Hot News in this Week
May 2, 2025
After the heap-leach pad slide at the Eagle mine last June, a pond began leaking and a containment berm was put up, but no engineer of record was involved, highlighting the ongoing challenges in cleanup efforts despite the authorization of C$220 million for site care and remediation.
Source: www.mining.com
Copper prices rebounded on Thursday after a sharp drop the day before, with prices rising 1.6% in the US and 3-month futures increasing above $9,200 per tonne in London, as optimism grows over potential US-China trade deals despite supply disruptions in Peru and revised forecasts of a larger global surplus.
Source: www.mining.com
AngloGold Ashanti has sold its Doropo and Archean-Birimian Contact (ABC) projects in Côte d'Ivoire to Resolute Mining for $175 million, with $150 million coming from a combination of cash and an external loan. The sale is part of AngloGold's strategy to focus on projects in the US, while Resolute gains exposure to a stable mining jurisdiction in Côte d'Ivoire. The deal includes the transfer of ownership of Mansala project in Guinea, which Resolute will develop with a final investment decision expected by the end of this year and first production targeted for mid-2028.
Source: www.miningmx.com
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