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…
Politics
Gold price rebounds on US-Iran deal hopes
Gold bounced back on Wednesday to approach a two-week high, as optimism over a U.S.-Iran peace deal eased concerns over inflation and an extended period of high interest rates. Spot…
Dominican Republic halts GoldQuest gold-copper project after protests
Dominican Republic President Luis Abinader has ordered a suspension of all activity at GoldQuest Mining’s (TSX-V: CQC) Romero gold-copper project after mass protests over environmental risks Thousands of demonstrators marched…
Ottawa’s $6B skills push pits miners vs builders
Ottawa’s $6-billion (US$4.4-billion) push into skilled trades aims to ease a looming labour crunch, but it’s uncertain how much of the spending will reach mining – an industry already scrambling…
Pakistan separatists unravel Barrick’s Reko Diq plans
Militant attacks in Pakistan’s Balochistan province are emerging as a central risk to the U.S.-backed resources push anchored by Barrick Mining’s (TSX: ABX; NYSE: B) Reko Diq copper-gold project. The…
Ontario to axe early-stage red tape, Lecce says
Ontario is preparing legislation this year to slash red tape on early-stage projects as it shifts its minerals strategy towards defence metals and backs Toronto’s bid to host a Nato bank, Energy and Mining Minister…
Will Iran war fuel nuclear reactor construction?
The war in Iran could usher in a wave of nuclear reactor construction similar to the one that followed the 1970s energy crisis, Cameco (TSX: CCO; NYSE: CCJ) President and…
Canada positioned for $200B clean energy boom, but faster approvals needed: report
Canada is well positioned to capture up to $200 billion in clean energy investments over the next decade, but how much of that opportunity gets captured will depend on system…
China tightens rare earths grip with strict enforcement
China has strengthened its control of rare earth production through new rules invoking penalties for quota violations, reinforcing Beijing’s grip on the supply of minerals underpinning the world’s advanced technologies….
Trump reverses Minnesota mining ban
United States President Donald Trump overturned a 2023 decision by the Biden administration that had placed a 20-year ban on mining and geothermal leasing across more than 910 sq. km…
Chile bill targets mining boost, tax cuts, permit speed but revisions likely
Chile has introduced sweeping legislation to revive growth and unlock mining investment through tax cuts, labour incentives and faster permitting. The core of the National Reconstruction and Economic Development Bill,…
China, Ecuador sign $1.7B deal on gold project
Ecuador has signed a $1.7-billion (C$2.32-billion) mining contract with China’s CMOC Group for the Los Cangrejos project, one of the country’s largest gold deposits, a move that could establish a…