Deep sea miner TMC plans to be ready to apply for licence
Canada’s The Metals Company (NASDAQ: TMC) plans to be ready to apply for a licence to start mining the seabed before the end of this year, with production expected to…
Regulatory Issues
‘We can raise more money in the Middle East,’ says junior that left Canada for UAE
The graphite junior that redomiciled to the United Arab Emirates to access funding amid Canada’s clampdown on Chinese investment in critical minerals says it’s the first junior to do so,…
The Metals Company faces complaint to SEC over deep sea mining plans
The Metals Company (NASDAQ: TMC) is under fire from three civil society groups for its deep sea mining project in the Clarion Clipperton zone of the Pacific Ocean between Mexico…
Video: Paladin eyes ‘world-class’ Fission asset amid growing uranium demand
In June, Australia’s Paladin Energy (ASX; PDN; US-OTC: PALAF) launched a $1.1-billion all-share bid for Fission Uranium (TSX: FCU; US-OTC: FCUUF) and its “world-class” Patterson Lake South project in Saskatchewan. …
Vale Metals appoints mining veteran Shaun Usmar as CEO
Vale Base Metals, Vale‘s (NYSE: VALE) Canadian-based spinout of its metals business created last year, has appointed mining veteran Shaun Usmar as its new chief executive officer. Usmar brings over…
Rio Tinto ready to build Simandou after almost 30 years of setbacks
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) says it has all necessary regulatory approvals to resume construction at its vast Simandou iron ore asset, the world’s biggest mining project,…
Ontario First Nation seeks mining claims ban for now, and more consultation
A northern Ontario First Nations community, which opposes development of the Ring of Fire area and has fought pulp and paper mercury poisoning for decades, is taking the province to…
Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Seabed mining body meets amid rising pressure for code
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…
Environment Canada lays charges against Teck Coal as Glencore sale closes
Environment Canada has laid five charges against Teck Coal Ltd. after the company was alleged to have dumped substances harmful to fish into waters near its Ek Valley operations in…
Would Canada allow Rio Tinto to buy Teck? Miners aren’t so sure
The federal government’s attempt to clarify its rules for foreign investment in mining is instead causing more confusion as the industry grapples with changing rules under the Investment Canada Act. …
Rio Tinto mulls potential bid for Teck — report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is said to be studying potential takeover bids for smaller rivals, including Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified…