DRC rail line may get $1B from U.S. finance agency
The United States may offer as much as $1 billion to revamp a rail line in central Africa that could help facilitate critical minerals shipments from the Democratic Republic of…
Regulatory Issues
Pan American grabs 14.7% stake in Galleon Gold
Pan American Silver (TSX, NYSE: PAAS) has taken a 14.7% stake in Galleon Gold (TSX-V: GGO) after buying 18.75 million units in the explorer and developer via private placement. The…
London Symposium: Artisanal mining growing in South America, Pan Am Silver exec says
Pan American Silver (TSX, NYSE: PAAS) is working with small-scale miners in Peru to help them raise production standards and sell their gold to central banks – an effort that isn’t…
SolGold rejects Jiangxi takeover amid copper frenzy
The copper miner said it was second takeover approach from Jiangxi Copper in less than a week.
Anglo-Teck deal gets Canada security OK: report
Canada’s federal government has cleared Anglo American’s (LSE: AAL) proposed combination with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) on national security grounds, The Globe and Mail reported, citing an…
Canada orders security review of Anglo-Teck merger
Canada has launched a national security review of the proposed merger between Anglo American (LSE: AAL) and Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Industry Minister Melanie Joly said on…
Sahel talks spur West African Resources’ ASX return
The Australia Stock Exchange reinstated West African Resources’ (ASX: WAF) shares after the company reported progress in discussions with the Burkina Faso government, which has sought to nationalize natural resources….
Fortescue ends court dispute with former execs
Australia’s Fortescue (ASX: FMG) has agreed to settle its high-stakes lawsuit accusing former executives of stealing company data to build their green iron start-up Element Zero. The iron ore miner had…
Kimberley Process stalls again on conflict diamonds
The Kimberley Process (KP) has failed for a third straight year to agree on an expanded definition of conflict diamonds after a five-day plenary in Dubai. Delegates from 86 member…
UK to meet 30% of critical mineral needs by 2035
Britain plans to lift the share of critical minerals it gets from domestic mines and recycling to 30% by 2035, up from about 6% today, under a new 10-year strategy…
NGOs urge DPM Metals to exit Loma Larga in Ecuador
Toronto-based DPM Metals (TSX, ASX: DPM) faces renewed pressure to abandon its stalled $600-million (C$845-million) Loma Larga gold-copper project in Ecuador. About 100 civil society groups and 48 academics, Indigenous…
Northern Graphite halts operation for repair
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) says it has temporarily halted its Lac des Iles (LDI) mine and mill to address an unexpected equipment issue and advance planned maintenance and…