Canada’s first rare earth miner in trading halt on expansion rumours
Vital Metals is said to be in final talks to acquire two RREE projects in Quebec, one of which is considered to be the world’s fourth largest dysprosium deposit.
Articles by Cecilia Jamasmie
Aluminum, copper, zinc usage from solar energy sector expected to double by 2040 – report
A new report by Wood Mackenzie predicts that the usage of aluminum, copper, and zinc in the solar power sector will double by 2040, thus prompting an increase in demand. …
Gates-backed firm ties up with Bluejay on battery metals quest
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, will pay $15m in exploration funding for project in Greenland
Euro Sun Mining to list in London before year-end
Euro Sun Mining (TSX: ESM) says it plans to float on the London Stock Exchange later this year, likely in September, as it looks to fund the first phase of its Rovina…
Nordgold begins mining at Lefa’s satellite deposit
The Diguili deposit, located about 35 km from Lefa’ processing facility, is considered a core pillar of Nordgold’s expansion strategy.
Mountain Province bounces back as diamond demand returns
Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its…
Resolute Mining sells Bibiani mine to Asante Gold for US$90 million
Australia’s Resolute Mining (LSE: RSG; ASX: RSG) is selling its Bibiani gold mine in Ghana to Canada’s Asante Gold (TSXV: ASE) for US$90 million in cash. The company will receive an initial US$30 million payment, followed by…
Chilean lawmakers postpone vote on controversial mining royalty bill
Bill calls for a 3% royalty on sales of over 12,000 tonnes of copper productions a year and 50,000t/y of lithium.
Anglo American, Salzgitter to jointly advance green steel
Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The partners intend to conduct research into…
Quebec injects $13.5 million into Monarch Mining to help it reopen Beaufor
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon…
BHP to expand nickel operations to meet soaring demand
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia…
Lucara digs up 393 carat diamond at Karowe
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company’s Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the operation so far this year. …