Top miners’ reclamation obligations could surpass industry’s total debt by 2033
Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013.
Rio Tinto
Uranium Energy to buy Rio Tinto’s Wyoming assets for US$175M
Uranium Energy (NYSE-AM: UEC) has agreed to buy Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) uranium assets in Wyoming, which include the fully-licensed Sweetwater plant and a portfolio of…
Uranium Energy logs high-grade hits at Roughrider North deposit’s core in Saskatchewan
Drilling at Uranium Energy’s (NYSE: UEC) Roughrider project in northern Saskatchewan has hit high-grades that expand the northern end of the deposit’s core, the company reported Thursday. Hole RR-961, drilled…
Diamond finds could extend NWT’s Misery mine ‘well past 2026,’ Burgundy says
Results from summer drilling at Burgundy Diamond’s (ASX: BDM) Ekati mine in the Northwest Territories could help extend production at the underground Misery mine much longer than expected, the company…
Sovereign Metals touts ‘outstanding’ battery-grade graphite from Malawi project
Sovereign Metals (ASX: SVM; LSE: SVML) has reached a major milestone by confirming the battery-quality of graphite concentrate to be processed from its Kasiya project in Malawi. The Australian company…
Editorial: Mining-powered rockets vs dockets
As we look in the waning days of summer to the United States’ Southwest in this edition, it strikes us that there’s been a staggering number of days that only…
Chile shortlists six potential partners for Altoandinos lithium project
Enami aims to formalize a public-private partnership by March 2025.
Serbian president pumps brakes on lithium development after EU deal
Serbian top court ruled last month that the government’s decision in 2022 to revoke Rio Tinto’s permit for the Jadar project was unconstitutional.
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Star Diamond boosts Star-Orion resource, eyes 2026 feasibility
Star Diamond (TSE: DIAM) has upped resources at its Star-Orion South diamond project in Saskatchewan, after former joint venture partner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) returned its…
Chile copper, lithium mines rattled by 7.4 quake
A 7.4-magnitude earthquake hit northern Chile on Thursday night, 45 km outside San Pedro de Atacama, where the majority of the country’s vast copper and lithium mines are located. The…