Lupaka Gold lands $49M from Peru to settle dispute
Peru has paid most of arbitration award, clearing the way for the first contingent value rights distribution.
Regulatory Issues
DRC probes how uranium ‘leaked’ into cobalt exports
The Democratic Republic of Congo is investigating uranium contamination in cobalt exports after researchers estimated that thousands of tonnes of the radioactive metal probably left the world’s largest cobalt-producing nation…
U.S. orders black mass, tungsten scrap kept home
The United States will block most exports of spent lithium-ion batteries, or black mass, and tungsten scrap for one year, forcing sellers to reserve the recycled mineral feedstock exclusively for…
Dirty gold overtakes cocaine as crime’s cash machine
Criminal groups continue to shift from cocaine to illegal mining as banks and governments scramble to close financial loopholes.
Editorial: Industrial power returns
For much of the past three decades, mining executives struggled to convince governments that minerals were strategic assets. They no longer have to make that case because the world has made it…
Ottawa approves Canada Nickel’s Crawford mine
Canada Nickel (TSXV: CNC: US-OTC: CNIKF) has secured federal approval to proceed with its proposed Crawford polymetallic mine in Ontario, paving the way for a construction decision next year amid…
Commentary: Canada should back critical minerals with buyers
The federal government’s first move through the Canada Critical Minerals Accelerator did not go to a lithium developer or a nickel mine. It went to germanium, antimony and gallium at…
South32 breaks decade-long US permit curse in Arizona
South32‘s (ASX: S32) Hermosa zinc-silver project in southern Arizona has secured final federal approval in just over two years, becoming the first mining project to complete the US FAST-41 permitting…
First Quantum adds 1,000 jobs as Cobre Panama restart nears
First Quantum Minerals (TSX: FM) stepped up preparations to restart its Cobre Panama mine by beginning stockpile processing ahead of schedule and adding about 1,000 jobs. Formal negotiations with Panama…
US shortlists five states for nuclear sites
The United States Department of Energy (DOE) has selected five potential host states for what it calls “Nuclear Lifecycle Innovation Campuses” in an effort to strengthen and modernize the nation’s…
BHP, unions fail to reach Port Hedland wage deal
BHP (LSE, NYSE, ASX: BHP) and unions representing workers at its Port Hedland iron ore operations in Australia have ended wage negotiations without reaching a new agreement, but further talks…
Rule Symposium Video: Peru explorers face a permit premium, says Mazumdar
Investors should favour Peru explorers that already hold drill permits because approvals can stall strong copper and gold prospects for years, Exploration Insights newsletter editor and analyst Joe Mazumdar said…