Vale considers listing base metals business in late 2026
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.
Stock Markets/Investing
Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories
Burgundy Diamond Mines (ASX: BDM), owner of the Ekati diamond mine in the Northwest Territories, says it has pulled plans for underground mining at the Sable open pit following feedback…
Asante Gold raises US$100M from mystery investor to grow Ghana mines
Asante Gold (CSE: ASE) has secured US$100 million ($136 million) through the sale of shares to a strategic investor, which it will use to fund growth and development at its…
Fire shuts part of Teck’s BC zinc plant
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has shut down part of the electrolytic zinc plant at its Trail Operations in British Columbia following what it calls a “localized fire”…
Kodal Minerals may delay Mali’s first lithium
Kodal Minerals (LSE: KOD) has flagged a possible delay in production from its Bougouni lithium project in southern Mali to early 2025 from the originally scheduled fourth quarter this year. …
Volt Lithium hits first output in Texas
The company began operating its DLE system on September 17, 2024, and is currently optimizing its field unit.
Denison deal shows slumping battery metals benefiting uranium sector
Foremost Lithium Resource & Technology (CSE: FAT; NASDAQ: FMST), a junior with early-stage projects in Quebec and Manitoba, is pivoting into uranium through a cash and shares earn-in deal with Denison…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…
Washington mulls US$456M loan for American Rare Earths project capex in Wyoming
American Rare Earths (ASX: ARR; US-OTC: ARRNF) gained after reporting the United States is considering US$456 million in debt financing for the company’s Halleck Creek Wyoming project, one of the world’s…
Summit Minerals buys parcel to grow Brazil niobium project
Summit Minerals (ASX: SUM) has expanded its Equador niobium and tantalum project in northeast Brazil with the acquisition of a small tenement beside the project from RTB Geologia and Mineracao,…
SSR targets October restart at Seabee gold mine in Saskatchewan after forest fire
SSR Mining (TSX, Nasdaq: SSRM; ASX: SSR) is expecting to restart its Seabee gold operations in Saskatchewan in the second half of October after a forest fire halted activities last…
Short-seller blasts New Found Gold for lack of resource after oodles of drilling
Shares in New Found Gold (TSXV: NFG, NYSE: NFGC) closed 5% weaker on Thursday after short-selling analyst Iceberg Research accused the explorer of misleading investors about its Queensway gold project in Newfoundland….