Republic of Mining

https://www.mining.com/ Venezuela’s attempt to revive its mining sector after Nicolás Maduro’s ouster is colliding with decades of institutional decay, illegal extraction and investor skepticism, even as the country moves to open one of the world’s most resource-rich frontiers to foreign capital. The capture of Maduro by US forces in January marked a dramatic break with ...

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https://www.bnnbloomberg.ca/ While Canada is a leading aluminum producer, there is little it can do to quickly boost supply during the current global aluminum crisis, says a commodities expert. Aluminum prices have hit a four-year high after the war in Iran knocked out two-thirds of the Gulf region’s aluminum production. The disrupted metal is widely used ...

https://financialpost.com/ After years of stop-go signals federal and provincial officials are now making approvals easier on the ground We have spent our careers working on resource projects in Nova Scotia and it’s been tough, to put it mildly. Governments of all stripes typically lack commercial instincts and employ government-style processes, and that drives industry (includi...

https://www.bbc.com/ The rising popularity of lab-grown diamonds has caused a big fall in the price of the mined gems. In the West African nation of Sierra Leone the country’s biggest diamond mine has closed. Stripped to the waist, men toil in the heat of the sun. The mud in the pit is sifted and shovelled. ...

Global mining news Canada still discovers giant gold deposits faster than it builds them and Seabridge Gold’s KSM project in British Columbia’s Golden Triangle is one of them. KSM won provincial and federal environmental approvals in 2014. Twelve years later the $8.8-billion (US$$6.4-billion) capex development remains unbuilt despite hosting proven and probable reserves of 2.29 ...