First Quantum estimates $1.7B in forgone economic contributions to Panama
Before its suspension, Cobre Panama has been a major driver of socio-economic prosperity for Panama, contributing around 5% of its GDP.
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China’s glut of coal locks market in vicious cycle of decline
The optimism that’s taken hold in the wake of China’s trade truce with the US doesn’t extend to the market for power fuels.
China’s Shenghe Resources to buy Australia’s Peak Rare Earths for $97M
Peak Rare Earths is currently developing the Ngualla project in Tanzania.
Guinea revokes 46 mining licences, signalling stricter oversight of major operators
The affected licences cover bauxite, gold, diamond, and graphite operations.
Antofagasta’s Zaldivar mine in Chile secures environmental approvals through 2028
The approval would allow the company to continue advancing in studies that aim to enable Zaldivar's operations until 2051.
Li-Cycle files for bankruptcy protection in Canada
Li-Cycle has entered into a $10.5 million debtor-in-possession financing and a stalking horse credit bid for at least $40 million with Glencore.
Kazakhstan eyes more mineral exploration, building on $1B investment
The nation plans to increase its geological exploration area by one-third by early 2026.
Vizsla agrees to buy Mexican silver-gold project near Panuco
Based on Wednesday’s New York Stock Exchange closing price, the deal for the production concessions is worth about $8.6 million.
Tungsten prices hit 12-year high as China tightens export controls
China supplies over 80% of the world’s tungsten.
