Mali hearing on Barrick’s Loulo-Gounkoto mines postponed to May 22 Bamako's Tribunal de Commerce court was due to consider a request by the Malian state to put the mines under a provisional administration. Reuters | May 15, 2025 | 10:15 am
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. Staff Writer | May 15, 2025 | 10:00 am
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. Bloomberg News | May 15, 2025 | 9:01 am
China’s Shenghe Resources to buy Australia’s Peak Rare Earths for $97M Peak Rare Earths is currently developing the Ngualla project in Tanzania. Reuters | May 15, 2025 | 8:55 am
Guinea revokes 46 mining licences, signalling stricter oversight of major operators The affected licences cover bauxite, gold, diamond, and graphite operations. Reuters | May 15, 2025 | 8:45 am
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. Reuters | May 15, 2025 | 8:35 am
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. Reuters | May 15, 2025 | 8:33 am
Kazakhstan says its minerals sector attracted $1B in investments since 2018 The nation plans to increase its geological exploration area by one-third by early 2026. Staff Writer | May 15, 2025 | 8:15 am
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. Frédéric Tomesco - The Northern Miner | May 15, 2025 | 8:12 am