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…
Politics
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…
Insight: How mining companies can mitigate risks arising from a coup d’état
Coups d’états are on the rise in Sub-Saharan Africa. Since 2020, military coups (attempted or successful) have occurred in Mali, Chad, Burkina Faso, Guinea, Sudan, and most recently, Niger. The…
TSX wrap for week of July 24: Base metals rise, Global Atomic shares drop
Over the July 24-28 trading period, the S&P/TSX Composite Index lost 28.14 points or 0.14%, to 20,519.37. The S&P/TSX Global Mining Index added 1.13 points or 1% to 110.62 and the S&P/TSX…
Let business lead on energy transition, AusCan Forum hears, while Trudeau touts values
The world has a long way to go to meet net zero emissions targets, but resource-rich Australia and Canada are both well-positioned to help make it happen. During the 8th…
Ontario’s Building More Mines Act law will give more sway to experts over bureaucrats, says Pirie
Ontario’s new Building More Mines Act aims to drastically cut timelines of mine permits and plans to get operations opened faster, says Mines Minister George Pirie.Originally drafted as Bill 71,…
Investors flock to safety on rising risk around the globe
Prospective geology, reasonable costs, workable permitting and regulation regimes, and political stability rarely go together in a mining jurisdiction. That’s what makes mining such a high-risk, high-stakes business. Early entry…
Work to sideline Russia on nuclear fuel puts Cameco at centre stage
Cameco CEO Tim Gitzel first joined the company’s executive team in 2007 – the year that the uranium price peaked at a high of US$136 per lb., rising from less…
Chamber of Mines in Argentina’s Salta province speaks out against lithium nationalization
The Chamber of Mines in Argentina’s Salta province is pushing for the South American country to move away from proposals to nationalize its lithium resources. In an interview with the…