Canada’s first diamond mine to shut down
Canada’s first diamond mine, Ekati in the Northwest Territories, will shut down following a Supreme Court of British Columbia ruling placing it into receivership this week. Arctic Canadian Diamond, a…
Rio Tinto
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which warns the metal faces “a…
First Quantum explores Taca Taca stake sale: report
First Quantum Minerals (TSX: FM) is exploring the sale of a minority stake in its giant Taca Taca copper project in Argentina as the world’s largest miners and strategic investors…
Codelco pushes Maricunga lithium project start to 2034
Chile’s state-owned copper giant Codelco said on Wednesday it now expects production from its Maricunga lithium project to begin in 2034 — a four-year delay for one of the country’s…
Elevate buys Marenica stake to build Erongo scale
Elevate Uranium (ASX: EL8; US-OTC: ELVUF) will buy another 15% of the Marenica uranium project in Namibia, tightening control to 90% of a growing asset as it tests whether its…
Rio Tinto hands Sovereign full control of Malawi graphite project
The move strengthens Kasiya’s position as a potential non-Chinese supplier of rutile, graphite and rare earth products.
China question clouds Nunavut road-to-port plan
A Chinese state-backed miner owns the remote Izok Corridor in Nunavut, one of the richest zinc deposits in the world, and the Canadian government has provided some financing for the…
Timeline: The Oyu Tolgoi saga
From discovery to blockade: the twists, deals and disputes behind Mongolia’s Oyu Tolgoi copper-gold mine.
BHP, Rio test electric trucks to cut iron ore emissions
Industry leaders begin testing electric haul trucks as mining seeks to cut emissions at scale.
Guinea halts raw gold exports, seeks local refining
Guinea has banned the export of raw gold in an effort to raise domestic processing of metals, Africa-focused business news site Ecofin Agency reported Monday. President Mamadi Doumbouya announced the…
Rio Tinto’s Oyu Tolgoi resumes exports after blockade
Copper concentrate shipments from Rio Tinto’s (ASX, NYSE, LSE: RIO) Oyu Tolgoi mine resumed on Thursday, a day after protesters blocked a key transport route and threatened exports from one…
Rio Tinto’s giant copper mine blocked: protesters halt Oyu Tolgoi exports
Protesters blocked copper concentrate exports from Rio Tinto’s (ASX, NYSE, LSE: RIO) Oyu Tolgoi mine on Wednesday, disrupting shipments from one of the world’s most important copper projects and renewing…