U.S. markets continue to slide during Dec. 12 – 16 trading week
The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to 3,852.4. The top value gainer…
2022
Ioneer’s lithium-boron project in Nevada moves into final permitting stage
Australia-based ioneer (NASDAQ: IONR; ASX: INR) said on Monday its flagship Rhyolite Ridge lithium-boron project in Nevada has advanced into the final stage of federal permitting. The company said the…
Canada Nickel acquires former Texmont nickel mine near Timmins
Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF) is buying a 100% interest in the past-producing Texmont nickel property, situated between the company’s Deloro and Sothman properties south of Timmins, Ont. …
Perpetua awarded up to US$24.8M under US Defense Production Act, stock jumps
Perpetua Resources (TSX: PPTA; NASDAQ: PPTA) announced on Monday that its Idaho-based subsidiary has received a technology investment of up to US$24.8 million under Title III of the Defense Production…
Trevali sells stake in Namibia’s Rosh Pinah mine to Appian
Trevali Mining will sell its 90% interest in the Rosh Pinah zinc-lead-silver mine, in Namibia, to Appian Natural Resources Fund III. The embattled miner has had a difficult financial and…
Newcrest CEO Biswas leaves Australia’s top gold miner
Newcrest Mining (TSX: NCM; ASX: NCM) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia’s top gold…
Transparency International denounces lack of clarity in Cobre Panamá’s negotiations
The Panamanian chapter of Transparency International (TI) issued a communiqué denouncing what the organization deems as a lack of clarity in the negotiations between the government of President Laurentino Cortizo…
CMS 2022: Hecla steps up to meet ‘extraordinary demand growth path,’ says CEO Phil Baker
North America’s oldest silver miner, Hecla Mining (NYSE: HL), is set to consolidate its position as the continent’s primary silver leader. It is working to increase U.S. output by 20%…
Robex to restart Nampala gold mine in Mali after artisanal miner dies
Robex Resources (TSXV: RBX) was set to restart operations at its Nampala gold mine in Mali after a trespasser was killed on Thursday and work was halted temporarily, the company…
How Brazil is becoming a global leader in the production of green metals
For years, Brazil was overlooked as a favourable mining jurisdiction within South America. But what’s recently become apparent is that times are changing. The countries that were once deemed as…
EnCore Energy wins court challenge to South Dakota uranium project
EnCore Energy (TSXV: EU; OTCQB: ENCUF) has won a court challenge to its US$32 million Dewey-Burdock uranium project in South Dakota. The Oglala Sioux Tribe and watchdog group Aligning for…
Rio Tinto secures direct ownership of Oyu Tolgoi
Rio Tinto (NYSE: RIO; LON: RIO; ASX: RIO) is now the majority owner of the giant Oyu Tolgoi copper-gold mine in Mongolia, as it has completed its US$3.3 billion buyout…