Costmine Intelligence survey found the average CEO salary for companies with market values of more than $1 billion is $7.8 million a year. But two CEOs accepted just $1.

Undersea mining is still illegal under international law and environmentalists rail against it for threatening ocean ecosystems with habitat damage, silt and noise.

As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions.  

The company says drill results show the potential to expand the historical deposit in Arizona, which hasn’t been mined in almost 70 years. 

Wages for some copper and gold mine employees in the southwest United States increased by around 10% in the last year and a half, helping raise hourly pay by 4%.

Quebec is becoming known for mining project funding that hands out several hundred million dollars a year and promotes the province as a battery metals hotspot.

Boardwalk would have an after-tax net present value of $1.7 billion at an 8% discount rate with an internal rate of return of 17.8%.

The board of directors is to analyze binding offers for a 10% stake that could be valued at $2.5 billion.

Miners are scrambling to develop projects.  

Lithium Americas is aiming to mine and process enough lithium carbonate on the Nevada site for batteries to power a million vehicles a year.

USACE will take another look at its refusal in 2020 to approve the project after Northern Dynasty successfully appealed the decision.

The refinery would be one of only a handful of its kind outside China if it starts as planned in 2026.