DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Regulatory Issues
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Stibnite gold-antimony project OK’d for construction
Perpetua Resources (Nasdaq: PPTA; TSX: PPTA) can start building its $1.3-billion Stibnite gold-antimony project in Idaho next month after receiving a notice to proceed from the U.S. Forest Service on…
JV article: Q&A with SRK – How to make smarter mining decisions
From overpriced acquisitions to poorly timed divestments, companies have eroded shareholder value or triggered reputational fallout by misjudging the real worth – or risk – of an asset. That’s where…
Leo Lithium ends with $220M for shareholders
Australia’s Leo Lithium will sell its remaining assets and return at least A$330 million (US$220 million) to shareholders, with the terms of the capital return to be finalized in coming…
Brazil arrests mining agency head in corruption probe
Authorities in Brazil arrested the head of the country’s mining agency (Agência Nacional de Mineração, or ANM) as part of a wide-ranging federal operation targeting corruption, environmental crimes and illegal…
EnCore wins EPA backing for Burdock uranium project
EnCore Energy’s (Nasdaq, TSXV: EU) Dewey Burdock uranium project in South Dakota cleared a roadblock after the U.S. Environmental Protection Agency waived a petition by local communities challenging permitting decisions….
Ecuador casts doubt on Dundee’s Loma Larga
Ecuador’s President Daniel Noboa has requested further information on DPM Metals’ (TSX: DPM) Loma Larga gold project, handing responsibility for its approval or rejection to authorities in the southern province…
Alamos ends $1B fight in Turkey with $470M sale
Alamos is selling its Turkish subsidiary to Middle East-based Tumad Madencilik Sanayi, a unit of Nurol Holding.
Canada fast-tracks Newmont, Foran projects
Canadian Prime Minister Mark Carney has named Newmont’s (TSX: NGT; NYSE: NEM) Red Chris copper-gold mine expansion in British Columbia and Foran Mining’s (TSXV: FOM) McIlvenna Bay copper project in…
MMG’s $500M Anglo nickel deal faces EU doubts
China-backed miner MMG expects to secure European approval for its $500-million bid to buy Anglo American’s nickel assets, even as regulators question Beijing’s grip on critical mineral supply chains. Troy…
Beaver Creek: ‘Paper gold is over’ as BRICS build dollar-free payments
Beaver Creek, Colo. – Canadian dealmaker Frank Giustra says the age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the U.S….