Vale to shut New Caledonia mine as buyer walks away
Vale (NYSE: VALE) is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia, after failing to reach a sales agreement on the…
South America
Too many tools adds risk to mining operations, says IsoMetrix’s Robin Bolton
A new set of guidelines has been released called the Global Industry Standard on Tailings Management to help strengthen mining practices, with the goal of zero harm to people and…
TSX Venture declines, Aug. 31-Sept. 4
The S&P/TSX Venture Exchange was down 1.56% to 733.69. Spot gold fell 1.5%, or US$29.50 per oz., finishing the week at US$1,934.80 per ounce. Shares of Cornerstone Capital jumped $1.24…
‘Dividends create a financial discipline’: Yamana’s Peter Marrone on how to run a gold company at the Global Mining Symposium
Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company’s assets, its strategy, and his views…
‘Get creative’: Elim Mining’s John Antwi on copper fundamentals at the Global Mining Symposium
Mining executive John Antwi, president and director of privately held Elim Mining, spoke about the copper market on the third day of The Northern Miner’s Global Mining Symposium. Antwi and…
EU adds lithium to critical raw materials list
The European Union has added lithium, used in batteries that power electric vehicles (EVs), to a list of critical materials as part of a strategy to reduce its reliance on…
BHP to mine Australian coal using greener energy
BHP (NYSE: BHP; LSE: BHP) said this week it had inked a deal to support the development of new solar and wind farms in Australia’s Queensland state as part of…
Ecuador court rejects INV Metals’ referendum request on Loma Larga
Ecuador’s Constitutional Court has struck down a request for a referendum on mining activities at INV Metal’s (TSX: INV) Loma Larga underground mine project in Azuay province’s Cuenca canton, the…
Lithium Americas completes JV restructuring
Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Caucharí-Olaroz lithium project under development in Jujuy, Argentina. As…
BHP plans ‘very tangible actions’ on carbon emissions
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company’s operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday….
Vale opens iron ore grinding hub in China
Vale (NYSE: VALE) has begun producing high-grade iron ore fines for pelletizing at its new 3-million-tonne-a-year grinding hub at China’s Shulanghu Ore Transfer Terminal. The unit, a partnership with Ningbo…
SQM posts record output, builds inventories
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand for the metal used to…