W-Australia lithium miners defiant, state throws lifeline
Spodumene producers were surprisingly upbeat on the outlook this week as the Western Australian government stepped in to offer assistance.
News
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
Canada’s Platinum Group Metals (TSX: PTM; NYSE-AM: PLG) is working with Saudi Arabia and a Riyadh-based partner to build a smelter and refinery in the Middle East country. But they…
Denison forms three Athabasca uranium JVs with Cosa Resources
Denison Mines (TSX: DML) and Cosa Resources (TSX-V: COSA) have agreed to form three uranium exploration joint ventures in the eastern portion of the Athabasca Basin in northern Saskatchewan. Cosa…
Premium shares jump on Botswana copper-nickel project initial resource
An initial estimate for Premium Resources’ (TSXV: PREM) past-producing Selkirk project in eastern Botswana outlines 44.2 million inferred tonnes grading 0.3% copper and 0.24% nickel, the company reported Wednesday. Shares…
Trump tariff plan would knock US-Canada-Mexico metals and mining
United States president-elect Donald Trump’s pledge to slap double-digit tariffs on America’s top trading partners will snarl metals supply chains and lower demand, analysts and industry leaders said. Trump said…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Four Barrick Gold employees detained in Mali
Employees of the Loulo-Gounkoto mine were detained amid the government’s push for higher mining taxes.
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Podcast: US electorate supports more mining in the United States, ft Lot Sixteen’s Annie Gayman
This week’s episode features Annie Gayman, Vice President of Mining and Governmental Affairs at Lot Sixteen, discussing mining policy in the United States. Gayman highlights the dramatic shift in perspectives…
Aldebaran Resources stock hits high on copper-gold resource boost in Argentina
Aldebaran Resources (TSXV: ALDE, OTCQX: ADBRF) says a significant resource increase makes its Altar project in Argentina one of the world’s largest copper-gold deposits. Total measured and indicated resources came…
Vedanta to invest US$2B in Saudi copper projects
Vedanta Copper, a subsidiary of India’s Vedanta, has announced plans to invest US$2 billion in copper-processing facilities in Saudi Arabia, a fresh boost to the kingdom’s aspirations to establish itself…
Anglo American sells coal mines to Peabody for US$3.8B
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.