Anglo’s stumbles have made it prey for mining’s biggest predator
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day.
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Visit: 24
Mining stoppage adds to Eramet’s New Caledonia woes
Eramet subsidiary SLN’s nickel mining operations in northern New Caledonia have been suspended, adding to difficulties at the loss-making business that saw a slide in first-quarter output.
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Visit: 13
China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s Tietto Minerals has become unconditional.
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Visit: 54
Nigeria revokes 924 dormant mining titles, seeks new investors
Nigeria has revoked 924 dormant mining titles immediately and invites investors to freely apply for the affected licences which will be offered on a “first come, first served” basis, its minister of mines said on Wednesday.
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Visit: 10
Why climate change is leaving mining firms between a rock and a hard place
For most of us, when we think about mining and the environment, it tends to be about water and air pollution, disasters such as the fatal collapse of tailings dams, or the global warming consequences of coal mining.
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Visit: 35
Elder hurt in clash between Argentinian Indigenous community, police over mining project
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police officers who were escorting Elevado Gold personnel up the Alto de Salle hill, in the Catamarca province.
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Visit: 58
Chile’s mining production up 7.7% in February
Chile’s mining production is starting to turn the corner after months of a sustained output slump, with the country’s total output up 7.7% in February from the same month last year.
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Visit: 44
Nigeria to grant mining licences only to companies that process locally
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on Thursday.
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Visit: 99
Macron looks to regulate illegal gold mining in French Guiana
French President Emmanuel Macron said on Monday the government is seeking to designate new regulated gold mining zones in its South American territory of French Guiana to combat illegal mining and its environmental consequences.
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Visit: 72
US bill supporting seafloor mining lifts The Metals Company
The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining.
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Visit: 68
Indonesia understates methane emissions from mining, report says
Methane emissions from Indonesia’s expanding coal mining sector are significantly underreported, jeopardizing the nation’s international climate commitments, according to new analysis from energy think tank Ember.
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Visit: 73
AI can potentially estimate global environmental destruction due to road development for mining
Recent tests of an AI system showed that it can detect how poorly regulated road development for mining, logging and land clearing is triggering dramatic increases in environmental disruption.
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Visit: 84
Brazil’s CSN net profit soars on mining performance
Brazilian steelmaker and mining group CSN’s net profit jumped by more than fourfold in the fourth quarter, sending its shares higher on Thursday on the back of a solid performance in its mining business.
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Visit: 83
O3 Mining wins 2024 PDAC Sustainable Development Award
Québec-focused gold junior O3 Mining (TSXV: OIII) has been named winner of the 2024 PDAC Award for Sustainable Development, considered one of the most prestigious recognitions in the Canadian exploration sector.
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Visit: 77
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million
US miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining for about A$59.9 million ($39.28 million).
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Visit: 98
Philippine tycoon says bigger mining areas key to riding EV boom
The Philippines should have bigger mines to encourage investment in the downstream sector, according to tycoon Manuel Pangilinan, who says the resource-rich Southeast Asian nation should take advantage of brisk demand for electric vehicles.
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Visit: 109
Gecamines plans overhaul of mining JVs in world’s top cobalt supplier
The Democratic Republic of Congo’s state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.
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Visit: 96
Deep-sea mining may be inevitable
Deep-sea mining is likely just a matter of time, according to the head of the International Seabed Authority (ISA).
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Visit: 94
Mexican mining sector balks at plan to ban open-pit mines
Mexican President Andres Manuel Lopez Obrador’s proposal to ban open-pit mining will generate uncertainty and curtail investment for the key sector, mining industry representatives said this week.
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Visit: 126
Canada to accelerate critical mineral mining
Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, energy minister Jonathan Wilkinson told Reuters on Tuesday.
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Visit: 265
Lundin Mining reports fatality at Neves-Corvo mine in Portugal
Canadian miner Lundin Mining on Monday said an employee at its Neves-Corvo mine in Portugal died after a fall-of-ground incident while operating a piece of equipment underground.
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Visit: 88
Global Reporting Initiative launches sustainability standard for mining at Indaba
On Thursday at the Mining Indaba conference in South Africa, the Global Reporting Initiative (GRI), an international independent organization for impact reporting across sectors, held an event that launched its sustainability reporting standard for mining companies.
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Visit: 99
Hecla Mining looks to expand into Latin America
Hecla Mining, the largest silver producer in the United States, is looking to expand into Mexico, Peru and two other countries in Latin America to speed up growth once it consolidates its position in Canada.
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Visit: 99
Australian mining group pushes govt for tax credit as lithium, nickel prices slump
An Australian mining association has called for a new production tax credit during meetings with senior ministers called as nickel and lithium miners curtail projects and review new mines in response to a global slump in prices.
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Visit: 101
Uranium producer Niger launches mining sector overhaul
Niger temporarily suspended the granting of new mining licenses, the first step in an audit of its mining sector as it seeks to boost government revenue.
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Visit: 76