Glencore to pay US$152M in bribery case
Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.
Politics
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
Serbian president pumps brakes on lithium development after EU deal
Serbian top court ruled last month that the government’s decision in 2022 to revoke Rio Tinto’s permit for the Jadar project was unconstitutional.
Brazil Indigenous groups face injunction for blocking railroad Vale uses
The miner has an injunction to release the Carajás Railroad, used to transport iron ore produced from the Northern System.
Best resource investing bets for a Trump or Harris win
Since the July 13 assassination attempt on Donald Trump in Pennsylvania, there’s been a proliferation of ‘Trump Trade’ ideas circulating across the media. Up until last week, a Trump re-election…
Ukraine seeks experts to revive war-ravaged steel sector
Ukraine is issuing a call for international mining experts to boost its steel industry accounting for about a tenth of the economy as the war crushes infrastructure and takes most…
Ontario First Nation seeks mining claims ban for now, and more consultation
A northern Ontario First Nations community, which opposes development of the Ring of Fire area and has fought pulp and paper mercury poisoning for decades, is taking the province to…
Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Rio Tinto mulls potential bid for Teck — report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is said to be studying potential takeover bids for smaller rivals, including Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified…
Canada’s resources not enough to ride energy transition wave: Ian London
London argues that Canada urgently needs to establish commercialization hubs to produce finished products like batteries, permanent magnets, and cathodes.
Is BC’s Haida agreement another ‘legal morass’ for mining?
British Columbia’s formal recognition of the Haida Nation’s Aboriginal title over a group of islands near the Alaskan panhandle is a reconciliation milestone. But it’s raising legal and economic questions…
Niger nixes GoviEx Uranium mining licence
Niger’s government revoked GoviEx Uranium‘s (TSXV: GXU; US-OTC: GVXXF) mining licence after it failed to start the Madaouela mine, one of the world’s largest projects for the nuclear fuel, by…