NexGen buys Rio stake in Athabasca properties
NexGen Energy (TSX, NYSE: NXE; ASX: NXG) is now the full owner of its portfolio of exploration assets in the southwest Athabasca Basin after consolidating a minority interest held by…
Financial Matters, M&A
US targets mine waste to boost critical minerals supply
The U.S. government is launching a new effort to extract valuable critical minerals – including rare earths, lithium, cobalt and uranium – from mine waste and abandoned sites in a…
Gem Diamonds to cut jobs amid industry collapse
Gem Diamonds (LSE: GEMD) has become the latest casualty in a deepening crisis engulfing the global diamond industry, announcing sweeping cost-cutting measures as the market buckles under falling prices and…
Paladin Energy sinks as guidance underwhelms
Shares of Paladin Energy (ASX, TSX: PDN) declined on Wednesday after delivering an underwhelming uranium production guidance for the 2026 financial year despite reporting its best operating quarter. The Australian…
KoBold signs Congo deal to boost US mineral supply
The Democratic Republic of Congo and U.S.‑based Kobold Metals have struck a preliminary mineral exploration agreement that deepens American involvement in the country’s critical‑minerals sector. The deal opens the door…
AngloGold buys Augusta Gold in Nevada push
AngloGold Ashanti (JSE: ANG; NYSE: AU) agreed to buy Canadian explorer Augusta Gold (TSX: G; US-OTC: AUGG) for about $152 million (US$111 million) in cash to further expand its Nevada footprint. Augusta…
BHP to explore Chinese battery partnerships
BHP (NYSE, LSE, ASX: BHP) has signed preliminary agreements with two of China’s leading battery makers to evaluate the use of electric vehicles across its global mining operations. The partnerships…
Private miners overlook disclosure: legal experts
Many private Canadian mining companies may be unaware that they are subject to the same technical disclosure rules as public issuers and that they could face compliance risks under a…
Ivanhoe sees $70M Kakula mine dewatering cost
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said it expects the dewatering of its Kakula mine in the Democratic Republic of Congo to cost as much as $70 million (C$96 million). Production…
West Red Lake’s Rowan might earn 42% return
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) said a preliminary economic assessment shows that developing the Rowan project in northwestern Ontario may generate a high rate of return. Based…
Kinterra scores win in New World Copper takeover bid
Australia’s Takeovers Panel has blocked New World from issuing shares to CAML, giving Kinterra time to contest the deal.
Kenorland options three Ontario projects to Centerra
Kenorland Minerals (TSXV: KLD; OTCQ-X: KLDCF) said it’s optioned three early-stage gold projects located in Northwestern Ontario to Centerra Gold (TSX: CG; NYSE: CGAU) with a view of developing the…