Meridian raises $34M in London market debut
Fresh capital strengthen Meridian’s push to turn its Cabacal project in Brazil into a cornerstone copper-gold asset.
Regulatory Issues
South32 shocks market with Arizona cost blowout
South32 (ASX: S32) stunned investors on Thursday after raising costs and delaying development of the Taylor deposit at its Hermosa zinc-silver project in southern Arizona, casting doubt on the standout…
China tightens rare earths grip with strict enforcement
China has strengthened its control of rare earth production through new rules invoking penalties for quota violations, reinforcing Beijing’s grip on the supply of minerals underpinning the world’s advanced technologies….
Brazil’s largest bauxite producer nets licence to extend Glencore, Rio Tinto-backed project
Mineracao Rio do Norte (MRN), Brazil’s largest bauxite producer, has secured a key installation licence for its Novas Minas project, which seeks to extend operations in Pará state to 2041….
RCMP charges gold explorer ex-CEO with alleged mini-Bre-X fraud concerning assays
The RCMP has charged the former CEO of RPX Gold (TSXV: RPX; US-OTC: RDEXF) with fraud and forgery in connection with allegedly manipulated mining assay data that inflated the company’s…
First Quantum loss widens on costs, copper output
First Quantum Minerals (TSX: FM) reported a wider first-quarter loss as higher operating costs and weaker copper production weighed on results, despite raising its full-year output guidance. The company posted…
Boroo eyes buying landslide-scarred former Eagle gold mine in Yukon
Private investment holding company Boroo could be preparing to buy the former Eagle Mine site in Yukon, almost two years after a landslide forced its closure. The firm has entered…
Trump reverses Minnesota mining ban
United States President Donald Trump overturned a 2023 decision by the Biden administration that had placed a 20-year ban on mining and geothermal leasing across more than 910 sq. km…
Chile bill targets mining boost, tax cuts, permit speed but revisions likely
Chile has introduced sweeping legislation to revive growth and unlock mining investment through tax cuts, labour incentives and faster permitting. The core of the National Reconstruction and Economic Development Bill,…
China, Ecuador sign $1.7B deal on gold project
Ecuador has signed a $1.7-billion (C$2.32-billion) mining contract with China’s CMOC Group for the Los Cangrejos project, one of the country’s largest gold deposits, a move that could establish a…
Rare Earths Americas seeks $368M IPO valuation
Rare Earths Americas said on Tuesday it is targeting a valuation of up to $368 million in its initial public offering in the United States, banking on investor demand for…
Barrick names North America team ahead of IPO
Barrick Mining (TSX: ABX; NYSE: B) announced on Tuesday the members of the new executive leadership team for its North American operations as the miner advances plans to pursue an…