MinRes founder Ellison forced out amid governance scandal
Chris Ellison will leave within 18 months as the board found he used company resources for his personal benefit and evaded taxes.
Regulatory Issues
Ecuador to reopen mining register for first time in over six years
Ecuador’s mining sector is following closely President Daniel Noboa’s recent decision to reopen and update the country’s mining cadaster within six months. The executive decree, signed last week, mandates the…
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
‘We’ve moved on,’ BHP says of failed Anglo bid, before walking back comments
BHP’s (ASX: BHP) leadership gave its clearest indication yet that it won’t make another bid for smaller rival Anglo American (LSE: AAL), but later walked back some comments about “moving…
AngloGold to close US$2.5B Centamin buy in November
Centamin (LSE: CEY) shareholders have voted in favour of AngloGold Ashanti’s (NYSE: AU; ASX: AGG; JSE: ANG) proposed US$2.5-billion takeover of the Egypt-focused gold miner. Centamin noted that the necessary…
US recycles over billion dollars in gold from electronics
The United States led all nations in terms of gold recycled from discarded electronics, according a new study by London-based metals trader The Gold Bullion Company. Using waste data from…
Space rock miner lands first US permit
AstroForge, a Los Angeles-based startup with plans to mine asteroids, received on Monday the United States Federal Communications Commission’s first-ever commercial license to operate in deep space. The move sets…
Atlas Lithium soars on Neves permit in Brazil
Once operational, annual lithium production at Neves is projected to reach 300,000 tonnes.
Gold Fields completes Osisko buy for ownership of Windfall
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) said on Monday it had completed the $2.2-billion acquisition of Osisko Mining, which makes it the sole owner of the Windfall project…
Li-FT secures mystery lithium investor
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF), which claims to have Canada’s third-largest maiden hard rock lithium resource, said this week that an unnamed investor is buying 9.99% of the company…
Adriatic Metals gets green light for new dry-stack tailings facility
Europe-focused Adriatic Metals (ASX: ADT; LSE: ADT1) has received government approval to begin building a mining waste storage facility for its Vares silver mine at the Veovaca site in Bosnia…
Arkansas lithium projects heat up with royalty battle, huge underground resource
As Arkansas contends with booming lithium discoveries and investments by ExxonMobil (NYSE: XOM), Albemarle (NYSE: ALB) and Standard Lithium (TSXV: SLI) among others, the state faces a battle over the amount of…