Update: Victoria Gold loses control of Eagle as court appoints PwC as receiver
Victoria Gold (TSXV: VGCX) has been placed into receivership, meaning control of the company and its Eagle property in the Yukon are now in the hands of a third party,…
Environment
Teck-Glencore JV aims to jumpstart stalled Minnesota project
NewRange Copper Nickel is embarking on a series of studies over the next year to assess whether new mining technology and sustainability developments can remove permitting barriers at its key…
Victoria Gold’s Eagle mine site groundwater highly contaminated, Yukon government says
Groundwater flowing from Victoria Gold’s (TSXV: VGCX) Eagle mine shows signs of high cyanide contamination, though much of the water is being contained on site and regulated drinking water isn’t…
Glencore scraps coal exit plan on investors’ pressure
Glencore (LSE: GLEN) followed shareholder opposition and scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets last year from Teck Resources…
Serbian president pumps brakes on lithium development after EU deal
Serbian top court ruled last month that the government’s decision in 2022 to revoke Rio Tinto’s permit for the Jadar project was unconstitutional.
Victoria Gold CEO says company won’t fold, contamination minor
Victoria Gold (TSXV: VGCX) says the danger of major contamination from its Eagle mine in the Yukon has passed and the company is financially solvent for now. CEO and president…
Rio Tinto open to major acquisitions to meet copper goals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it would contemplate a significant copper acquisition if it added exceptional value, but noted that buying quality assets in…
Podcast: ‘Our people can’t trust the land’—Chief Dawna Hope on Victoria Gold’s ongoing heap leach pad failure
This week’s episode features Chief Dawna Hope of the First Nation of Na-Cho Nyäk Dun in conversation with host Adrian Pocobelli. Chief Hope discusses her experience dealing with the heap…
Yukon hires contractors to aid Eagle cleanup
The Yukon government is taking over more tasks in the cleanup effort at Victoria Gold’s (TSXV: VGCX) Eagle mine, as the company has missed more conditions of the remediation plan….
BC gold miners resume projects after wildfire
Mining activities affected by a wildfire in central British Columbia are set to resume after the provincial government lifted its evacuation order in certain areas. On July 22, the B.C….
Deep sea miner TMC plans to be ready to apply for licence
Canada’s The Metals Company (NASDAQ: TMC) plans to be ready to apply for a licence to start mining the seabed before the end of this year, with production expected to…
The Metals Company faces complaint to SEC over deep sea mining plans
The Metals Company (NASDAQ: TMC) is under fire from three civil society groups for its deep sea mining project in the Clarion Clipperton zone of the Pacific Ocean between Mexico…