Anglo American to sell De Beers, Amplats after latest BHP bid
Anglo American (LSE: AAL), the takeover target of mining giant BHP (ASX: BHP), has yielded to pressure from investors by announcing plans to sell some of its legacy assets in…
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Northvolt faces bomb scare at Quebec battery plant site
Northvolt, a private Swedish electric vehicle battery maker backed by Volkswagen, BMW and Volvo, said it found potential fire bombs under heavy machinery at a plant site under construction near…
Patriot shares jump on discovery of new high-grade zone at Corvette
Shares in Patriot Battery Metals (TSX: PMET; US-OTC: PMETF; ASX: PMT) surged 20.6% to $8.12 apiece Tuesday on the discovery of a new, high-grade zone at its CV13 target in…
Ottawa’s revised environmental rules won’t reduce permitting stage, lawyers say
The federal government’s proposed changes to environmental rules for resource projects could limit Ottawa’s oversight, but probably won’t shorten approval times, according to a law firm’s analysis. The proposed amendments…
Aluminum: the copper grid alternative
From the humble drink can to the airframe of an F-16 fighter jet, aluminum’s role in the global economy is diverse and critical. Like copper, aluminum is used in established…
Dundee Precious Metals rushes Serbian gold discovery to high-margin PEA
Dundee Precious Metals (TSX: DPM) assembled a study backing development for its Čoka Rakita gold discovery in Serbia in 18 months. With an initial investment of US$381 million and at…
Bullion demand rises on central banks, East-West investor flip-flop, gold council says
Gold demand increased 3% during the first quarter because of buying by central banks, Asian investors and jewellers, the World Gold Council says in a new report. Purchases rose to…
Mexico’s Supreme Court could strike down president’s mining reforms next week
Once a popular destination for Canadian explorers, Mexico’s recent mining reforms are driving away investment — even as a looming Supreme Court decision is likely to toss out the new…
Peru’s Poderosa wants action on illegal miners who keep attacking its gold mine
The Poderosa gold mine in northwestern Peru experienced yet another attack by illegal miners, who this time around used dynamite to take down two high-voltage towers that supply energy to…
Proponents see northern Ontario’s Ring of Fire opposition melting like ice roads
Construction timelines remain fuzzy but proponents are still optimistic two and half years into studying roads to serve the Ring of Fire critical minerals region in northern Ontario. Three all-season…
Iamgold pours first gold at Côté project in Ontario
The Côté gold mine in northern Ontario, Canada’s newest and expected to be one of its largest, has poured its first doré bar as it advances towards commercial production scheduled…
Canada extends exploration tax credit
The federal government is extending its 15% mineral exploration tax credit for investors in flow-through shares for another year. The extension, expected to provide $65 million in support for exploration,…