Lynas shares jump on deal for US rare earth plant
Australian rare earths miner Lynas Corp.’s (ASX: LYC) shares jumped on Friday after it announced a deal with the U.S. government to build a commercial light rare earths separation plant in Texas….
2021
Developing a market for scandium oxide
If you blinked you might have missed the news last week but it was extraordinary: Rio Tinto (NYSE: RIO; LSE: RIO) and the Quebec government announced they are building a…
Remote Roundup looks at commodities and financial markets
Wrapping up the second day of the Association for Mineral Exploration’s (AME) Remote Roundup 2021 was a virtual session that brought together a group of industry experts who provided their…
Harte to proceed with Sugar Zone expansion based on positive feasibility
Ontario-focused Harte Gold (TSX: HRT; US-OTC: HRTFF) has announced plans to go ahead with an expansion of its Sugar Zone mine to 1,200 tonnes per day, from the current 800…
Eldorado to buy QMX Gold for US$105 million
Eldorado Gold (TSX: ELD; NYSE:EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million…
Remote Roundup discusses Canada’s role in the green economy
The second day of the Association for Mineral Exploration’s (AME) Remote Roundup 2021 opened with Stephen Piercey, professor of economic geology in the Department of Earth Sciences at Memorial University…
Gatos Silver puts Mexican mine into production and then lists on TSX/NYSE
It’s unusual for a privately held company to put a mine into production before it becomes a publicly listed company. “It’s incredibly rare – by and large it’s virtually impossible…
First Mining Gold releases PFS on open pit development at Springpole
First Mining Gold (TSX: FF) has released the results of a prefeasibility study on an 11-year, 30,000 tonne per day open pit operation at its Springpole gold project in northwestern…
Sabina grows Back River resources ahead of feasibility update
Developer Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) has released an updated resource for its Back River gold project in Nunavut, which shows resource growth in both the measured…
Alexco drills high silver grades below Bermingham deposit at Keno Hill
As Alexco Resource (TSX: AXU.TO; NYSE-AM: AXU) is starting up its Keno Hill silver mine in the Yukon, the company has reported drill results from its surface exploration program focused…
Antofagasta’s Los Pelambres expansion to cost extra US$400 million
Chilean miner Antofagasta (LSE: ANTO) revealed today that the expansion project at its Los Pelambres operation in the home country would cost US$1.7 billion, up from the original US$1.3 billion, due…
‘Miners have to dare if they’re going to succeed’ says panel at Remote Roundup
The first day of the Association for Mineral Exploration’s (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada and, for the first time,…