US optimistic it will reach critical minerals deal with EU

Mining News Pro - The United States is optimistic it will conclude an agreement with the European Union to allow critical minerals mined or processed in Europe to qualify for US clean vehicle tax breaks, a senior US official said on Monday.

Codelco strikes early deal with Radomiro Tomic mine supervisors’ union

Mining News Pro - Chilean state-owned mining group Codelco said on Monday it had reached an early collective agreement with the supervisors’ union at its Radomiro Tomic mine, which accounts for more than a fifth of its copper output.

American Lithium bets it can open mine in Peru by 2027

Mining News Pro - A subsidiary of American Lithium is betting it can defy the odds in Peru and open the country’s first lithium mine in speedy fashion despite a sluggish permitting system that can keep projects on hold for years.

Brazil mineral rights dispute casts shadow on Sigma Lithium expansion

Mining News Pro - A Brazilian court injunction is halting the sale or mining of two plots of land where takeover target Sigma Lithium is planning open pits, according to court documents seen by Reuters.

US weighing record $1 billion loan for massive lithium mine in Nevada

Mining News Pro - The US Energy Department is in talks to lend a record $1 billion to the developer of one of the country’s largest lithium deposits in a push to build out a domestic supply of critical minerals.

Europe lines up African minerals pacts to ease reliance on China

Mining News Pro - The European Union is finalizing partnerships with the Democratic Republic of Congo and Zambia to boost local industries as the bloc competes with China to secure critical materials for the green and digital sectors.

Congo plans new copper-cobalt smelter to serve informal miners

Mining News Pro - Democratic Republic of Congo said it’s backing plans for a new domestically owned copper-cobalt plant to help formalize artisanal mining in the country, at a time when minerals crucial to electric vehicles are moving further into the global spotlight.

Brazil’s Mura people back Amazon potash mine

Mining News Pro - Canada’s Brazil Potash has scored a key win in its battle to build its $2.5bn Autazes project in the state of Amazonas as the local indigenous Mura people have voted in favour of the development, said the company’s CEO Matt Simpson.

CleanTech Lithium to kick off production at second Chile mine in 2027

Mining News Pro - Chile-focused CleanTech Lithium said on Tuesday that results of a recently completed scoping study of its Francisco Basin project confirmed the asset’s forecast potential and estimated production start in 2027.

Panama union workers block highways over First Quantum Minerals copper mine contract

Mining News Pro - Panama’s construction workers’ union blocked highways and marched on congress on Monday to demand that lawmakers reject a contract with Canadian miner First Quantum Minerals Ltd.

US says it can’t cut China out of critical minerals supply chain

Mining News Pro - The US won’t be able to cut China out of the critical minerals supply chain even as Washington seeks to diversify its sources of the ingredients that go into everything from electric vehicle batteries to solar panels, a top Biden official said on Friday.

Glencore-backed zinc miner is getting crushed in the debt market

Mining News Pro - A Peruvian zinc miner has seen its bonds tumble to an all-time low as investors grow increasingly concerned about its ability to refinance maturing debt and Swiss commodities giant Glencore Plc looks to sell its controlling stake.

Barrick says big miners show interest in Pakistan copper project

Mining News Pro - Barrick Gold Corp.’s top executive says it’s not just Saudi Arabia interested in his company’s massive copper project in Pakistan — some major mining companies are, too.

Wagner-linked gold miner in Sudan halts operations over conflict

Mining News Pro - A Sudanese gold mining company linked to the Russian mercenary Wagner Group has suspended operations because of conflict in the North African nation.

Norway’s Aker BP may explore for seabed minerals, CEO says

Mining News Pro - Norway’s second-largest listed oil and gas company, Aker BP, said it would consider applying for licences to mine minerals from the seabed if parliament approves a plan for such exploration.

Looming strike by miners raises worry about India coal supplies

Mining News Pro - The world’s biggest coal producer, state-owned Coal India Ltd., is facing a potential three-day strike across its core and subsidiary units, according to a stock exchange filing, prompting fears of supply disruptions across the country.

Indian, Canadian officials discuss critical mineral mining cooperation

Mining News Pro - A top Indian minister held talks on boosting critical mineral mining cooperation with Canadian officials on Monday, the Indian government said, amid tense diplomatic relations between the two countries.

Hecla says Idaho mine production likely to be suspended throughout 2023

Mining News Pro - Hecla Mining said on Monday production at its Idaho mine, which earlier reported a fire, was likely to remain suspended throughout this year, prompting the company to lower its silver output forecast for the period.

Codelco ends long-term mined copper deals to China clients from 2025

Mining News Pro - Chile’s Codelco is ending long-term contracts to sell copper concentrate to Chinese clients from 2025, bidding to broaden its product offering to them after evaluating its production outlook, five sources with direct knowledge of the matter said.

Private debt funds of $750 million sought for BHP mine bid

Mining News Pro - Private credit funds are in talks to lend $750 million for an Australian company’s bid to buy one of BHP Group Ltd.’s Queensland mines.

A miner died in Chahargonbad copper mine, Iran

Mining News Pro - This morning, one of the miners of the Chahar Gonbad mine (affiliated to the Ncicio) in this city had an accident while working at the mining site and died instantly.

Panama lawmakers to visit First Quantum mine amid contract debate

Mining News Pro - Some Panamanian members of congress will visit First Quantum’s copper mine next week, as a vote looms on a contract which would guarantee the Central American government annual income of $375 million, a lawmaker said on Wednesday.

Welcome to the crazy world of China’s lithium mine auctions

Mining News Pro - Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.

Lundin secures environmental permit to extend Candelaria mine life

Mining News Pro - Canada’s Lundin Mining (TSX: LUN) can proceed with a plan to extend the productive life of its Candelaria copper mine in Chile after local authorities approved a revised environmental impact assessment (EIA) for the operation.

First Quantum reaches deal with Panama copper mine union, avoids strike

Mining News Pro - The Panamanian unit of Canada’s First Quantum Minerals and a workers union at the company’s key copper mine in Panama said on Saturday they had reached an agreement, avoiding a planned strike over profit sharing and wage increases.

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