BC upholds $800,000 Anglo American penalty
British Columbia’s Environmental Appeal Board has upheld a ruling that handed Anglo American (LSE: AAL) an $800,000 (US$580,000) fine after it repeatedly failed to comply with its environmental permit at…
News
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan (NYSE: FCX) is injecting another $75 million (US$54 million) into Amarc Resources’ (TSX-V: AHR) JOY copper project in British Columbia, moving into stage two of an earn-in agreement signed…
Ivanhoe makes copper discovery in Kazakhstan
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced on Thursday that it has made a copper discovery in Kazakhstan warranting follow-up probing. The new copper discovery at its exploration joint venture…
Kodal secures export permit for Mali lithium mine
Kodal Minerals (LSE: KOD) has secured an export permit for spodumene concentrate from its Bougouni lithium mine in southern Mali, clearing a key hurdle for the project’s first shipments. The…
Vale to spend $12.2B in Brazil as Capanema reopens
Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment strategy through 2030. The reactivated…
The first Treasure Hunt clue
Welcome to The Great Canadian Treasure Hunt — your journey into the unknown begins now. You’ve just taken your first step down a trail rich with clues, history and the…
Freeport CEO urges US aid to grow copper
United States mining giant Freeport-McMoRan (NYSE: FCX) is calling on the Trump administration to sweeten incentives for domestic copper producers and cut permitting times to help offset weak metal grades,…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
World Gold Council proposes digital gold; price spikes
The World Gold Council has a new plan to allow investors to hold and trade digital versions of the yellow metal, issued on the same day the gold price set…
Lynas flags Texas rare earths plant uncertainty
Australia’s Lynas Rare Earths (ASX: LYC), the largest rare earths producer outside China, sees “significant uncertainty” around its proposed Texas heavy rare earths plant, pivoting instead to serve U.S. buyers…
Brazil probes Anglo’s $500M nickel sale to China’s MMG
Brazil’s competition authority has launched an investigation into Anglo American’s plan to sell its nickel operations in the country to China’s MMG for up to $500 million. The probe, first…