Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
Editors’ Picks
Bronze bust honours barber who struck gold
In what might be a parting gift, Newmont (TSX: NGT; NYSE: NEM) has unveiled a new statue commemorating prospector Benny Hollinger who struck gold in 1909 at what became the Porcupine…
Video: Agnico’s Hope Bay project plants another flag in Canada’s Arctic, Boyd says
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is advancing the former Hope Bay gold mine project in Nunavut as a nation-building measure in Canada’s far north by using the company’s 67 years…
China’s solar panel surge powers silver price
Silver has broken through a mental price barrier to its highest level in more than a decade, driven in part by China’s surging solar panel industry and investor demand, analysts…
Solaris says $130M Zijin deal derailed by ‘counterproductive’ regulatory review
Solaris Resources (TSX: SLS; NYSE: SLSR) has cancelled a $130-million investment by China’s Zijin Mining Group after the financing got stuck for four months in the Canadian government’s national security…
Muddy Waters targets Mayfair Gold for board takeover
Muddy Waters Capital, the American hedge fund that often short-sells companies, is instead taking a long position in plans to take over Mayfair Gold (TSXV: MFG) with its prefeasibility stage Fenn-Gib…
Red Pine plans new resource, downplays alleged assay fraud at Ontario gold project
Red Pine Exploration (TSXV: RPX, US-OTC: RDEXF) says its ex-CEO did more reputational damage than harm to the company’s Wawa gold project in northern Ontario when he allegedly altered hundreds of…
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…
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…