Category: Latest Mining News

Indonesia’s nickel smelters association has requested the government delay its new mineral royalty fees until nickel prices on the London Metal Exchange have risen to $17,000 per metric ton, its chairman said on Thursday.

One in 10 Brazilian mines may be abandoned, study finds

Gold Rim Exploration Inc. plans to spend US$1.95 million on a new test drilling through that will see them through to the end of quarter 3, 2025 at its Cotogchoa Project in Quito province, Ecuador.

Chile, the world’s largest producer of copper, is preparing to slash its official price estimate for 2025, the Wall Street Journal reported on Saturday.

After weeks of anticipation, US President Donald Trump has unveiled his long-promised “reciprocal” tariffs, sending shockwaves through global markets.

The rush of gold bullion deliveries into New York depositories from overseas will likely keep the US goods-trade deficit close to a record.

Canadian miner The Metals Company said on Thursday it had formally initiated a process under the US Department of Commerce to apply for exploration licenses and permits to extract minerals from the ocean floor.

Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction count and total value, says S&P Global.

Canadian opposition leader Pierre Poilievre says he would give federal approval for the contentious Ring of Fire development in northern Ontario within months if he takes power after an imminent election.

Botswana, the world’s largest diamond producer, is betting that selling big gems to rich young Americans will ease its economic woe and it is trying to catch their eye via Instagram and TikTok.

London-based Palliser Capital on Friday said a proxy advisory firm has advised Rio Tinto shareholders to vote in favour of the hedge fund’s resolution to re-evaluate the unification of Rio Tinto’s dual-listed structure at the miner’s annual general meeting.

First Quantum Minerals Ltd. was cleared to begin shipping out stockpiled copper in Panama, the latest sign authorities may be willing to negotiate a restart of the company’s giant shuttered mine.