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North America

Spanish court suspends section of Strategic Minerals’ Penouta permit
23rd October 2023 By: Mariaan Webb

Canadian company Strategic Minerals Europe said on Friday it was exploring its legal avenues to reverse a decision by a Spanish court to suspend the section C permit for its Penouta tin/tantalum... 


Horizonte in talks to solve Araguaia funding gap
23rd October 2023 By: Mariaan Webb

Dual-listed Horizonte Minerals is in discussions with major shareholders and lenders on a financing solution to solve the current funding gap for the Araguaia nickel project, in Brazil, CEO Jeremy... 


Gold slips from 5-month peak as investors look to US economic data
Gold slips from 5-month peak as investors look to US economic data
23rd October 2023 By: Reuters

Gold prices retreated from last session's five-month peak on Monday as the US dollar and Treasury yields strengthened ahead of crucial economic data this week, with investors looking for any signs... 


The Dagger project is located about 20 km from the Lance facility in Wyoming, US.
Peninsula establishes new US uranium project
23rd October 2023 By: Mariaan Webb

Uranium developer Peninsula Energy has established a new uranium development project, the Dagger project, which boasts an initial mineral resource estimate of 6.9-million pounds of uranium oxide.... 


Northern Graphite's processing plant in Quebec, Canada.
Miners race to realise graphite projects as China controls exports
23rd October 2023 By: Reuters

As China moved to control some exports of key battery mineral graphite on Friday, miners elsewhere face a race against time to bring new projects to fruition to secure supplies for the next... 


South Star eyes faster ramp up of Brazil graphite mine
23rd October 2023 By: Reuters

South Star Battery Metals is looking into a faster ramp up of its Brazilian graphite mine, CEO Richard Pearce told Reuters on Friday, after China said it will require export permits for the key... 


Panama's President gives final approval to major copper mine contract
Panama's President gives final approval to major copper mine contract
23rd October 2023 By: Reuters

Panama's President on Friday gave final approval of a law authorising a new long-term contract for a major copper mine following lengthy negotiations that will ultimately provide state coffers with... 


Mercedes production falls short of target – Bear Creek
20th October 2023 By: Mariaan Webb

Vancouver-based Bear Creek Mining has announced a revision to its production forecast for the Mercedes mine, in Mexico, as the operation fell short of expectations for gold output during the third... 


Ero’s Tucumã project on track for first copper next year
20th October 2023 By: Tasneem Bulbulia

TSX- and NYSE-listed Ero Copper highlights considerable progress at its Tucumã project, in Brazil, noting that since starting site works in 2022, all engineering, procurement and construction... 


AuTECO prepares for Green Bay drilling campaign, appoints MD
AuTECO prepares for Green Bay drilling campaign, appoints MD
20th October 2023 By: Mariaan Webb

Australia-listed AuTECO Minerals is set to embark on an aggressive exploration programme at the Green Bay copper and gold project, in Newfoundland, Canada, having completed the acquisition of... 


Gold scales 3-month peak as Middle East conflict spurs demand
Gold scales 3-month peak as Middle East conflict spurs demand
20th October 2023 By: Reuters

Gold prices hit a three-month high on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the Federal Reserve's rate hikes... 


Lion ferrochrome smelter.
Merafe reports 21% lower ferrochrome production in first nine months
20th October 2023 By: Martin Creamer

Third-quarter attributable ferrochrome production of Merafe Resources from the Glencore Merafe Chrome Venture was 40 000 t, which resulted in a production decrease of 21% for the first nine months... 


EU, US could agree on critical minerals despite steel failure, says France
20th October 2023 By: Reuters

The European Union and the United States could reach a deal on critical minerals over the coming weeks or months despite their failure to agree an accord on steel and aluminium, French Trade... 


Vale taps former investor relations head Fadel as CEO of Bionow
20th October 2023 By: Bloomberg

Vale, the world’s second-biggest iron-ore supplier, picked its former investor relations head Ivan Fadel as CEO for a new business that aims to make cleaner fuel for steelmaking, according to a... 


Ardiden proposes consolidation of capital
20th October 2023 By: Creamer Media Reporter

Australia-listed Ardiden said on Friday it will seek shareholder approval at its upcoming annual general meeting (AGM) to consolidate the issued capital of the company through the conversion of... 


Perpetua awarded up to $15.5m in DoD funding
20th October 2023 By: Creamer Media Reporter

Nasdaq- and Toronto-listed Perpetua Resources announced on Thursday that it had been awarded more funding from the Department of Defence (DoD) to demonstrate a fully domestic antimony trisulphide... 


Freeport-McMoRan to slow expansions amid inflation, weak copper prices
Freeport-McMoRan to slow expansions amid inflation, weak copper prices
20th October 2023 By: Bloomberg

Copper miner Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, but said it would slow expansion plans due to inflation and slumping prices for the red metal used... 


A court ruling last week voided most of Prime Minister Justin Trudeau's environmental assessment law for resource projects.
Canada court ruling on key environmental law risks deterring investments
20th October 2023 By: Reuters

A Canadian court ruling that voided most of Prime Minister Justin Trudeau's environmental assessment law for resource projects has sparked fresh policy uncertainty and risks deterring investments,... 


NexGen's Rook I development in Canada
NexGen aims to be Canadian uranium player
20th October 2023 By: Bloomberg

Canada’s NexGen Energy is looking to Australia’s equity market as it sets up financing for its first-ever uranium mine back home, a project with a $1-billion price tag. That’s partly because its... 


JFE Steel eyes stake in Teck's coal business -sources
JFE Steel eyes stake in Teck's coal business -sources
20th October 2023 By: Reuters

Japan's JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada's Teck Resources, two people aware of the development told Reuters, adding to the list of suitors that... 


IsoEnergy closes $36.6m placement
19th October 2023 By: Mariaan Webb

Uranium exploration and development company IsoEnergy has completed its previously announced marketed private placement of subscriptions, raising gross proceeds of $36.6-million. The company... 


Elcora and Mincape announce Morocco manganese venture
19th October 2023 By: Creamer Media Reporter

TSX-V-listed battery materials company Elcora is teaming up with Mincape to establish manganese mining operations in Morocco. This collaboration aims to support the ever-expanding electric vehicle... 


Envusa's energy trading area.
Anglo's Envusa applies to trade 520 MW of green electricity with seven operations
19th October 2023 By: Martin Creamer

Renewables company Envusa Energy, which is owned jointly by Anglo American in partnership with EDF Renewables, this week lodged an application for a licence to trade electricity in South Africa’s... 


Freeport-McMoRan beats quarterly profit estimates on production boost
Freeport-McMoRan beats quarterly profit estimates on production boost
19th October 2023 By: Reuters

Copper miner Freeport-McMoRan beat Wall Street estimates for third-quarter profit on Thursday, helped by higher copper production and sales volumes. Average copper prices were up about 8% in the... 


FQM’s Kansanshi S3 mine expansion back on track
19th October 2023 By: Darren Parker

After a decade-long delay, work on mining and metals company First Quantum Minerals’ (FQM’s) Sulphide No 3 (S3) expansion project, at the Kansanshi copper/gold mine, in Zambia, is now back on... 


Canadian Gold appoints new CEO
19th October 2023 By: Mariaan Webb

Toronto-based mineral exploration and development company Canadian Gold has appointed Edward Huebert as president and CEO, replacing Ian Ball who has served as interim president and CEO. Huebert’s... 


Alcoa takes $6m charge after layoffs at Australia plant
19th October 2023 By: Bloomberg

Alcoa, the largest US aluminum producer, announced taking a charge of $6-million related to layoffs at a plant in Australia that makes one of the main feedstocks that goes into the metal it... 


President Andres Manuel Lopez Obrador
Grupo Mexico proposes work group to address Sonora river contamination, Lopez Obrador says
19th October 2023 By: Reuters

Mexican mining and transportation conglomerate Grupo Mexico sent a proposal to the interior ministry to establish a work group to address contamination of the Bacanuchi river in Mexico's northern... 


Ontario funds early lithium exploration
19th October 2023 By: Creamer Media Reporter

TSX-V-listed Canada Silver Cobalt Works has secured funding under the Ontario Junior Exploration Programme (OJEP) for its Sangster and St Denis properties. The funding, provided by the government... 


Patriot discovers new high-grade zone at Corvette
19th October 2023 By: Creamer Media Reporter

Dual-listed Patriot Battery Metals has announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite of the Corvette property, in Quebec. Samples from the zone ranges between 3%... 


Polished diamonds
G7 to discuss four versions of Russian diamond ban this week – sources
19th October 2023 By: Reuters

G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from January 1, from light-touch self-regulation to strict import measures, laying bare differences that... 


Newmont CEO Tom Palmer
Newmont-Newcrest transaction to close early Nov
19th October 2023 By: Mariaan Webb

With all regulatory, shareholder and legal approvals secured for the acquisition of Newcrest by Newmont, the transaction is set to close in early November. The scheme of arrangement under which... 


Rio launches exclusive diamond tender
19th October 2023 By: Esmarie Iannucci

PERTH (miningweekly.com) – Major Rio Tinto has launched a new exclusive sales event for some of the diamonds recovered from its Australian and Canadian mines. Known as The Beyond Rare tender, the... 


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pqt: 1.573s - ct: 1.644s - 348pq - 2rq
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