Strateco Resources announced it is suing the Quebec government for $190 million for refusing to authorize its Matoush uranium project. The company looks set to bring an end to years of battles over uranium mining in the province.
Zinc Investing News spoke to a variety of zinc market participants to get an overview of what happened to the metal in 2014 and what may be in store for it in 2015. Read on to find out what they said.
The achievement is a milestone not only for the company, but also for Namibia. Otjikoto is only the second gold mine in the country, and according to B2Gold it's made history for being one of Namibia's fastest-moving mine construction projects.
On Friday, the United States Senate passed the National Defense Authorization Act by a margin of 89 to 11. Included in the act are land provisions that will be key to the development of two major copper projects in the United States.
The Indian government moved forward with a bill to open up commercial mining in the country when the Lok Sabha passed the Coal Mines (Special Provisions) Bill, 2014 on Thursday. The bill includes the Coal Mine Nationalisation Act, which will allow companies to mine coal in India "in any form either for own consumption, sale or for any other purpose."
At the end of 2013, some were wondering whether 2014 might be the year China would start to loosen its grip on the rare earths market. But although there are signs its monopoly is slipping, the country still definitely produces the lion's share of the world's rare earths.
For some time now, market watchers have noticed BHP Billiton's growing interest in copper, but on Thursday, the company specifically talked about how it expects to favor the red metal much more than iron in the near future.
The company made that forecast at Wednesday's investor day. It also announced that it's looking to divest its Araguaia, Sipilou and Cosmos nickel properties as it looks to narrow its focus on core assets.
Paul Wright, CEO of Eldorado, joined Henry Bonner of Sprott Global Resource Investments to discuss his company's partial divestiture of its Chinese mines and projects. What he said is useful for investors who are looking at opportunities outside the US and Canada.
A recent report from Haywood Securities looks at several companies that the firm believes are positioned to do well next year. Overall, Haywood suggests that "while the [exploration and development] group may be down, it is certainly not out, with many good opportunities remaining."