Geopolitics, tight investment to shape mining: WoodMac
Geopolitical shifts, a rewired energy transition and disciplined capital allocation will define the global metals and mining sector in 2026, according to Wood Mackenzie. “2026 will be a year of…
Financing
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Federal bank has billions to back mining projects
The Canadian Infrastructure Bank, a government lender with $18 billion supporting development across Canada, is pivoting from base metals and gold to critical minerals with financing for Torngat Metals’ Strange…
Montage moves up Côte d’Ivoire gold pour
Canadian developer Montage Gold (TSX: MAU, US-OTC: MAUTF) is advancing first production at its flagship Koné project in Côte d’Ivoire by six months after construction crews made faster-than-expected progress. The…
Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…
Orla to start South Railroad gold project build this year
Orla Mining (TSX: OLA; NYSE: ORLA) said it will kick off construction at its South Railroad gold project in Nevada after an updated feasibility study showed costs doubled in three…
Northern Graphite to build $200M Saudi plant
Northern Graphite (TSX-V: NGC; US-OTC: NGPHF) agreed with family-controlled Saudi Arabian conglomerate Al Obeikan Group for Investment to jointly build and run a battery material plant in the kingdom after the Canadian…
Chile funds lithium, rare earth tech
Chile’s state-owned development agency Corfo has awarded up to $5.8 million to two research projects focused on direct lithium extraction (DLE) and rare earth recovery to boost mining innovation and…
Fund sells down Endeavour stake
London-based La Mancha Resource Capital is reducing its stake in West Africa-focused gold producer Endeavour Mining (LSE, TSX: EDV) after its shares nearly tripled in value in a year. The…
Venezuelan neglect scars mining potential: analysts
Venezuela has significant mineral resources including gold reserves rivalling Peru and Brazil and large dormant projects the government seized more than a decade ago as companies and investors size up…
US awards $2.7B in uranium enrichment orders
The United States Department of Energy awarded contracts worth $2.7 billion (C$3.7 billion) to three companies in a bid to boost domestic uranium enrichment capacity over the next decade and…
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…