Panama to discuss First Quantum copper mine restart
Panama may open talks early next year with First Quantum Minerals (TSX: FM) on the possible restart of its shuttered Cobre Panamá copper mine. Commerce Minister Julio Moltó told local…
Regulatory Issues
Rio Tinto, partners score major tax break on Simandou
Rio Tinto (ASX, LSE: RIO) and its partners in Guinea’s Simandou iron ore project have reportedly secured corporate tax concessions worth more than half off the standard rate for key…
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Beaver Creek: Policy is the new geology, panel hears
Beaver Creek, Colo. – The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard on Tuesday at the Precious Metals…
Gold price hits record after Trump nixes tariff
The gold price hit a new high on Monday as the U.S. implemented a presidential order exempting key minerals including gold bullion, graphite, tungsten and uranium from tariffs. The White…
Burkina Faso seeks to ease investor concerns
Burkina Faso, Africa’s fourth-largest gold producer, is trying to reassure international miners that its request to acquire more of West African Resources’ (ASX: WAF) Kiaka gold mine is an option,…
Sweden to ditch uranium ban, unleashing giant projects
Sweden plans to remove a ban on mining uranium Jan. 1, boosting projects by District Metals (TSX-V: DMX; Nasdaq: DMXSE SDB; US-OTC: DMXCF) and Aura Energy (LSE: AURA; ASX: AEE),…
BC upholds $800,000 Anglo American penalty
British Columbia’s Environmental Appeal Board has upheld a ruling that handed Anglo American (LSE: AAL) an $800,000 (US$580,000) fine after it repeatedly failed to comply with its environmental permit at…
Kodal secures export permit for Mali lithium mine
Kodal Minerals (LSE: KOD) has secured an export permit for spodumene concentrate from its Bougouni lithium mine in southern Mali, clearing a key hurdle for the project’s first shipments. The…
World Gold Council proposes digital gold; price spikes
The World Gold Council has a new plan to allow investors to hold and trade digital versions of the yellow metal, issued on the same day the gold price set…
Brazil probes Anglo’s $500M nickel sale to China’s MMG
Brazil’s competition authority has launched an investigation into Anglo American’s plan to sell its nickel operations in the country to China’s MMG for up to $500 million. The probe, first…
Codelco warns Chile’s copper output may stall
Chile’s state-owned copper giant Codelco is warning that national production could stagnate at about 5.5 million tonnes per year as the industry faces mounting challenges. Chairman Máximo Pacheco said at…