike that began over a pay dispute. The union demanded a bonus equivalent to 1% of shareholder dividends—around $35,000 per worker at the...

American Battery Technology (NASDAQ:ABAT) CEO Ryan Melsert spoke to Benzinga about the latest company milestones, the state of the market and what it means to be a vital metals supplier for the burgeoning green energy sector. BZ: What’s your relationship like with the retail investment...

Mining giant BHP (NYSE:BHP) faces tensions in Chile after the local miner’s union issued a strike. What Happened: A strike threatens to undermine the output at Escondida, the world’s largest copper mine, producing over 1.1 million metric tons annually. “After a new invitation...