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Harmony Gold to Acquire Australia-based Mac Copper in $1 Billion Deal
May 27, 2025
Harmony Gold has entered into a binding agreement to acquire MAC Copper Limited at a price of $12.25 per MAC share in cash. The transaction implies a total equity value for MAC of $1.03 billion. MAC has a 100 percent
Underground Mining Activities at Ivanhoe’s Kakula Mine Suspended After Seismic Activity, DRC
May 27, 2025
Ivanhoe Mines released an operational update on the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo, following the temporary suspension of operations at the Kakula underground mine on May 20, 2025. Senior management and a world-class team of
Barrick Opposes Mali Government’s Attempt to Take Over the Day-to-Day Operations at Loulo-Gounkoto
May 27, 2025
A ruling by the President of the Bamako Commercial Tribunal following submissions made on May 22 by Barrick’s Loulo and Gounkoto mines opposing the Malian government’s request to place the mining complex under provisional administration, is expected on June 2.
Perpetua Resources Receives Final Federal Permit for Stibnite Gold Project, Idaho
May 23, 2025
Perpetua Resources said the United States Army Corps of Engineers has issued Perpetua’s clean water act section 404 permit for the Stibnite Gold Project in Idaho. This decision comes after eight years of rigorous interagency federal permitting, and was the
Nicola Mining to Commence Gold, Silver Production at Its $33M Upgraded Processing Facility, Canada
May 23, 2025
Nicola Mining has started receiving gold and silver ore from Talisker Resources and is currently undergoing pre-production adjustment. The modern $33 million plus milling and processing facility, which is located near Merritt, British Columbia, has undergone numerous upgrades in 2H
Rio Tinto to Start Early Works, Final Studies to Increase Bauxite Production at Amrun Mine,Australia
May 23, 2025
Rio Tinto will begin early works and conduct final engineering studies to increase production capacity at the Amrun Bauxite Mine on Cape York Peninsula in Far North Queensland, aiming for first output as early as 2029. The project, named Kangwinan
EPA Reinforces Alignment of Clean Water Act Section 401
May 22, 2025
The U.S. Environmental Protection Agency (EPA) has issued a memorandum clarifying the specific and limited role that states and tribes play in the federal licensing and permitting processes under Clean Water Act (CWA) section 401. Through the memorandum, the agency
Nippon Steel Raises Bid to $14 Billion, Pledges New Mill in U.S. Steel Deal
May 22, 2025
Nippon Steel plans to invest $14 billion in U.S. Steel’s operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three
DOI Launches Process for Potential Offshore Mineral Lease Sale Near American Samoa
May 22, 2025
Advancing President Donald J. Trump’s strategic focus on domestic critical mineral development, the Department of the Interior said it is initiating the process to evaluate a potential mineral lease sale in the waters offshore American Samoa. This marks the first
NMA Testifies at House Committee on How to Counter China’s Grip on U.S. Mineral Supply Chains
May 22, 2025
The National Mining Association’s (NMA) Katie Sweeney, executive vice President and chief operating officer, testified yesterday before the U.S. House of Representatives Committee on Energy & Commerce’s Subcommittee on oversight and investigations. Sweeney discussed ways to enhance domestic mineral supply
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