Skyharbour, Denison strike $61.5M pact
Skyharbour Resources (TSXV: SYH) has formed four joint ventures with Denison Mines (TSX: DML; NYSE-A: DNN) at its Russell Lake uranium project in Saskatchewan’s Athabasca Basin. Denison plans to invest…
Intelligence
Ottawa, Manitoba boost Churchill for mineral trade
Ottawa and Manitoba are increasing support for the Port of Churchill to advance rail upgrades, add critical minerals storage and push a northern export corridor for Canadian miners. The joint…
Gold Fields doubles Windfall capex to $1.9B
Gold Fields (NYSE, JSE: GFI) says developing the Windfall gold project in Quebec still makes sense even though it may cost more than double a 2022 estimate. The company expects…
JV Q&A: How Seequent eases mining’s new complexity
Mining faces an intriguing set of new supply and demand curves, from copper shortages driven by AI data centres to the nuclear comeback lifting uranium’s prospects. Staying ahead now means…
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…
Banks, investors pumped $52B into met coal between 2022 and 2024: report
German environmental and human rights group Urgewald has found how major financial institutions continue to bankroll the metallurgical coal industry, funnelling nearly $52 billion into mine expansions between 2022 and…
Anglo draws Botswana into $5B De Beers sale talks
Anglo American (LSE: AAL) CEO Duncan Wanblad said Botswana’s government will join negotiations with one or two shortlisted bidders for De Beers, as the mining giant moves to sell its…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Panama to discuss First Quantum copper mine restart
Panama may open talks early next year with First Quantum Minerals (TSX: FM) on the possible restart of its shuttered Cobre Panamá copper mine. Commerce Minister Julio Moltó told local…
Burkina Faso seeks to ease investor concerns
Burkina Faso, Africa’s fourth-largest gold producer, is trying to reassure international miners that its request to acquire more of West African Resources’ (ASX: WAF) Kiaka gold mine is an option,…
Burkina Faso’s nationalization rattles West Africa’s gold sector
Burkina Faso is accelerating its drive to nationalize natural resources, requesting this week to buy another 35% of West African Resources’ (ASX: WAF) Kiaka gold mine — a move that…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…