Namibia moves to curb mining speculators, boost local ownership
Effective April 1, Namibian mining exploration licence holders will be required by law to retain at least a 15% stake.
Latest Stories
Eramet’s top shareholder pushes for CEO change
The Duval family has written a letter suggesting the metals and mining firm replace chairwoman and CEO Christel Bories, business newspaper L'Agefi reported.
Rio Tinto chairman to step down over caves blast scandal
Simon Thompson is the latest high-profile departure linked to the miner’s destruction of ancient rock shelters in Western Australia.
Miners, OEMs launch Electric Mine Consortium
The Electric Mine Consortium’s goal is to accelerate progress towards the fully-electrified, zero-CO2 and zero-particulates mine.
Advance Gold to enter battery metals space
The Canadian company wants to acquire 13 lithium-potassium-boron prospective salars in central Mexico.
First Majestic takes Mexico tax row to arbitration
Move seeks to resolve a running dispute between the miner and Mexican authorities over how the silver producer is taxed in the country.
TIMELINE-Rio Tinto’s sacred Indigenous caves blast scandal
The blasts, while legal, deeply distressed the traditional owners and led to a public outcry and a national inquiry, ultimately costing three top executives and two board members, including the chair, their jobs.
Gold price to decline on cyclical recovery, higher yields – report
Fitch is revising down its 2021 gold price forecast, to an average of $1,780/oz from $1,850/oz previously.
Ontario to fuel Canadian mining’s post-pandemic recovery – report
New junior listings on the TSXV increased by 71% in 2020, while the amount of capital raised increased by 89%," says Global Business Reports.