Century-old hydroelectric power plant in Quebec gets $1.2B boost from Rio Tinto
This is Rio Tinto’s largest single investment in its hydroelectric assets since the 1950s.
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US mining permits fast tracked? Legal insights on Trump critical minerals executive order
The order to stimulate US production aims to alter the political landscape of languishing mining project permitting files.
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.
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.
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.