In the small town of Black Hawk, Colorado, a battle is brewing over the future of the local mining industry. For years, the town has been home to a thriving gold-mining industry, but now the city council is considering a ban on all forms of extractive mining. If the ban is passed, it would be…
Glencore, one of the world’s largest commodities trading and mining companies, is reportedly mulling offers for its CSA copper mine in Australia. The Swiss-based company is said to be in discussions with several interested parties, including a consortium led by private equity firm EMR Capital. The CSA copper mine, located in Cobar, New South Wales,…
The mining industry in British Columbia has a long and storied history, one which has been intertwined with the development of the province itself. From the discovery of gold in the Cariboo region in the late 19th century, to the emergence of copper and coal mining in the 20th century, mining has been an integral…
Teck Resources Limited, one of the largest diversified mining companies in the world, announced on March 4, 2021 that it will spin off its coal business into a new entity called Teck Metals Ltd. The move is part of the company’s strategy to focus on its core metals businesses and reduce its exposure to the…
The nickel market has been facing a squeeze in recent months, with prices rising to their highest levels in a decade and supply shortages becoming increasingly severe. The nickel market has been under pressure for some time, with demand for the metal outstripping supply. This has been driven by strong demand from the stainless steel…
AngloGold Ashanti, the world’s third-largest gold producer, has announced that it is putting its Crixas gold mine in Brazil up for sale. The company said that the decision to divest the mine was part of its ongoing strategy to focus on its core operations and to reduce its exposure to countries with high political and…
Barrick Gold Corporation and Reunion Gold Corporation have announced that they will be joining forces to pursue key assets in South America. This move is part of a larger effort by the two companies to expand their presence in the region and capitalize on the vast mineral resources that are available in the area. The…
Anglo Asian Mining PLC (AIM:AAZ) is back in the black after the company reported a pre-tax profit of $3.5 million for the six months ended 30 June 2017. The turnaround was driven by a doubling of copper production and a surge in gold sales. The London-listed company, which operates the Gedabek gold, copper and silver…
The gold mining company Kinross Gold Corporation has announced that its gold mining operations in Russia are unaffected by the sanctions imposed by the United States and its allies on the country. The company said that it is closely monitoring the situation and is in compliance with all applicable laws and regulations. The sanctions, which…
Copper and nickel prices have been on the rise in recent weeks as European countries scramble to secure enough of the metals to meet their industrial needs. The price of copper has jumped by more than 10% since early April, while nickel has seen an even bigger surge, rising by more than 20%. The price…