F3 Uranium hits 2 metres at 31.4% U3O8 at JR zone in Saskatchewan
Drilling at F3 Uranium‘s (TSXV: FUU; OTCQB: FUUFF) Patterson Lake North project in Saskatchewan has returned 2 metres of 31.4% uranium oxide (U3O8) from the JR zone. The news sent…
Canada
Zeus resource update IDs higher-grade core at Noram’s lithium clay project
Noram Lithium (TSXV: NRM: US-OTC: NRVTF) gained 27% Thursday after a new resource estimate defined a high-grade core zone at the Zeus project in Nevada’s Clayton Valley. The clay project,…
Green Battery, Volt Carbon to jointly develop Quebec graphite project
Canadian explorer Green Battery Minerals (TSXV: GEM) and Volt Carbon Technologies (TSXV: VCT) have inked an agreement to co-develop the Berkwood graphite project, in northern Quebec. Volt Carbon has an option…
Snapshot: Eight companies advancing projects in BC, the Prairies and the Far North
Canada is one of the best-endowed countries on Earth when it comes to minerals and has the skilled workforce needed to extract them. Here’s a look at eight companies active…
Lawsuit targets Adventus and Salazar’s Ecuador project permit
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are facing headwinds in Ecuador as a group of locals has requested a provincial judge to cancel the environmental permit for…
Nevada Copper files for bankruptcy, names new boss
Cash-strapped miner Nevada Copper (TSX: NCU) has filed for bankruptcy protection under Chapter 11, kicking off a restructuring process that will halt its Pumpkin Hollow mine. President and chief executive,…
Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
World Bank tribunal rules against Canada’s Montauk in dispute with Colombia
A World Bank tribunal has ruled in favour of Colombia in a feud with Canada’s Montauk Metals (TSXV: MTK). A mining ban imposed by the Gustavo Petro administration on the…
Canada adds high-purity iron, phosphorus, silicon metal to critical minerals list
Natural Resources Canada has made three additions to the country’s critical minerals list. High-purity iron used in green steel making and key to decarbonization; phosphorus, which is essential for batteries…
American Creek gains on $210M sale of Treaty Creek stake in BC
Shares in American Creek Resources (TSXV: AMK) shot up Friday on the news it entered into a non-binding letter of intent with private company Cunningham Mining to acquire all of…
Fireweed Metals nets $41.7M Lundin-backed financing for Yukon crit-mins exploration
Fireweed Metals (TSXV: FWZ) has boosted a private placement to $41.7 million to fund this year’s exploration in the Macpass critical minerals district of Yukon. The share offering supported by…
Red tape is top threat facing BC mining industry: PwC
Critical metals are a key economic driver for British Columbia’s mining industry, but government regulation, interest rates and inflation threaten opportunities, accounting firm PwC says in a new report. Green…