EnCore Energy wins court challenge to South Dakota uranium project
EnCore Energy (TSXV: EU; OTCQB: ENCUF) has won a court challenge to its US$32 million Dewey-Burdock uranium project in South Dakota. The Oglala Sioux Tribe…
Regulatory Issues
Panama orders suspension of First Quantum’s giant copper mine
Panama’s government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for…
Snow Lake investor battle brings raw energy to Manitoba lithium project
A shareholder rift over millions of dollars in executive pay at Snow Lake Resources (NASDAQ: LITM) is rattling the explorer’s plans to develop a lithium…
First Quantum Panama copper mine deadline passes without a deal
The government of Panama has rejected a last-minute proposal by First Quantum Minerals (TSX: FM) to amend its US$375 million a year royalty agreement, casting…
ESG and mining debate: cultish activism vs. modern business sense
Are environmental, social and governance (ESG) guidelines the bible of a shadowy priesthood of consultants, or are they just good for business? Those two sides…
SolGold shares dive despite raising US$36M with Jiangxi backing
Shares in Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) dropped on Monday more than 7% after revealing it had completed a US$36-million capital raise with the…
Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to…
Colombian president calls for mining code reform to favour small-scale ‘traditional’ operations
Colombian President Gustavo Petro proposed over the weekend a new reform to the country’s mining code, which was initially issued in 2001. During a town…
Fortescue keeps women on the top job with Fiona Hick’s appointment
Australia’s Fortescue Metals Group (ASX: FMG) has named former Woodside Energy (ASX: WDS) executive Fiona Hick as its new chief executive officer, effective February 2023….
Wealthiest nations offer Indonesia $20B to wean it off coal
Rich nations led by the U.S. and Japan have pledged to give Indonesia a US$20-billion package to help the coal-dependent country shift to renewable energy…
Panama sets Dec 14 deadline for First Quantum to ink mine contract
The government of Panama set on Monday a deadline for Canada’s First Quantum Minerals (TSX: FM) to ink a long-awaited contract that allows the company…
Salazar, Adventus reach deal for US$270M Ecuador copper-gold project
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are set to ink a final a foreign direct investment agreement with Ecuador’s government for their…