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First Quantum Minerals Cuts 4,000 Jobs After Panama Supreme Court Rejects Mine Operations
December 11, 2023
Canadian firm First Quantum Minerals (FQM) said Friday it was laying off more than 4,000 workers after a court prohibited it from operating the largest open-air copper mine in Central America. The company’s Panamanian subsidiary said in a press release
Dominion Energy’s GardenFest of Lights Ranked Best Holiday Lights in the Nation
December 11, 2023
This year’s Dominion Energy’s GardenFest of Lights display was voted the best holiday lights in the nation by USA Today. On Friday, Dec. 8, USA Today announced Dominion Energy’s GardenFest of Lights ranked at No. 1 in its Best Botanical
Lynas Feeds First Material to Its Kalgoorlie Rare Earths Processing Facility, Australia
December 8, 2023
Australia-based Lynas Rare Earths has introduced the first feed of material into the Kalgoorlie rare earths processing facility located in Western Australia from the company’s Mt. Weld rare earth mine. The first feed to the facility comes after the completion
Deep-sea Mining in Arctic Ocean Gets Green Light from Norwegian Lawmakers
December 8, 2023
Norway’s minority center-left government and two large opposition parties made a deal Tuesday to open the Arctic Ocean to seabed mineral exploration despite warnings by environmental groups that it would threaten the biodiversity of the vulnerable ecosystems in the area.
Venezuelan Presiden Maduro Orders Immediate Exploitation of Oil, Gas and Mines in Guyana’s Essequibo
December 8, 2023
Venezuelan President Nicolás Maduro on Tuesday ordered the country’s state-owned companies to “immediately” begin to explore and exploit the oil, gas and mines in Guyana’s Essequibo region, a territory larger than Greece and rich in oil and minerals that Venezuela
Barrick Named Tanzania’s Employer of the Year
December 8, 2023
The North Mara Gold Mine has been crowned Employer of the Year at the prestigious 2023 Association of Tanzania Employers (ATE) Awards ceremony. North Mara is operated by Barrick and is jointly owned with the Tanzanian Government through Twiga Minerals
U.S. Gives $50 Million Boost to Critical Minerals Investor TechMet
December 7, 2023
TechMet, a global critical minerals investment company, has secured a further $50 million commitment from the U.S. International Development Finance Corporation (DFC) as part of its latest fundraising round. A ceremonial signing of the commitment letter for the extra $50
CaNickel Signs Option Agreement for Sale of Bucko Lake Mine for $59 Million
December 7, 2023
CaNickel Mining Limited has signed an option agreement with Cobalt One Energy, owned by Blackstone Minerals, to which Cobalt One has been granted the exclusive right and option for a 12-month period to purchase CaNickel’s 100 percent owned Bucko Lake
Rio Tinto Kennecott to Fully Transition to Renewable Diesel
December 7, 2023
Rio Tinto said it will replace its entire fossil diesel consumption with renewable diesel at its Kennecott copper operation in Utah from 2024. Kennecott’s fleet of 90 haul trucks and all heavy machinery will begin to transition to renewable diesel
Evolution Mining to Acquire 80% Interest in Northparkes Mine for $475 Million, Australia
December 7, 2023
Evolution Mining said it has entered into a binding agreement to acquire an 80 percent interest in the Northparkes copper-gold mine from CMOC Group. Evolution said it will acquire Northparkes mine, located in New South Wales, for total cash consideration
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