Foxes add to Gold Fields’ headaches in Chile
South African miner Gold Fields (NYSE: GFI; JSE: GFI), already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile,…
Regulatory Issues
Review board rejects Baffinland expansion plans in Nunavut
Baffinland Iron Mines’ proposed expansion of its Mary River iron ore operation on the northern tip of Baffin Island, in Nunavut, has suffered a major blow after a review board…
Condor Gold says La India ‘construction ready’
Nicaragua-focused Condor Gold (LSE: CNR; TSX: COG) said on Friday its flagship La India open pit gold project in the Central American country, was “construction ready” and “materially de-risked.” Delivering…
Mining Indaba: The US touts green energy as the key to bridging Africa’s growth gap
The United States government’s initiatives to help address Africa’s power and growth gaps are increasingly hinging on boosting the continent’s ability to produce green energy and facilitate foreign investment, the…
Hochschild Mining earmarks US$200M to build gold mine in Brazil
Precious metal producer Hochschild Mining (LSE: HOC) will invest about $200 million to build the Posse gold mine in Brazil, a project added to its portfolio last year through the…
Mining Indaba: African leaders talk up policy reform and regional cooperation
The Investing in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself…
Two of McEwen Mining’s top execs step down
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons. Chief financial officer Anna…
EPA deals fresh blow to PolyMet’s US$1B copper-nickel mine
The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining’s (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the…
Chile constitution drafters reject mining-adverse proposal
Chile’s constitutional assembly has rejected a proposal from the environmental committee seeking to tighten up rules related to the protection of the country’s natural resources, which would have hit the…
Mexico passes mining reform nationalizing lithium
Mexico has officially nationalized its lithium industry after the Senate approved by 87 votes in favour, 20 against and 16 abstentions the mining reform proposed by President Andrés Manuel López…
Chile sues BHP, Albemarle, Antofagasta over water use
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar…
Kinross Gold sells Russian assets to Highland for US$680M
Kinross Gold (TSX:G; NYSE:KGC) is selling its Russian assets to Highland Gold Mining for a total of US$680 million in cash, the Canadian miner said on Tuesday, a month after…