Ukraine issues tender for major lithium deposit
Ukraine is welcoming bids to develop a major lithium deposit in its central Kirovohrad region as part of a minerals deal with the United States, even as a legal dispute…
Regulatory Issues
SolGold shifts to Swiss HQ, fast-tracks Cascabel
Ecuador-focused SolGold (LSE: SOLG) has moved its tax domicile to Switzerland as it pushes its flagship Cascabel copper-gold project into development. The shift, effective August 28, includes the relocation of…
B.C. OKs Mt Polley copper-gold pit expansion
British Columbia has approved Imperial Metals’ (TSX: III) plan to deepen and extend the Springer pit at the Mount Polley copper-gold mine, adding about eight more years. The decision comes…
Burkina Faso’s nationalization rattles West Africa’s gold sector
Burkina Faso is accelerating its drive to nationalize natural resources, requesting this week to buy another 35% of West African Resources’ (ASX: WAF) Kiaka gold mine — a move that…
Alaska fast tracks permits with new fed deal
Alaska aims to move priority mining and oil-and-gas proposals faster through permitting after signing a new agreement with federal regulators. The FAST-41 cooperation with Alaska, the first state to do…
US adds copper, potash, silicon to critical minerals list
The U.S. government has added copper, potash and silicon to its draft list of critical minerals in the most significant overhaul since it was first published in 2018. The update, mandated…
Rare earth prices spike as US firm halts China trade
Prices of rare earth elements have surged to their highest level in more than two years after MP Materials stopped shipments to China, Reuters first reported. For the past three…
Vietnam lifts state monopoly on gold
Vietnam, the third-largest importer of gold in Asia, issued a decree on Tuesday abolishing its 13-year-old state monopoly on gold trading, causing a spike in local prices even as the…
China extends rare earth controls to imports
China has rolled out tighter controls on the mining and processing of rare earths by expanding its quota system to include imported materials and requiring enterprises to report on the…
Pan American locks $2.1B takeover of MAG Silver
Pan American Silver (TSX, NYSE: PAAS) has secured final regulatory approval to complete its $2.1-billion (C$2.9-billion) acquisition of MAG Silver (TSX, NYSE: MAG), cementing control over one of Mexico’s most…
Peabody nixes $3.8B Anglo coal deal
Anglo American’s (LSE: AAL) efforts to streamline its business have hit a major roadblock after Peabody Energy (NYSE: BTU) scrapped a $3.8-billion (C$5.27-billion) deal to acquire its Australian metallurgical coal…
China’s rare earth exports jump
China’s exports of rare earth products surged in July to levels not seen since January, underscoring Beijing’s easing of export restrictions and tensions with the U.S. Volumes rose 69% to…