Panama has lost $3.5B from mine halt: First Quantum
First Quantum Minerals (TSX: FM) said the suspension of its Cobre Panamá copper mine has cost Panama an estimated $3.5 billion in lost economic contribution over the past two years,…
Politics
Colombia pushes Glencore on Cerrejón closure plans
Colombia is pressing Glencore (LSE: GLEN) to begin planning now for a post-coal future at its Cerrejón mine, setting up a high-stakes debate over whether one of the world’s largest…
Trump leaves Beijing with no rare earth deal confirmed
U.S. President Donald Trump left Beijing on Friday without securing a breakthrough agreement on rare earths despite labelling the visit as a “success” and offering warm words for his Chinese…
Milei OKs Lithium Argentina’s $1.24B growth under RIGI
A $1.24-billion (C$1.7 billion) expansion of Lithium Argentina’s (TSX, NYSE: LAR) Cauchari-Olaroz mine is one of two mining projects approved by Buenos Aires under the country’s large investment incentives program….
Honda halts $15B Ont EV plant amid losses
Honda is indefinitely suspending its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, following the expansion project’s potential postponement first reported last week in Japanese media. The move marks…
Government funding now a plus not a burden, miners say
In the West’s efforts to catch up with China’s lead in critical minerals development, more companies are warming to government financing than in previous years when governments were regarded as…
Podcast: Thermal coal back in spotlight amid oil supply concerns, ft Bloomberg Intelligence’s Alon Olsha
This week’s episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli about recent developments in the thermal coal market. Olsha…
India tries ‘unusual move’ to stop gold buying as Iran war bites forex
Indian Prime Minister Narendra Modi has asked Indians to stop buying gold jewellery for a year in a bid to protect foreign-exchange reserves, a move that could ripple through global…
Blast from the Past: US deals blow to Canada over uranium contracts, Nov. 1959
Canada had become the world’s top uranium producer by 1958, with exports of the metal surpassing all others in value as Cold War demand surged. Boomtowns such as Elliot Lake,…
BC miners wary of First Nation court rulings
British Columbia’s mining industry says the province is gaining momentum on major projects, but warned that regulatory uncertainty linked to Indigenous rights court rulings and rising costs could jeopardize future…
Gold price drops from two-week high
Gold set a two-week high before noon Thursday on optimism over a U.S.-Iran peace deal before losing most of its gains late in the North American trading day. Spot gold…
Honda drops $15B Ont. EV plant: reports
Honda is indefinitely shelving its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, a setback for Canada’s ambitions to build a domestic EV supply chain as demand cools and…