Ivanhoe jumps on plan to restart DRC copper mine
Ivanhoe Mines’ (TSX: IVNl US-OTC: IVPAF) plans to dewater the Kakula copper mine in the Democratic Republic of Congo could restore operations as early as this month. Its shares rebounded….
Regulatory Issues
Mali court postpones ruling on Barrick mine
A Malian court has, for the third time, postponed a hearing on whether to place Barrick’s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto gold complex under provisional administration, Reuters reported on Monday. The…
AngloGold sells Brazil mine to Aura for $76M
AngloGold Ashanti (NYSE: AU; JSE: ANG) is selling its stake in Mineração Serra Grande (MSG) gold mine in central Brazil to Latin America-focused Aura Minerals (TSX: ORA) for $76 million….
Paladin faces second lawsuit over uranium forecast
Australia’s Paladin Energy (ASX: PDN) is facing the prospect of a second class action lawsuit tied to its production guidance. The new legal action, if initiated, would unfold in the…
Panama OKs First Quantum’s copper mine care plan
Panama has approved First Quantum Minerals’ (TSX: FM) maintenance plan for the shuttered Cobre Panama copper mine, clarifying that this does not signal a restart of operations. Trade and Industry…
EnCore expands Texas uranium licence
EnCore Energy (Nasdaq: EU, TSXV: EU), America’s only uranium producer, says it’s received Texas approval for the construction of well fields and a satellite ion exchange plant on its Upper…
‘One project, one review:’ BC’s Minister Brar fast-tracks mine permits, IP protection
Six months into the job, British Columbia’s Critical Minerals Minister Jagrup Brar says major mine permitting timelines have narrowed by over a third, as new mining rules are set to…
Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…
Anglo American’s platinum spinoff debuts as Valterra
Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), began trading as a standalone entity on the Johannesburg Stock Exchange on Wednesday, marking the official demerger from parent company Anglo…
Geopolitics to shape mining’s future: TNMG president
Industry stakeholders should view resource development in a global context because shifting geopolitical dynamics will increasingly determine mining, The Northern Miner Group President Anthony Vaccaro says. “We need to look…
Drilling returns ‘high-calibre’ uranium results at NexGen’s PCE target
Drilling by NexGen Energy (TSX, NYSE: NXE; ASX: NXG) has returned results as high as 0.5 metre grading 68.8% uranium oxide (U3O8) at its Patterson Corridor East (PCE) target in…
Aus stockpile to tackle ‘distorted’ rare earths market
Rare earth and lithium producers are cautiously backing the Australian government’s proposed critical minerals strategic reserve, amid fresh details and ongoing concerns over its design. The federal Labor government, re-elected…