Today’s Top News
Today’s Top News
Key mining news, market moves and developments from Australia, Canada, the US, UK and across the globe.
All news · 99 stories
Tuesday 3 November 2026
- $712 Billion Wiped Off World's Biggest Mining Companies Since Start of Iran WarThe MINING.COM TOP 50 lost $226 billion in October, a 10% fall following September's $264 billion loss, leaving it $712 billion or 26% below its $2.75 trillion record from the end of February. Hotter US inflation data hardened bets on another Fed rate hike, oil rose on the Middle East conflict and a late-month tech…
- Pecoy Copper Announces C$49.8 Million Strategic Financing Led by Hudbay MineralsHudbay Minerals and a second strategic investor will subscribe for about C$30.1 million and C$19.7 million respectively at C$2.02 a share, a 10% premium to the 10-day VWAP, each taking about 9.99%. Hudbay gains participation rights and the right to nominate a director. Proceeds fund drilling and an updated resource…
- West Red Lake Gold Signs US$95 Million Credit Facility and Gold Offtake Agreement With CentalionWest Red Lake Gold has signed a binding term sheet with Gunvor USA, a Centalion subsidiary, for up to US$95 million: a US$65 million first tranche and a conditional US$30 million second tranche earmarked as potential Rowan development capital. The five-year facility at SOFR plus 5.50% refinances the Nebari debt and…
- China Reports Sharp Rise in Gold, Nickel, and Rhenium ResourcesA year-long reassessment of 17 strategic minerals across more than 1,800 mines has lifted China's retained resources of 13 of them, according to Ministry of Natural Resources data reported by Xinhua. Rhenium more than doubled, while gold rose by the equivalent of 50 large deposits and nickel by 30. The gains come from…
- Under the Hood of the Energy TransitionBenchmark Mineral Intelligence reported 2.15 million EVs sold globally in September, up 17% month-on-month but down 2% year-on-year, with Europe and the UK posting a record of nearly 600,000. North America fell 44% year-on-year against a 2025 base inflated by the tax-credit rush, and China fell 18%. Benchmark's Adam…
- Sigma Lithium Announces US$100 Million 5-Year Inaugural Convertible Bond Offering; Lowering Financing Costs, Extending Debt MaturitySigma Lithium is offering US$100 million of five-year senior unsecured convertible bonds at a fixed 7.00% coupon, convertible at a 25% premium, to repay its Synergy Capital secured debt in full. That debt carries a floating rate of SOFR plus 6.95% and matures in June 2027. Closing is expected around 16 November, with…
- Copper Rises on Weaker Dollar and Downgrade to Chile Production OutlookLME three-month copper rose 0.7% to $14,251 a tonne in Monday trade on a weaker dollar, lower oil and Cochilco's sharp cut to Chile's 2026 production forecast. LME inventories climbed to 293,775 tonnes, the highest since mid-July, after 20,500 tonnes were delivered in New Orleans. Investors stayed cautious ahead of…
- Indonesia January-September Coal Export Volume Down 10.58% Annually, Government Data ShowsIndonesia exported 255.05 million tonnes of coal from January to September, down 10.58% on the same period last year, statistics bureau data showed. The value of shipments rose 4.86% to $18.81 billion. The customs-based figures may differ from Energy and Mineral Resources Ministry data, which draws on reports from…
Monday 2 November 2026
- Cochilco Cuts Chile's Copper-Production OutlookCochilco expects 2026 Chilean copper production to fall 8.4% to 4.94 million tonnes, down from its August forecast of 5.27 million tonnes. BHP's Escondida and Spence mines and Codelco's mines account for more than 77% of the net decline, and output must average about 434,000 tonnes a month in the fourth quarter to hit…
- Evion Expands Its Nevada Fluorspar Option FootprintEvion has entered a binding option to earn up to 75% of the 40-claim Blue Nose property in Nevada, about 1.2km northwest of its Carp Fluorspar Project, for US$1.5 million cash and 4 million shares over two years plus a US$30,000 due diligence payment. Blue Nose carries 63 historic reverse circulation holes (9,116m)…
