Panama mulls state miner to revive Cobre Panama
Panama is considering creating a government mining company to partner with First Quantum Minerals (TSX: FM) in a move that could reopen the shuttered Cobre Panama copper mine, Reuters reported…
Politics
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders rebuilt bets that Washington will…
Ex-De Beers chief leads bid for diamond giant
Anglo American (LSE: AAL) has selected a consortium led by former De Beers chief executive Gareth Penny as the preferred bidder to acquire its diamond business, according to Botswana’s government….
ETM battles Greenland over rare earth ‘expropriation’
Energy Transition Minerals (ASX: ETM) says Greenland has effectively seized one of the world’s largest rare earth deposits outside China by blocking development of the Kvanefjeld project and refusing to…
U.S. widens critical minerals lead over Europe: WSJ
The United States is outspending Europe in the race to secure critical minerals outside China, raising concerns that European manufacturers could remain dependent on Chinese supplies, The Wall Street Journal…
Malaysia probes Lynas’ Pentagon rare earths deal
Malaysia is scrutinizing Lynas Rare Earths’ (ASX: LYC) $96-million supply agreement with the U.S. Department of Defense after a parliamentary committee reviewed whether the deal could affect the country’s support…
Trump’s U.S. ‘gold dollar’ coin has no precious metal
President Donald Trump is to appear on a new U.S. one-dollar “gold coin” being issued for America’s 250th anniversary, despite the coin containing no gold or other precious metals. The…
Podcast: Greenland rare earths project in limbo amid government dispute, ft Daniel Mamadou
This week’s episode features Energy Transition Minerals managing director Daniel Mamadou in conversation with host Adrian Pocobelli about the status of the company’s Kvanefjeld rare earths project in Greenland. Mamadou…
Canada bets on digital hub to speed mine permitting
Canada is using a centralized digital platform to help accelerate reviews of major mining and infrastructure projects by giving regulators, companies, Indigenous communities and the public access to the same…
India to invest in foreign uranium mines
India’s state-owned power producer NTPC is looking to help finance overseas uranium mines to fuel the country’s plan to massively expand nuclear power generation in the coming decades. The world’s…
De Beers idles South Africa’s top diamond mine
De Beers will suspend production at its Venetia mine, South Africa’s highest-value diamond operation, for two years as the company cuts costs and streamlines its business to withstand a prolonged…
Canada’s 20-year mine timeline hits multibillion-dollar wall: report
Canada’s lengthy mine development process is putting billions of dollars in potential critical minerals investment at risk as competing jurisdictions move projects into production years faster, a new study suggests….