US startup makes thorium breakthrough
Clean Core Thorium Energy, a Chicago-based company developing thorium-based nuclear fuel, says new tests hit a milestone in the element’s energy output being more efficient than uranium. The company’s Advanced…
Financing
US commits $1B to critical minerals technology
The United States Department of Energy says it will unlock just under US$1 billion (C$1.38 billion) to fund mining, processing and manufacturing technologies used to extract critical minerals and materials….
Lifezone secures $60M bridge loan for nickel project
Lifezone Metals (NYSE: LZM) said Monday it has secured a $60 million bridge loan from Taurus Mining Finance Fund to fund early works and infrastructure development at its flagship Kabanga…
Aura Minerals quits Canada for Nasdaq
South America-focused gold and copper miner Aura Minerals (TSX: ORA; Nasdaq: AUGO) says it’s done with investors in Canada a just as the company books record results. April-to-June adjusted earnings…
Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
Podcast: The geopolitical race to mine the deep-sea floor, ft Ilya Epikhin
This week’s episode features Ilya Epikhin, Senior Principal at consultants Arthur D. Little and Global Lead for Metals and Mining, in conversation with host Adrian Pocobelli. Epikhin offers his perspective…
Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
Rio Tinto OKs $180M expansion at Amrun bauxite mine
Rio Tinto (ASX, LSE: RIO) has approved a $180-million investment in the Norman Creek bauxite project on Queensland’s Cape York Peninsula, aiming to unlock nearly half of the 978 million…
Why a bullet metal is behind $2.2B Idaho project
U.S. Secretary of Labor Lori Chavez-DeRemer and Idaho Governor Brad Little visited Perpetua Resources’ (Nasdaq: PPTA; TSX: PPTA) Stibnite gold-antimony project this week, underscoring the Trump administration’s push for minerals essential to…
Top 10: Down Under giants adapt to global shifts
In The Northern Miner’s annual look at the world’s largest miners, Australia always figures prominently. This is third in a series after Canada and the United States. The southern continent’s…
NexGen doubles uranium sales ahead of Rook I OK
NexGen Energy (TSX, NYSE: NXE; ASX: NXG), advancing the largest development-stage uranium deposit in Canada, said Wednesday it has secured a major new offtake contract with a large U.S.-based utility. …
US courts Cook Islands for deep-sea mining
The United States has begun talks with the Cook Islands for research on seabed mineral exploration and development, just months after the South Pacific nation inked cooperation pacts with China that…