Panama orders suspension of First Quantum’s giant copper mine
Panama’s government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for a new contract with the…
2022
Eldorado Gold board okays Skouries gold-copper project restart
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece. The…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
Snow Lake investor battle brings raw energy to Manitoba lithium project
A shareholder rift over millions of dollars in executive pay at Snow Lake Resources (NASDAQ: LITM) is rattling the explorer’s plans to develop a lithium project in northwest Manitoba. Management…
Barrick Gold to go ahead with US$7B Reko Diq project
Barrick Gold (TSX: ABX; NYSE: GOLD) is going ahead with construction of its Reko Diq copper and gold project in Pakistan after the country’s top court cleared the path for…
Marimaca Copper stock rises as company drills first significant sulphides in Chile
Marimaca Copper (TSX: MARI) revealed on Thursday the sulphide potential of its Marimaca oxide deposit (MOD) in Chile, with drill hole MAD-22 returning 92 metres at 2.11% total copper from…
First Quantum Panama copper mine deadline passes without a deal
The government of Panama has rejected a last-minute proposal by First Quantum Minerals (TSX: FM) to amend its US$375 million a year royalty agreement, casting the operation of the Cobre…
Fortescue ups stake in Candente Copper with $4M investment
Australian miner Fortescue Metals Group (ASX: FMG) is investing a further $4 million (US$2.9 million) in Candente Copper (TSX: DNT), which will increase its stake in the Canadian junior from 19.4% to 25.4%….
ESG and mining debate: cultish activism vs. modern business sense
Are environmental, social and governance (ESG) guidelines the bible of a shadowy priesthood of consultants, or are they just good for business? Those two sides took shape during an online…
The view from England: Coal mine approval a seasonal gift from UK government
Gifts have been exchanged in England during December since before the building of Stonehenge 5,000 years ago. Back then our Neolithic ancestors were celebrating the midwinter solstice (Dec. 21) with…
Bunker Hill meets underground milestone, preps for mechanized mining
Bunker Hill Mining (CSE: BNKR, OTCQB: BHLL) has completed its underground development ‘breakthrough’ down to the sixth level of its zinc-lead-silver mine in Idaho. The old maintenance shop was demolished…
Frontier Lithium’s drilling at Spark pegmatite continues to return robust grades
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has released results for seven more drill holes at its Spark pegmatite, part of its PAK lithium project in Ontario. The highlighted drill hole…