Topic
mining
60 stories related to this topic, newest first.
world9 hrs ago
Brazil Draft Requires State Stake in Private Uranium Mining Ventures
A draft policy would permit private companies to partner in Brazil's uranium sector. The state-owned nuclear firm must retain at least a 20 percent stake in each project. The measure appears in a document reviewed by Bloomberg.
The Sydney Morning Heraldbusiness16 hrs ago
McLaren Minerals Completes Drilling at Western Australia Titanium Project
The company finished its largest drilling program at the McLaren titanium project, recording heavy mineral grades up to 34.6 per cent. The campaign covered 663 holes and 11,568 metres and targeted resource upgrades and potential extensions.
financemagnates.comworld16 hrs ago
Nigeria Shuts Illegal Mining Site and Arrests Two Suspects in Osun State
The Federal Ministry of Solid Minerals Development detained Danladi Isa and Musa Kabiru at an artisanal camp in Ileki-Ijesa on July 13. Officials confiscated equipment and sealed the site under the Nigerian Minerals and Mining Act. The two suspects are assisting investigators to…
themarketherald.com.aubusiness23 hrs ago
Genesis Minerals’ Rival Bid Displaces Regis Resources Deal for Vault Minerals
Regis Resources will not match a US$3.9 billion offer for Vault Minerals from Genesis Minerals. Vault plans to end its scheme with Regis and sign with Genesis, triggering a A$50.7 million break fee.
benzinga.comfinance1 day ago
Chile Copper Output in May: Codelco Falls 18 Percent, Escondida 18 Percent, Collahuasi 19 Percent
Chile's state-owned copper company and two major mines reported lower May production compared with a year earlier. The data were compiled by Cochilco and distributed via @FirstSquawk.
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The Sydney Morning Heraldworld3 days ago
BHP and Rio Tinto delay battery-electric haul truck rollout to 2030s
BHP and Rio Tinto have pushed back their planned deployment of 240-tonne battery-electric haul trucks from the end of this decade into the 2030s. Fortescue is proceeding with an earlier timeline and plans to replace its entire diesel fleet by 2030.
finance.yahoo.comworld3 days ago
Argent BioPharma Shares Rise 206 Percent After Licensing Deal
Argent BioPharma agreed to license its CannEpil epilepsy drug to Splash Beverage Group in exchange for debt forgiveness. The Sydney Morning Herald reported the transaction removes a US$5.5 million convertible-note liability while retaining royalty rights for Argent.
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theglobeandmail.combusiness4 days ago
Former BHP Economist Urges Carbon Price to Speed Mining Emissions Cuts
Dr Huw McKay said a calibrated carbon price would drive faster decarbonisation at major resources firms after leaked documents showed BHP delaying Pilbara renewables projects. The company has met its 2030 target but continues acquiring diesel trucks while trialling electric equip…
news.sky.comtechnology5 days ago
US Rare Earth Producers Sell Output to Japan and South Korea; Domestic Magnet Output Under 1,000 Tonnes
MP Materials, Energy Fuels and Phoenix Tailings, which have received billions in US government support, are directing rare earth products to Asian buyers. Domestic magnet production capacity remains limited compared with Japan and South Korea.
theverge.comworld5 days ago
Chinese Equipment Restarts Production at Donetsk Quarry Idle Since 2008
Chinese firms supplied crushing and screening machinery that restarted operations at the Karansky Quarry near Myrne village. The site now supplies stone for construction projects across Russian-occupied areas of Ukraine. washingtontimes.com reported the developments based on occu…
loudwire.comworld5 days ago
Ghanaian court orders firm to return Black Volta gold mine
An international arbitration court and the High Court of England and Wales ordered Engineers & Planners to stop occupying the Black Volta gold mine and return it to Azumah Resources investors. The Ghanaian company, founded by the brother of President John Dramani Mahama, has refu…
politics7 days ago
Mastermyne Contracting Services fined $310,000 with no conviction recorded over 2022 miner death
A Queensland court ordered the contractor to pay the fine and costs after Gavin Feltwell, 59, died at Moranbah North coal mine. The company pleaded guilty but received no conviction.
The Sydney Morning Heraldbusiness7 days ago
Venus Metals begins drilling to expand Bellchambers gold resource
Venus Metals has started reverse-circulation drilling beneath its Bellchambers gold deposit in Western Australia. The program targets a higher-grade zone that could add up to 60,000 ounces to the existing 31,400-ounce resource.
themarketherald.com.auworld8 days ago
Genesis Minerals submits $3.9 billion binding bid for Vault Minerals via scheme of arrangement
@business reported that Genesis Minerals submitted a binding offer to acquire Vault Minerals. The deal is structured as a scheme of arrangement valued at $3.9 billion. No further terms or timelines were disclosed in the report.
foxbusiness.compolitics8 days ago
U.S. Company Restarts Rare Earth Production at Mountain Pass Mine
MP Materials operates the only active rare earth mine in the United States. The Trump administration has supported the project to reduce dependence on Chinese supply of materials used in defense and consumer products.
themarketherald.com.aufinance8 days ago
Taiko Critical Minerals Plans Capital Raise of Up to NZ$8 Million
The company will seek up to NZ$5 million through a placement to wholesale investors and NZ$3 million via a share purchase plan. Both offerings are priced at NZ$0.25 per share.
FI
theconversation.combusiness8 days ago
Queensland Reviews Mine Rehabilitation Rules After 12% Rise in Unrehabilitated Land
State officials announced a review of financial requirements for mine cleanup costs. Environmental advocates warned that weaker rules could shift expenses to taxpayers.
globalnews.cabusiness9 days ago
Canadian Company Begins Engineering Studies at Historic California Gold Mine
Lode Gold Resources Inc. announced Monday that it has started engineering studies at the Fremont Gold Mine in Mariposa County. The site holds an estimated 1.98 million ounces of gold valued at roughly $8.21 billion based on July 2026 prices. Only about 8 percent of the deposit ha…
mining.comworld10 days ago
SQM and Codelco Plan Over 70 Percent Output Rise at Lithium Partnership
Chilean firms SQM and Codelco intend to expand production at their joint lithium operations. The increase exceeds 70 percent and aligns with long-term battery demand growth. @business reported the plans.
themarketherald.com.aufinance11 days ago
WA judge orders Hancock Prospecting and two children to pay most royalties trial costs
A Western Australia judge ruled that Hancock Prospecting, Gina Rinehart, and two of her children must cover the majority of legal costs from a royalties dispute over iron ore mines. The ruling follows an earlier decision that Hancock Prospecting owes hundreds of millions of dolla…
deadline.combusiness12 days ago
Reveille Resources to List on Aquis Exchange with Focus on Italian Uranium Deposits
Reveille Resources will join London’s Aquis exchange this week to focus on two historic uranium sites in Lombardy. Licence applications for the deposits were filed last year.
finance.yahoo.comfinance12 days ago
Forrestania Resources Secures $310 Million for Edna May Gold Hub Acquisition
Forrestania Resources obtained firm commitments to raise $310 million through an institutional share placement. The funds will complete the purchase of the Edna May gold processing facility in Western Australia and support plant refurbishment.
msnbc.compolitics13 days ago
Businesses tied to Trump and Lutnick families gained from $1.6 billion Kazakhstan mining deal
Firms linked to the sons of President Trump and Commerce Secretary Howard Lutnick took stakes and earned fees after the families helped secure a tungsten mining contract in Kazakhstan. The $1.6 billion project was signed in November.
themarketherald.com.auworld14 days ago
Nyanzaga Gold Project Spends 457.7 Billion Shillings in Tanzania Before 2027 Production Start
The Nyanzaga Gold Project has contributed 457.7 billion Tanzanian shillings to the economy as of June 29, 2026. Commercial production is set to begin in the first quarter of 2027 at the Sengerema site.
The Sydney Morning Heraldbusiness14 days ago
Company Completes Metallurgical Drilling at Chile Gold Project
Flagship Minerals finished pilot-scale metallurgical drilling and trenching at its Isidora gold project in Chile. The company has shifted to resource growth drilling ahead of an updated mineral resource estimate.
mining.compolitics15 days ago
Deal gives U.S. company access to Kazakh tungsten deposit
A U.S. company received preliminary approval for up to $1.6 billion in federal financing to develop a tungsten project in Kazakhstan. The agreement was reached after a September meeting that included a phone call from President Trump.
themarketherald.com.aupolitics15 days ago
U.S. Signs Mining Agreement With Kazakhstan for Tungsten Access
An agreement between the U.S. and Kazakhstan grants American investors access to one of the world's largest untapped tungsten reserves. The deal involves a group of investors with ties to the president and the commerce secretary.
thezimbabwemail.comworld17 days ago
Zimbabwe Finance Minister Says Lithium Export Ban Received Positive Feedback at World Economic Forum
Finance Minister Mthuli Ncube said on June 26 that Zimbabwe's ban on raw lithium exports paired with local processing incentives has been well received by investors at the World Economic Forum in Dalian, China. The policy aims to increase export earnings and develop downstream in…
themarketherald.com.aubusiness18 days ago
REalloys to raise about $100 million through private stock placement
REalloys agreed to a private placement of common stock with institutional investors. The deal is expected to raise roughly $100 million and close on June 26.
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raskmedia.com.auworld19 days ago
Debswana Launches 2025-2029 Strategy to Cut Mining Costs
Debswana Diamond Company unveiled its 2025-2029 Transformation Strategy at a launch event in Orapa. The plan targets a reduction in operational costs from P9 billion to P6 billion by 2028 amid falling diamond prices. Company officials said the measures are needed to avoid closure…
Semaforworld21 days ago
Zimbabwe Lithium Miners Request Extension on Concentrate Export Ban
Lithium miners in Zimbabwe asked the government for more time to build processing facilities before a January 2027 ban on concentrate exports. The request follows recent government measures including quotas and higher royalties on raw exports.
CoinDeskfinance21 days ago
Bitcoin Mining Difficulty Beta Rises to 0.62 While Most Operators Stay Online
JPMorgan reports that bitcoin's mining network has grown more responsive to price moves as a larger share of operators run near breakeven. The bank says bitcoin has traded below its estimated $78,000 production cost for five straight months.
New York Postbusiness23 days ago
Development bank head meets with pope to discuss rare earth mining
The head of the Inter-American Development Bank met privately with the pope on Friday to present arguments for rare earth mining in Latin America. The discussion addressed environmental standards, labor conditions, and local economic benefits.
redir.folha.com.brfinance23 days ago
Inter-American Development Bank Head Meets Pope After Vatican Urged Mining Divestment
Ilan Goldfajn met privately with Pope Leo XIV in Rome on Friday to discuss safeguards for critical mineral projects in Latin America.
ABC Newsworld23 days ago
Development Bank Head Meets Pope Leo XIV on Rare Earth Mining
The head of Latin America's top development bank met privately with Pope Leo XIV to discuss rare earth mining potential. The Vatican has previously called for divestment from mining companies.
cicnews.combusiness24 days ago
British Columbia Approves Underground Expansion at Red Chris Mine
The province has approved a shift from open-pit to underground block-cave mining at the Red Chris copper-gold mine. Officials said the change will increase ore processing to 15 million tonnes per year and extend operations by more than a decade.
The Sydney Morning Heraldbusiness24 days ago
West Wits Mining secures A$96.7 million loan package for South African gold project
West Wits Mining has finalized loan agreements totaling A$96.7 million with two South African banks to fund development of the Qala Shallows gold mine. The financing covers a senior loan, working capital facility, and cost overrun buffer.
cicnews.compolitics24 days ago
Canada Eliminates Corporate Human Rights Ombudsperson Position
Prime Minister Mark Carney said the Canadian government ended the Canadian Ombudsperson for Responsible Enterprise months ago after it completed only one investigation since 2019.
abcnews.go.comworld25 days ago
Congo mining firms seek delay on 5% worker equity rule
Mining companies in Congo have asked authorities to postpone a requirement that would give workers a 5% equity stake before the July deadline. The request comes as firms prepare compliance steps.
thehindubusinessline.comworld26 days ago
Vedanta's Konkola Copper Mines Plans $317 Million Coal-Fired Power Plant in Zambia
Vedanta's Konkola Copper Mines plans to build a $317 million coal-fired power plant in southern Zambia. The project aims to supply electricity to its mining operations.
CoinDeskfinance27 days ago
Bitcoin Miners Report $50 Billion Funding Gap but See AI Lease Valuations Above 10× Energized Power
VanEck estimates the sector needs $221 billion long-term if plans proceed. Only 25% of leased AI capacity has been delivered so far.
Bloombergworld27 days ago
Iran war restricts bidders as former De Beers boss's group leads race for top diamond miner
A group headed by Gareth Penny has taken the lead in acquiring the world's biggest diamond miner after the Iran war limited competing offers.
The Sydney Morning Heraldbusiness28 days ago
Australian Mining Firm Seeks Alberta Coal Permit
A unit of Hancock Prospecting has applied to reopen the Grassy Mountain mine in Alberta. The project was previously rejected over environmental concerns. A petition drive is underway to seek a moratorium on new coal projects in the eastern Rockies.
foxbusiness.combusiness28 days ago
Hancock Prospecting Buys at Least A$1.4 Billion in SpaceX Shares as Company Begins Public Trading
Gina Rinehart’s Hancock Prospecting acquired shares in SpaceX as the company began public trading on Friday. The investment produced a 20% return by market close.
politics31 days ago
Unions Win Labor Backing for Strikes That Could Cost BHP Over $120 Million Daily at Port Hedland
Federal Resources Minister Madeleine King and WA Premier Roger Cook voiced support for workers at Australia's busiest iron ore port. A June 23 meeting between the ETU and BHP is scheduled.
cicnews.combusiness32 days ago
Ontario Mining Industry Needs 5,000 Additional Workers by 2030
The Ontario Mining Association projects a need for 5,000 more workers by 2030. The provincial government has identified 35 significant mineral projects that could reach production within the next decade.
South China Morning Postworld32 days ago
Chinese safety official investigated over coal mine blast that killed 82
A deputy director in Shanxi province's emergency management department is under investigation for suspected violations linked to a May gas explosion. The blast at the Liushenyu Coal Mine killed 82 miners and injured 128 others.
The Sydney Morning Heraldbusiness32 days ago
Norfolk Metals to Acquire Chilean Copper Project for US$55M
Norfolk Metals agreed to purchase the Ciclón copper project in Chile for US$55 million. The transaction includes a capital raising of up to US$120 million and a change in company focus.
rferl.orgfinance33 days ago
U.S. and Central Asian Officials to Meet in Astana on Critical Minerals Investment
The Astana Mining & Metallurgy Congress will seek to turn November 2025 C5+1 framework agreements into investment decisions. The U.S. delegation includes heads of the Export-Import Bank and the U.S. Development Finance Corp.
citizen.co.zaworld33 days ago
South Africa Proposes Chrome Export Tax to Revive Local Ferrochrome Industry and Link Mining Rights to Beneficiation
The Department of Trade, Industry and Competition released an industrial development strategy this week that sets an export tax and quota for chrome and ties beneficiation requirements to new mining rights.
finance.yahoo.combusiness34 days ago
DRC Cobalt Quota System Drives Prices From $21k to $56k Amid IMF Demand Slowdown Warning
Kinshasa replaced open-ended exports with controlled allocations after a temporary ban. Revenues are projected at $2.3 billion this year versus $617 million without intervention.
finance.yahoo.combusiness37 days ago
Purecore Metals Announces Up to $1.5M Private Placement at $1.00 per Unit
Purecore Metals Inc. will sell up to 1.5 million units at $1.00 each. The financing targets mineral property work and corporate needs.
insidermonkey.combusiness37 days ago
Sinda Files for U.S. IPO to Expand Silver Mining Operations in Mexico
Sinda submitted paperwork for a U.S. initial public offering to raise capital for silver extraction operations in a historically productive region of Mexico.
finance.yahoo.comfinance38 days ago
Blue Jay Gold Corp. Retains Two Firms for Investor Relations and Market-Making Services
Blue Jay Gold Corp. announced separate agreements with Oak Hill Financial Inc. for investor relations and Haywood Securities Inc. for market-making services. Both arrangements begin in early June 2026 and require exchange approval.
Semaforworld38 days ago
Mozambique Mandates 15% State Stake in Mines and Bans Raw Mineral Exports
The new rules bar exports of unprocessed minerals and give the government equity in mining projects. Mozambique is the world’s third-largest graphite producer.
finance.yahoo.comfinance38 days ago
McFarlane Lake Mining Closes $6.75 Million Private Placement
McFarlane Lake Mining Limited completed a non-brokered private placement that raised $6.75 million. Two investors purchased units at $0.12 each, each unit including one common share and one warrant exercisable at $0.16 for 36 months.
channelnewsasia.comworld38 days ago
Chinese investors seek nickel projects in Indonesia after policy changes
Investors who financed Indonesia's nickel expansion are reviewing other locations after regulatory changes raised costs. The adjustments target downstream processing rules and royalty structures that had previously supported rapid capacity growth.
montrealgazette.comfinance38 days ago
GoldHaven Increases Maximum Gross Proceeds of LIFE Offering to $5.75 Million
GoldHaven Resources Corp. filed an amended offering document that raises the maximum size of its listed issuer financing exemption offering. The company plans to close the offering on or about June 12, 2026, subject to regulatory approvals.
Semaforbusiness40 days ago
Barrick Considers London Listing of Africa Assets in Potential $30bn All-Share Deal With Endeavour
Barrick Gold is exploring a London listing for its Africa operations and an all-share transaction valued at $30 billion with UK-listed Endeavour. The moves follow earlier statements by CEO Mark Bristow on divesting riskier assets.
unexplained-mysteries.comscience40 days ago
Study Finds Rock Discontinuity Density Shifts Mining Overburden Failure Mode and Lowers Critical Width-to-Depth Ratio
A paper published June 3 in Scientific Reports models how fracture density in rock alters subsidence patterns above underground coal mines. Researchers built UDEC simulations and compared them with field cases from China's Ordos coalfield.