australia

DeepGreen closer to mining battery metals from the sea after $150m injection

The Canadian start-up has secured the bulk of the $150 million it needs to carry out its first feasibility studies on how to scoop up small metallic rocks containing cobalt, nickel and manganese from the seabed.

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Five BHP tailings dams could pose “extreme risk” to communities in event of collapse

The Australian miner released risk assessment results in response to pressure from a group of investors that requested information on facilities controlled by nearly 700 mining companies be disclosed.

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SolGold’s shares crater on possible mining referendum in Ecuador

Investors worry a referendum on mining in Imbabura, the province in which its flagship Cascabel copper-gold project is located, could jeopardize the mine’s future.

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Danakali about to secure financing for potash project in Eritrea

Debt financing agreements worth $200 million could be finalized “any day” and are expected to catalyze equity financing to start the almost 30-month development of the 1.1 billion-tonne Colluli sulphate of potash project, the company said.

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