Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
News
Federal critical mineral research needs more cash, hears US House committee
U.S. critical mineral supply chains need more funding if national security needs are to be met, says GreenMet CEO Drew Horn. Horne was one of five witnesses giving testimony during…
Northern Dynasty closes $23M in financings to support Pebble project
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) has closed its recently announced convertible note and private placement financings for respective totals of US$15 million and $3.42 million, which the company…
Kazakhstan exports most uranium in eight years
Kazakhstan, the world’s leading uranium producer, has reported its highest sales of the nuclear fuel since 2015 driven mainly by China’s increase in demand as it rivals France for the…
Hummingbird Resources unveils plan to raise up to $43.5M
Africa-focused Hummingbird Resources (AIM: HUM) unveiled on Thursday a plan to secure up to US$32.7 million ($43.5 million) in total proceeds to fund its growth strategy, exploration activities, advance its Dugbe…
Agnico Eagle invests in Finland-focused FireFox Gold
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), the third-largest gold miner by market value, is buying a stake of junior FireFox Gold (TSXV:FFOX; US-OTC:FFOXF) that may progress to a joint…
Pinnacle Minerals expands Canadian lithium footprint
Australian junior Pinnacle Minerals (ASX: PIM) has inked an agreement to acquire a 75% stake in the Adina East lithium project in the increasingly crowded and lithium-rich James Bay region…
US and Russia in race to ban uranium trade
The United States Congress is preparing for critical votes on legislation impacting the country’s uranium industry, focusing on the Nuclear Fuel Security Act (NFSA) and a potential ban on Russian…
Rio2 stock soars 31% on Fenix gold project environmental approval in Chile
Shares in Canadian gold junior Rio2 (TSXV: RIO; US-OTC: RIOFF) rose to their highest level in a year after the company announced the successful approval of the environmental impact assessment…
Reunion Gold settles claim brought by Barrick on alliance termination
South America-focused explorer Reunion Gold (TSXV: RGD; US-OTC: RGDFF) has settled a claim brought by Barrick Gold (TSX: ABX; NYSE: GOLD) with respect to a strategic alliance agreement signed by…
Xtra-Gold expands Boomerang system deeper at Kibi project in Ghana
Xtra-Gold Resources (TSX: XTG; US-OTC: XTGRF) says new drill results bode well for growing the Kibi gold project in Ghana beyond the limit of a 2021 resource footprint. Crews discovered…
Thesis Gold grows Ranch project in northern BC
Thesis Gold (TSXV: TAU; US-OTC: THSGF) says its latest drill results expand mineralization in the JK zone at the Ranch project in north-central British Columbia. The results lengthened mineralization along north-south…