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Metals and Mining Industry News
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St Barbara (ASX: SBM) to sell remaining Simberi interest to Lingbao for A$453m
St Barbara Limited will retain valuable gold and exploration royalties after selling its remaining New Simberi interest, while a potential A$0.13 special dividend and Nova Scotia investment plans move into focus.
Why Romania’s Rovina Valley project matters to Europe’s race for secure copper supply
The European Union wants more strategic raw materials extracted inside Europe, but mine development still requires years of permitting, technical work and financing. Euro Sun Mining's Rovina Valley project shows why policy recognition alone cannot close Europe's copper-supply gap.
Mako Mining locks 10-year Guyana framework around $292m Eagle Mountain gold project
Mako Mining has signed a 10-year legal and fiscal stability agreement with Guyana covering the Eagle Mountain Gold Project, reducing one layer of development uncertainty around a project whose earlier preliminary economics showed a $292 million after-tax NPV at a $1,850-per-ounce gold assumption.
Washington now owns about 10% of Trilogy Metals. Does that change the Arctic copper project?
The U.S. Government has completed a $35.6 million strategic investment linked to Trilogy Metals’ Upper Kobuk Mineral Projects, becoming an approximately 10% shareholder as the Arctic copper project moves deeper into federal permitting.
East Star Resources (LSE: EST) hits new highs as Endeavour gold JV accelerates
East Star Resources and Endeavour Mining have advanced their Kazakhstan gold joint venture across 15 priority targets and applied for more than 930 square kilometres of licences, while EST shares have climbed sharply.
Trilogy Metals (NYSE American: TMQ) advances Ambler projects with government equity backing
Trilogy Metals has completed a $35.6 million strategic U.S. government investment tied to Alaska’s Upper Kobuk Mineral Projects, combining new equity, warrants and government support around the infrastructure challenge posed by the proposed Ambler Road.
Salzgitter swung from an €84m loss to €258m adjusted profit. Why is Christoph Martin becoming CFO now?
Salzgitter has appointed steel-industry finance executive Christoph Martin as CFO while Birgit Potrafki prepares to depart, handing him responsibility for the P28 savings programme, SALCOS investment and a balance sheet navigating one of Europe’s largest steel transformations.
First Mining Gold (TSX: FF) extends Miroir mineralization with new Quebec drill results
First Mining Gold has reported new high-grade intervals from Miroir and expanded the target to roughly 220 metres of strike, but the drilling has not yet been converted into additional mineral-resource ounces or updated project economics.
Man Industries (NSE: MANINDS) hits 52-week high as Rs 600cr orders push backlog to Rs 4,100cr
Man Industries added â‚ą600 crore of domestic and overseas pipe orders after a quarter in which profit nearly tripled, sending the stock to a new 52-week high and intensifying the debate over how much growth is already priced in.
MLG Oz (ASX: MLG) secures A$48m Davyhurst contract with Ora Banda
MLG Oz Limited has extended its Davyhurst mining-services relationship with Ora Banda Mining under a three-year contract expected to generate approximately A$48 million of revenue, with a further one-year option available to the customer.