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Court rejects Hudbay motion to reconsider Rosemont
The U.S. District Court for Arizona has turned down Hudbay Minerals’ (TSX: HBM; NYSE: HBM) request that it reconsider its ruling in July that prevents the company from developing its Rosemont copper mine in the state. In October, U.S. District Court…
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Protests over austerity measures in Ecuador put investors on edge
A wave of nationwide protests has shaken Ecuador and investor confidence in the emerging mining jurisdiction. As part of President Lenin Moreno’s US$4.2-billion financial deal with the International Monetary Fund to fix the oil-exporting nation’s strained finances, the Ecuadorian government…
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GOLD: Barrick, Tanzania settle differences, launch Twiga
TANZANIA – The government of Tanzania and Canada’s Barrick Gold Corp. say they have settled all the disputes between the state and the former Acacia mines. Barrick will pay US$300 million to settle outstanding tax and other disputes. In return,…
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President of Mexico says ‘no new mining concessions’
Global mining companies operating in Mexico are working with the country’s mining chamber, Camimex, to determine the impact of Mexico’s President Andres Manuel Lopez Obrador’s statement earlier this month that no new mining concessions will be handed out in the…
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ENVIRONMENT: NRCan invests in greener mining innovation
MONTREAL – Natural Resources Canada wants to see Canada’s mining industry become leaders in green technology. To that end, the federal government is investing over $1.5 million in the Royal Institution for the Advancement of Learning at McGill University. The…
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Local blockade halts OceanaGold’s Didipio mine in the Philippines
OceanaGold (TSX: OGC; ASX: OGC) has suspended underground mining at its Didipio gold-copper mine on the island of Luzon in the Philippines due to restraints imposed by the provincial government of Nueva Vizcaya. Local government units have impeded access to the…
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COMPETITIVENESS: MAC, PDAC urge mines ministers to take action
CRANBROOK, B.C. – The Mining Association of Canada and the Prospectors and Developers Association of Canada have issued a joint recommendation as the provincial and territorial mines ministers meet this week. The industry associations are urging government action to restore…
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Bolivian gov’t seeks a new deal with miners, says Minister Navarro
LA PAZ, BOLIVIA — The Bolivian government is “building a new relation between business and the state,” Bolivia’s Mining and Metallurgy Minister Cesar Navarro tells The Northern Miner in a sit-down interview in his government office. Soon after taking office in January…
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Commentary: Canadian and Australian federal governments lay out plans for mining
In August 2017, Canada’s federal, provincial and territorial ministers responsible for mining called for a Canadian Minerals and Metals Plan (CMMP) to support industry competitiveness, solidify Canada’s position as a global mining leader, and to lay the foundation for lasting…
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PDAC 2019: Ontario Mines Minister Rickford pledges to cut red tape; slams fed Bill C-69
The Ontario government has put together a new mining taskforce to help it overhaul the Mining Act. Whereas the previous Liberal government also passed legislation to modernize the mining act, Greg Rickford, Mines Minister in the new Progressive Conservative government,…
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Plan Nord bears fruit
Provincial initiative has been a key support for new Quebec projects
