Embattled Scotgold Resources places staff on unpaid leave
The owner of Scotland’s only gold mine is in talks with an administration specialist should it fail to secure funds to continue operating.
Articles by Cecilia Jamasmie
Canada, France boost critical minerals cooperation
The governments of Canada and France have agreed to work on deepening their bilateral cooperation on critical minerals, the group of key metals and minerals necessary for the world to…
Codelco in talks with Australia’s Lithium Power on potential deal
Australia’s Lithium Power International (ASX: LPI) confirmed Thursday it was in talks with Chilean state-owned copper miner Codelco about a potential deal to jointly mine for the battery metal in…
Lucara Diamond ends HB Trading sale agreement
Canada’s Lucara Diamond (TSX: LUC) has terminated its sales agreement with HB Trading covering high-value diamonds from the Karowe mine in Botswana, following a “material breach of financial commitments” by HB. The two parties inked…
Ford halts work on US$3.5B EV battery plant with CATL
Ford has pressed the pause button on its US$3.5 billion battery plant in Michigan, only seven months after launching the project with China’s CATL. The decision comes as the U.S’s…
Climate targets threatened by lack of mining investment: McKinsey
Soaring demand for metals and minerals needed to achieve a 45% reduction in global emissions by 2030, paired with low commodity prices driving investors and mining firms to cut spending…
Brazil’s Mura people back Amazon potash mine
Canada’s Brazil Potash has scored a key win in its effort to build its $2.5 billion Autazes project in the state of Amazonas as the local Indigenous Mura people have…
Cornish Lithium raises $8.3M to support UK project
British start-up Cornish Lithium has raised £5.1 million (about $8.3 million) through a crowdfunding campaign, one of the largest of its kind any company has undertaken in the U.K. this…
CleanTech Lithium to kick off production at second Chile mine in 2027
Chile-focused CleanTech Lithium (AIM: CTL) said on Tuesday that results of a recently completed scoping study of its Francisco Basin project confirmed the asset’s forecast potential and estimated production could…
Gates, Bezos-backed KoBold Metals bids to build copper mine in Zambia within 10 years
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday that it aims to open a new copper-cobalt mine in Zambia within 10…
Sumitomo Metal invests $16.9M in Canada’s Nano One
Sumitomo Metal Mining is investing $16.9 million in Vancouver-based Nano One Material (TSX: NANO) as part of the Japanese giant’s efforts to find sustainable methods for producing lithium-ion batteries. The…
Kodal Minerals lithium project in Mali unfazed by new law
Kodal Minerals (LSE: KOD) said on Friday it is moving its Bougouni lithium project in Mali into the next development phase as won’t be affected by new legislation that entitles…