White House fast-tracks mining projects

The Trump administration has added 10 more U.S. mining projects to a fast-track permitting list aimed at expanding critical minerals production across the country, reported Reuters. The latest addition brings the total number of projects to 20. The projects, which would supply copper, palladium and other minerals, have been granted FAST-41 status, a federal initiative launched in 2015 to streamline…

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Sibanye-Stillwater to layoff nearly 300

Sibanye-Stillwater will cut 287 jobs at its U.S platinum group metals (PGM) operations to reduce costs as metal prices decline, reported Reuters.  The Johannesburg-based miner announced last year the restructuring of its palladium-dominated U.S operations in anticipation of a fall in palladium prices and because of the impact of inflation on costs. This year the price of palladium has plunged…

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