Ivanhoe Mines invests in pulsed-power tech firm
Canada’s Ivanhoe Mines (TSX: IVN) has reached a deal to convert a loan balance of $76 million owed by High Power Exploration (HPX) into an equity investment in I-Pulse, HPX’s parent…
Articles by Cecilia Jamasmie
Mineral Resources ends lithium deal with Ganfeng
As a result, the Australian lithium miner has withdrawn its production forecast for Mt Marion mine.
Codelco CEO leaves as copper giant faces lithium role, output slump
Codelco’s copper production has fallen this year more than 11% to at a 25-year low, despite investing about $3.5 billion a year to revamp its aging mines.
Hudbay Minerals, Copper Mountain shareholders approve merger
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC) shareholders have approved the resolutions required to complete their planned merger. The deal hands Hudbay the Copper Mountain…
Cornish Metals to start dewatering South Crofty tin-copper mine
Cornish Metals (TSXV: CUSN; LSE: CUSN) is ready to start dewatering at its South Crofty tin-copper project in Cornwall, southwest England, as it moves closer to reopening the past producing mine….
CanAlaska to drill Geikie uranium project, plans nickel spinout
CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has begun mobilizing its field team, drill crew and equipment to it’s 60%-owned Geikie uranium project in Saskatchewan’s Athabasca Basin, an area that currently…
Lithium Americas produces first carbonate at Argentina’s Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) has produced its first lithium carbonate at the Caucharí-Olaroz project in Argentina’s Jujuy province. While the material is not battery-quality, the miner noted that…
Appian sells nickel-copper mines in Brazil to ACG for US$1 billion
Private equity firm Appian Capital Advisory is selling its wholly owned Atlantic Nickel and Mineração Vale Verde operations in Brazil to ACG Acquisition Co. (LSE: ACG) for US$1 billion cash….
Glencore bids for Teck Resources coal unit
Glencore (LSE: GLEN) confirmed on Monday it had approached Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) with a proposal to buy the Canadian miner’s steelmaking coal business, in the latest…
Hummingbird Resources pours first gold at Kouroussa mine in Guinea
Hummingbird Resources (AIM: HUM) said on Friday it had poured first gold at the Kouroussa mine in Guinea on Thursday, ahead of schedule and on budget. Commissioning at the mine began in…
Franco-Nevada grows royalty on Marathon Gold’s Valentine project
Gold royalty and streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) is buying an additional 1.5% net smelter returns royalty (NSR) on Marathon Gold‘s (TSX: MOZ) Valentine project for US$45 million ($60 …
Petra Diamonds flags revenue hit as it defers sale to August
Petra Diamonds (LSE: PDL) has postponed the majority of what would have been its sixth sale for its 2023 fiscal year due to what it calls “a temporary slowdown” in…