BHP cuts employee incentives by 20% globally – report
BHP (LSE: BHP; NYSE: BHP; ASX: BHP), the world’s largest miner is reportedly reducing by 20% short-term incentives offered for the 2023-24 fiscal year to all employees, the Australian Financial…
Canada
Orla files for arbitration against Panama and First Quantum could be next
Vancouver-based Orla Mining (TSX: OLA; NYSE: ORLA) has filed for international arbitration against Panama over the cancellation of permits for its Cerro Quema gold project. The company is seeking damages…
Site visit: Can Western Copper and Gold rise to its green challenges?
Near Carmacks, Yukon — Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) Casino project sits at the potential junction of a trans-Canadian green power conduit while promising metals needed for the…
Wesdome Gold drilling may extend Eagle mine in Ontario
Wesdome Gold Mines (TSX: WDO)says drill results expanded three underground zones at its Eagle River mine in northern Ontario as it considers extending its production life. In the Six Central zone,…
Gold, copper equities to rise, metals flat: analysts
Stocks in certain gold and copper producers are expected to gain this year even as a surge in the metals’ prices subsides, BMO Capital Markets says. Investors may seek attractive…
Rio Tinto unveils $375M more for world’s first carbon-free aluminum in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing $375 million more into the world’s first carbon-free aluminum smelting headed for initial commercial production by December in Quebec. This…
Endeavour Mining pours first gold at Lafigué mine
Endeavour Mining (TSX, LSE: EDV) has poured its first gold at the new Lafigué mine in Côte d’Ivoire only 21 months after it began construction, which is ahead of the…
YMP aims to bridge the mining talent gap with 45 scholarships
When Stephen Stewart first joined the mining world in the early 2000s, he stepped into an industry facing a yawning generational talent gap. Hoping to meet similar-aged peers, Stewart, who’s…
Analysis: Rate cuts may boost mining M&A
As summer holidays beckon, investors typically exchange their screens for a beach. However, with increased volatility in the market and more rate cuts expected this month by both the Bank…
Tracing global nickel production to its sources
Nickel is an essential component in electric vehicle (EV) batteries, solar panels and alloys for the aerospace industry. Nickel demand for EVs is projected to grow about 40 times by…
One person injured in accident at Victoria Gold’s Eagle mine
One person sustained non-serious injuries in the accident at Victoria Gold‘s (TSXV: GCX) Eagle mine in Yukon, which caused a landslide and potential cyanide leak, the second landslide this year,…
Arianne Phosphate’s US$1.7B Quebec project set to be major supplier
Arianne Phosphate (TSXV: DAN; OTCQX: DRRSF) says its US$1.7 billion Lac à Paul purified phosphoric acid (PPA) project could be the largest producer of the fertilizer and battery ingredient outside…