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Barrick provides update on North American gold assets IPO

2026-04-29

Barrick Mining is moving forward with plans for an Initial Public Offering (IPO) of a minority stake in North American Barrick, a newly formed entity comprising its key gold assets in North America and the Dominican Republic. Expected to complete by the end of 2026 with primary listings in New York and Toronto, this strategic unbundling aims to unlock value from top-tier assets like Carlin, Cortez, Turquoise Ridge, and Pueblo Viejo, which collectively produced around two million ounces of gold in 2025. The initiative, overseen by a dedicated management team, seeks to accelerate momentum and highlight the attractiveness of these assets, while Barrick maintains a controlling interest and engages with Newmont, its joint venture partner in Nevada Gold Mines.

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Recent Articles

McCarthy, Fasken Martineau lead M&A legal advice in mining for Q1 2026

2026-04-29

In a strong start to the year for the mining sector, McCarthy Tetrault and Fasken Martineau DuMoulin emerged as the leading legal advisors for mergers and acquisitions (M&A) during the first quarter of 2026. McCarthy Tetrault secured the top position by deal value, advising on transactions totaling an impressive $7.3 billion, while Fasken Martineau DuMoulin led by deal volume, handling seven distinct transactions. This robust activity, highlighted by a league table from data analytics company GlobalData, signals a buoyant M&A environment and continued strategic reshuffling within the global metals and mining industry.

Confined Space Rescue Training for Safer Underground Mining

2026-04-28

Underground mining presents inherently hazardous conditions within confined spaces, necessitating rigorous rescue training and robust regulatory compliance. This article, published on April 27, 2026, explores the global frameworks, detailed training components, and essential equipment required to safeguard workers and ensure effective emergency response in these challenging environments. It highlights the critical role of systematic preparedness and technological integration in meeting the evolving safety demands of the modern mining industry.

Power Minerals acquires Morro do Ferro rare earths project

2026-04-28

Power Minerals has successfully completed the acquisition of the high-grade Morro do Ferro (MDF) rare earths project in Brazil from Mineração Terras Raras, strengthening its critical minerals portfolio in the region. This strategic move, finalized on April 27, 2026, positions Power Minerals in a region known for its rare earth resources and significant concentrations of magnetic rare earth oxides vital for modern technologies. The project’s promising drill results and plans for extensive exploration underscore its potential to contribute to a diversified global rare earth supply chain.

Oil and gas: how obsolescence management can save you millions of pounds

2026-04-27

As of April 23, 2026, the mining industry faces increasing challenges from component obsolescence in its aging assets, a predicament that engineering specialists highlight as a critical risk to safety, production, and profitability. While asset degradation is inevitable, the substantial costs and operational disruptions associated with reactive maintenance can be mitigated through proactive obsolescence management strategies. This approach, which includes early assessment and re-engineering of critical components, offers a path to significant savings and enhanced operational resilience, preventing costly full-system replacements and unplanned downtime.

Mariana and Sandvik to launch autonomous drilling in Utah

2026-04-26

Mariana Minerals and Sandvik have forged a significant partnership to deploy autonomous drilling technology at Mariana’s Copper One mine in south-eastern Utah, US. This collaboration integrates Sandvik’s AutoMine Surface Drilling platform directly into MarianaOS, Mariana’s proprietary software, creating a unified, data-driven system designed to enhance operational efficiency, safety, and inform superior downstream decision-making. The initiative represents a pivotal step towards a fully autonomous mining operation, strategically bolstering domestic copper production amidst rising US demand.

Vizsla Silver advances Panuco project with new contract awards

2026-04-26

Vizsla Silver's Panuco silver-gold project in Sinaloa, Mexico, is rapidly accelerating towards commercial production following the award of significant engineering, procurement, and construction management (EPCM) and mine design contracts. The company has engaged M3 Engineering & Technology and Mining Plus, respectively, for these crucial roles, underscoring a strategic push complemented by a recent $220 million project finance mandate from Macquarie Bank. These developments mark a pivotal advancement for the high-grade project, outlining a clear path through detailed planning, pre-production development, and eventual commissioning.

Project ramp-ups and expansions to lift global lead output in 2026

2026-04-25

Global lead production is projected to see a notable increase of 2.2% in 2026, reaching 4.68 million tonnes, driven by key ramp-ups and new project commencements in China, Mexico, and Peru. This short-term expansion follows a marginal 0.7% growth in 2025, which saw contributions from major producers like China and Russia, offset by declines in Australia and the US. Despite the near-term optimism, the long-term outlook to 2035 suggests overall marginal growth at a 0.5% compound annual growth rate, as new developments contend with anticipated mine closures and diminishing ore grades worldwide.

Leviathan completes Central Project EM survey with 300m line spacing

2026-04-25

Leviathan Metals has successfully completed a high-resolution helicopter-borne electromagnetic (EM) survey at its fully owned Central Project within Botswana’s prolific Kalahari Copper Belt. This crucial initial exploration phase covered over 20 kilometers of the geologically significant D’Kar-Ngwako Pan Formation contact, identifying conductive markers indicative of potential sediment-hosted stratiform copper mineralization. The project's strategic location, immediately south of MMG’s substantial Khoemacau deposits, positions Leviathan for an aggressive 2026 drilling campaign as it seeks to delineate new copper resources in a globally significant mining region.

SMM begins monazite processing plant construction

2026-04-24

Steenkampskraal Monazite Mine (SMM) has commenced construction of its new monazite processing plant in the Western Cape, South Africa, a significant development positioning the nation as a prospective producer of high-grade rare earth feedstock. This project, fully permitted and owned by Steenkampskraal Holdings and Bora Mining Investments, aims to produce 13,400 tonnes per annum of monazite concentrate containing over 50% total rare earth oxides, contributing vital critical minerals to global supply chains for renewable energy and defence sectors.

Pantoro partners with Mega Resources on Rama pit in WA

2026-04-24

Pantoro Gold has forged a strategic partnership with Mega Resources and Bain Global Resources for the Rama Open Pit project in Western Australia's Forrestania region. Pantoro plans to advance up to A$20 million to Mega for Stage Two mining, securing high-grade gold ore (approximately 115,000 tonnes at 4.7 g/t gold) for its Norseman processing facility. This collaboration promises to unlock a previously stranded asset, generate robust margins for Pantoro, and provides an exclusive option for Pantoro to develop a potential underground operation, signaling a significant move to enhance its gold production profile.