Petra Diamonds cuts threaten 1,800 jobs, union says
South Africa’s largest mining union says workers are being unfairly blamed for industry pressures as Petra Diamonds restructures its Finsch and Cullinan operations.
Regulatory Issues
Canada risks losing critical minerals infrastructure race, PwC warns
Canada risks losing its competitive edge in critical minerals, energy and other strategic sectors unless it accelerates infrastructure investment and project approvals, according to a new PwC Canada report. Canada…
Northern Star rejects Elliott push for company sale
Australia’s top gold miner is rebuffing activist pressure as leadership change and operational challenges weigh on performance.
Court reopens KSM approval fight
The B.C. Supreme Court has sent Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project back to the province after finding it failed to consult enough with the Tsetsaut Skii km…
GoGold approved to build $227M mine in Mexico
GoGold Resources (TSX: GGD) has received federal approval in Mexico to begin construction of its $227 million (C$316 million) Los Ricos South (LRS) underground mine in Jalisco state. Shares of…
Hoekstra casts Canada as key U.S. critical metals ally
QUEBEC CITY — Canada and the United States should deepen cooperation across critical minerals, energy, manufacturing, defence and Arctic development to build an “economic fortress” for North America, U.S. Ambassador…
KSM shows how difficult it is to build a mine in Canada
Canada still discovers giant gold deposits faster than it builds them and Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project in British Columbia’s Golden Triangle is one of them. KSM won provincial and federal…
Bunker Hill graduates to TSX
Investors and Bunker Hill Mining (TSX: BNKR; US-OTC: BHLL) management celebrated the company’s graduation to the TSX main board this month at the TMX Group’s Market Centre in Toronto. With…
Petra Diamonds sidelines Finsch mine, cuts jobs
Petra Diamonds (LSE: PDL) is placing its Finsch mine into business rescue and cutting jobs across its South African operations as collapsing diamond prices and a strong rand threaten the…
Canada fines ArcelorMittal most ever, $100M for Quebec water pollution
The Canadian mining unit of steelmaker ArcelorMittal (NYSE: MT) has been fined $100 million (US$72.5 million), the most ever by Ottawa, for polluting waterways in Quebec. The Court of Quebec…
Panama to release First Quantum copper mine audit
Panama plans to publish the final audit of First Quantum Minerals’ (TSX: FM) shuttered copper mine on Friday as anti-mining protests re-emerge and expectations grow over the government’s next move…
Colombia election could reshape copper investment
Colombia’s presidential election this weekend could determine whether one of Latin America’s most underexplored copper frontiers attracts billions in mining investment or sinks deeper into regulatory uncertainty and security turmoil….