Cleveland-Cliffs seeks US Steel with Nucor: CNBC
Cleveland-Cliffs (NYSE: CLF) is reportedly collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday. This development follows the Biden…
Regulatory Issues
Stillwater Critical Minerals scrambles for DoD dollars
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is exploring to boost its nickel-palladium project in Montana as it awaits word due this year on Defense Department funding. Glencore (LSE: GLEN),…
Canada knocks Trump’s claims of resource independence
Canada’s minister of energy and natural resources, Jonathan Wilkinson, has pushed back against U.S. president-elect Donald Trump’s recent claim that America doesn’t need anything from its northern neighbour as “simply…
Panama seeks public input on re-opening First Quantum copper mine
Panama’s government has kicked off a public consultation on an environmental audit of First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine. The Ministry of Environment (MiAmbiente) this week invited…
GoGold boosts Q4 production 36% as Los Ricos South in Mexico nears key decisions
Mexico-focused GoGold Resources (TSX: GGD; US-OTC: GLGDF) increased production at its Parral tailings operation by 36% last quarter, showing strong momentum as it heads into a transformative 2025. The legacy…
‘Sustained strength’ for gold in 2025: BMO
The outlook for gold remains strong this year based on continued central bank buying; the metal’s role as a hedge against inflation and higher-risk investment in artificial intelligence; and demand…
Gemfields faces 21% tax as Zambia restores export duty
Shares in Gemfields (LSE:GEM; JSE: GML) fell on Wednesday after the coloured gemstones miner said it faces a high tax bill in Zambia following the government’s decision to re-introduce a…
Hudbay seeks $210M Peru copper mine expansion OK
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) is seeking a permit to expand its Constancia copper mine in Peru’s Cusco region, including upgrades at the Pampacancha satellite pit. The US$210…
Sandfire America wins water rights ruling in Montana
Sandfire Resources America (TSXV: SFR) has received another positive court ruling in Montana regarding its leasing of mitigation water rights for the Black Butte copper project, which has been challenged…
Nioko’s buyout offer for Hummingbird to be declared unconditional
Nioko Resources’ £13.8 million ($24.6 million) takeover of Hummingbird Resources (AIM: HUM) has moved closer to completion, as the bidder announced its all-cash offer will be declared unconditional upon submission….
Hudbay gains all permits for Copper World in Arizona
Hudbay Minerals‘ (TSX, NYSE: HBM) proposed 85,000-tonne-per-year Copper World project in Arizona is now fully permitted for development after receiving all three key state-level approvals. The Arizona Department of Environmental…
London Symposium Video: Beaty, McEwen, O’Toole urge miners to fight climate crisis
The industry must embrace sustainable mining to convince a skeptical public about its role in combatting global warming, Ross Beaty, Rob McEwen and former Conservative Party leader Erin O’Toole say in…