Brazil’s Lula to ‘demand’ Vale pay for mining disasters
The Brazilian President is expected to meet with Vale executives next week.
Politics
First Quantum shares gain after Panama orders copper mine audit
Shares in First Quantum Minerals (TSX: FM) rose 6.7% on Wednesday after Panama’s new president José Raúl Mulino said this week he would order an environmental study of the Cobre Panama…
Analysis: Rate cuts may boost mining M&A
As summer holidays beckon, investors typically exchange their screens for a beach. However, with increased volatility in the market and more rate cuts expected this month by both the Bank…
Get ready for more disputes about what’s ‘mine’ and theirs
Eleven years ago, The Northern Miner ran a story titled “How Mexico reclaimed its mantle as a top mining nation.” The piece recounted how the nation opened up investment and…
Biden administration blocks Ambler road in Alaska
The road would provide access to untouched deposits of copper, zinc, lead, silver, and gold in northwestern Alaska.
Dead Solaris deal has cash-strapped Canadian miners considering the door
Some of Canada’s leading mining law firms say their clients are considering leaving the country because the federal government’s clampdown on Chinese investment has closed off an important funding lifeline. …
NextSource looks to tap Saudi perks for US$280M graphite anode plant
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) says it will cost US$280 million to build a new graphite anode plant in Saudi Arabia for electric vehicles as the company expands globally. The…
Mexico to seek deal over disputed mining concession with Ganfeng
Less than a week after Ganfeng Lithium filed an arbitration case against Mexico over a cancelled lithium mining concession, outgoing President Andrés Manuel López Obrador said his government would seek…
Norway to award Arctic seabed mining blocks in 2025
The government announced the first licensing round for seabed minerals on the Norwegian continental shelf for public consultation.
Gold Reserve raising US$30M to bid for Venezuela’s Citgo in asset seizure dispute
Gold Reserve (TSXV: GRZ; US-OTC: GDRZF), an exploration company that’s still trying to collect on what it’s owed by Venezuela for a 2008 expropriation of its Brisas gold project, is…
China’s Ganfeng sues Mexico over lithium permit
China’s Ganfeng and two of its subsidiaries in Mexico have initiated an arbitration case against the country’s government over a cancelled mining concession for an advanced lithium project in the state…
Beaty optimistic on Mexico ahead of cross-Canada bike trip to Equinox Gold’s mine opening
Mexico’s new leader is an improvement while Canada should be careful in blocking Chinese investment, according to Ross Beaty, the Canadian Mining Hall of Famer who founded Pan American Silver…