Mexico to review bill to ban open pit mining
Mexican President Claudia Sheinbaum says her government will review a controversial bill approved by the lower chamber of Congress in August that aims to ban open-pit mining. The proposed legislation…
Articles by Cecilia Jamasmie
South32 pulls Mozambique smelter forecast amid unrest
Australian miner South32 (ASX: S32) has withdrawn production guidance for its aluminum smelter in Mozambique amid widespread and deadly unrest following the country’s disputed presidential election. The protests erupted in…
Lundin Gold lifts gold guidance, costs for Fruta del Norte
Canadian precious metals miner Lundin Gold (TSX: LUG) has revised up its gold production guidance for the Fruta del Norte (FDN) underground mine in southeast Ecuador. The company now expects to…
Lundin sells European mines to Boliden for US$1.3B
Canada’s Lundin Mining (TSX: LUN) is selling its Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden to Boliden (STO: BOL) for US$1.3 billion in upfront cash, with potential…
Wheaton strikes US$175M streaming deal for Ethiopia’s first commercial gold mine
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) has reached a streaming deal with Allied Gold (TSX: AAUC) for the Kurmuk gold project in western Ethiopia. Under the agreement, the Canadian…
Panamanians split over reopening First Quantum’s mine
A recent nationwide survey in Panama has shed light on what locals think about the potential reopening of First Quantum Minerals’ (TSX: FM) US$6.5 billion Cobre Panamá copper mine, which…
Paladin restarts Langer Heinrich plant after shutdown
Australia’s Paladin Energy (ASX: PDN) has resumed operations at its Langer Heinrich uranium mine (LHM) in Namibia, following a planned shutdown of the mine plant in November to implement operational upgrades. Among the…
Rio Tinto unveils initial resource at Rincon lithium project in Argentina
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) has released its initial resource and ore reserve estimates for the Rincon lithium project in Argentina, marking a significant milestone in its…
Botswana Diamonds granted environmental nod for Thorny River
Botswana Diamonds (LSE: BOD) said on Friday that South Africa’s Department of Mineral Resources and Energy had approved the environmental authorization for one of its two mining permit applications tied…
ArcelorMittal blames EU policy gaps for greening delay
ArcelorMittal (NYSE: MT), the world’s second-largest steelmaker, is delaying plans for transitioning to low-carbon steel production, blaming insufficient policy clarity and support from the European Union for its decision. The…
Aus billionaire Gina Rinehart closer to opening contentious coal mine in Alberta
Australian mining magnate Gina Rinehart has moved closer to reviving a metallurgical coal mine in Canada’s Rocky Mountains after a local plebiscite showed strong support for the project. Nearly 72%…
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…