Ecuador’s new mining policy backs large-scale projects
Government officials said they expect first exports from large-scale mining to be delivered before year-end.
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Geomega aims to be first Canadian rare earth recycler
Geomega Resources is improving its proprietary ISR technology as it moves closer to being Canada’s first rare earth elements recycler and the only one outside China.
Argentina rejects Barrick’s challenge to glacier protection
Tuesday’s Supreme Court ruling halts 44 mining projects nearby or on bodies of ice that are being evaluated.
Steinmetz’s BSGR bankruptcy fends off Vale’s $2B award
Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in the US, two months after losing a $2 billion arbitration award to Brazilian mining giant Vale.
Codelco leads $11 billion mining capital raising in 2019
Chilean state-owned copper mining giant completed $1.3 billion bond issue during the first quarter.
US report urges steps to reduce reliance on foreign critical minerals
The Commerce Department on Tuesday released a report requested by President Donald Trump in December 2017, when he asked officials to look into U.S. access to so-called rare earths.
Panama president-elect says he will review contract with First Quantum
Panamanian President-elect Laurentino Cortizo said on Tuesday his incoming government would review a contract awarded to a subsidiary of Canadian miner First Quantum Minerals.
Global economic growth downgraded to 2.6% in 2019 — World Bank
Global growth in 2019 has been downgraded 0.3 percentage point below previous forecasts, reflecting weaker-than expected international trade and investment at the start of the year, the World Bank says.
Venezuela is said to default on gold swap with Deutsche Bank
Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank, prompting the lender to take control of the precious metal which was used as collateral.
