AGP Executive Report
Last update: 9 hours agoGold Mining: SSR Mining agreed to buy Roxmore Resources for about US$712 million, adding Nevada’s Converse project beside its Marigold mine and targeting more than US$200 million in potential synergies. Mineros reported a 14% rise in third-quarter gold output and raised its 2026 production guidance. Safety: At least 72 gold miners were reported killed in airstrikes near the Sudan-Egypt border, prompting calls for investigation. Copper: Disruptions at Chilean mines, including a fatal landslide at El Teniente, are tightening supply concerns as demand grows. Critical Minerals: Giraffe Bio raised US$6.4 million to scale technology aimed at improving copper recovery; Aclara completed basic engineering for a planned U.S. heavy rare earths separation plant. Industry and Investment: South Africa’s mining output fell 12.7% year over year in August, while Anglo American said the country still holds major investment potential if transport, energy and regulatory barriers improve. Ethiopia opened its first gold refinery, a US$50 million project aimed at expanding local processing. Project Milestone: Armenia’s long-delayed Amulsar gold mine has begun operations, with the government expecting about US$130 million in annual tax revenue.
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