Kazakhstan exports most uranium in eight years
Kazakhstan, the world’s leading uranium producer, has reported its highest sales of the nuclear fuel since 2015 driven mainly by China’s increase in demand as it rivals France for the…
Politics
AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat
AngloGold Ashanti (NYSE:AU), the fourth-largest gold producer, is buying a stake in Guyana-focused G2 Goldfields (TSXV: GTWO; US-OTC: GUYGF) even as neighbouring Venezuela vows to seize the land where its…
Panama rejects Orla Mining request for permit extension
Orla Mining (TSX: OLA; NYSE: ORLA) said Monday that Panama’s government had rejected the company’s request for permit extensions at three mining concessions that make up its Cerro Quema gold…
Ex-FBI leader advises Fenix nickel mine in Guatemala after US drops sanctions
A former FBI director is helping a billion-dollar nickel mine in Guatemala reopen after United States sanctions shut it for alleged Russian bribery. Louis Freeh, who ran the bureau from…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Bluestone CEO grapples with activism in Guatemala as new president brings change
Lundin-backed Bluestone Resources (TSXV: BSR) wants to advance its Cerro Blanco gold project under Guatemala’s incoming reform-minded president but it faces anti-mining activists who don’t play by the same rules….
Panama orders First Quantum’s copper mine closure
Panama has asked First Quantum Minerals (TSX: FM) to halt its Cobre Panama copper mine following a Supreme Court ruling that declared the operation’s mining contract unconstitutional. President Laurentino Cortizo…
First Quantum to halt Panama mine this week if blockade goes on
First Quantum Minerals (TSX: FM) warned on Monday it would have to suspend operations at its controversial Cobre Panama copper mine, if an ongoing port blockade continues to impede the…
China’s control over key rare earths leaves US vulnerable: Report
The U.S. remains highly reliant on Chinese production of critical minerals, both directly through sourcing from China and indirectly due to the predominance of Chinese materials in global supply chains,…
First Quantum could seek arbitration over Cobre Panamá
First Quantum Minerals (TSX: FM) may want to send its on-again off-again battle with the Panama government over Cobre Panamá to international arbitration. That was the consensus from legal experts…
Explorers in Colombia keep spending amid Petro government’s leftist rhetoric
More than a year after Colombia’s leftist president Gustavo Petro took power, investment by public companies is rising along with their exploration activity, despite initial concerns the government would restrict…
Upcoming elections in near-bankrupt Argentina could finally unlock the country’s huge mineral projects
Food, energy and now minerals. In a world where competition for raw materials is only increasing, Argentina is blessed with an abundance of natural resources. But the country’s nationalist politics…