Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Financing
Ontario nuclear plan could boost uranium mining
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for…
MinRes, Ganfeng pump cash into lithium JV
Australia’s Mineral Resources (ASX: MIN) is expected to inject A$150 million (US$98 million) into its troubled Mount Marion lithium operation as it battles a prolonged slump the battery metal’s prices….
Novagold sees Donlin feasibility study by end ’27: CEO
Novagold Resources (TSX: NG) is pressing ahead with an updated feasibility study for its Donlin Gold project in Alaska now that Barrick Mining (TSX: ABX; NYSE: B) is no longer…
Rio’s $2B mine keeps Aus iron ore relevant: CEO
Rio Tinto (NYSE, LSE, ASX: RIO) this month opened its new Western Range iron ore mine, the first part of the company’s $13.3-billion (C$18.1-billion) investment plan to rejuvenate Australia’s Pilbara…
No takers for Nova Scotia uranium blocks post-ban
Nova Scotia, having recently lifted its decades-long ban on uranium exploration, says it has not received any bids for the request for proposals (RFPs) covering three areas prospective of the…
Amaroq raises £45M to fund Greenland expansion
Amaroq Minerals (LSE-A, TSXV: AMRQ) has raised £45 million (C$83.2 million) in an oversubscribed financing round to expand Nalunaq gold mine production in Greenland, a territory that has piqued the…
Perseus falls on gold output forecast
Shares in Perseus Mining (ASX, TSX: PRU) fell on Wednesday after the Africa-focused gold miner said annual output is sill affected by developing the Nyanzaga project in Tanzania that is…
BC mining must deliver on its potential: PwC
British Columbia’s mining industry is entering a crucial stage rich in opportunity for critical minerals and gold, but it’s still dogged by slow permitting and widespread uncertainty, according to global…
Northern Dynasty CEO sees Trump as pro-Pebble
Could this be the year that Northern Dynasty Minerals’ (TSX: NDM, NYSE: NAK) controversial Pebble polymetallic project in southwest Alaska finally makes strides? Northern Dynasty – together with the state…
Surge Battery PEA posts $9.2B lithium project value
Surge Battery Metals (TSXV: NILI; US-OTC: NILIF) has issued a preliminary economic assessment (PEA) for its Nevada North lithium project that outlined what could be a low-cost, long-life producer of…
Galantas inks JV to revive Omagh gold mine in Ireland
Galantas Gold (TSX-V, LSE-A: GAL) has signed a “turning point” joint venture agreement with Ocean Partners UK to restart underground operations at its Omagh gold project in Northern Ireland. Under…