Chile’s Codelco, the world’s top copper producer, plans to invest an additional US$720 million ($985.6 million) revamping its century-old Chuquicamata copper mine, in an effort to stop the company’s overall…
Struggling Canadian gold miner Monarch Mining (TSX: GBAR; US-OTC: GBARF) has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PricewaterhouseCoopers appointed as the monitor to…
Iamgold (TSX: IMG; NYSE: IAG) plans to pay about US$23 million for the shares it doesn’t already owns in French precious metals royalties company Euro Ressources. The draft offer, filed…
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14. Under the deal, which still must…
Calibre Mining (TSX: CXB; US-OTC: CXBMF) and Marathon Gold (TSX: MOZ) are combining to create an Americas-focused mid-tier gold producer with an estimated average annual gold production of about 500,000…
Patriot Lithium (ASX: PAT) has secured rights over an additional 536 sq. km in one of the largest and highest-grade lithium camps in North America. The land package in Ontario,…
American Eagle Gold (TSXV: AE) has raised $9 million over the past two years, and it’s using that cash to deliver positive drill results at its NAK copper-gold project in…
Australian billionaire Gina Rinehart, who recently thwarted Albemarle’s (NYSE: ALB) attempt to buy Liontown Resources (ASX: LTR), is now said to be evaluating ways to block Chilean lithium giant SQM’s A$1.6…
Frank Giustra stands out in a fast-evolving world where many chase the allure of tech stocks and cryptocurrency. The seasoned entrepreneur, philanthropist, and CEO of Fiore Group sounded the alarm…
Embattled miner Scotgold Resources, which operates Scotland’s only gold mine, said on Monday it was close to securing enough funding from a new strategic investor, which will help it avoid going into…
Sumitomo Metal Mining is investing $16.9 million in Vancouver-based Nano One Material (TSX: NANO) as part of the Japanese giant’s efforts to find sustainable methods for producing lithium-ion batteries. The…
Canadian miner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has expanded its footprint in West Africa after completing the acquisition of Australian gold junior Chesser Resources. In the deal announced in May,…
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