The Metals Co. posts first deep-sea resource
The Metals Company (Nasdaq: TMC) has released a prefeasibility study and a resource — the first of its kind — for its seabed mining plans that show a potential return…
Financing
First Quantum scores $1B Royal Gold streaming deal
Canadian miner First Quantum Minerals (TSX: FM) has secured a $1-billion (C$1.38 billion) gold streaming deal with a subsidiary of Royal Gold (Nasdaq: RGLD), the companies announced Tuesday. The agreement…
Eldorado Gold keeps $1B Skouries on track
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) says its Skouries copper-gold project in Greece is on track with its February forecast of first production in early 2026 and commercial output…
Editorial: Voyage from the bottom of ice station zebra
The closure in July of the Point Lake part of the Ekati complex in the Northwest Territories is the latest blow to Canada’s Far North diamond industry. Owner Burgundy Diamond…
Temas CEO targets dual ASX listing by September
Temas Resources (CSE: TMAS) is working on an Australian Stock Exchange listing that will help the Canadian explorer and metals technology company broaden its investor base and advance two titanium-vanadium-iron projects…
Demand for magnetic REEs to triple by 2035: McKinsey
In the midst of a global energy transition, the market for magnetic rare earth elements (REEs) is likely to face a threefold demand increase by 2035, which could further exacerbate…
Teck OKs $2.4B Highland Valley Copper expansion
Teck Resources’ (TSX: TECK.A, TECK.B)(NYSE: TECK) board has approved a $2.4-billion (US$1.76-billion) project to extend the life of Canada’s largest copper mine for two decades. Construction at Highland Valley Copper…
Ghana to shorten permitting, boost communities
Ghana, the top gold producer in Africa and sixth globally, has introduced a major overhaul of its mining legislation aimed at shortening permit timelines and boosting revenue for host communities….
Silver Bullet’s King Tut grades fit for a pharaoh
Silver Bullet Mines (TSXV: SBMI; US-OTC: SBMCF) has bought the past-producing underground King Tut gold mine in Arizona on “very low” cash terms in a deal almost as mysterious as…
Glencore workers brace for Mount Isa layoffs
Glencore (LSE: GLEN) is set to shut its final two copper mines in Mount Isa, Queensland, next week, ending more than six decades of operations and marking the company’s exit…
Botswana seeks control of De Beers
Botswana is pushing to take control of De Beers as Anglo American (LSE: AAL) prepares to sell the diamond company. Duma Boko, president of Botswana, is determined to increase the…
Taseko says Florence copper project 90% finished
Taseko Mines (NYSE: TGB; TSX: TKO) reported that construction of its Florence Copper mine in Arizona is now over 90% complete. The company confirmed the project remains on track to produce first copper cathode…