Mexico to review bill to ban open pit mining
Mexican President Claudia Sheinbaum says her government will review a controversial bill approved by the lower chamber of Congress in August that aims to ban open-pit mining. The proposed legislation…
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Ontario pension backs US$100M funding for tech firm spotting deposits from space
Australia’s Fleet Space Technologies announced Wednesday it raised US$100 million led by the investment arm of the Ontario Teachers’ Pension Plan to expand its ExoSphere exploration platform. The Teachers’ Venture…
Satellite data analysis shows copper smelting activity surged in November
Global copper smelting last month reached its highest level since February, according to a report released Wednesday that tracks smelter inactivity. Average smelter inactivity fell 2.7% from October to 13.4%…
Evergold drills high-grade antimony in B.C.
Evergold (TSXV: EVER) reported its highest-grade antimony assays yet from the DEM project near Fort St. James, B.C., putting it in the lead among juniors hunting for the critical metal…
Podcast: Does the mining industry need a rebrand? ft EY Americas Metals & Mining Leader Theo Yameogo
This week’s episode features Theo Yameogo, EY Americas Metals & Mining Leader, in conversation with host Adrian Pocobelli, exploring key issues shaping the future of the mining industry. Yameogo proposes…
Jaguar Mining stock plunges after tailings pile slump forces mine shutdown
Shares of Jaguar Mining (TSX: JAG) plummeted after the Canadian gold miner said Monday it was temporarily shutting its Turmalina mine in Brazil after a nearby tailings pile failure. Jaguar…
Robex shifts focus to Guinea, aims for first gold in 2025
Robex Resources (TSXV: RBX), which has been producing gold at the Nampala mine in Mali since 2017, says the key to its goal of becoming a mid-tier West African producer…
Copper price jumps on China policy pivot, but market has seen it before
Copper jumped on Monday, rising by more than 2% overnight to a four-week high of US$4.30 per lb. (US$9,470 per tonne) on the CME in Chicago, after China’s politburo signalled…
Imperial Metals due in BC court over 2014 Mount Polley tailings breach
On August 4, 2014 a breach at Imperial Metals’ Mount Polley mine sent the equivalent of 2,000 Olympic swimming pools of mining waste into a creek.
South32 pulls Mozambique smelter forecast amid unrest
Australian miner South32 (ASX: S32) has withdrawn production guidance for its aluminum smelter in Mozambique amid widespread and deadly unrest following the country’s disputed presidential election. The protests erupted in…
Lundin Gold lifts gold guidance, costs for Fruta del Norte
Canadian precious metals miner Lundin Gold (TSX: LUG) has revised up its gold production guidance for the Fruta del Norte (FDN) underground mine in southeast Ecuador. The company now expects to…
Centerra backs Dryden Gold with $3.4M for 9.9% stake
Ontario-focused Dryden Gold (TSXV: DRY; USOTC: DRYGF) received a boost on Tuesday after it said Centerra Gold (TSX: CG; NYSE: CGAU) will be taking up a 9.9% equity stake in…