Global Atomic plunges as Niger’s junta expels US troops
Shares in Global Atomic (TSX: GLO) have dropped nearly a third since the military rulers of Niger, where the company is developing its Dasa uranium project, vowed on the weekend…
Financing
Antofagasta lands US$2.5B loan for Centinela copper expansion
Chilean miner Antofagasta (LSE: ANTO) has secured US$2.5 billion to finance a second concentrator at its Centinela copper mine in the country’s north, which will add 144,000 tonnes a year to…
JV Video: Quebec boosts critical minerals plan
Quebec has added germanium, manganese and apatite to its critical minerals list to remain abreast of emerging battery technologies, Jonathan Lafontaine, strategic advisor on mining to the Quebec government, says…
Net-zero goal within reach, or is it, new surveys argue
Solar energy will dominate the mining industry by 2040, or it will take an additional 20 years, according to two new executive surveys from different sides of the globe. Mining…
Poor forecasting triggers big writedowns for miners while some get lucky, study shows
Mining companies must improve their metal price forecasting to reduce mine failures and increase long-term returns for investors, according to a new study. Tumbling metal prices account for more than…
Lithium Americas gets record US$2.2B loan for Thacker Pass
The mine, which will supply General Motors, is a key part of US President Biden’s efforts to reduce dependence on Chinese lithium.
Northisle’s new gold resource may boost Vancouver Island project’s economics
Northisle Copper and Gold (TSXV: NCX) says its first resource estimate for the Northwest Expo deposit at its North Island project in British Columbia beat expectations and bodes well for…
PDAC 2024: Burzynski on Windfall’s excess; Wabun, O3, Lundin, McConnell also awarded
John Burzynski, Osisko Mining’s (TSX: OSK) chairman and CEO, recalls how exploration drilling at the Windfall gold project in Quebec set a few records and ruined an entire generation of…
PDAC 2024: Some junior miners must die so others may live, panel says
Canada’s once-mighty junior mining sector crumbled after governments squeezed the middle class and let multinationals buy the country’s big miners, a panel of finance experts told mining’s biggest conference this…
Feds plan scrutiny of Chinese offtake deals, minister says at PDAC
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…
Does mining need saving?
Some issues of The Northern Miner are more fun to put together than others. Our March 2024 edition, unfortunately, offers a sobering read. It’s filled with news of shuttered mines…
Nasdaq newbie Critical Metals plans EU’s first battery-grade lithium mine in Austria
The chairman of Critical Metals (NASDAQ: CRML) says he’s unfazed by a plunging debut this week on the Nasdaq exchange and depressed commodity prices as the company advances what could…