Category: Latest Mining News

Guinea’s military government has taken back 51 mining licences as it steps up efforts to repossess claims or concessions where operations have either not been launched or where it says permits are being underutilized, its information minister said.

The global passenger EV market, including plug-in and conventional hybrids, should easily reach 25 million units this year.

The price of gold dropped below the $3,200 per ounce mark on Tuesday, retreating from its recent highs as global investors shift their focus away from traditional safe-haven assets. The decline reflects renewed confidence in riskier markets, spurred by easing geopolitical tensions and upbeat economic data from major economies.

Peruvian gold output is expected to be significantly dented in the coming month due to a mining ban in a northern region of the country that’s seen an up-tick in criminal activity culminating in the murder of 13 mine workers.

Australia’s South32 (ASX: S32) has exercised its top-up right to maintain a 19.9% interest in American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) with the purchase of an additional 1.16 million shares.

Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting on Monday meant to identify “nation-building” projects to be fast-tracked.

Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000 for the first time, with global trade friction and a swing away from the US dollar powering demand.

BHP Group is preparing to begin looking for a new chief executive officer in the coming months, with key lieutenants already jostling for position to succeed boss Mike Henry at the top of the world’s biggest miner.

Permitting for key mining projects across the United States will be expedited as part of a plan by President Donald Trump to boost critical minerals production.

Indonesia’s nickel smelters association has requested the government delay its new mineral royalty fees until nickel prices on the London Metal Exchange have risen to $17,000 per metric ton, its chairman said on Thursday.

One in 10 Brazilian mines may be abandoned, study finds

Mr. Jenkins retired in 2023 as Senior Vice President & Treasurer of one of Canada's largest mining companies after spending over 14 years with the firm. As their Officer and the Treasurer, he was responsible for all treasury related activities including cash management, capital and structure management. Mr. Jenkins reported on such activities to the CFO, CEO and their Audit Committees of the Board of Directors and gained extensive experience in corporate finance, governance, investor relations, bank and credit rating agency relations, M&A, tax and venture investment.