First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…
News
South Africa mine rescue ends with 246 saved, 78 dead as illegal mining crisis mounts
South African authorities have concluded a week-long rescue operation at the abandoned Buffelsfontein gold mine, recovering 246 survivors and 78 deceased illegal miners, locally referred to as ‘Zamazama.’ The operation…
Saudis tap Aramco for lithium brine extraction
Saudi Arabia has announced a new joint venture between its state-run oil and mining companies — Aramco, the world’s largest in oil, and Ma’aden — marking another step in its…
Antofagasta misses copper target, keeps guidance
Chilean miner Antofagasta (LSE: ANTO) reported on Thursday that its copper production for 2024 fell below company expectations, despite exceeding its total output for the previous year. The company, Chile’s…
Zijin offers US$1.9B for 25% of China lithium miner
Chinese copper and gold producer Zijin Mining Group is proposing to buy a quarter of compatriot Zangge Mining for 13.7 billion yuan (US$1.9 billion), the companies said. The deal would…
London Symposium JV Video: Quebec’s clean energy, innovation, incentives
Quebec supports mining with hydro-power, streamlined permits and beneficial tax policies, an adviser to the province says. Early government action gives it an edge in the energy transition, Jonathan LaFontaine,…
Atlas to build NA’s first salt mine in decades
Atlas Salt (TSXV: SALT) says it plans to develop the Great Atlantic Salt (GAS) deposit in Newfoundland and Labrador into the continent’s first mine for the kitchen and winter road…
Hummingbird reaches $16.4M deal with Mali
Africa-focused Hummingbird Resources (AIM: HUM) announced on Wednesday it had reached an an agreement with Mali’s military-led government to operate the Yanfolila gold mine under the country’s new mining code. As part…
Arafura secures A$200M for Nolans rare earths project nearing build decision
Arafura Rare Earths (ASX: ARU) has secured a A$200-million ($180-million) investment from the Australian government’s National Reconstruction Fund Corp. to advance the A$2.8-billion capex Nolans rare earth project in the…
Podcast: AME Roundup 2025 preview, BC mining update with CEO Keerit Jutla
This week’s episode features Keerit Jutla, President and CEO of the Association for Mineral Exploration, who offers an exclusive preview of the upcoming AME Roundup conference in Vancouver, happening Jan….
Sodium-ion batteries could rival lithium-ion in cost, Stanford study finds
Sodium-ion batteries could rival lithium-ion batteries in cost by the 2030s, according to a new Stanford study. The study by Sustainability’s Precourt Institute for Energy and the SLAC-Stanford Battery Center evaluated…
Uranium junior Auric Minerals picks up three projects in Quebec, shares rise
Canadian uranium explorer Auric Minerals (CSE: AUMC) has added three Quebec-based projects in a bid to strengthen its regional exploration strategy in Eastern Canada. Under an option agreement signed with…