US uranium miners see boost from Commerce Department report

Two uranium mining companies said on Wednesday they are “confident” that U.S. President Donald Trump will implement limits on uranium imports after the Commerce Department recommended urgent steps to boost domestic production of a list of 35 “critical minerals” that...

/ June 6, 2019

Vale creates role of safety czar after two deadly dam collapses

Brazilian mining giant Vale SA said on Wednesday it had created the new role of executive director for safety and operational excellence, following a dam burst in January that killed hundreds, its second such disaster in three years. The world’s...

/ June 6, 2019

Copper price falls on worst global factory data since 2012

The price of copper was hammered on Wednesday amid mounting worries about the impact of a trade war between the world’s two largest economies and a global slowdown in manufacturing. In early afternoon trading in New York, copper for delivery...

/ June 6, 2019

Trump's Cuba gambit pushes Canadian miner Sherritt to the brink

Sherritt International Corp., whose executives were once known as Fidel Castro’s favorite capitalists, is paying the price for its close ties to the struggling Caribbean nation. The Canadian miner, which gets all its revenue from assets in Cuba, is being...

/ June 6, 2019

Pretium drills deep, begins regional exploration program

Vancouver-based Pretium Resources reports that its 2019 deep underground drill program confirmed there is mineralization similar to the Brucejack mine at depth and to the east of the mine workings. The mine is located about 65 km north of Stewart,...

/ June 6, 2019

Estimated 5 million tonnes of lithium deposits found in southwest China

An estimated 5 million tonnes of lithium deposits have been found in China’s southwestern province of Yunnan, scientists said, potentially curbing the nation’s reliance on imports of the material, used in electric vehicle batteries. The Institute of Geochemistry, under the Chinese Academy...

/ June 6, 2019

INFOGRAPHIC: the world's top fossil fuel producers

Fossil energy fueled the Industrial Revolution, resulting in enormous technological, social and economic changes across the world. These fuels (Coal, oil, and gas) continue to play a major role in global energy systems, but which country produces the most? These...

/ June 6, 2019

Mining community raises $2m for BC Children's Hospital

Mining for Miracles, the BC mining community’s long-standing fundraising campaign for BC Children’s Hospital, presented a cheque for $2 million at BC Children’s Hospital Foundation’s Miracle Weekend on June 2, 2019. In 2019, representatives from across the industry participated in...

/ June 6, 2019

Sibanye-Stillwater reduces job cut plan in gold shake-up

Sibanye-Stillwater said on Wednesday about 3,450 jobs would be lost in the proposed restructuring of the South African company’s gold mining operations, following financial losses at some of its mines since 2017. The number of job losses is lower than...

/ June 6, 2019

Guinea iron ore prospectors set sights on ArcelorMittal rail

The race to mine Guinea’s iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway, banking and industry sources said....

/ June 6, 2019

Top 40 miners’ good performance not enough for investors – report

The world’s 40 largest mining companies showed steady growth in 2018 and consolidated the positive performance they had over the past several years, a new report by PwC revealed. In its Mine 2019: Resourcing the future report, the multinational professional...

/ June 6, 2019

Golden Share allowed to drill in the Marten Falls First Nation territory

The Ministry of Energy, Northern Development and Mines issued 10 exploration permits to Golden Share Resources (TSXV: GSH) for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James...

/ June 5, 2019