China question clouds Nunavut road-to-port plan
A Chinese state-backed miner owns the remote Izok Corridor in Nunavut, one of the richest zinc deposits in the world, and the Canadian government has provided some financing for the…
Zinc
Ottawa eyes special status for Far North resource roads
The federal government is considering granting national interest status to the $2-billion Mackenzie Valley Highway and Grays Bay Road and Port initiative (GBRP), two northern transportation projects crucial to access…
Site visit: Blue Lagoon uses Dome cash to chase 1Moz
SMITHERS, B.C. – At Blue Lagoon Resources’ (CSE: BLLG; US-OTC: BLAGF) Dome Mountain mine, the morning meeting starts with safety and discussions about connection with the Yintah, or land. 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…
First Quantum sells Turkish mine for $340M
First Quantum Minerals (TSX: FM) will sell its Çayeli mine in Turkey to a company controlled by Cengiz Holding as the Canadian miner raises additional capital for its priority assets….
Lundin, BecomingX climb from deepest marathon to world’s highest
Standing at 4,200 metres high in Chile’s Atacama desert, the CEO and co-founder of education firm BecomingX takes a step forward from The World’s Deepest Marathon to begin a new…
Anglo American, Teck shareholders OK $53B merger
Anglo American (LSE: AAL) and Teck Resources (TSX:TECK.A | TECK.B) announced their shareholders on Tuesday approved a $53-billion merger vying to be the largest mining deal of the decade. The…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Appian secures $150M loan for Namibia mine expansion
Appian Capital Advisory has secured a $150 million debt facility from Standard Bank to complete the expansion of its majority-owned Rosh Pinah zinc mine (RPZ) in southern Namibia. The financing…
South32 sells Cerro Matoso nickel mine
Australian miner South32 (NYSE: SOUHY; ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million (C$136 million). South32 has entered a…
Vizsla raising US$100M to develop Panuco project
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) is raising about US$100 million ($138 million) to advance the exploration, drilling and development of its flagship Panuco project in western Mexico. The…
PDAC: Wilkinson presses critical minerals case; auto sector exempted from tariffs for a month
Canada’s energy and natural resources minister said the Trump administration must realize it could soon face taxed critical mineral exports from its northern neighbour in response to tariffs that began…