What the EU’s Critical Raw Materials Act means to miners
The EU published its proposed Critical Raw Materials Act (CRMA) on Mar. 16, with the ambitious goal of “establishing a framework for ensuring a secure and sustainable supply of critical…
Regulatory Issues
Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward
Newcrest Mining (ASX, TSX: NCM) and Harmony Gold (NYSE: HMY) said Thursday they have signed a framework agreement with the Papua New Guinea (PNG) government that sets key terms to jointly…
Hochschild Mining walks away from Canadian gold project
Hochschild Mining (LSE: HOC) has informed Skeena Resources (TSX, NYSE: SKE) that it is ending its option to earn a 60% interest in the Canadian miner’s Snip gold project, located…
Arizona Sonoran receives latest permit at Cactus ahead of Q4 prefeasibility
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) has received the mined land reclamation permit from the Arizona State Mine Inspector’s Office for the Cactus mine project less than four months…
Biden soothes Canada’s fears of being crushed by US clean energy push
It can be easy to take a partnership between Canada and the United States as a given,” U.S. President Joe Biden told the House of Commons on Mar. 24 on his…
The View from England: Myopic politicians seeing nuclear at last
Politicians everywhere have a tendency to make decisions based on short-term outcomes that might become catastrophic in the long term. There are few better examples of this than legislation in…
Chile open to modify copper royalty bill on miners objections
Chile’s government said it is open to further amend a controversial mining royalty bill expected to enter into force on next year, following mounting criticism of its impact on the…
PDAC: Facing the challenges of mine decarbonization
The mining industry’s decarbonization journey is more akin to a twisting trail race than a straight road race, with uphill efforts, sharp turns and obstacles en route, miners said during…
Ottawa wants to shorten mine approval times by a third
Canada is aiming to cut four to five years off the time it takes for mining project approval, mainly by syncing federal and provincial requirements, Natural Resources Minister Jonathan Wilkinson…
Sibanye-Stillwater secures controlling stake in New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia’s New Century Resources (ASX: NCZ), which it’s attempting to acquire, to nearly 71%. The move comes…
PDAC: Energy transition presents Canada with mining windfall, says McKinsey’s Hoffman
The shift to green energy will demand the use of all metals, not just critical in a multi-trillion dollar industrial transition, said McKinsey’s Ken Hoffman at PDAC in Toronto on…
BC residents handed nearly $1M in fines for role in gold mining Ponzi scheme
The B.C. Securities Commission (BCSC) has handed out nearly $1 million in penalties to three local residents for their involvement in what it calls “an elaborate fraud” that promised investors…