First Quantum faces $20M monthly bill in Panama
First Quantum Minerals (TSX: FM) will spend about $20 million a month to maintain its idled Cobre Panamá copper mine under a recently approved care and maintenance plan. Roderick Gutiérrez,…
Politics
Mali court postpones ruling on Barrick mine
A Malian court has, for the third time, postponed a hearing on whether to place Barrick’s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto gold complex under provisional administration, Reuters reported on Monday. The…
Bolivian court pauses Chinese, Russian lithium deals
Bolivia’s plans to emerge as a major lithium producer have hit an impasse after a local court ordered the suspension of two major extraction deals signed last year valued at…
Japan floats rare earth cooperation with U.S.: report
Japan is looking to bolster its economic ties with the United States by establishing a partnership around critical minerals such as rare earths, local media reported. Japanese Prime Minister Shigeru…
Ontario First Nations slam mining-focused Bill 5
Environmental groups and some First Nations oppose Ontario’s Bill 5 to boost mining despite changes by Premier Doug Ford who calls it an opportunity of a lifetime. The proposed law,…
US Supreme Court rejects Apache appeal to block Rio Tinto’s Resolution mine
The U.S. Supreme Court declined on Tuesday to hear an appeal by the Apache Stronghold seeking to block the development of the Resolution Copper mine in Arizona. The mine is a joint…
Geopolitics to shape mining’s future: TNMG president
Industry stakeholders should view resource development in a global context because shifting geopolitical dynamics will increasingly determine mining, The Northern Miner Group President Anthony Vaccaro says. “We need to look…
Aus stockpile to tackle ‘distorted’ rare earths market
Rare earth and lithium producers are cautiously backing the Australian government’s proposed critical minerals strategic reserve, amid fresh details and ongoing concerns over its design. The federal Labor government, re-elected…
China rules critical mineral despite efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to navigate through high geopolitical tensions…
Friedland’s Ivanhoe Atlantic urges US to list iron ore as critical mineral
Mining billionaire Robert Friedland’s latest venture, Ivanhoe Atlantic, is reportedly lobbying the U.S. government to add high-grade iron ore to the country’s list of critical minerals. The move aims to…
Solaris lands $200M from Royal Gold
Canadian mining developer Solaris Resources (TSX: SLS; NYSE: SLSR) has secured a $200-million financing deal from streaming and royalty company Royal Gold (Nasdaq: RGLD) to advance its Warintza copper-gold project…
Canuck-backed Clarios to build $1B US plant
Clarios, the world’s largest manufacturer and recycler of low-voltage batteries, says it plans to invest up to $1 billion (C$1.39 billion) in a state-of-the-art critical minerals processing and recovery plant…