Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Articles by Cecilia Jamasmie
MinRes, Ganfeng pump cash into lithium JV
Australia’s Mineral Resources (ASX: MIN) is expected to inject A$150 million (US$98 million) into its troubled Mount Marion lithium operation as it battles a prolonged slump the battery metal’s prices….
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest in a wave of foreign…
Talga clears final hurdle for Swedish graphite mine
Talga Group (ASX: TLG) has cleared the final regulatory hurdle to develop its Nunasvaara South graphite mine in northern Sweden, after the country’s government dismissed all outstanding appeals against the…
Cyclic to open $25M rare earths plant in Canada
Cyclic Materials, a Canadian startup backed by Amazon and Microsoft, is investing $25 million (C$34.2 million) to build a rare-earths recycling plant and research centre in Kingston, Ont., adding to…
Aussie Resolution enters US critical minerals race
Australia’s Resolution Minerals (ASX: RML) is entering the critical minerals market in the United States with the acquisition of the Horse Heaven antimony-gold-tungsten project in central Idaho. While Resolution is…
Hochschild shares plunge on Brazil mine shutdown
Shares in Hochschild Mining (LSE: HOC) fell by more than a fifth on Tuesday, their steepest drop since November 2021, after it announced a six-week halt of processing operations at…
Resigning Rio CEO asserts company unity
Rio Tinto’s (NYSE, LSE, ASX: RIO) departing CEO Jakob Stausholm says he hasn’t fallen out with chairman Dominic Barton despite Reuters citing unnamed company officials to the contrary. Management and board…
Abu Dhabi’s IRH spends $500M to control Alphamin tin
Abu Dhabi’s International Resources Holding (IRH) is acquiring a majority stake in Alphamin Resources (TSXV: AFM) to access the Bisie tin mine, one of the world’s largest and highest-grade deposits…
First Quantum faces $20M monthly bill in Panama
First Quantum Minerals (TSX: FM) will spend about $20 million a month to maintain its idled Cobre Panamá copper mine under a recently approved care and maintenance plan. Roderick Gutiérrez,…
SolGold to quit Toronto exchange, eyes ASX
Ecuador-focused SolGold (LSE, TSX: SOLG) has applied to voluntarily delist its ordinary shares from the Toronto Stock Exchange on June 18 because the amount of trading doesn’t warrant the cost….
Ioneer quadruples Nevada project reserves, costs double
Australia’s Ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, sharply increasing both the project’s mine life and its development cost. The company’s flagship…