Court approves $105M borrowing to fund Yukon Eagle mine cleanup
A court has raised PricewaterhouseCoopers’ (PwC) borrowing limit to $105 million to fund the cleanup of Victoria Gold’s Eagle mine in Yukon as costs are said to range from $100…
Regulatory Issues
Americans fund Fireweed’s NWT tungsten project
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) on Friday secured millions in U.S. and Canadian critical minerals project funding. The U.S. Department of Defense invested about US$15.8 million (about $22.5 million)…
Australia’s $281B nuke plan to change uranium mining
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($281 billion) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s…
Economics, not regulation, the main reason behind delay in BC’s mines, study shows
Contrary to popular perception, stringent regulation may not be the biggest factor behind the delay of mining projects in British Columbia, according to a new study published in the Royal…
GoviEx initiates arbitration against Niger in uranium permit dispute
GoviEx Uranium (TSXV: GXU; USOTC: GVXXF) is going to arbitration with Niger for revoking its permit on the feasibility-stage Madaouéla project, one of the world’s largest uranium developments. Niger’s military…
London Symposium: Beaty, McEwen, O’Toole urge mining firms to lead climate crisis fight
Sustainable mining must be the new normal to boost earnings and convince a skeptical public about the industry’s importance to combat global warming as the world enters a metals trade…
Quebec appeals ruling that scuttles online mapping claims due to Indigenous rights
In many mining jurisdictions across Canada, exploration companies can go online to a government-maintained web portal and designate on a map the claims they wish to explore. By clicking and…
London Symposium: Quebec out in front of green energy transition with support for tech, miners
Transitioning away from fossil fuel usage calls for greater collaboration between government and industry to meet the huge demands on critical minerals mining for producing low-carbon technologies. In Canada, the…
London Symposium: How new tech and sustainability can transform mining
Green technologies and sustainability-focused project strategies are helping the industry address risks earlier and build longer-lasting community ties, a London industry event heard this week. Better technologies, integrating artisanal miners…
China has ‘weaponized’ global critical mineral supply chain, US miners group says
China’s ban on U.S.-bound critical mineral exports is “mineral extortion,” Washington D.C.-based National Mining Association (NMA) president Rich Nolan said on Wednesday. The export ban announced a day earlier targets…
Botswana Diamonds granted environmental nod for Thorny River
Botswana Diamonds (LSE: BOD) said on Friday that South Africa’s Department of Mineral Resources and Energy had approved the environmental authorization for one of its two mining permit applications tied…
Lumina Gold secures ‘slightly better’ Ecuador terms with Cangrejos mining permit, analyst says
Lumina Gold (TSXV: LUM) has secured an exploitation permit with attractive financial terms from Ecuador, keeping its Cangrejos gold-copper project on track for a mid-2025 feasibility study. The contract includes…