Category: Latest Mining News

Rio Tinto Group contributed to widespread damage due to waste left at an abandoned copper mine in Bougainville, Papua New Guinea, and risks to local communities are ongoing, a report has found.

Norway has paused its controversial plans to mine the seabed in Arctic-reaching territorial waters after the Socialist Left Party (SV), a small left-wing environmentalist group, secured an agreement to delay the initiative in exchange for supporting the national budget.

Lithium Ionic (TSX: LTH) announced on Wednesday that it has secured preliminary approval for a $266 million loan guarantee from the Export-Import Bank of the United States (EXIM) to support its flagship Bandeira lithium project in Minas Gerais, Brazil.

Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump, according to Eramet SA.

Global Lithium will push back its annual shareholder meeting to February to allow time for the Australian government to review a potential breach by a shareholder of foreign acquisition laws.

Indonesia’s imports of nickel ore surged to 9.3 million metric tons in the first ten months of 2024, more than 50 times the corresponding figure of 161,917 tons for the year earlier period, the statistics bureau said on Friday.

The United Steelworkers union (USW) has filed a complaint against Orla Mining (TSX, NYSE: ORLA) over alleged violations of workers’ rights at the Camino Rojo gold and silver mine in Zacatecas, Mexico.

Bolivia’s central bank ditched new rules on reporting its gold reserves which it had published just two days earlier.

Gold Rim Exploration Inc. has confirmed that they will be embarking on an expansion of their Rosario del Dorado project in Argentina in early 2025.

Botswana’s new president, Duma Boko, said on Friday he wanted to conclude talks for a new sales pact with global diamonds giant De Beers as soon as possible.

Newmont (NYSE: NEM, TSX: NGT, ASX: NEM) has applied to extend the permit for its Cadia operation, Australia’s largest underground mine, until 2050.

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate – survival as an independent operator, or absorption by a bigger rival such as BHP Group, which earlier this year failed to buy the group.