SQM cuts spending as lithium slump lingers
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, is scaling back spending this year amid a drawn out weakness in prices for the battery metal erodes margins. The miner,…
Financial Matters, M&A
Implats mulls shutting Ontario palladium mine
South African miner Impala Platinum (JSE: IMP; US-OTC: IMPUY) may close its Canadian palladium mine earlier than planned after prices for the metal used in gasoline vehicles have plummeted more than…
What a shock: the power cost of ore processing
When it comes to understanding processing costs, electric power is an item that can have a substantial impact on operating expenses. Costmine, a division of Mining Intelligence owned by Glacier…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…
AME Roundup: BC’s Eby proposes 3-pronged approach to ‘bizarre’ U.S. tariffs threat
British Columbia Premier David Eby on Thursday outlined a three-part plan to counter proposed United States tariffs on Canadian imports during remarks at a Vancouver conference. Eby says the province…
First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…
Equinox shares surge following record production year
The miner produced 213,906 ounces of gold in the fourth quarter and 621,870 ounces for the full year.
Panama seeks public input on re-opening First Quantum copper mine
Panama’s government has kicked off a public consultation on an environmental audit of First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine. The Ministry of Environment (MiAmbiente) this week invited…
K92 Mining shares soar on record production
For the year, K92 produced 149,515 ounces of gold, surpassing guidance.
Vale sinks to lowest market value since 2016 – Citibank
The stock market value of base metals giant Vale (NYSE: VALE) has fallen to its lowest since 2016 on investor concerns over iron ore and nickel as well as uncertainties…
Miners navigate high risks, ransoms in West Africa
Mali’s military government is trying to arrest the CEO of the world’s second-largest gold company while the junta in Niger has tightened its stranglehold on a French state-owned uranium mine….
London Symposium Video: Quebec mining investment on the rise thanks to government support, panel hears
Quebec attracts substantial mining investment thanks to strong government support, a well-developed critical minerals strategy and innovative technologies, an industry panel heard this month in London. That enables companies like…