Hudbay, unions reach deal for Arizona copper project
Canada’s Hudbay Minerals (TSX, NYSE: HBM) has reached a labour agreement with union leaders to construct the Copper World mine in Arizona. The agreement marks a key step in the…
United States
Pink sea pigs, transparent sea cucumbers discovered in area targeted by deep-sea miners
A Pacific research expedition found transparent sea cucumbers, bowl-shaped sponges and pink sea pigs among other species in the same area where The Metals Company (NASDAQ: TMC) wants to harvest polymetallic…
B2Gold nets US$90M stake in Versamet after royalty package sale
Canadian gold major B2Gold (TSX: BTO; NYSE-AM: BTG) has agreed to sell a portfolio of 10 precious and base metals revenue shares to Sandbox Royalties, to be renamed Versamet Royalties,…
Nevada Copper plunges as financing stalls
Nevada Copper (TSX: NCU; US-OTC: NEVDF) “significantly scaled down operations” at its Pumpkin Hollow mine after it failed to secure funding and two board members from its leading investor resigned. …
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Nevada King Gold drill testing scores high grades
Drilling at Nevada King Gold’s (TSXV: NKG; US-OTC: NKGFF) Atlanta project in the company’s namesake state has returned strong gold and silver results from three holes in the second stage…
Warren Buffett’s Berkshire partners with Occidental to extract lithium
The two companies formed a JV to produce high-purity lithium compounds from geothermal brine.
Editorial: Mining’s EV halo dims
It wasn’t supposed to be this way. Mining’s association with planet-saving electric vehicles (EVs) was supposed to make mining, if not cool, at least more acceptable. Maybe even virtuous. But…
Hecla’s Yukon unit fined $100,000 for chemical risks
Hecla Mining‘s (NYSE:HL) Yukon-based subsidiary has been hit with a $100,000 fine for overlooking certain environmental risks at its large silver mine situated 350 km north of Whitehorse, according to…
JV Video: Ecora Resources coal revenue rises as battery metals future beckons, CEO says
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Hecla CEO Baker resigns
Hecla Mining (NYSE: HL) president and CEO Phillips Baker is being replaced by chairman Catherine Boggs as the largest silver miner in the United States searches for a permanent replacement. Baker,…