Hemlo Mining Corp. announced the adoption of a shareholder rights plan effective February 9, 2026, designed to protect against hostile takeovers and creeping bids. The plan will be subject to shareholder ratification at the company's annual meeting expected in June 2026 and will expire in 2035 if reconfirmed. The company recently acquired the Hemlo Gold Mine from Barrick Mining for up to US$1.1 billion.

The copper industry faces a structural supply crisis as major new discoveries have dried up over the past decade, forcing miners to rely on expensive expansions of aging deposits rather than finding new ones. Combined with production disruptions, regulatory delays, and rising operational costs, the industry cannot quickly scale supply to meet growing demand from electrification and AI, creating a supply-constrained market where higher prices alone cannot solve the problem.

Barrick Mining Corporation announced that Helen Cai, a veteran deal-maker with over 20 years of experience in finance and M&A, has been named Senior Executive Vice President and Chief Financial Officer, effective March 1, 2026. Cai will succeed Graham Shuttleworth and brings extensive expertise from roles at Goldman Sachs and CICC. The appointment comes as Barrick recently resolved a dispute with Mali's government, restoring control of its Loulo-Gounkoto gold complex.

Global mining M&A activity is accelerating with approximately $30 billion in deals recorded in the first three quarters of 2025, with 74% directed toward Latin American assets. Deal values in Latin America have surged over 200% since 2021, driven by the region's copper endowments and lithium supply potential. Meanwhile, Africa has experienced an 80% decline in mining deal values since 2021 as investors shift capital to lower-risk jurisdictions.

Revival Gold has exercised its option to acquire 100% of Barrick Mining Corporation's interest in the Mercur Gold Project in Utah, consolidating a 7,200-hectare Carlin-style gold system. The company completed a PEA showing life-of-mine average production of 95,600 ounces of gold annually with an after-tax NPV of $294 million at $2,175/oz gold price. The acquisition is expected to close around April 1, 2026, with Revival Gold compensating Barrick $5 million upfront and $5 million on each of the first three anniversaries of commercial production, plus granting royalties.

Barrick Mining resolved a two-year dispute with Mali's government by paying $430 million, restoring control of its Loulo-Gounkoto gold mine and potentially setting the stage for a North American gold assets IPO.

Sun Silver Ltd. reported a significant increase in mineral resources at its Maverick Springs Silver and Gold Project in Nevada, expanding the inferred mineral resource estimate by 59 million ounces to 539 million silver equivalent ounces at a grade of 71g/t.

Appian Capital Advisory provided a $150 million acquisition financing package to Atlantic Group for the buyout of Tongon gold mine from Barrick Mining in Côte d'Ivoire, supporting the mine's potential for resource growth and economic contribution.

Barrick Mining Corporation sold the Hemlo Gold Mine to Carcetti Capital Corp. for up to $1.09 billion, including $875 million cash, $50 million in shares, and potential additional payments based on gold price performance.

Ben van Beurden has stepped down as Director and Lead Independent Director at Barrick Mining Corporation, with Loreto Silva succeeding him in the role. Chairman John Thornton expressed gratitude for van Beurden's contributions and confidence in the company's leadership.

UBS forecasts significant copper price increases in 2026, projecting supply deficits and rising demand driven by electric vehicles, renewable energy, and data center construction, with strategic implications for global mineral supply chains.

Ninepoint Partners LP announced cash distributions for its ETFs and ETF Series securities, with a record date of November 28, 2025, and distributions payable on December 5, 2025, covering various funds including Diversified Bond, Alternative Credit Opportunities, and Energy Income Funds.