News
-
US House committee votes to block Rio Tinto’s Resolution mine
A U.S. House of Representatives committee has voted to include language in a wider budget reconciliation package that would block Rio Tinto Ltd from building its Resolution copper mine in Arizona. The San Carlos Apache tribe and other Native Americans say the mine would destroy sacred land whe...Read more -
Condor Gold charts two options for mining La India
Nicaragua-focused Condor Gold (LON:CNR) (TSX:COG) has outlined two mining scenarios in an updated technical study for its flagship La India gold project, in Nicaragua, both of which anticipate robust economics. The Preliminary Economic Assessment (PEA), prepared by SRK Consulting, considers tw...Read more -
BHP inks exploration deal with Gates and Bezos-backed KoBold Metals
KoBold has used data-crunching algorithms to build what’s been described as a Google Maps for the Earth’s crust. (Stock image.) BHP (ASX, LON, NYSE: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires includ...Read more -
Native Americans lose bid to halt digging at Nevada lithium mine site
A U.S. federal judge ruled on Friday that Lithium Americas Corp may conduct excavation work at its Thacker Pass lithium mine site in Nevada, denying a request from Native Americans who said the digging would desecrate an area they believe holds ancestral bones and artifacts. The ruling from...Read more -
AngloGold eyes Argentina projects in partnership with Latin Metals
The Organullo gold project is one of the three assets AngloGold may get involved with. (Image courtesy of Latin Metals.) Canada’s Latin Metals (TSX-V: LMS) (OTCQB: LMSQF) has inked a potential partnership deal with one of the world’s biggest gold miners – AngloGold Ashanti (NYSE: AU) (JSE: AN...Read more -
Russell: Iron ore price slump justified by improving supply, China steel control
Stock Image. (The opinions expressed here are those of the author, Clyde Russell, a columnist for Reuters.) Iron ore’s rapid retreat in recent weeks shows once again that price pullbacks can be as disorderly as the exuberance of rallies, before the fundamentals of supply and demand reassert ...Read more -
Vizsla Silver guides for a September Panuco project restart
Inside Panuco in Sinaloa, Mexico. Credit: Vizla Resources Pending continued improvement in regional health statistics, Vizsla Silver (TSXV: VZLA) plans a staged restart of drilling activities on September 1 at its Panuco silver-gold project in Sinaloa state, Mexico. Soaring covid-19 cases ha...Read more -
Chile court orders BHP’s Cerro Colorado mine to stop pumping from aquifer
A Chilean court ordered BHP’s Cerro Colorado copper mine on Thursday to stop pumping water from an aquifer over environmental concerns, according to filings seen by Reuters. The same First Environmental Court in July ruled that the relatively small copper mine in Chile’s northern desert must ...Read more -
China’s green ambitions aren’t halting new coal and steel plans
China continues to announce new steel mills and coal-fired power plants even as the country maps out a path to zeroing out heat-trapping emissions. State-owned firms proposed 43 new coal-fired generators and 18 new blast furnaces in the first half of 2021, the Centre for Research on Energy ...Read more -
Chile’s $2.5 billion Dominga copper-iron project approved by regulators
Dominga is located about 65 km (40 miles) north of the central city of La Serena. (Digital rendition of project, courtesy of Andes Iron) A regional Chilean environmental commission on Wednesday approved Andes Iron’s $2.5 billion Dominga project, giving the green light to the proposed copper ...Read more -
Iron ore price bounces back while Fitch sees rally slowing ahead
Stock Image. Iron ore prices rose on Wednesday, after five straight sessions of losses, tracking steel futures as China’s output curbs fuelled supply worries. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $165.48 a tonne, up 1.8% from...Read more -
Union at Caserones copper mine in Chile to strike after talks collapse
Caserones copper mine is located in Chile’s arid north, close to the border with Argentina. (Image courtesy of Minera Lumina Copper Chile.) Workers at JX Nippon Copper’s Caserones mine in Chile will walk off the job beginning on Tuesday after last-ditch talks over a collective labor contract...Read more