January 29, 2025
With uncertainties rising in the world’s geopolitical sphere and supply chains being reworked to accommodate tensions and emerging relationships globally, the mining industry finds itself entering a new era. A rapidly evolving global landscape means that indus … Read More
January 29, 2025
Almonty Industries (TSX, ASX: AII), a global producer of tungsten concentrates, has entered an exclusive offtake agreement with SeAH M&S, the largest processor of molybdenum products in South Korea. Under the agreement, SeAH will purchase all material prod … Read More
January 29, 2025
Alamos Gold (TSX: AGI; NYSE: AGI) has received environmental approval from Mexico’s Secretariat of Environment and Natural Resources to commence construction on the Puerto Del Aire (PDA) project in the Mulatos District. The project is expected to significantly … Read More
January 29, 2025
American Rare Earths (ASX: ARR) has announced a significant increase in resource at its Halleck Creek project in Wyoming, further establishing what is already one of the largest rare earth deposits in North America. The new JORC-compliant resource estimate now … Read More
January 29, 2025
McEwen Mining (NYSE, TSX: MUX) is investing C$10 million ($7m) to secure a 3.76% stake in precious metals junior Goliath Resources (TSX-V: GOT), which owns projects in the Golden Triangle of British Columbia. The transaction, paid in McEwen shares, includes ha … Read More
January 29, 2025
China has systematically extended its control over critical minerals essential for the global energy transition and net-zero emissions, using a network of at least 26 state-backed financial institutions over the past two decades, a new report shows. The databa … Read More
January 28, 2025
The cheap and cheerful Chinese DeepSeek AI model wiped a trillion dollars off the Nasdaq index on Monday with tech industry darling Nvidia responsible for the bulk of the losses. Nvidia was down $600 billion in market cap at one point. While it seemed that thi … Read More
January 28, 2025
Wabtec Corporation (NYSE: WAB) announced Tuesday a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou (WCS, a Baowu & Winning joint venture) to support their rail operations at the Simandou iron ore p … Read More
January 28, 2025
USA Rare Earth said on Tuesday it has successfully produced a sample of dysprosium oxide (Dy₂O₃) with a purity of 99.1 wt.%. The company said this marks a breakthrough in domestic rare earth production. The dysprosium oxide sample was produced using ore from t … Read More
January 28, 2025
Montero Mining and Exploration (TSXV: MON) has agreed to settle its dispute with Tanzania over the Wigu Hill rare earth element project for $27 million, to be paid in three instalments. This amount is far less than the damage it had been seeking through arbitr … Read More
January 28, 2025
Chinese artificial intelligence company DeepSeek is making a splash in the tech world with downloads surpassing ChatGPT’s, pushing major tech stocks down, while prices of uranium – which could help power the AI revolution – declined 5% Monday night. The AI cha … Read More
January 28, 2025
Newmont (TSX: NGT) (NYSE, ASX: NEM), the world’s largest gold miner, has upped its equity holding in UK-based Ariana Resources (AIM: AAU) with the purchase of an additional 28.88 million shares for a total of $871,000. This follows Newmont’s initial investment … Read More
January 28, 2025
Cornish Metals (LON, TSX-V: CUSN) announced on Tuesday that it has successfully raised approximately £56 million ($70 million) through a fundraising effort involving the issuance of 700 million new common shares. The funds will support the reopening of the Sou … Read More
January 27, 2025
Winsome Resources (ASX: WR1) has submitted the preliminary information statement for its Adina lithium project with regulatory authorities overseeing mining projects in self-governing Indigenous communities of Northern Quebec that are signatories to the James … Read More
January 27, 2025
New Zealand-based battery materials company CarbonScape announced Monday it has signed several agreements for the supply of renewable feedstock, woodchips, to CarbonScape’s future biographite industrial plants in Europe and North America. The agreements, ink … Read More
January 27, 2025
Two holes drilled outside the resource estimate area at the past-producing nickel-copper-cobalt Selebi North underground mine in Botswana delivered grades as high as 1.73% copper, Premium Resources (TSXV: PREM) reported Monday. Drill hole SNUG-24-172 on the So … Read More
January 27, 2025
Clean energy metals explorer Earth AI announced Monday $20 million in Series B funding. The oversubscribed round was led by Tamarack Global and Cantos Ventures. Participating investors include Overmatch, Alpaca, Sparkwave Capital, and support from existing inv … Read More
January 27, 2025
Resource developers in Nova Scotia are all abuzz over the possibility of opening the province to uranium mining given recent encouraging remarks from Nova Scotia Premier Tim Houston. The province has maintained a moratorium on uranium mining since 1981. Howeve … Read More
January 27, 2025
Last year, copper mining industry watchers were kept entertained by the prospects of a tie-up between BHP and Anglo American after the world’s top miner in May launched an unsolicited bid for the 108-year old company. The FT reported over the weekend that Melb … Read More
January 27, 2025
Skeena Resources (TSX: SKE) (NYSE: SKE) is acquiring a 13% stake in TDG Gold (TSXV: TDG) through the participation of a private placement and by selling one of its properties in north-central British Columbia. Under the private placement arranged by TDG, Skeen … Read More
January 27, 2025
Cameco’s (TSX: CCO; NYSE: CCJ) Inkai joint venture project in Kazakhstan has resumed uranium production, Kazakhstan’s national uranium producer, Kazatomprom (LSE: KAP), announced on Monday. Inkai LLP temporarily suspended production activities at Block No. 1 o … Read More
January 27, 2025
Cobalt prices have plummeted to their lowest level since 2016, as record-high production continues to weigh on the battery material’s value. The world’s largest cobalt miner, which set a new production record last year, plans to maintain similar output levels … Read More
January 26, 2025
Canada is on edge, but the mining industry appears quietly confident it will emerge largely unscathed from US President Donald Trump’s threat to put 25% tariffs on all goods from its northern neighbour. More than half of Canada’s mineral exports —valued at mor … Read More
January 26, 2025
BHP Group (ASX: BHP) is opting not to make another run at acquiring rival miner Anglo American plc (LON: AAL) in the near term, the Financial Times reported on Saturday, citing sources close to the situation. According to the FT sources, the deal has become “t … Read More
January 25, 2025
Aquitaine Metals head Chris Taylor says his newest project in southwestern France could surpass one of the biggest recent discoveries of his storied career for scale and richness. Privately owned Aquitaine is preparing to start drilling its Limousin Mining Dis … Read More
January 24, 2025
US giant Newmont Corp. (NYSE: NEM, TSE: NGT), the world’ biggest gold miner, increased both its presence in the Canadian province of British Columbia and its exposure to copper when it acquired Newcrest in a $17 billion deal in 2023. The acquisition brought … Read More
January 24, 2025
Where does the world get its silver? In 2023, silver mines produced 830.5 million ounces of silver. That total is projected to decline by about 1 percent to 823.5 million ounces in 2024. Silver mine output has been declining for nearly a decade. Mine productio … Read More
January 24, 2025
Viridian Metals (TSXV: VRDN) announced Friday it has expanded its land position in Labrador through staking, securing 2,600 km² of the prospective Seal Basin. This newly acquired claim package contains over 70 documented copper occurrences, the majority of w … Read More
January 24, 2025
Southern Silver Exploration (TSXV: SSV) aims to add up to 8 million tonnes in shallow and deep resources to the Cerro Las Minitas project in Durango, Mexico, VP of exploration Robert MacDonald says. The goal is to boost the $388 million capex project’s resourc … Read More
January 24, 2025
British Columbia Premier David Eby on Thursday outlined a three-part plan to counter proposed United States tariffs on Canadian imports during remarks at the AME Roundup conference in Vancouver. Eby says the province will support federal ‘everything’s-on-the-t … Read More
January 24, 2025
Amarc Resources (TSXV: AHR) (OTCQB: AXREF) says its new high-grade copper-gold discovery marks the beginning of a new “exploration success story” within the prolific Toodoggone-Kemess porphyry disctrict of central British Columbia. Speak during a presentation … Read More
January 24, 2025
Soaring demand for electric vehicles and power plants should support copper prices over the coming decades as supply constraints continue to plague the industry, Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) says. Copper demand for new energy applications i … Read More
January 24, 2025
Agnico Eagle Mines (TSX: AEM) has moved one step closer to its planned takeover of O3 Mining (TSXV: OIII). Toronto-based Agnico, the second-largest gold miner by stock market value, has acquired 94.1% of O3’s outstanding common shares via an all-cash takeover … Read More
January 24, 2025
NEO Battery Materials (TSXV: NBM) says it will build what would be Canada’s first advanced silicon anode manufacturing facility in Windsor, Ontario, pledging to invest up to C$120 million and create over a hundred jobs in a key automotive hub. For the facility … Read More
January 23, 2025
Fortuna Mining (NYSE: FSM; TSX: FVI) reported earlier this week its fourth quarter and full year 2024 results from its five operating mines abroad. In calendar 2024, Fortuna produced 369,637 oz. of gold plus 3.7 million oz. of silver, for a record gold-equival … Read More
January 23, 2025
PurePoint Uranium (TSXV: PTU) is cutting exploration costs in northern Saskatchewan’s uranium-rich Athabasca Basin through joint ventures with major players, CEO Chris Frostad says. These include Cameco (TSX: CCO; NYSE: CCJ), France’s Orano Mining and IsoEnerg … Read More
January 23, 2025
Vale (NYSE: VALE) subsidiary Vale Base Metals announced Thursday it has launched a strategic review to explore and evaluate alternatives that include the potential sale of its mining and exploration assets in Thompson, Manitoba. The Thompson review is part o … Read More
January 23, 2025
Ontario-based recycling company Cyclic Materials, which aims to create a circular supply chain for rare earth elements (REEs) announced Thursday a $2 million investment from InMotion Ventures, the investment arm of Jaguar Land Rover, lifting the company’s Seri … Read More
January 23, 2025
Stardust Power (NASDAQ: SDST), an American developer of battery-grade lithium products, officially broke ground this week on its $1.2 billion refinery at the Southside Industrial Park in Muskogee, Oklahoma. The ceremony was held on Jan. 22, with senior officia … Read More
January 23, 2025
Artemis Gold (TSXV: ARTG) says it has advanced the commissioning of grinding circuit at its Blackwater mine in central British Columbia, and milling of first ore commenced this week.This means the company is on target for its first gold pour later this month. … Read More
January 23, 2025
Belo Sun Mining (TSX: BSX) soared on Thursday after the Brazil-focused gold developer won a federal court ruling that is deemed positive for the permitting process of its flagship Volta Grande project. The ruling by the Federal Court of Appeals in Brasília (TR … Read More
January 23, 2025
Integra Resources (TSXV: ITR) shares jumped on Thursday following the announcement of record fourth-quarter and full-year gold production results from its principal operating asset, the Florida Canyon mine in Nevada. Integra reported a total production of 72,2 … Read More
January 23, 2025
German non-profit Urgewald, in collaboration with ten partner organizations, launched on Thursday the first-ever Metallurgical Coal Exit List (MCEL), which identifies the main companies driving hundreds of new metallurgical coal projects and expansions, in an … Read More
January 22, 2025
Orezone Gold (TSX: ORE) is on track to commission a new hard rock plant later this year at its operating Bomboré mine in Burkina Faso that will boost production to more than 170,000 oz. gold per year, the company said Wednesday. Last year the open-pit mine pro … Read More
January 22, 2025
MP Materials (NYSE: MP) has kicked off commercial production of neodymium-praseodymium metal at its Independence facility in Texas along with trial production of neodymium-iron-boron magnets, the company announced Wednesday. The facility in Fort Worth will use … Read More
January 22, 2025
Critical metals, uranium and gold will shine this year driven by accelerating deglobalization and energy security demands, Sprott said in a special report Monday. Broader trade conflicts affecting allies and adversaries alike could reduce business investment a … Read More
January 22, 2025
Amaroq Minerals (AIM, TSXV: AMRQ) has expanded its presence in southern Greenland following the award of a new licence that takes its total landholding to 6,800 km². The Johan Dahl land licence covers 666.5 km² of the South Greenland copper belt, a region that … Read More
January 22, 2025
Savannah Resources (AIM: SAV), the British company behind the Barroso lithium project in Portugal, said on Wednesday that the latest exploration results point to a larger deposit than the previously estimated 28 million tonnes of high-grade lithium. According … Read More
January 22, 2025
Gold soared to its highest intraday level in nearly three months on Wednesday, as the lack of clarity around US President Donald Trump’s policy plans sparked fears of market volatility, boosting the appeal of safe havens. By 11:05 a.m. ET, spot gold had risen … Read More
January 22, 2025
Rio Tinto (ASX, LON, NYSE: RIO) said on Wednesday it is very optimistic about US President Donald Trump granting it the final permits for its long-delayed Resolution copper project in Arizona. The mining giant has faced a 12-year permitting battle to develop t … Read More
