ICMM members paid US$23.7B in taxes in 2020
The 28-members of the International Council on Mining and Metals (ICMM) reported total tax payments of US$23.7 billion in 2020, an effective tax rate of 39.7%, and an increase of…
United States
JV Article: Summa Silver exploration in Southwestern US revives historic silver-gold camps
In the spring of 2020, when many mines around the world were grinding operations to a halt, a group of seasoned exploration geologists saw an opportunity to acquire assets in…
Barrick, NovaGold to update $7.4B Donlin feasibility
Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG; NYSE: NG), 50:50 owners of the Donlin gold project are working on an updated feasibility study, scheduled for release…
Renewables adoption speed still too slow to limit climate crisis — IEA
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…
Report: Large gold miners contributed US$38B in GDP to local economies in 2020
Large scale gold miners make a big contribution to local economies, with a research report released by the World Gold Council today putting some numbers to that contribution. According to the report, The Social and Economic…
UPDATED: Capstone Mining, Mantos Copper to merge
Canada’s Capstone Mining (TSX: CS) and Chile-focused Mantos Copper, run by British investment firm Audley Capital Advisors and Orion Mine Finance, are merging to form a new copper producer called Capstone Copper….
Palladium ETF tops US$100M in AUM for the first time
A substantial influx of interest from institutional investors and wealth management allocations has pushed the Global Palladium fund (GPF), an exchange-traded fund created by Russia’s Norilsk Nickel, above US$100 million…
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
More than US$2 trillion investment needed to meet IEA hydrogen targets
More than US$2 trillion of investment would be required in equipment and infrastructure to sustain the accelerating global momentum towards establishing hydrogen as a competitive element of a net-zero carbon…
New World Resources reports first resource for Antler project in Arizona
Australia’s New World Resources (ASX: NWC) has wasted little time since signing an option agreement in January 2020 to earn 100% of the Antler copper project in northwestern Arizona. The…
Standard Lithium gets US$100 million investment from Koch
Standard Lithium is also exploring opportunities to work with several Koch Industries subsidiaries in key areas of alignment with the its project development needs.
GMS: Trent Mell on the green energy revolution and the problem with supply chains
The continuing interest in the battery sector was the focus of an in-depth discussion on the second day of The Northern Miner’s Q4 Global Mining Symposium, as the executive editor…