Category: Latest Mining News

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.

Indonesia is proposing hiking royalties paid by miners in a bid to bolster public finances that are being strained by President Prabowo Subianto’s spending plans.

Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) has announced a $250 million strategic investment from Orion Resource Partners LP to support the development and construction of Phase 1 of the Thacker Pass lithium project in the state of Nevada.

Mercuria Energy Group Ltd. and Glencore Plc renewed a deal to buy copper from the Democratic Republic of Congo’s state miner, responding to a push by the company to sell its share of output from joint ventures independently.

Mining exploration started 2025 on a strong note, as most key metrics tracked by S&P Global including significant drill results, initial resource announcements and project milestones all saw upticks in January compared to December 2024.

Nickel producer PT Merdeka Battery Materials has obtained a $1.4 billion loan to fund the construction of a plant located on Sulawesi island, according to a company statement.

Gold Rim Exploration Inc., a Canadian based precious metals mining and exploration company, is pleased to report recent results from its multi-phase infill and resource expansion drilling program at their Cambridge Bay Project in Nunavut, Canada. The results published so far are focused on the Dodgeball and Meadowside areas at the site which are located at the north west tip of the project.