DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Politics
Neo Performance opens Europe’s first REE magnet plant
Neo Performance Materials (TSX: NEO; US-OTC: NOPMF) has officially opened its $75-million facility in Estonia, becoming the first to mass produce rare earth magnets for Europe’s automotive and wind energy…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Atico secures $158M protection for Ecuador project
Atico Mining (TSXV: ATY, US-OTC: ATCMF) has inked an investment protection agreement (IPA) with the government of Ecuador for its La Plata mining project as it enters the final stages…
Ecuador casts doubt on Dundee’s Loma Larga
Ecuador’s President Daniel Noboa has requested further information on DPM Metals’ (TSX: DPM) Loma Larga gold project, handing responsibility for its approval or rejection to authorities in the southern province…
Canada fast-tracks Newmont, Foran projects
Canadian Prime Minister Mark Carney has named Newmont’s (TSX: NGT; NYSE: NEM) Red Chris copper-gold mine expansion in British Columbia and Foran Mining’s (TSXV: FOM) McIlvenna Bay copper project in…
Beaver Creek: ‘Paper gold is over’ as BRICS build dollar-free payments
Beaver Creek, Colo. – Canadian dealmaker Frank Giustra says the age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the U.S….
GoviEx Uranium, Niger pause Madaouela dispute
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) and the Niger government have agreed to extend a break in international arbitration over their Madaouela project clash by another six months. While the two…
Rio Tinto, partners score major tax break on Simandou
Rio Tinto (ASX, LSE: RIO) and its partners in Guinea’s Simandou iron ore project have reportedly secured corporate tax concessions worth more than half off the standard rate for key…
Beaver Creek: Gold, $50B copper deal bring reset
Beaver Creek, Colo. – Gold’s fresh record above $3,660 per oz. flashed along with the $50-billion (C$69-billion) Anglo American (LSE: AAL)–Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) merger announcement Tuesday…
Gold price hits record after Trump nixes tariff
The gold price hit a new high on Monday as the U.S. implemented a presidential order exempting key minerals including gold bullion, graphite, tungsten and uranium from tariffs. The White…
Burkina Faso seeks to ease investor concerns
Burkina Faso, Africa’s fourth-largest gold producer, is trying to reassure international miners that its request to acquire more of West African Resources’ (ASX: WAF) Kiaka gold mine is an option,…