Fortuna Silver takes $90.6m charge on Mexican mine closure
It will cease activities at its San José mine in Mexico this year, six months earlier than planned, due to rising costs and depleted reserves.
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Deep-sea mining could cost $500 billion in value destruction, study says
The report "How to lose half a trillion" says that mining the seafloor could cost the industry $30 to $132 billion in value destruction.
China’s copper smelters to discuss production cut as fees slump
Smelters compete to treat concentrate but overseas mine disruptions are curbing supply, forcing them to drop their fees.
Jervois Global blames Chinese overproduction for job cuts
The cobalt and nickel producer has axed or made part-time 30% of its senior corporate management roles.
First Phosphate gets mining research and innovation grant from Québec
The company’s objective is to see the development of a lithium iron phosphate (LFP) battery valley in the Saguenay-Lac-St-Jean region of Quebec.
Canada plans scrutiny of Chinese offtake deals, minister says at PDAC
Government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on critical mineral transactions.
O3 Mining wins 2024 PDAC Sustainable Development Award
This award is given for "demonstrating an exceptional commitment to sustainable development in the mining industry".
First Quantum’s Panama mine closure to cost around $800m, minister says
An inter-ministry coalition which is developing the mine's closure plan is working on alternative measures to recoup funds.
Accelerating trends in metals and mining dealmaking: Q&A with Sidley M&A Partner
Joseph Michaels advised Allkem in its merger with Livent, a transaction valued at $10.6 billion, and which created the world’s third largest lithium miner.
