Cameco, Orano up stake in Cigar Lake uranium mine
Uranium producers Cameco (TSX: CCO; NYSE: CCJ) and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan by buying Idemitsu Canada Resources’ 7.9% interest in…
Articles by Cecilia Jamasmie
Argentina expects US$4.2B investment in its lithium sector
Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000…
Imperial Metals speeds up work to reopen Mount Polley copper mine
Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a…
Vale scores multi-year nickel supply deal with Tesla
Vale (NYSE: VALE), the world’s top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs)…
Two of McEwen Mining’s top execs step down
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons. Chief financial officer Anna…
EPA deals fresh blow to PolyMet’s US$1B copper-nickel mine
The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining’s (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the…
Oksut mine halt casts shadow over Centerra Gold’s Q1 results
Centerra Gold (TSX: CG; NYSE: CGAU) saw its first quarter results hit by the suspension of its Öksüt mine in Turkey, where the adsorption-desorption recovery (ADR) plant has been out…
Pandemic, inflation contribute to 90% cost rise at Iamgold’s Côté project
Iamgold (TSX: IMG; NYSE: IAG) has revealed a costs blowout at its massive Côté gold project in Ontario, with preliminary estimates from an ongoing risk analysis indicating that development of…
Europe’s Green Deal requires massive amounts of battery metals – study
A recent study by KU Leuven University in Belgium shows that meeting the European Union’s Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and…
Sandstorm Gold buys two royalty firms for US$1.1B
Canada’s Sandstorm Gold (TSX: SAND; NYSE: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total…
Antofagasta opens remote operations centre at Centinela mine
Chilean miner Antofagasta (LSE: ANTO) has opened a $66-million integrated remote operations centre (IROC) for its Centinela copper mine in the country’s north. The centre is expected to improve safety,…
Eldorado Gold to resume Skouries construction in H2
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues…