Uranium supply could dry up by 2080s: OECD, UN
Global uranium reserves could be exhausted by the 2080s if demand for nuclear energy continues expanding at its current pace, the Paris-based Nuclear Energy Agency and the UN’s International Atomic…
Articles by Cecilia Jamasmie
New Gold buys rest of New Afton mine for $300M
Canada’s New Gold (TSX: NGD; NYSE-A: NGD) has agreed to acquire the remaining 19.9% free cash flow interest in the New Afton copper-gold mine from the Ontario Teachers’ Pension Plan for…
Wesdome to acquire Angus Gold in $28M deal
The transaction quadruples Wesdome’s land position at the Eagle River gold operation in Ontario.
Galan Lithium rejects $150M bid for Argentine projects
Australia’s Galan Lithium (ASX: GLN) has rejected a $150-million (C$215-million) offer from Zhejiang Huayou Cobalt and Renault Group to acquire its stake in the Hombre Muerto West (HMW) and Candelas…
Rare yellow diamond found at Rio Tinto’s Diavik mine
Rio Tinto (NYSE, ASX, LSE: RIO) has unearthed a 158.20-carat gem-quality yellow diamond at its Diavik mine in the Northwest Territories. The precious rock is one of only five yellow…
Russia, US in talks over rare earth JVs: report
Washington and Moscow have begun discussions on joint rare earths projects in Russia, the head of the country’s sovereign wealth fund, Kirill Dmitriev, told pro-Kremlin Russian newspaper Izvestia on Monday. Dmitriev,…
EU selects 47 strategic critical minerals projects
The European Union has published its first list of strategic projects strengthening the local extraction, processing and recycling of 14 of the 17 materials it deems critical for its energy transition and…
Graphite One triples Alaska project’s reserves
Canadian junior Graphite One (TSXV: GPH) has published preliminary results from a new feasibility study on its Graphite Creek project in Alaska, revealing a threefold increase in projected production compared to earlier…
Deep-sea mining scars last decades, but life returns
A new study led by Britain’s National Oceanography Centre (NOC) has revealed that the effects of a deep-sea mining experiment in the Pacific Ocean more than four decades ago are…
Mercuria bets big on copper in bid to rival oil trading
Swiss commodities trader Mercuria plans to acquire more stakes in mines, particularly in the copper sector, as it expands its recently established metals division — an operation it envisions growing…
Torex Gold begins copper production at Media Luna
Canadian bullion producer Torex Gold Resources (TSX: TXG) has achieved first production of precious metal-rich copper concentrate at its Media Luna mine, part of the company’s Morelos Complex in Mexico’s…
Gold Road rejects $3B takeover bid from Gold Fields
Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion (C$2.97 billion) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer “highly opportunistic” and saying it undervalued…