Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Stock Markets/Investing
Would Canada allow Rio Tinto to buy Teck? Miners aren’t so sure
The federal government’s attempt to clarify its rules for foreign investment in mining is instead causing more confusion as the industry grapples with changing rules under the Investment Canada Act. …
Friedland warns of copper ‘crisis’ as mine costs soar
Boca Raton, Fla. – Miners and analysts gathered this week in a sweaty beach city in southeast Florida to ponder why the industry gets the cold shoulder from most investors. Copper…
Ramp Metals plunges after new gold assays in Saskatchewan
Ramp Metals (TSXV: RAMP) shares fell 25% on Monday after it reported assay results from its Rottenstone SW project in Saskatchewan that were a fraction of the mineralization in a…
How critical minerals tie into the AI boom
Most investors don’t make a connection between tech and mining. But mining supplies the raw materials for the semiconductor industry, which is in the midst of a huge growth spurt. …
Niger nixes GoviEx Uranium mining licence
Niger’s government revoked GoviEx Uranium‘s (TSXV: GXU; US-OTC: GVXXF) mining licence after it failed to start the Madaouela mine, one of the world’s largest projects for the nuclear fuel, by…
Rio Tinto puts $16.9M into graphite developer Sovereign
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing A$18.5 million ($16.9m) to increase its stake in Australia’s Sovereign Metals (ASX: SVM; LSE: SVML), which is advancing the Kasiya rutile-graphite…
Gold, copper equities to rise, metals flat: analysts
Stocks in certain gold and copper producers are expected to gain this year even as a surge in the metals’ prices subsides, BMO Capital Markets says. Investors may seek attractive…
Get ready for more disputes about what’s ‘mine’ and theirs
Eleven years ago, The Northern Miner ran a story titled “How Mexico reclaimed its mantle as a top mining nation.” The piece recounted how the nation opened up investment and…
Dead Solaris deal has cash-strapped Canadian miners considering the door
Some of Canada’s leading mining law firms say their clients are considering leaving the country because the federal government’s clampdown on Chinese investment has closed off an important funding lifeline. …
Petra cuts latest sign of a down diamonds market
Petra Diamonds (LSE: PDL) has revised its guidance for the next two fiscal years and appointed a new finance leader as part of its plans to lower expenses and debt…
Victoria Gold must rapidly secure landslide site: expert
Victoria Gold (TSXV: GCX) must quickly stabilize its Eagle gold mine site to prevent another landslide and a spill to neighbouring property, a landslide expert says. The company suspended operations and…