Chile open to modify copper royalty bill on miners objections
Chile’s government said it is open to further amend a controversial mining royalty bill expected to enter into force on next year, following mounting criticism of its impact on the…
Regulatory Issues
PDAC: Facing the challenges of mine decarbonization
The mining industry’s decarbonization journey is more akin to a twisting trail race than a straight road race, with uphill efforts, sharp turns and obstacles en route, miners said during…
Ottawa wants to shorten mine approval times by a third
Canada is aiming to cut four to five years off the time it takes for mining project approval, mainly by syncing federal and provincial requirements, Natural Resources Minister Jonathan Wilkinson…
Sibanye-Stillwater secures controlling stake in New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia’s New Century Resources (ASX: NCZ), which it’s attempting to acquire, to nearly 71%. The move comes…
PDAC: Energy transition presents Canada with mining windfall, says McKinsey’s Hoffman
The shift to green energy will demand the use of all metals, not just critical in a multi-trillion dollar industrial transition, said McKinsey’s Ken Hoffman at PDAC in Toronto on…
BC residents handed nearly $1M in fines for role in gold mining Ponzi scheme
The B.C. Securities Commission (BCSC) has handed out nearly $1 million in penalties to three local residents for their involvement in what it calls “an elaborate fraud” that promised investors…
Armenia approves restart of Amulsar gold mine
The government of Armenia has inked a US$250-million deal with Lydian Armenia, the company who owns the licence to operate the vast Amulsar gold mine, effectively allowing the resumption of…
Sibanye-Stillwater goes after Australia’s New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has launched an off-market takeover bid for Australia’s New Century Resources (ASX: NCZ), offering to pay $83 million for the shares it…
Glencore hit by fresh bribery-related suit in the UK
Glencore (LSE: GLEN) is facing a fresh lawsuit in the U.K. related to alleged losses to shareholders resulting from the mining and commodities trader’s involvement in bribery. Legal & General…
Amplats first female CEO leaves to join Newmont as COO
Anglo American Platinum (JSE: AMS) announced on Wednesday that its first female chief executive officer, Natascha Viljoen, is leaving the miner after three years to join Newmont Mining (TSX: NGT;…
Chile issues fresh measures against Lundin Mining for giant sinkhole
Chile’s environmental regulator SMA said on Wednesday it had issued fresh measures against a copper mine owned by Lundin Mining (TSX: LUN) after detecting new leaks around a sinkhole that…
Industry scolds U.S. for mining ban in Minnesota wilderness area
The mining industry is criticizing a United States government decision to remove a large swath of northeastern Minnesota from development for 20 years even as the administration promotes critical minerals…