Canadian oil export concerns, Mount Milligan extension approved, and artificial intelligence’s growing role in mineral exploration
https://magazine.cim.org/en/news/2026/weekly-mining-news-recap-january-9/
Publish Date: 2026-01-09 12:40:00
Source Domain: magazine.cim.org
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Centerra Gold Mine Approval: British Columbia’s Environmental Assessment Office extended the operation of the Mount Milligan copper-gold mine through 2035.
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TSX Record High: The Toronto Stock Exchange (TSX) hit a new closing record of 32,219.95 amid the aftermath of U.S. forces’ capture of Venezuelan President Nicolás Maduro.
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Greenland Annihilation Threat: U.S. Secretary of State Marco Rubio will discuss Greenland’s potential annexation with officials from Greenland and Denmark amid security threats discussed by President Trump.
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AI in Exploration: A report indicates that while AI and machine learning adoption is growing in mineral exploration, barriers like budget, ROI, skills gaps, and distrust remain.
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Glencore and Rio Tinto Merger Talks: The companies are revisiting discussions for a possible all-share merger to form the world’s largest mining company.
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Arianne Phosphate Funding: The firm will receive up to $735,000 in federal funding for phosphate processing at its Quebec project.
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Kamoa-Kakula Smelting: Ivanhoe Mines has initiated copper anode production at its smelter in the Democratic Republic of the Congo with a targeted annual capacity of 500,000 tonnes.
