Top 50 mining companies power through Iran war – up $250 billion in 2026
At the end of the first quarter the MINING.COM TOP 50* ranking of the world’s most valuable miners had a combined market capitalization of $2.41 trillion, up $250 billion so…
Glencore
South America’s rightward shift lifts mining
Colombia’s May 31 presidential election will test whether Latin America’s shift towards more market-friendly governments can deliver a more reliable environment for mining investment, with polls showing a left-leaning candidate in the lead. The…
Glencore seeks Canada funding for copper smelter
Glencore (LSE: GLEN) said it’s seeking Canadian government funding to modernize its copper processing plants in Quebec – including the century-old Horne smelter and a sister refinery in Montreal. The…
Moonshot puts global metals scramble on display
Artemis II is set to lift off tomorrow, spotlighting the geopolitical race for the metals behind modern spaceflight. The flight around the Moon, without landing, will carry astronauts aboard the…
Quebec may delay Horne smelter emissions targets
Quebec has opened the door to giving Glencore (LSE: GLEN) more time to ensure that its Horne copper smelter — the only one of its kind in Canada — complies…
War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Freeport seeks permit for $7.5B Chile copper expansion
U.S. miner Freeport-McMoRan (NYSE: FCX) has begun the environmental permitting process for a $7.5-billion expansion of its majority-owned El Abra copper mine in Chile. The project, owned 51% by Freeport…
Congo to OK first mine sale in US deal
The Democratic Republic of Congo (DRC) is reportedly ready to approve the sale of Chemaf to U.S.-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation…
How Canadian mining can be great again
The mining and metallurgy industry has undergone a profound transformation since 1905, when Canada was producing six key metals – iron, copper, nickel, lead, aluminum and zinc – largely for domestic use. By the…
Canada’s weakness lies beyond the mine gate, MPs hear
Canada’s critical-minerals fragility lies more with what happens after ore leaves the ground than the ore in the ground, witnesses told a parliamentary panel this week. In the House defence…
PDAC: Ex-Resolute CEO chills out in Arctic after Mali nightmare
When Terry Holohan was confined for 13 days in Mali by junta officials seeking millions from the company he led, Resolute Mining (ASX, LSE: RSG), he had reason to wonder…
Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a…