McEwen Mining shares jump despite Q3 loss
McEwen Mining (TSX: MUX; NYSE: MUX) stock rose as high as 14.7% on Wednesday as the company reported a loss of $18.5 million in the third quarter, beating consensus estimates….
Articles by Bruno Venditti
Piedmont posts first revenue and profit as lithium prices slide
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) recorded its first revenues, generated from its 25%-owned North American Lithium mine in Quebec, during the third quarter. At the same time, lithium spot…
Newmont aims to sell US$2B in assets post-Newcrest
Newmont (NYSE: NEM) plans to raise US$2 billion in cash through mine sales and project divestments following the acquisition of Newcrest Mining. The approximately US$15 billion deal was completed on…
Vale and Ero Copper to jointly develop project in Brazil’s Pará state
Ero Copper (TSX: ERO, NYSE: ERO) announced on Monday it has entered into a binding term sheet with Salobo Metais S.A, part of the Vale Base Metals business (VBM) to advance…
Finland discovers rare earth minerals at the Sokli deposit
Finnish Minerals Group and the Geological Survey of Finland have identified two new minerals, kukharenkoite and cordylite, at the company’s Sokli deposit. This is the first time these rare earth minerals have…
Champion Iron shares rise on Bloom Lake expansion
Champion Iron (TSX: CIA) shares rose on Thursday after its Bloom Lake mine, in Quebec, reached its expanded nameplate capacity of 15 million tonnes a year in the last 30 days….
Australia boosts critical minerals fund by over $1B to draw international investors
The Australian government plans to double the amount of money on offer to A$2 billion ($1.7 billion) in support of critical minerals projects as it works to attract American miners…
Patriot Battery Metals discovers new high-grade zone at Corvette
Patriot Battery Metals (TSXV: PMET) has announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite of the Corvette property in the James Bay region of northern…
Brazilian court rules in favour of Brazil Potash’s Autazes project
Brazil’s Federal Regional Court of the 1st Region ruled in favour of Canadian miner Brazil Potash’s Autazes project in the Amazon on Tuesday. Federal Judge Marcos Augusto de Souza suspended a lower…
NASA to launch first mission to metal-rich asteroid
After years of planning and a one-year delay, NASA is set to launch a highly-anticipated mission to the metal-rich asteroid Psyche from the Kennedy Space Center in Cape Canaveral, Florida,…
St Barbara shares rise as prefeasibility puts Nova Scotia project capex at $182M
Australian miner St Barbara (ASX: SBM) announced on Tuesday the completion of a prefeasibility study giving its 15 Mile gold project, in Trafalgar, N.S. pre-production capital costs of A$207 million…
Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…