Stjepan Kalinic

Stjepan Kalinic

Benzinga Staff Writer

First Quantum Minerals Closes Ravensthorpe Nickel Mine, Cuts 330 Jobs
First Quantum Minerals is shutting down the Ravensthorpe nickel mine in Western Australia. BHP shuttered the mine in 2009.
Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
Elliott Management has invested $1 billion in Anglo American, adding pressure to the mining company amid a takeover bid from BHP Group.
Anglo American Rejects BHP's 'Highly Unattractive' Bid, Sets Proposal Deadline For May 22
"The BHP proposal is opportunistic and fails to value Anglo American's prospects," the board chair said.
Standard Lithium Activates Cutting-Edge Plant, Paves Way For Cleaner Mining
Standard Lithium commissions largest DLE unit in NA, aiming to become sustainable lithium producer. Offers more efficient and eco-friendly extraction method.
Nigeria Cracks Down On Dormant Mining Titles To Stop 'License Racketeering'
Revocation of these titles could create a fair and transparent process and curb "license racketeering" in Nigeria.
Equinox Gold Snaps Up Greenstone Gold Mines For $995M In 'Incredibly Rare' Deal
Equinox Gold buys remaining 40% stake in Greenstone Gold Mine, increasing annual production by 160,000 ounces. Deal adds to long-term benefits for shareholders and includes financing from multiple sources.
Energy Fuels Secures Critical Mineral Supply Chain Via $240M Base Resources Deal
Energy Fuels, a Lakewood, Colorado-based uranium and critical minerals producer, agreed to acquire Australian junior miner Base Resources.
Copper Prices Approach 2-Year Highs: What's Behind Analyst's $12,000 Price Prediction For 2026?
Copper prices have surged due to increased demand from electric vehicles, AI, and power infrastructure. Analysts predict a supply deficit and potential for even higher prices.
G Mining Ventures Spends $638M To Buy Reunion Gold Guyana Project
The Oko West gold project, located 60 miles southwest of Guyana's capital, Georgetown, has emerged as a major gold discovery in recent years.
Eramet's $800M Lithium Investment A Vote Of Confidence For Argentinian Economic Turnaround
French mining company Eramine, a subsidiary of Eramet, announced a $800 million investment in Argentina's Salta province.
Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan's Troubled Province
Saudi Arabia's Manara Minerals is reportedly in advanced talks to acquire a minority stake in Pakistan's Reko Diq gold and copper mine project. The project, located in the commodity-rich province of Balochistan, is on track to start production by 2028.
Rio Tinto, Saudi Arabia's Manara Emerge As Likely Bidders For First Quantum's Zambian Assets: Report
Rio Tinto, Manara, Mitsui & Co. and Sumitomo Corp. are rumored to be circling First Quantum-owned assets currently for sale.
New Canadian Budget Deemed Mixed Bag For Mining Sector
Canada's Department of Finance presented the government's budget for 2024, leading to new opportunities and challenges for the mining sector.
Rio Tinto's Next Chief Commercial Officer Says Building Mines Is Better Than Buying: Here's How Long It Takes
Rio Tinto's copper chief, Bold Baatar, prefers building new mines over M&A. He will replace Alf Barrios in September. Chile's permitting process is a major hurdle.
McEwen Mining Acquires Timberline To 'Unlock Synergies' In Nevada Gold Operations
McEwen Mining acquires Timberline Resources for $18.8 million in a stock-for-stock transaction, driven by increased gold prices and operational synergies.
Barrick Misses Preliminary Gold Production Estimate, Management Unfazed By Risks In Key African Country
Barrick Gold Corp (NYSE: GOLD) reported lower than expected Q1 gold production and anticipates higher costs, faces geopolitical risks in Mali.
Gold Road Considers Major Stake In Greenstone; Investors Wary Of Potential High Costs
Gold Road confirms interest in Canadian joint venture, Greenstone Gold Mines, as gold prices continue to climb. Operational challenges at flagship mine also addressed.
US, UK Clamp Down On Russian Metals Trade Due To 'Its Brutal War Against Ukraine' (UPDATED)
US, UK launch new sanctions targeting Russian metal exports to disrupt revenue stream. LME confirms compliance, but exemptions minimize market disruption.
Canada Nickel Ramps Up Ontario's Crawford Project: 'We Are Confidently Moving Into This Next Phase'
Canada Nickel is accelerating development of its Crawford nickel project, with a $1B processing plant planned.
Revival Gold Acquires Ensign Minerals 'To Become A Cash-Flowing Mid-Tier US Gold Producer'
Revival Gold ((OTCQX: RVLGF)) has finalized an all-stock deal worth $21.9 million to acquire Ensign Minerals, a privately held exploration company.