Rio Tinto to favour building new copper mines over M&A, exec says
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will prioritize developing new copper mines over acquiring new ones to achieve its goal of producing 1 million tonnes of the metal…
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Porphyry deposits hold winning trifecta of copper, gold and silver
Copper, gold and silver have been on a tear lately. Here’s the latest year to date performance for these three commodities: It’s this broad lift across different commodity classes (precious…
Codelco to benefit from entry into lithium business, says Moody’s
On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.
Western Copper and Gold raises $40M for Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE: WRN) is increasing a stock offering by 60% for its Casino copper-gold-molybdenum project in the Yukon. The bought deal increased to $40 million from…
Patriot Battery’s Corvette inches forward on permitting
Patriot Battery Metals (TSX: PMET; ASX: PMT) has received the guidance it needs to prepare a key document needed for permitting its Corvette lithium project in Quebec. On Tuesday afternoon,…
Podcast: Nickel 28 CEO Anthony Milewski on battery metals, EVs and green nickel
This week’s episode features Anthony Milewski, CEO of Nickel 28, in conversation with host Adrian Pocobelli about the latest developments in the nickel market. Milewski explains why nickel miners are…
McEwen Mining adds to Nevada holdings with Timberline Resources buy
Shares in Timberline Resources (TSXV: TBR; US-OTC: TLRS) jumped 130% to an intra-day high of 15¢ apiece Tuesday after McEwen Mining (TSX: MUX; NYSE: MUX) agreed to acquire the Nevada-focused…
Avalon begins PEA for Thunder Bay lithium conversion facility
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) announced that it has engaged DRA Americas, a subsidiary of DRA Global to begin a preliminary economic assessment (PEA) for a lithium hydroxide…
Ontario snapshot: Eight companies seeking out precious and critical metals
Canada’s most populous province hosts numerous historic mines and has potential for many more new developments. Here are eight companies exploring for precious metals and critical minerals such as lithium,…
Romania grants mining rights to US-backed Verde Magnesium
Verde Magnesium plans to invest US$1 billion in Romania as the country’s government has granted it the go-ahead to bring back to life a disused mine, shut down in 2014….
Cornish Metals on track to deliver South Crofty PEA this quarter as tin prices rise
Cornish Metals (AIM: CUSN; TSXV: CUSN) said on Tuesday that it’s on track to deliver a preliminary economic assessment for its flagship South Crofty tin project this quarter, as tin…
Hummingbird nears production at Guinea gold mine
Shares in Hummingbird Resources (AIM: HUM) rose on Tuesday after the Africa-focused miner said its talks with the main contractor at its Kouroussa gold mine in Guinea are progressing, adding…