Left and right ‘unite’ against Rio lithium project in Serbia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) faces a crucial test this month in Serbia as leaders of a small town vote on whether to allow Europe’s largest lithium project,…
ESG
Blue Moon shareholder battle spotlights shades of grey in junior market
A minority group of shareholders in Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), which holds a first-resource-stage zinc-silver project in California, says its CEO issued defensive stock offerings that destroyed an…
Barrick fights to dismiss Tanzanian abuse allegations from Canadian court
Barrick Gold (TSX: ABX; NYSE: GOLD) is arguing in an Ontario court that allegations of human rights abuses in Tanzania should be decided in that country instead, with local police and…
How junior miners can meet the new ESG funding hurdles
The conversation around environmental, social, and governance ESG considerations in mining has grown increasingly sophisticated over the last decade, giving rise to an evolving set of requirements that companies must…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Burkina Faso ruler threatens gold licences, but Endeavour downplays comments
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and West African Resources (ASX: WAF) say their operations in Burkina Faso are unaffected after the country’s president said some mining licences may…
New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…
Lack of capital rises to top risk in EY mining survey
Capital is the top risk facing the mining industry this year, up from the number two spot last year, as tough financing and economic conditions make it more difficult to deliver…
Lomiko’s Quebec graphite project faces uphill battle in holiday region
Community opposition in Quebec cottage country may sink Lomiko Metals’ (TSXV: LMR; US-OTC: LMRMF) prefeasibility-stage La Loutre project, the seventh-largest undeveloped graphite deposit, after the province denied it funding. The proposed…
Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories
Burgundy Diamond Mines (ASX: BDM), owner of the Ekati diamond mine in the Northwest Territories, says it has pulled plans for underground mining at the Sable open pit following feedback…
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives. Nearly 80% of mining…
Rio Tinto offers early termination to Diavik diamond workers in Northwest Territories: report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is offering early termination for employees at its Diavik diamond mine, Canada’s largest gem producer, as part of cost savings ahead of…