Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Regulatory Issues
Seabed mining body meets amid rising pressure for code
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…
Environment Canada lays charges against Teck Coal as Glencore sale closes
Environment Canada has laid five charges against Teck Coal Ltd. after the company was alleged to have dumped substances harmful to fish into waters near its Ek Valley operations in…
Would Canada allow Rio Tinto to buy Teck? Miners aren’t so sure
The federal government’s attempt to clarify its rules for foreign investment in mining is instead causing more confusion as the industry grapples with changing rules under the Investment Canada Act. …
Rio Tinto mulls potential bid for Teck — report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is said to be studying potential takeover bids for smaller rivals, including Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified…
Serbian top court clears path for Rio Tinto’s Jadar lithium project
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) could be back in the running to develop Europe’s top lithium mine after a Serbian court ruled the government unlawfully revoked the…
Montage Gold gets last permit needed to build US$712M Koné mine
Africa-focused Montage Gold (TSXV: MAU) has secured the final mining permit for its flagship Koné project in Côte d’Ivoire, paving the way to start construction early next year. The US$712-million project…
Barrick to boost Mali exploration as regulations shift
Barrick Gold (TSX: ABX; NYSE: GOLD) is actively working to expand its exploration activities in Mali to ensure the long-term sustainability of its Loulo-Gounkoto operation, CEO Mark Bristow said yesterday…
Silvercorp deal for Adventus hits roadblock
Silvercorp Metals (TSX: SVM) says it’s reviewing plans to acquire Adventus Mining (TSXV: ADZN) after a local lawsuit challenged the target company’s environmental permit for its project in Ecuador. The…
Teck’s $9.5B coal sale to Glencore set to close July 11
The federal government has approved the $9.5-billion sale of Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) coal business to Swiss-based resource giant Glencore (LSE: GLEN). Teck agreed in November to sell the…
Skeena court win overturns ‘incomprehensible’ 2022 tailings ruling
The miner has successfully appealed a prior decision regarding ownership of waste rock and tailings from the British Columbia mine.
Is BC’s Haida agreement another ‘legal morass’ for mining?
British Columbia’s formal recognition of the Haida Nation’s Aboriginal title over a group of islands near the Alaskan panhandle is a reconciliation milestone. But it’s raising legal and economic questions…