Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.
Potash
Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and…
BHP to speed up Jansen potash mine as Ukraine war weighs on supplies
BHP’s (NYSE: BHP; ASX: BHP) chief executive Mike Henry wants to gear up on the company’s US$5.7 billion Jansen potash project in Canada as Russia’s invasion of Ukraine has caused…
Mining Indaba: Global fractures over Russia-Ukraine war trigger big policy, market shifts – Veracity Worldwide
Russia’s war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week. Veracity…
Appian to pony up $85M loan for Western Potash’s Milestone project in Saskatchewan
Western Potash, a subsidiary of Western Resources (TSX: WRX) will receive an $85-million loan from Appian Capital Advisory to complete the construction and development of the first phase of its…
Gensource steps closer to first production with Innovare acquisition
Canadian potash upstart Gensource Potash Corporation (TSXV: GSP; AIM: GSP) has reached a binding agreement to buy the outstanding equity of Innovare Technologies, a privately-held developer of patented selective solution…
Western Australia is world’s new top mining destination
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest…
US markets fall, March 7-11
The Dow Jones Industrial Average fell 670.61 points or 1.99% to finish the March 7-11 trading week at 32,944.19 and the S&P 500 dropped 124.56 points or 2.88% to 4,204.31….
Colombia to open gold, coal assets up for bids
Colombia will begin taking offers in its first bidding round for gold and copper exploration contracts before the end of March, the government said this week, as part of ongoing…
UPDATE: Iamgold in search of new CEO as Stothart leaves
Iamgold (TSX: IMG; NYSE: IAG) is looking for a new chief executive officer as its current leader Gordon Stothart has stepped down and resigned from the board with immediate effect. The Toronto-based…
Gensource bags synergistic new Tugaske project
Gensource Potash (TSXV: GSP; AIM: GSP) has increased its potash asset base by purchasing an additional 7,244 hectares at $14.26 per hectare of land directly abutting its Tugaske project in…
US markets climb, Dec. 6-10
The Dow Jones Industrial Average rose 4.02% or 13,909.91 points to 35,970.99 and the S&P 500 increased 3.82% or 173.59 points to 4,712.02. Spot gold ended the week at US$1,782.90…