Pembridge Resources shares collapse on Minto mine halt
Shares in Pembridge Resources (LSE: PERE) fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals (TSXV: MNTO),…
Regulatory Issues
Chile’s mining royalty bill heads for final vote
Chile’s senate has approved an amended mining royalty bill, in the works for almost two years, passing it back to the lower chamber for a final vote expected to come…
What Canada’s new Modern Slavery Act means for miners
On May 3, Canada’s Parliament passed Bill S-211, the Modern Slavery Act, aimed at combating forced labour and child labour in supply chains. This new legislation has far-reaching implications for…
Canadian group led by Lassonde plans to buy Teck’s coal mines
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, jumped on Tuesday on news that a consortium led by mining veteran Pierre Lassonde had proposed to buy…
Chamber of Mines in Argentina’s Salta province speaks out against lithium nationalization
The Chamber of Mines in Argentina’s Salta province is pushing for the South American country to move away from proposals to nationalize its lithium resources. In an interview with the…
Juniors see glass half full in Chile’s new lithium plan
Plans by the Chilean government to strengthen control over the country’s lithium have sent shockwaves through the industry and markets. As headlines warned of resource nationalism, shares in SQM (NYSE:…
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…
Chile’s lithium policy a boon to other producers
Joe Lowry, known in mining circles as “Mr. Lithium”, warns the lack of specifics in Chile’s policy likely to affect investment.
Wyloo extends deadline for Mincor takeover bid
Andrew Forrest’s Wyloo Metals said on Wednesday it was extending its takeover offer for Australian nickel explorer Mincor Resources (ASX: MCR) until the end of trading in the Australian market on…
NexGen, Fission power ahead at Rook I, PLS uranium projects
Two uranium projects in Saskatchewan’s Athabasca basin moved closer to construction this week, with NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) reporting strong interest from lenders in funding its…
Chile’s state miner seeks US$1.5B from lithium partner
Chile’s National Mining Company (Enami) is looking for a private partner to contribute with a US$1.5 billion-investment and knowledge to develop its lithium assets. The state miner Enami will be…
Canada can’t build great mining companies fast enough to meet demand
Mining runs on M&A — one of the only constants in a business that’s full of uncertainty. Still, it’s been painful to watch so many home-grown metals and mining companies…