China’s MMG suspends copper shipments from Las Bambas
Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru’s largest copper producers, following a road blockade by a local community protesting against…
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Equinox-Leagold merger creates US$1.75B gold miner
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization…
Geopolitical tensions to burnish gold’s allure in 2020
Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said in a January report. Miners are set to enjoy bumper…
Uranium snapshot: Energetic juniors with attractive assets
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently…
Danakali begins work on Eritrean potash project
Danakali (LON: DNK) has kicked off the first development phase of of its world-class Colluli potash project in Eritrea by selecting the team in charge of the Engineering, Procurement and…
The Northern Miner Podcast – episode 171: Former Noranda and Falconbridge CEO Alex G. Balogh on the ‘special role’ of colleagues and family in success
This episode features the induction of Alex G. Balogh to the Canadian Mining Hall of Fame. The ceremony took place at the Metro Convention Centre in Toronto on Jan. 9. During…
Uranium holding companies offer alternative to producers
The uranium spot price has hovered around US$25 ($32.86) per lb. over the better part of the last year and long-term pricing is at the US$32 per lb. level. The…
Barrick reaches ‘historic’ deal in Tanzania
Barrick Gold (TSX: ABX; NYSE: GOLD) and Tanzania have signed a deal that grants the African nation stakes in the three gold mines the company operates there, ending a long-running…
Report: Miners have long way to go on ESG
A study of environmental, social and governance (ESG) practice in the mining sector that examined the top-50 listed mining companies by market capitalization and the world’s 20 largest institutional investors…
Top-10 large, high-grade uranium projects
Uranium companies have been awaiting a price recovery since the Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016 the spot uranium price has remained below US$30 per…
Ex-Vale CEO charged with homicide for Brazil dam disaster
State prosecutors in Brazil have charged Vale’s (NYSE: VALE) former CEO, Fabio Schvartsman, with homicide after the catastrophic tailings dam disaster a year ago at the company’s Feijao iron ore…
Resolute sells Ravenswood to focus on Africa
Resolute Mining (LSE: RSG) is selling its Ravenswood gold mine in Queensland — its only Australian asset — to private equity firm EMR Capital Management for US$207 million in cash….