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NEWS Click on text to read news by category: General | Product | People | Worldwide

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

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Mexico’s President Proposes Tougher Mining Laws, Shorter Concessions

April 3, 2023

The Mexican government’s proposed overhaul of mining laws, including shorter concessions and tighter rules for permits, drew a quick warning from industry leaders who fear it could undermine the sector’s growth prospects. President Andres Manuel Lopez Obrador offered the draft

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Butte’s World Museum of Mining Plans April Opening, Montana

April 3, 2023

The World Museum of Mining’s gift shop will open for season on Saturday, April 1, and underground tours will begin, depending on tour guide availability. The gift shop will be open 10 a.m. to 2:30 p.m. seven days a week

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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

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Major Fire at Alliance Resources’ Tunnel Ridge Prep Plant, W.Va.

March 31, 2023

It is not yet known when the Tunnel Ridge mine’s prep plant will resume operation after a major fire Monday night, but the mine’s general manager said mine production was not affected. The cause of Monday’s fire remains under investigation,

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Jervois Suspends Final Construction at Idaho Cobalt Operations

March 31, 2023

Jervois Global Limited said it will suspend final construction and full concentrator commissioning at its 100 percent owned Idaho Cobalt Operations mine (ICO) in Idaho, due to continuing low cobalt prices and U.S. inflationary impacts on construction costs.  Its expects

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United States and Japan Sign Critical Minerals Agreement

March 31, 2023

United States Trade Representative Katherine Tai and Japan’s Ambassador to the United States, Tomita Koji, signed a critical minerals agreement, Agreement Between the Government of Japan and the Government of the United States of America on Strengthening Critical Minerals Supply

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Republican Energy Package, Including Stauber’s Mine Permit Reform Bill, Passes House

March 31, 2023

The Republican energy package, which includes U.S. Rep. Pete Stauber’s mine permitting reform bill, was approved by the U.S. House of Representatives on Thursday. H.R. 1, called the Lower Energy Costs Act, passed the House with a 224-204 vote. Four

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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

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Epiroc Boosts Highest-capacity Minetruck MT65 S with New Productivity and Reliability Levels

March 31, 2023

Epiroc’s highest-capacity Minetruck MT65 S for large underground operations recently received a new upgrade. Customers can now enjoy enhanced productivity by up to 18 percent compared to the previous model. The mine truck has improved reliability thanks to the new

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