According to Mining.com, Burkina Faso is accelerating its natural resource nationalization drive by demanding an additional 35% stake in West African Resources’ (WAR) Kiaka gold mine. The move forced WAR to suspend trading on August 28, with trading expected to resume on September 1. WAR has grown from a struggling exploration firm into one of […]
According to Mining.com, Burkina Faso is accelerating the nationalization of its natural resources. The government recently requested an additional 35% stake in the Kiaka gold mine, operated by West African Resources (WAR), forcing the company to suspend trading on August 28. WAR stated that the government aims to secure greater rights, and trading is expected
According to Mining Weekly citing Reuters, the United States has announced a new Quad Critical Minerals Initiative (QCMI) in partnership with Australia, India, and Japan, despite recent trade frictions and political disagreements among the nations. All four countries share concerns over the security of critical mineral supply chains, especially amid growing geopolitical instability. However, U.S.
On Monday, June 23, Mexican President Claudia Sheinbaum announced that Mexico will not issue any new mining concessions, marking a significant policy shift in the country’s natural resources management. “There will be no new mining permits—none,” Sheinbaum stated during a press briefing. She emphasized that her administration would review the environmental impact permits of existing
According to a report from BNamericas, a R$5 billion (US$900 million) fund established by Brazil’s Development Bank (BNDES) and national innovation agency Finep has selected 50 projects tied to the critical minerals supply chain. The goal of the fund is to promote investments that develop, innovate, and process key minerals like lithium, graphite, copper, nickel,
Brazil to Invest R$5 Billion in Critical Minerals to Boost Clean Energy Transition Read More »
Freeport-McMoRan Inc., the largest copper producer in North America, has expressed concerns that potential U.S. tariffs on imported copper—touted by former President Donald Trump as a way to boost the domestic industry—could ultimately do more harm than good. In late February, Trump directed the U.S. Commerce Department to investigate copper imports under Section 232 of
Freeport-McMoRan Warns Copper Tariffs May Backfire Despite Short-Term Gains Read More »
On Saturday, May 31, the European Commission issued a stern warning against the U.S. government’s decision to double tariffs on imported steel and aluminum. The EU condemned the move, stating it undermines mutual efforts to resolve trade disputes through dialogue and pledged to implement countermeasures by July 14, or earlier if necessary. According to the
EU Warns of Retaliation as US Doubles Tariffs on Steel and Aluminum Imports Read More »
Ivanhoe Atlantic (IA), the latest venture by renowned mining mogul Robert Friedland, is reportedly lobbying the US government to include iron ore on the United States’ critical minerals list, aligning with the country’s strategic efforts to secure essential materials for defense manufacturing. According to Mining.com, IA’s campaign reflects a broader U.S. initiative to fortify its
In the first half of 2025, mainstream market expectations centered around the pace of zinc mine supply recovery. As supply gradually resumed, zinc prices declined, with the main futures contract falling to the 22,000–23,000 yuan/ton range. As market sentiment stabilized, prices found support. In the short term, the Shanghai zinc main contract is expected to
On Tuesday, May 13, in response to industrial and energy transition needs, India’s domestic copper demand is expected to double by 2030. Domestic copper industry players include Hindalco Industries, Vedanta, Adani, and state-owned Hindustan Copper. It is estimated that India’s refined copper output is around 555,000 tonnes, and the country imports about 500,000 tonnes of
