Nova Minerals rises despite short seller attack
Nova Minerals (ASX, NASDAQ: NVA) rose in U.S. trading even after investment research firm Spruce Point Capital Management disclosed a short position in the Australian miner. In its report published…
Exploration
Vale to sell Manitoba nickel complex to investor group
Brazilian mining giant Vale (NYSE: VALE) is selling control of Manitoba’s Thompson nickel mine complex to a trio of investors that agreed to inject up to US$200 million ($280 million)…
AngloGold invests $39M in Thesis for 5% stake
AngloGold Ashanti (NYSE: AU) has taken up a 5% stake in Thesis Gold (TSXV: TAU), whose main project is the Lawyers-Ranch site in northern British Columbia. The major is to…
Rio gains control of Nemaska, eyes $300M investment
Rio Tinto (ASX, LSE, NYSE: RIO) said it plans to invest more than $300 million (C$411 million) this year to expand its lithium business in Quebec after assuming control of Nemaska…
Roundup Video: Kodiak resumes drilling after first MPD resource
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) plans a stepped-up drill campaign at its MPD copper-gold project near Princeton, B.C., after releasing an initial resource estimate in December that CEO Claudia…
Roundup Video: Azimut pivots to advanced exploration
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) is stepping up drilling at its Elmer and Wabamisk projects in Quebec’s James Bay after a run of discoveries, president and CEO Jean-Marc Lulin…
BHP-Lundin Vicuña JV’s copper-gold district potential hits $9B value
A new study for the Vicuña joint venture between BHP (ASX, LSE, NYSE: BHP) and Lundin Mining (TSX: LUN) that straddles the Argentina-Chile border positions the 70-year copper-gold-silver project in the…
Roundup Video: Enchi results impress as Newcore advances PFS
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) expects to deliver a pre-feasibility study on its Enchi gold project in Ghana by this summer, as drilling starts to point to higher-grade potential…
Hecla nearly doubles exploration budget
Hecla Mining (NYSE: HL), the largest silver producer in the U.S. and Canada, plans to almost double investments this year on exploration and pre-development activities. The stock surged. Idaho-based Hecla…
Generals join critical-mineral boardroom arms race
Critical-mineral juniors are snapping up retired U.S. military leaders to help win Washington funding, echoing a playbook uranium producers pioneered years ago when they recast domestic nuclear fuel as a…
Battered Vizsla keeps ‘long-term’ commitment to Mexico silver-gold mine
Vizsla Silver (TSX; NYSE: VZLA) said it remains determined to develop the Panuco silver-gold project in Mexico’s strife-torn Sinaloa state even after an armed group kidnapped 10 company workers, killing…
Indaba: New Cold War for minerals tests Africa’s ability to leverage huge resources
Africa’s vast critical-mineral endowment has thrust the continent to the centre of intensifying rivalries between the United States, China and other powers, but its future will depend more on governance…