Canadian Critical Minerals (CCMI) is intensifying its focus on the Bull River Mine (BRM) project near Cranbrook, British Columbia. As a high-grade advanced underground copper mine in the province, BRM features extensive underground infrastructure. Its location benefits from existing amenities like roads, power supply, rail access, and proximity to mining communities. Resource Estimates and Deposit Characteristics The BRM project encompasses...
Incidents at Kansanshi and Sentinel Operations First Quantum Minerals, a Canadian mining company, has reported two fatalities at its operations in Zambia last week. The first incident occurred at the Kansanshi mine, one of Zambia’s largest copper mines, involving a worker from the contracting partner, Reliant Drilling. The individual tragically lost their life following a fall of ground incident, which...
Over 100 employees from Glencore’s Nordenham facility staged a demonstration in Berlin, pressing the German government for an electricity price cap to safeguard their jobs in energy-intensive industries. The rally, under the slogan “Bridge electricity price now!”, was organized by the metalworkers’ union Industriegewerkschaft Metall. Urgent Call for Government Action Klaus Garlichs, the Works Council Chairman at the zinc smelter,...
The Peruvian government has suspended new mining concessions in a key area of the Nanay River, following public outcry and environmental concerns. Community Concerns Prompt Action In a recent town hall in Iquitos, Jorge Enrique Soto, the General Director of Mining, announced the suspension, responding to persistent demands from local citizens, environmental groups, and Indigenous organizations. These groups have been...
Rio Tinto expands its foray into lithium through a partnership with Charger Metals on the Johnston Lake project, while Emirates Global Aluminium ventures into aluminum recycling, constructing a facility to produce secondary aluminum. Indian conglomerate Vedanta Resources announces its plans to build a copper rod production facility in Saudi Arabia, marking its first venture outside India. Russian aluminum giant Rusal...
The Salvadoran government, led by Foreign Affairs Minister Alexandra Hill Tinoco, has called for a humanitarian corridor for truckers stranded amidst ongoing protests in Panama against First Quantum Minerals’ Cobre Panama mine. Protests Escalate in Panama Protests, which began in mid-October, have escalated recently, with reports of activists attacking mine workers. The unrest has disrupted crucial supplies to the mine,...
Rapid Development and Production Goals DMCI Mining Corp., a subsidiary of DMCI Holdings Inc., announced that its new nickel mine in Zambales is on track to be fully operational by the first quarter of 2024. DMCI Mining Corp. President Tulsi Das Reyes expressed confidence in achieving this timeline, signaling a significant expansion in the company’s mining operations. Zambales Chromite Metals...
An altercation at the Cobre Panama mine, operated by First Quantum, resulted in injuries to several mine workers, according to union leader Michael Camacho of the Utramipa union. Violent Incident and Aftermath The conflict escalated when a group of protesters, traveling in a pickup truck, hurled stones at buses transporting mine employees. The incident led to one bus stopping and...
Agreement Details and Liabilities Transfer Nornickel, via its subsidiary Norilsk Nickel Africa Proprietary Limited, has finalized an agreement to transfer its 50% stake in the Nkomati joint venture to African Rainbow Minerals Limited. The deal includes the transfer of all Nkomati’s liabilities, including environmental obligations, to ARM, for a fee payable by NNAf to ARM. The transaction is expected to...
Controversial Tax Proposals on Mining The Biden administration is considering increasing taxes on mining activities within the United States. A report by an interagency group led by the Interior Department suggests imposing royalty payments on minerals and a separate “dirt tax” on material moved during mining and reclamation processes. This “dirt tax” would target the vast amounts of non-valuable material...
