Cassius Mining takes Ghana to court for US$277M
Cassius Mining (ASX: CMD) is taking Ghana to court in London seeking US$277 million in damages for alleged contract breaches that killed the company’s Gbane gold project and may involve…
Politics
Canada to impose new tariffs on China
Canada is to slap more tariffs on a range of imports from China early next year “to combat unfair Chinese trade practices,” the federal government said Monday in its 2024…
Unrest pushes Syrah Resources to declare ‘force majeure’ at Mozambique graphite mine
Allegations of fraud in Mozambique’s general elections in early October have ignited protests and paralyzed mining operations across the country, including Syrah Resources’ (ASX: SYR) Balama graphite operation in the…
Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina
Rincon is the company’s first commercial-scale lithium operation.
Economics, not regulation, the main reason behind delay in BC’s mines, study shows
Contrary to popular perception, stringent regulation may not be the biggest factor behind the delay of mining projects in British Columbia, according to a new study published in the Royal…
El Salvador’s mining ban stifles US$3 trillion in unearthed gold, president says
El Salvador, which became the first country in the world to ban metals mining, could be losing out on transformational wealth due to its massive unearthed gold deposits, President Nayib…
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…
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…
GoviEx initiates arbitration against Niger in uranium permit dispute
GoviEx Uranium (TSXV: GXU; USOTC: GVXXF) is going to arbitration with Niger for revoking its permit on the feasibility-stage Madaouéla project, one of the world’s largest uranium developments. Niger’s military…
London Symposium: Beaty, McEwen, O’Toole urge mining firms to lead climate crisis fight
Sustainable mining must be the new normal to boost earnings and convince a skeptical public about the industry’s importance to combat global warming as the world enters a metals trade…
Torex Gold plunges after gas leak kills three at Mexican underground mine
Torex Gold Resources (TSX: TXG) says a fatal carbon monoxide gas leak at its El Limón Guajes (ELG) underground mine in Guerrero state, Mexico has claimed the lives of three…