China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Asia
Anglo Asian mines first ore from Gilar
The Gilar underground deposit is part of Anglo Asian’s Gedabek operation in Azerbaijan.
DRC to slap export quotas on cobalt
The Democratic Republic of Congo (DRC), the world’s largest cobalt producer accounting for three-quarters of output, plans to place export quotas on the battery metal after setting a four-month ban…
China boosts exploration funding: Financial Times
China is boosting state support for domestic mineral exploration in an effort to secure dominance in the resource sector amid rising competition from Western rivals, the Financial Times reported on…
PDAC 2025 JV video: AMC Consultants warns juniors ‘complacency could prove costly’
Consulting engineering firm AMC Consultants advises companies on cutting costs and streamlining operations to withstand economic and policy pressures, regional manager Gene Tucker said. He warned that “complacency could prove…
Baru Gold plunges after investment deals break down
Shares of Baru Gold (TSXV: BARU, OTCQB: BARUF) plunged on Monday after the junior miner announced that both of its previously agreed investments would not go through, leaving it once again in…
Energy Fuels teams with Korea’s POSCO on rare earths
Energy Fuels (NYSE-A: UUUU; TSX: EFR) has partnered up with South Korea’s POSCO with a view of establishing a non-China rare earth elements (REE) supply chain for electric vehicles (EV)…
Tariffs, uncertainty, driving nations to tighten grip on critical minerals
Verisk Maplecroft’s Resource Nationalism Index shows a record risk increase in 47 countries since 2020.
PDAC: Foreign seizures spotlight legal vigilance
Resource nationalism abroad is hiking costs for miners and showing how they need solid agreements and recourse avenues, lawyers said at the Prospectors and Developers Association of Canada (PDAC) conference….
Video: China fuels EV battery boom as per-unit capacity nears peak, Adamas says
Electric vehicle battery capacity could hit a record one terawatt-hour this year, according to Frik Els, a battery metals expert at Adamas Intelligence. Analysts expect China to use 60% of…
PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
PDAC: Insurance motive to keep pushing up gold prices
Insurance from currency devaluation is the main reason countries such as China are buying gold, driving up its price, panellists told the Prospectors and Developers Association of Canada conference. The…