Saudis enter rare earths with MP Materials deal
MP Materials (NYSE: MP) has signed a deal with Saudi Arabia’s state miner Ma’aden to develop a rare earths supply chain in the kingdom, covering everything from mining to magnet…
Financing
US signs tin deal with Rwanda
The United States has established a new supply of tin, which it hasn’t mined in more than three decades, after Rwanda’s Trinity Metals agreed to export its mined products. Trinity…
Aya Gold & Silver gains on record quarter
Aya Gold & Silver (TSX: AYA; OTCQX: AYASF) shares soared on Tuesday after the Canadian miner posted a record-breaking quarter, as well as new funding to support its growth in…
Rio Tinto bets big on Lithium Triangle’s brine riches
Rio Tinto (ASX, LSE: RIO) is doubling down on lithium, with CEO Jakob Stausholm declaring that South America’s Lithium Triangle is the ideal region to secure the metal critical to…
Minerals 260 eyes 2028 gold output at Bullabulling
Minerals 260 (ASX: MI6) is starting its own studies at the newly acquired Bullabulling project in Western Australia’s Goldfields, targeting a final investment decision next year and first production in…
London’s biggest mining IPO since 2018 concerns cobalt
Metal investment company Cobalt Holdings is targeting June for an initial public offering (IPO) in what would potentially be the mining industry’s largest stock debut in London since before the…
Sibanye’s Finland lithium project cost rises 17%
South African miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has raised the projected cost of its Keliber lithium project in Finland by 17% to €783 million (US$880 million), citing regulatory changes,…
Buffett knows resources need rail: ex-Tory leader O’Toole
As U.S. protectionism intensifies under renewed tariff threats and energy pressures, Canada’s former Conservative leader Erin O’Toole is calling on the nation to double down on domestic resources and reassert…
Gates, Bezos-backed KoBold eyes DRC lithium project
KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, says it plans to invest $1 billion in the Democratic Republic of Congo after inking a framework deal…
Sitka assays suggest ‘significant’ deep tonnage in Yukon
Canadian explorer Sitka Gold (TSX-V: SIG; OTCQB: SITKF) said assay results from drilling at its RC gold project in Yukon suggest the deposit could contain significant tonnage at greater depths than…
Spy agency invests in crit-min startup Alta Resource
Colorado-based start-up Alta Resource Technologies has garnered more funding, including from the U.S. Central Intelligence Agency, to advance its protein process for separating critical minerals from ore. A $4.4 million…
Private equity mining deals to rise: S&P Global
Private equity deals in the mining sector are expected to grow as demand for minerals essential to the global energy transition continues to rise, S&P Global says in a new report….