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…
Court Cases
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…
US Supreme Court rejects Apache appeal to block Rio Tinto’s Resolution mine
The U.S. Supreme Court declined on Tuesday to hear an appeal by the Apache Stronghold seeking to block the development of the Resolution Copper mine in Arizona. The mine is a joint…
Barrick fights Mali bid to control Loulo-Gounkoto
Canadian gold giant Barrick (TSX: ABX; NYSE: B) is pushing back against an attempt by the Malian government to wrest control of the Loulo-Gounkoto mine complex away from the company….
Gates, Bezos-backed KoBold eyes DRC lithium project
KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, says it plans to invest $1 billion in the Democratic Republic of Congo after inking a framework deal…
TriStar Gold’s Brazil project nearly doubles in value
TriStar Gold (TSXV: TSG; US-OTC: TSGZF) has released a new prefeasibility study (PFS) for its flagship Castelo de Sonhos gold project in Brazil’s Pará state with updated cost estimates and…
Paladin faces irate investors in class action
Paladin Energy (ASX, TSX: PDN, US-OTC: PALAF) says it will challenge a class action suit in Australia alleging the uranium producer’s output forecast misled investors. The case filed with the…
Rio Tinto says Trump’s copper zeal might OK Resolution
Rio Tinto (ASX, LSE, NYSE: RIO) is optimistic that United States President Donald Trump will approve the final permits for its long-delayed Resolution copper project in Arizona. Speaking at the…
Sheinbaum quickens mining permits even as Mexico faces $1.5B in claims
Mexico’s image as a tough place for mining may show little sign of abating under the Claudia Sheinbaum administration as it increases taxes and faces $1.5 billion (C$2.15 billion) in…
Northern Dynasty jumps as Trump order spurs Pebble project optimism
Northern Dynasty’s shares jumped 32% on hopes Trump’s order could fast-track the Pebble project in Alaska.
Barrick fined for excess cobalt in BC river
Barrick Gold (NYSE: GOLD; TSX: ABX) has been hit with a $114,750 fine for its repeated, excessive discharge of toxic materials from the now-decommissioned Nickel Plate gold mine near Hedley,…
First Quantum to suspend Panama arbitration battle
First Quantum Minerals’ (TSX: FM) Panamanian unit says it’s asked its lawyers to halt legal proceedings against Panama in a bid to end a 16-month-old feud with the Central American…