Timeline: The Oyu Tolgoi saga
From discovery to blockade: the twists, deals and disputes behind Mongolia’s Oyu Tolgoi copper-gold mine.
Articles by Mining.com Staff
US sanctions shut Canada’s largest cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep the Alberta plant running. The…
Deutsche Bank cuts gold price target by 22%
Deutsche Bank has become the latest major institution to revise down its near-term target for gold prices amid concerns over inflation and high interest rates. In a note published Tuesday,…
Gold miner sues BC over ‘stripped’ mining rights
MCC Canadian Gold Ventures says it has launched a multi-million dollar lawsuit against the British Columbia government after the province stripped MCGV of its mining rights through Orders in Council…
China blacklists US firms in rare earths war
China has imposed export controls on two American rare earth companies central to U.S. efforts to build alternative supply chains for critical minerals used in advanced manufacturing and defence. MP…
Gladiator raises $35M from BlackRock-led placement to fund Yukon drilling
Copper explorer Gladiator Metals (TSXV: GLAD; US-OTC: GDTRF) has raised more than $35 million (US$24.7 million) through a private placement led by BlackRock to fund drilling at the Whitehorse project….
China lithium price slides over CATL restart chatter
Lithium prices in China slid by nearly 10% over the past two trading sessions amid speculation that one of the country’s biggest mines may be returning to production. Bloomberg reported…
Quakes, storms knock Alamos Gold output
Alamos Gold (TSX, NYSE: AGI) says it’s expecting lower production in the second quarter following a series of disruptions at the Young-Davidson mine in northern Ontario. In an update on Thursday,…
St Barbara’s Nova Scotia gold hub gets green light
Australia’s St Barbara (ASX: SBM) has advanced plans for its Nova Scotia gold development after federal assessment regulators accepted the initial project description for the proposed 15-Mile Processing Hub, launching…
BHP takes $2.3B hit on Jansen potash mine as cost forecast swells again
BHP Group (ASX, NYSE, LSE: BHP) plans to record a $2.3-billion (C$3.25-billion) impairment charge on its giant Jansen potash mine in Saskatchewan due to cost and timing overruns for the…
BHP to sell $1.5B Chile power lines in copper-first pivot
Mining giant BHP (ASX: BHP) is preparing to sell about $1.5 billion worth of power transmission assets in Chile as the world’s largest miner sharpens its focus on copper and…
Kristi Noem joins B.C copper junior as advisor
Kristi Noem, the former U.S. Secretary for Homeland Security, is entering the mining space as an advisor to a British Columbia-based junior. NovaRed Mining (CSE: NRED), which holds two early-stage…