Chalice reduces board, costs amid nickel slump
Australia’s Chalice Mining (ASX: CHN) is the latest nickel player forced to cut costs amid a sharp decline in the metal’s price. Chalice announced a series of measures on Friday…
ESG
Glencore to pay US$152M in bribery case
Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Fed funding aims to boost women in mining from just 16%
Women represent only 16% of Canada’s mining industry’s workforce, a figure that’s three times lower than the average across all industries, according to the Mining Industry Human Resources Council (MiHR)….
Vale board members in a ‘state of war’ over CEO succession — report
The board of directors responsible for selecting the CEO of Vale (NYSE: VALE) is in turmoil, Brazilian newspaper O Globo reported. Last week, consulting firm Russell Reynolds, hired to assist the…
Ontario First Nation seeks mining claims ban for now, and more consultation
A northern Ontario First Nations community, which opposes development of the Ring of Fire area and has fought pulp and paper mercury poisoning for decades, is taking the province to…
Serbian top court clears path for Rio Tinto’s Jadar lithium project
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) could be back in the running to develop Europe’s top lithium mine after a Serbian court ruled the government unlawfully revoked the…
Aclara, VAC team up to boost REE magnets production
Rare earths developer Aclara Resources (TSX: ARA) has entered into a strategic alliance with magnets producer VAC to provide a “mine-to-magnets” solution, targeting the growing market for responsibly produced permanent magnets needed…
Opinion: Want more investors? Act local
The mining industry must boost its support of local communities if it’s ever going to attract enough investors for the world to meet climate-change fighting goals, a new survey and…
South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal to market, analysts say. The…
Sacked Nickel 28 CEO repays $3.2M
The CEO of a Canadian company with a small stake in a Papua New Guinea (PNG) nickel-cobalt mine is repaying about $3.2 million in shares and resigning from the board…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…