https://www.mining-technology.com/
Friends of the Earth and South Lakeland Action on Climate Change (SLACC) challenged the then Conservative Government’s approval in 2022.
London’s High Court ruled on Friday (13 September) that the 2022 approval of West Cumbria Mining’s deep coal mine was unlawful. The mine was set to become the UK’s first new deep coal mine in decades until Friends of the Earth and the SLACC challenged the then-Conservative Government’s approval in early 2023.
Sibanye Stillwater says it needs government support to compete with foreign producers that pay workers less and abide by looser environmental regulations.
Sibanye Stillwater, the South African company that operates the nation’s only major palladium mine in south-central Montana, said Thursday that it plans to lay off about 40% of its Montana workforce as it scales back its operation in an effort to offset losses caused by low metal prices.
(Bloomberg) — A couple hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of rare earth minerals critical to high technology has yet to break ground.
Even when it does, China’s dominance of the market — it controls about 70% of output and more than 90% of refining — means that goal will likely remain out of reach.
Mirarr Traditional Owners in the Northern Territory are disappointed at comments from Energy Resources Australia bosses they say undermine their cultural authority.
Criticism of the “disrespectful” comments in legal documents by ERA chief executive Brad Welsh and independent director Ken Wyatt comes as the company appeals the NT Government’s rejection in July of a 10-year-extension to its minerals licence over the uranium-rich land surrounded by Kakadu National Park.
Beaver Creek, Col. – Industry leaders debated the roles of economic uncertainty, inflation and monetary policy in driving gold to a record high this week even as many gold equities have underperformed.
The experts predict gold, which hit an all-time high of US$2,554.78 per oz. on Thursday, to be on a long-term bull run. Some of the sector’s most respected voices, including Sprott’s John Hathaway, mining entrepreneur Frank Giustra, gold fund manager Ronald-Peter Stöferle and investor guru Rick Rule, said central bank gold buying, geopolitical tension and a divergence from traditional asset classes are boosting gold’s price.
Vancouver-based Hertz Energy (CSE:HZ) is mobilising to the Harriman Project site in Canada this month to begin exploration for the under-supplied and increasingly sought after critical mineral, antimony.
The Harriman Project is an exploration-stage antimony project located about 17km northeast of the town of New Richmond in the Gaspé region of Québec. The region is known for its range of significant mineral deposits including Osisko Metals’ (TSX-V:OM) 495-million-tonne Gaspé Copper Project, one of the largest copper development projects in Eastern North America.
https://www.cbc.ca/news/canada/north/
Abandoned exploration camp on John Rupert’s trapline one of almost 500 such sites in Cree territory
After many, many years of asking, John Rupert’s trapline is finally scheduled to be cleaned up. The Whapmagoostui elder knows it’s likely too late for him to return to hunt there, but maybe not for his children, grandchildren and great-grandchildren.
“Because of my age, I might not be able to go back there,” said Rupert, 71, whose trapline, as traditional hunting grounds are called in northern Quebec, is 60 kilometres southeast of the community. It’s a place he knows so deep and so well that he and his father used to travel there in the dark, in a time before flashlights.
There is a danger of not only bashing the mining industry, but in treating new minerals as the “next big thing”, while overlooking legacy conventional mining.
Mining has made all Australians prosperous, not just miners. Real wages have been considerably higher during the past 20 years than if there had been no resources export bonanza or mining investment boom.
Each surge of national income from mining booms has underpinned our housing and super wealth, and kept Australians near the top of global rankings of GDP per head, behind mostly rich European tax havens and Middle East oil sheikhdoms.
Reliance on critical minerals is hurting the United States, senator says
A U.S. senator wants to ban the import of essential minerals from Russia such as platinum, palladium and copper with legislation introduced this week targeting eight critical minerals, including copper, zinc and palladium.
The bill by Sen. Steve Daines, R-Mont., was introduced after the announcement by Montana’s Stillwater Mine that it is laying off 700 employees.
Sept 12 (Reuters) – Native American opposition to Rio Tinto and BHP’s Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote in the battleground state of Arizona, underscoring the high tension over where best to extract critical minerals for the energy transition.
The mine would, if built, supply more than a quarter of America’s appetite for copper and be a key part of Washington’s efforts to eat into China’s role as the world’s largest copper processor and consumer.
(Bloomberg) — European makers of stainless steel are turning to Indonesia for nickel as the country’s booming output forces plants in other countries to shutter.
Exports to Europe of Indonesian nickel pig iron — an ingredient for stainless steel used primarily by Chinese producers — to Europe have surged to 87,485 tons this year from just 1,006 tons in 2023, according to Indonesian government data. The Netherlands, Italy and the UK have taken the shipments, the data show.
https://www.theglobeandmail.com/
Efforts to clean up a massive cyanide spill at the Eagle gold mine in the Yukon have faltered after the receivership of Victoria Gold Corp., potentially posing new threats for the environment, a former top engineer at the company says.
Four million tonnes of cyanide-laced rocks collapsed at the company’s outdoor gold-processing facility in late June, causing massive damage to mine infrastructure and contamination. About two million tonnes of contaminated materials broke through the company’s containment zone and spilled into the local environment, killing fish and raising concerns about groundwater pollution.
https://www.northernontariobusiness.com/
Sudbury mine developer will put its local knowledge to the test in asset deal with KGHM
Magna Mining, a fast-moving Sudbury mining startup company, has taken a giant leap forward by acquiring a working copper mine in the Sudbury basin along with a raft of promising properties from Polish-headquartered miner KGHM International.
Magna, known locally for its redevelopment of the former Crean Hill mine, has signed an agreement to acquire the operating McCreedy West copper mine and a stable for exploration and development properties across the Sudbury basin in a $33.3-million cash-and-share deal.
https://www.canadianminingjournal.com/
Gilbert LaBine is one of the most celebrated heroes in Canada’s mining history. He began his career prospecting around Cobalt, the Porcupine and Kirkland Lake, but his success was limited. Everything changed, however, when LaBine found pitchblende near Great Bear Lake in 1930, a discovery that cemented his legend as a plucky explorer, willing to brave the harshest northern environments to strike paydirt.
LaBine created a company, Eldorado Mines, to develop extremely valuable radium mines at Cameron Bay (later re-named Port Radium). This first mining development in the Northwest Territories (NWT) created a huge amount of excitement within the government and the industry about the potential of mining north of the sixtieth parallel.
Gold prices hit a new record on Thursday after the latest set of US inflation and unemployment figures helped bolster the the chances of a Federal Reserve cut next week. Spot gold climbed 1.6% to a new all-time high of $2,554.78 per ounce, before falling to below $2,500 as of noon ET. Three-month US gold futures were 1.5% higher at $2,580.40 per ounce.
While the producer price index for August was higher than economist forecast, rising 0.2% instead of 0.1% over the previous month, the over the overall trend remained consistent with subsiding inflation.
