USACE assigns a new review officer for Pebble appeal
The US Army Corps of Engineers (USACE) has assigned a new review officer to handle Northern Dynasty Minerals’ (TSX: NDM) appeal of a negative record of decision for the Pebble…
Regulatory Issues
Benga Mining applies for judicial review following Canada’s coal mine snub
A unit of Australian billionaire Gina Rinehart’s Hancock Prospecting, Benga Mining, has applied to the Federal Court of Canada for a judicial review of the rejection of the proposed US$800…
Taseko’s Florence mine permit later than expected
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) has revealed further delays to the permitting timeline for its Florence copper project in Arizona as the company tries to convince the US…
Investors with US$41 trillion urge G7 to end support for coal
A group of 457 investors, which oversees more than US$41 trillion in assets combined, and a coalition of 79 company CEOs are calling on the G7 — Canada, France, Germany,…
Zijin, Citic to buy copper from Ivanhoe’s Kamoa-Kakula mine
Canada’s Ivanhoe Mines (TSX: IVN) has inked deals with China’s Zijin Mining’s subsidiary and trader Citic Metal to sell each 50% of the copper production from the recently-launched first phase of…
Rio Tinto shareholders reject former CEO’s exit package
A majority of Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) shareholders oppose the exit package handed to former chief executive Jean-Sébastien Jacques, ousted after the destruction of sacred rock shelters in…
Barrick and PNG reach deal over Porgera mine
Agreement ends a year-long standoff over the gold mine’s ownership and outlines plans to restart operations.
Vale sells New Caledonia nickel assets to Trafigura
Vale (NYSE: VALE) has concluded the sale of its nickel and cobalt operations in New Caledonia, a French territory in the Pacific, to a consortium called Prony, which includes commodity…
Kaz Minerals bidders up takeover bid to $5.5 billion
A consortium led by Kaz’s chairman Oleg Novachuk has raised its offer for the miner by 9%.
NGOs criticize LBMA’s gold sourcing program
Advocacy groups said the London Bullion Market Association is failing to ensure that only responsibly-sourced, conflict-free gold is traded worldwide.
Trilogy, South32 partner with Alaska to fund critical mine road
Ambler Metals, a joint venture between Canada’s Trilogy Metals (TSX, NYSE: TMQ) and Australia’s South32 (ASX: S32; LSE: S32), has inked a development funding agreement with the Alaska Industrial Development and Export…
Investors, regulators looking at board diversity beyond gender
Canadian public companies will have a year to get in line with new, tougher board gender diversity guidelines from leading proxy advisory firms or face a withhold vote against the…