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An Uphill Climb: Coeur Mining Gains Ground with Strong Operating Metrics at Rochester

As the sun rises on Coeur Mining's horizon, the company is making steady strides towards its operational targets at the Rochester mine. The goal is ambitious - to churn out 7 to 8 million tonnes per quarter by the second half of 2024,...

The Bold Move of Magna Mining in Acquiring Sudbury Copper Mine

Magna’s Strategic Acquisition Set against a backdrop of relentless ambition, Magna Mining recently announced an audacious move to acquire the Sudbury copper mine from KGHM. The eye-catching deal involves a mix of C$5.3 million in cash, C$2 million in Magna common shares upfront, an...

Epiroc buys remaining stake in autonomous solutions provider ASI Mining

In 2023, ASI had revenues of about 300 million Swedish crowns ($28 million) in 2023. “Epiroc and the innovative team at ASI Mining are already collaborating closely to bring the most advanced automation solutions to mining customers,” says Helena Hedblom, Epiroc’s president and CEO. “We...

Mining People: Nations Royalty, Wesdome, American Eagle Gold, Getchell Gold, Moonbound, Scorpio Gold

Board changes: American Eagle Gold named Gordon Stothart to its board. Calibre Mining has a new board member; she is Omaya Elguindi. Getchell Gold appointed Michael Hobart to the board. Keiko Hattori was added to the board of Japan Gold. Laramide Resources nominated John Mays for a seat on...

Utah ranked top jurisdiction for mining investment by Fraser Institute

To arrive at the ranking, the Fraser Institute surveyed approximately 2,045 mining-related firms globally between August 16, 2023, and January 9, 2024, tallying their opinions on both mineral endowment and policy factors. These companies had reported exploration expenditures of $4.2 billion in 2022 and $4.1...

Hecla Mining CEO resigns – MINING.COM

The company reported first-quarter results this month where it met analyst forecasts for performance after restarting its Idaho mine Lucky Friday in January after a fire last year and continued ramping up output from Keno Hill in the Yukon.  “I would like to thank Phil...