Uranium spot prices to climb in ‘staircase’ pattern, Sprott forecasts
As 2024 closes out, the uranium spot price touches a low point for the year but remains at a higher level than seen in more than a decade, as Japan’s…
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Governments inject US$50M into Nouveau Monde Graphite for ore-to-battery plans
Nouveau Monde Graphite (NYSE: NMG; TSX.V: NOU) announced a US$50 million equity investment by the Canada Growth Fund (CGF) and the Quebec government – via its agent Investissement Québec –…
Brazilian authorities shut Jaguar mine after tailings slide
Local labour officials shut Jaguar Mining‘s (TSX: JAG) Turmalina gold mine in Brazil due to safety risks stemming from a recent tailings pile collapse. The mine—part of Jaguar’s MTL complex…
Rio Tinto, BHP, BlueScope select Perth to build low-emission iron plant
Australia’s two largest iron ore miners, Rio Tinto (ASX, LSE, NYSE: RIO) and BHP (LSE, NYSE, ASX: BHP), working with BlueScope Steel, have selected Perth to locate the country’s largest…
London Symposium Video: ESG needs realistic overhaul, O’Toole says
American voter backlash against environmental, social and governance (ESG) principles threatens Canada’s mining industry and its role in the continent’s emerging clean energy supply chain, the former head of the…
Miners navigate high risks, ransoms in West Africa
Mali’s military government is trying to arrest the CEO of the world’s second-largest gold company while the junta in Niger has tightened its stranglehold on a French state-owned uranium mine….
Sierra Metals shares jump on takeover offer from Peruvian firm
Alpayana SAC, a private Peruvian mining company, said Friday it would bypass Sierra Metals‘ (TSX: SMT) board and make a direct, all-cash offer of 85¢ per share to shareholders. The…
Zimbabwe looks to hike free carry stakes in 2025
Zimbabwe is joining the club of African states looking for a higher ownership stake in mines and mining projects. It plans to take a 26% free carry interest in new…
Hummingbird Resources sold to Nioko Resources in £13.8M cash deal
Nioko Resources, a subsidiary of creditor CIG, on Monday agreed to buy Hummingbird Resources (AIM: HUM) in an all-cash deal worth about £13.8 million. Nioko, which owns 41.81% of debtor…
Canadian Critical Minerals confirms 10.4% in XXIX Metal Corp.
Canadian Critical Minerals (TSXV: CCMI; US-OTC: RIINF) now has a 10.4% stake in XXIX Metal Corp. (TSXV: XXIX), which controls two of the largest copper projects in Eastern Canada, CCMI confirmed…
Norge Mining buys Europe’s largest natural graphite producer
Skaland mine is the world’s highest-grade, operating flake graphite mine and the fourth-largest graphite mine outside China.
Barrick to halt Mali operations if output remains blocked
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest gold miner, has issued a stark warning: it will suspend operations in Mali if shipments of gold remain blocked and disputes…