Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Mining Tycoon Buys $1 Billion SpaceX Stake
Gina Rinehart, Australia's richest person, has bought a more-than $1 billion stake in SpaceX, betting on founder Elon Musk and what she says is the potential for his rocket maker to shape industries for decades.
Malema: Stop chasing spaza shops, take back the mines
EFF president Julius Malema says criticism of foreign nationals owning spaza shops distracts from the real economic struggle over control of strategic sectors, including South Africa's mining industry. EFF president Julius Malema says those…
Searching Strait of Hormuz for mines could take weeks, delaying shipping return
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security sources say. The operation by conventional minesweepers and…
Perpetua Resources: Strategic Mineral Scarcity Meets Gold Mine Economics (NASDAQ:PPTA)
Perpetua Resources is transitioning from a typical gold developer to a strategic U.S. gold/antimony project with sovereign-style financing and early construction underway. PPTA's Stibnite Gold Project benefits from a $2.9B EXIM Bank loan, robust…
Exclusive | Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake
Gina Rinehart, Australia's richest person, has bought a more-than $1 billion stake in, betting on founder Elon Musk and what she says is the potential for his rocket maker to shape industries for decades. The stake in SpaceX, which last week pulled…
Property tycoon Alan Bond's former island getaway to anchor mining logistics hub
A pair of islands in the Buccaneer Archipelago in Western Australia's north will become an offshore transport hub for industry after the sale of an iron ore mine. Koolan and Cockatoo Islands have a unique history in mining and tourism, with…
Hemlo Mining Corp. Announces Start of Trading on TSX
TORONTO, June 15, 2026 /CNW/ - Hemlo Mining Corp. (TSX: HMMC) (OTCQX: HMMCF) ('Hemlo Mining' or the 'Company') is pleased to announce that trading of its common shares (the 'Common Shares') will commence on the Toronto Stock Exchange ('TSX')…
Coeur Mining: This Gold And Silver Miner's Next Chapter Is Just Getting Started (NYSE:CDE)
Coeur Mining remains a strong buy after the New Gold acquisition, with robust production, cash flow, and a conservative valuation supporting long-term upside. CDE's Q1 performance was solid, reaffirming production guidance and highlighting a strong…
Gina Rinehart-backed St George Mining rattles the tin for $60m
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
Coeur Mining: Net Cash, Buybacks, And A Bigger North American Portfolio Make Me A Buyer
Coeur Mining posted record Q1 '26 results and expects over $3B in EBITDA and $2B of free cash flow in 2026, contingent on strong metal prices. Recent New Gold acquisition boosts reserves and future production, with the strongest quarters ahead as…
Trump's critical minerals pricing plan faces skeptical G7, divided industry
The White House's push to boost critical minerals production by regulating prices is facing skeptical G7 allies and a divided mining industry, with negotiations for a Western trading bloc stumbling over concerns about the plan's cost and…
Bitcoin Mining Difficulty Falls 10% As Hashprice Tops $30
Bitcoin mining difficulty dropped by 10.09% on Sunday, marking the blockchain's 11th-largest downward adjustment and easing some of the pressure on miners. Galaxy Research said that mining difficulty fell from 138.96 trillion to 124.93 trillion at…
FLSmidth: Transactions under share buy-back programme
COMPANY ANNOUNCEMENT NO. 30-2026 On 18 May 2026, FLSmidth & Co. A/S (“FLSmidth”) initiated a share buy-back programme of up to DKK 1.0 billion (ref. Company Announcement no. 26-2025). Under the share buy-back programme, FLSmidth may…
Palawan bishop flags mass tree cutting for mining projects
A Catholic bishop has questioned government permits covering the cutting of more than 218,000 trees for mining projects in Palawan. In a pastoral letter, Bishop Socrates Mesiona of Puerto Princesa expressed alarm over special tree cutting and…
How the inaugural Forever Mine Festival highlights Chicago's historical roots in House music, and its synergy with R&B - EARMILK
During the sunny Memorial day Weekend in Chicago, Windy City Events hosted the inaugural Forever Mine Festival, which highlighted Chicago's historical roots in house music and its connection to R & B. Headlined by Keyshia Cole on Saturday and…
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