Suitors circle American Eagle Gold as South32 takes 19.9% stake
South32 (ASX: S32) is shelling out $29.2 million for a 19.9% interest in American Eagle Gold (TSXV: AE), which is in the third year of drilling at its NAK copper-gold discovery in…
South32 Ltd
Biden administration blocks Ambler road in Alaska
The road would provide access to untouched deposits of copper, zinc, lead, silver, and gold in northwestern Alaska.
South32’s Hermosa project enters US federal permitting under FAST-41
The US Forest Service has started the federal permitting process for South32‘s (LSE: S32; ASX: S32) Hermosa project by kicking off the environmental review required by the National Environmental Policy…
South32 gives green light to US$2.2B Hermosa zinc-lead-silver project in Arizona
South32 (LON: S32; ASX: S32) said on Wednesday that it will invest US$2.16 billion to build its Hermosa zinc-lead-silver project in Arizona. Hermosa is currently the only advanced mining project…
Camino shares surge as Rio Tinto takes position next to its Peru copper project
Junior copper explorer Camino Corp. (TSXV: COR) saw a surge in its stock trading volume on Wednesday after reporting that global miner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO)…
US DOI draft study poses further setback for Alaska’s Ambler road project
The proposed 211-mile transportation corridor for accessing untouched mineral deposits in northwestern Alaska, also known as the Ambler road project, will likely cause harm to wildlife and disruptions to local…
Upcoming elections in near-bankrupt Argentina could finally unlock the country’s huge mineral projects
Food, energy and now minerals. In a world where competition for raw materials is only increasing, Argentina is blessed with an abundance of natural resources. But the country’s nationalist politics…
Manganese batteries market may face deficit in 2024
The high-purity manganese market may face a deficit as early as 2024, according to people in the industry. An essential component of the steel-making process, manganese has played an increasing…
South32 hasn’t found buyer for Eagle Downs coal project
South32 (LSE: S32; ASX: S32; JSE: S32) is still looking to sell its 50% interest in the Eagle Downs metallurgical coal project in Queensland, Australia, where development was put on…
Colombia miners brace for environmental crackdown
Miners operating in Colombia are bracing for tighter environmental rules as the two anti-establishment presidential candidates that made it to a runoff on June 19, have promised stricter environmental rules…
Ambler Metals’ suspended access road permits in legal limbo
A judge of the Federal District of Alaska is expected to render a decision soon in a dispute regarding the development of a 340-km, east-west-running controlled industrial access road that…
Drill challenges at Arctic won’t influence timeline, says Trilogy Metals
Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) says lower than expected drilling productivity due to adverse weather and staffing shortages at its Arctic copper project in remote northwestern Alaska will not…