- Tariff Retaliation - Canada may consider export taxes on uranium, potash. READ MORE
- Rio Tinto Group is exploring the possibility of extracting gallium at its alumina refinery in Quebec's Saguenay–Lac-Saint-Jean region to boost the North American supply chain for critical minerals. READ MORE
- Most major gold miners miss analysts' Q3 2024 earnings expectations. READ MORE
- Mining exports from Australia are expected to drop by more than A$100 billion over the next four years due to China's slowing economy, The Guardian reported, citing the government's upcoming midyear economic and fiscal outlook. READ MORE
- Battery metals exploration drops as nickel slump offsets lithium boom. Exploration budgets for primary battery metals — nickel, lithium, and cobalt — tempered in 2024 at $1.697 billion, reflecting a marginal 0.4% decline and a virtually flat annual total, compared to $1.704 billion in 2023. READ MORE
- Vale Ventures, the venture capital arm of Brazilian miner Vale SA, will invest in Boston-based startup Electrified Thermal Solutions, which is developing fossil-free technology that would heat up industrial furnaces, such as those in mining and steelmaking, using conductive firebricks. READ MORE
- Chile's mining industry urged the government to contemplate a major investment in a new copper smelter to shield producers from dominance by foreign smelters. READ MORE
- Freeport-McMoRan Inc. applied for an environmental license for a US$741 million investment at its El Abra copper mine in northern Chile to extend the life of leaching operations, S&P Global Commodity Insights reported, as published on Platts Connect. READ MORE
- The panel reviewing Nippon Steel Corp.'s acquisition of U.S. Steel Corp. remains split on how to address the potential security concerns posed by the pending US$14.9 billion deal, the Financial Times reported. READ MORE
- BHP Group Ltd. is aiming for expansion in Brazil following the settlement and acquittal of criminal offenses for the 2015 dam collapse at its Samarco Mineração SA joint venture with Vale SA, Bloomberg News reported, citing BHP's Brazil president Emir Calluf. READ MORE
- Following Resolute Mining Ltd.'s final settlement payment of about US$30 million to the government of Mali at the end of this month to resolve a tax dispute, the company's Syama gold mine will migrate to the 2023 Mining Code in 2025 and pay a corporate income tax of 30%, up from the current 25%. READ MORE
- The panel reviewing Nippon Steel Corp.'s acquisition of U.S. Steel Corp. remains split on how to address the potential security concerns posed by the pending US$14.9 billion deal, the Financial Times reported. READ MORE
- Metinvest BV halted operations at a shaft at the Pokrovskoye coking coal mine in Ukraine due to proximity to advancing Russian troops, Reuters reported, citing an industry source. READ MORE
- The Federal Police of Brazil closed an illegal operation that mined gold from Indigenous territories worth 4 billion Brazilian reais, Reuters reported Dec. 11, citing police chief Pedro Henrique Melo. An investigation revealed that the operation recruited foreign nationals, mostly from Venezuela, to smuggle illegal gold in checked baggage on commercial flights to neighboring Venezuela and Guyana, according to the report. READ MORE
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