Companies can vie to mine the deep sea starting in July
The Metals Company expect to file an application in H2 2023 and to receive a mining license in 2024.
Latest Stories
Teck said to be open to offers once coal spinoff is complete
Canada’s largest diversified miner has rejected an unsolicited acquisition proposal from Glencore Plc.
Mine waste finds new life as source of rare earths
Sweden, South Africa and Australia are at the forefront of a push to transform piles of mine waste and by-products into rare earths.
Barrick to earn into Midland’s Patris gold project in Quebec
Barrick must make cash payments of C$1.02m and exploration work totalling C$16.57m over eight years, to earn up to a 75% stake in Patris.
US-based researchers push for more realistic battery science
PNNL scientists are proposing the idea of fundamental science taking into account the way industry works when it comes to developing EV components.
Biden offers $450m for clean energy projects at coal mines
It will also provide $16 million to two universities to complete studies for extracting rare earths and other critical minerals from coal ash.
Rio Tinto to spend $216.5m to fund Ranger uranium mine rehab costs
Proceeds will be used to fund rehabilitation related to Energy Resources's Ranger uranium mine in the Northern Territory and repay a loan from Rio Tinto.
British Columbia First Nation challenges province’s Mineral Tenure Act in court
The Act permits anyone with a free miner certificate to acquire mineral claims online through an automated system in First Nations’ territories, without their consultation or consent.
Glencore not giving up on Teck takeover
CEO Gary Nagle said Glencore's offer creates better value for shareholders all around than the one Teck is currently proposing.
