Sibanye pays Appian $215M to settle dispute
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has agreed to pay $215 million to settle its dispute with Appian Capital Advisory over its cancelled purchase of two of the firm’s Brazilian assets….
Nickel
Deep Sea Rare Minerals seeks US seabed licences
Deep Sea Rare Minerals (DSRM), the parent company of autonomous underwater vehicle operator Deep Sea Vision, has applied for subsea mineral exploration licences with the U.S. National Oceanic and Atmospheric…
US plan to boost Africa mining ties needs work: analyst
Recent United States initiatives aimed at developing closer ties with resource-rich African countries to break China’s stranglehold on critical minerals processing are still a long way from paying off, according…
Canadian federal budget promises billions for mining
Canada’s Liberal government plans to form a $2-billion sovereign fund for critical minerals, earmark hundreds of millions in mining industry spending and widen exploration tax credits to a dozen other…
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
EU urged to boost critical minerals push
The European Union must ramp up support for its critical minerals sector and allow greater state intervention to counter China’s rare earth export curbs, the European Initiative for Energy Security…
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Government equity in miners becomes U.S. norm
The Trump administration is ratcheting up government ownership in mining companies that are nominally Canadian, raising questions about whether Ottawa plans similar investments. Trump has ordered his Department of War…
New Ontario rules aim to speed up mine approvals
Ontario has introduced rules designed to cut mine approval times by half – a move that Energy and Mines Minister Stephen Lecce insisted will make the province more competitive in…
Vale drops plan to build Quebec nickel sulphate facility
Brazilian miner Vale (NYSE: VALE) has scrapped plans to build a C$325 million ($231 million) nickel sulphate facility in Quebec after its sole client put an expansion project on ice….
Copper Mark to unify ESG standards for metal producers
Sustainability organization Copper Mark is moving to develop a single mining standard across various metal supply chains and form a new board with wider representation. The U.K.-based organization released on…
Podcast: ‘Take some profits’—Jay Martin on gold stocks, US mining investment
This week’s episode features Vancouver Resource Investment Conference (VRIC) and VRIC Media president and CEO Jay Martin in conversation with host Adrian Pocobelli on the ongoing bull market in gold…