Greenland grants 30-year permit to moly mine
Greenland Resources (Cboe CA: MOLY; FSE: M0LY) has secured a 30-year permit for its Malmbjerg molybdenum project, a major development backed by the European Union. The open-pit mine is expected…
Regulatory Issues
Glencore urges Aus support to save Mount Isa smelter
Glencore (LSE: GLEN) has declared its Mount Isa copper smelter unviable and is awaiting a response from Australia’s federal and Queensland’s governments regarding requests for financial assistance to keep the…
Video: First Cariboo gold ‘between third base and home plate’, Osisko’s Roosen says
Osisko Development’s (TSXV, NYSE: ODV) $650 million (C$893 million) Cariboo gold project in British Columbia will soon begin pre-construction activities, co-founder and CEO Sean Roosen says. A May update on…
Delays hit Gemfields ruby plant in Mozambique
Gemfields (LSE: GEM; JSE: GML) said on Friday that the commissioning of a second processing plant at its Montepuez ruby mine in Mozambique has been postponed to September due to…
Teck lands permit to extend copper mine life in BC
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has secured an environmental assessment certificate to extend the life of its Highland Valley Copper (HVC) mine in British Columbia, keeping Canada’s largest…
Ecuador reopens mining registry after seven-year freeze
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal mining—a long-standing issue across the…
Vale gets initial license for Bacaba copper project
Vale (NYSE: VALE) says authorities have granted a preliminary environmental licence for its Bacaba copper project in Brazil. The miner expects to invest about $290 million (C$393 million) during the…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
China takes strides in rubidium extraction
China has achieved a technological breakthrough in the production of rubidium, the South China Morning Post has reported, as Beijing looks to expand its dominance in the critical minerals supply…
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest in a wave of foreign…
Opinion: Why Canada must step up in mining
My family and I came to Canada from Romania when I was in Grade 9 – newcomers with suitcases in hand, no real plan, and no exposure to mining –…
Rio’s $2B mine keeps Aus iron ore relevant: CEO
Rio Tinto (NYSE, LSE, ASX: RIO) this month opened its new Western Range iron ore mine, the first part of the company’s $13.3-billion (C$18.1-billion) investment plan to rejuvenate Australia’s Pilbara…