Royal Road JV wins bid for Saudi exploration licence
Royal Road Minerals (TSXV: RYR) says its Saudi Arabian joint venture vehicle has won preferred bidder status for the Jabal Sahabiyah exploration licence located in Asir province. The JV, Royal…
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Marimaca shares rise on new drill results from flagship project in Chile
Marimaca Copper (TSX: MARI) shares were up Monday after the company announced the completion of the infrastructure condemnation drilling program at its namesake project in the Antofagasta region of Chile….
Alamos Gold to acquire Quebec-focused junior Orford Mining in all-share deal
Alamos Gold (TSX: AGI; NYSE: AGI) announced on Monday that it will acquire Quebec-focused junior Orford Mining (TSXV: ORM) in an all-share transaction valuing the company at $24 million or…
Pilbara Minerals expands offtake deal with Ganfeng
Australian lithium producer Pilbara Minerals (ASX: PLS) has increased its sales contract with Ganfeng over the next three years and has the option to further boost the spodumene concentrate tonnage…
First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Canadian Mining Hall of Fame celebrates industry-making feats of five new inductees
The Canadian Mining Hall of Fame (CMHF) held its 36th annual induction ceremony on Thursday at the Metro Toronto Convention Centre, welcoming five new honourees, and bringing total membership up…
Winsome looks to quickly scale up Adina lithium project in Quebec
Just months after unveiling an initial resource for its Adina lithium project in Quebec, Perth-based Winsome Resources (ASX: WR1) is gearing up to grow the deposit, which is located in…
Uranium jumps to over US$100 per lb as top miner flags shortfall
Uranium prices jumped on Friday to a 16-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LSE: KAP), warned it’s likely to fall short of its output targets over the…
Samsung SDI buys Canada Nickel stake, right to acquire 10% of Crawford
South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF), which is developing the Crawford nickel sulphide project in…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Serra Verde enters commercial production in Brazil
Rare earths developer Serra Verde announced on Thursday it has started commercial production of mixed rare earth concentrate (MREC) from the first phase of its Pela Ema deposit in east-central…