Shockwave through mining: BHP halts billion-dollar nickel operations in Western Australia!

Shockwave through mining: BHP halts billion-dollar nickel operations in Western Australia!

BHP has announced a strategic decision to temporarily suspend its Nickel West operations and the West Musgrave project, collectively known as Western Australia Nickel, starting from October 2024. This decision comes in response to an oversupply in the global nickel market, which has driven down prices and made current operations unsustainable in the short term. […]

Alamos Gold to acquire Argonaut Gold to expand Canadian gold mining operations

Alamos Gold to acquire Argonaut Gold to expand Canadian gold mining operations

In a significant move within the mining industry, Alamos Gold Inc. (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (TSX:AR) have announced a definitive agreement for Alamos to acquire all issued and outstanding shares of Argonaut. This court-approved plan of arrangement is poised to enhance Alamos Gold Inc.’s position as a leading Canadian-focused intermediate gold producer. The […]