Kimberley Process stalls again on conflict diamonds
The Kimberley Process (KP) has failed for a third straight year to agree on an expanded definition of conflict diamonds after a five-day plenary in Dubai. Delegates from 86 member…
ESG
Barrick paid $430M to settle Mali dispute: Bloomberg
Barrick Mining (NYSE: B; TSX: ABX) paid nearly the same amount as the back taxes Mali’s junta claimed it owed, ending a long dispute that had shuttered a mine once…
Sahel faces widening security threats, analysts say
Despite military governments across West Africa, the region’s security situation is worsening as insurgents flush with kidnapping ransoms and illegal mining profits threaten fuel supplies and road networks, according to…
Canadians support mining despite Nimbyism: Survey
Canadians broadly support mining’s role in the energy transition but remain wary of new projects in their own regions, according to new national polling that highlights both opportunities and persistent…
Mine explosion in Australia kills two
Two workers were killed and another injured in an explosion on Tuesday at a mine in Australia being readied for reopening, the local industry’s first fatal blast in a decade….
Colombia deals new blow to contentious $1.4B AngloGold copper project
Colombia’s National Mining Agency (ANM) has rejected AngloGold Ashanti’s (JSE: ANG; NYSE: AU; ASX: AGG) request to suspend its contractual obligations for the stalled $1.4-billion Quebradona copper-gold project, deepening the…
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Copper Mark to unify ESG standards for metal producers
Sustainability organization Copper Mark is moving to develop a single mining standard across various metal supply chains and form a new board with wider representation. The U.K.-based organization released on…
Over 25% of copper supply facing ESG hurdles: study
About 6.4 million tonnes of copper production capacity, equal to more than one-quarter of global mine output, are stalled or suspended due to environmental, social, and governance (ESG), a new…
Glencore, Amrize win BC reclamation awards
Glencore’s (LSE: GLEN) Canadian coal unit, Elk Valley Resources, and building materials company Amrize (NYSE: AMRZ) led the honours at the 48th British Columbia mine reclamation awards this week. Elk…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Freeport sinks after Grasberg workers trapped
Freeport-McMoRan (NYSE: FCX) shares sank Tuesday after the company suspended operations at its Grasberg Block Cave underground mine in Indonesia, where a surge of wet material blocked access routes and…