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Silver Mines’ Bowdens Project Gets Final Development Approval, Australia
April 6, 2023
Silver Mines Limited said the Independent Planning Commission of New South Wales (IPC) has approved the Bowdens Silver Project allowing the project to proceed to development and production subject to conditions of consent. This follows comprehensive processes by the company,
Codelco Loses Environmental License for Ecuador Copper Project
April 6, 2023
A provincial appeals court in Ecuador has stripped Codelco and local joint venture partner Enami of its environmental license for the Llurimagua copper project, according to a ruling published Wednesday. Plaintiffs from the nearby Intag Valley, who have opposed mining
Barrick Gold and Government of Papua New Guinea Ink New Deal to Restart Porgera Mine
April 5, 2023
The government of Papua New Guinea, Barrick Niugini Limited, and New Porgera Limited signed an agreement to progress with the resumption of operations at the Porgera gold mine, which have been suspended since 2020. Porgera hosts an orebody with measured
Biden Makes Electric Vehicle Credits Elusive in Bid for U.S. Auto Renaissance
April 4, 2023
The Biden administration’s requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment in U.S. manufacturing by automakers and suppliers kick in. The guidance released Friday clarifying provisions
Glencore Invests C$4.2 Million in Critical Minerals Explorer Palladium One
April 4, 2023
Palladium One Mining (PDM) has entered into a subscription agreement for a C$4,252,050 non-brokered private placement financing with a wholly owned subsidiary of Glencore. PDM will issue 28,347,000 common shares at C$0.15 per common share. Upon completion of the private
Ford Partners with Vale Indonesia and China’s Huayou in $4.5 Billion Battery Material Plant
April 4, 2023
PT Vale Indonesia and China’s Zhejiang Huayou Cobalt entered into an agreement with global automaker Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. All three
Rio Tinto and First Quantum Minerals Form JV to Develop La Granja Copper Project, Peru
April 3, 2023
Rio Tinto and First Quantum Minerals have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the
UN to Start Allowing Deep-sea Mining Applications in July
April 3, 2023
After two weeks of negotiations, the International Seabed Authority has decided that it will start taking permit applications in July from companies that want to mine the ocean’s floor. The undersea mining will be conducted to extract key battery materials
Lundin Mining to Acquire Majority Interest in Caserones Copper Mine for $950 Million, Chile
March 31, 2023
Lundin Mining has agreed to acquire a stake of 51 percent in SCM Minera Lumina Copper Chile (Lumina Copper), the operator of the Caserones copper mine in Chile, for $950 million. In this connection, the Canada-based base metals mining company
Macmahon Secures $1.18 Billion Contract Extension at Byerwen Coal Mine, Australia
March 31, 2023
Macmahon has been awarded a 20-month contract extension to continue mining services at the A$1.76 billion ($1.18 billion) Byerwen coking coal mine in the Bowen Basin in Queensland, Australia. The contract extension comes into effect starting from November 1, 2023
