Regis revives McPhillamys after gold rally
Australian gold miner Regis Resources (ASX: RRL) has moved to revive its stalled McPhillamys gold project in New South Wales by seeking approval for a new waste storage design after…
Financing
Ivanhoe in talks to send DRC zinc to US stockpile
Ivanhoe Mines (TSX: IVN) says it’s in advanced talks with the Democratic Republic of Congo’s state miner Gecamines and Swiss commodities trader Mercuria to route zinc-rich concentrate from the Kipushi…
Torngat eyes Strange Lake feasibility study as timing slips for Quebec rare earths project
Privately held developer Torngat Metals has pushed back its target for starting rare earths production at the $2-billion (US$1.46-billion) Strange Lake project in northern Quebec by about a year due to permitting and other delays. Until recently, the Montreal-based company had been saying…
‘Morale is sky high,’ Friedland tells Trump
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) founder and co-executive chairman Robert Friedland relayed the mining industry’s support for how U.S. President Donald Trump has funded projects, quickened permits and now…
Glencore says key issues remain in Horne smelter talks
Glencore (LSE: GLEN) said it remains at loggerheads with Quebec over the future of its controversial Horne smelter on the eve of a self-imposed deadline to settle the century-old facility’s…
Australian lithium miners PLS, MinRes plot expansions, restarts after price triples
Australian hard rock lithium producers are gearing up to boost supply as spodumene prices have more than tripled since early December. On Friday, Australian major PLS Group (ASX: PLS) reported…
Podcast: Zambia’s Copperbelt in focus, ft Midnight Sun’s Adrian O’Brien
This week’s episode features Adrian O’Brien, Vice President of Business Development & Communications at Midnight Sun Mining, in conversation with host Adrian Pocobelli on recent developments in Zambia’s Copperbelt region….
Hecla to sell Quebec mine to Orezone, focus on silver
Hecla Mining (NYSE: HL) agreed to sell its Casa Berardi gold mine in Quebec and a clutch of nearby exploration properties to Orezone Gold (TSX: ORE; US-OTC: ORZCF) for up to…
BC adds cash to boost falling minerals claims
British Columbia has committed an additional $3 million to bolster mineral claims after reporting the amount of new staking fell 29% last year. Under the initiative, which was announced on…
Titan starts graphite output in New York
Titan Mining (TSX: TI; NYSE-A: TII), a zinc producer in upstate New York, has commenced graphite concentrate production at its Kilbourne demonstration plant. The fully permitted 1,200-tonne-per-year pilot complex is…
USA Rare Earth to raise $3.1B as US takes 10% stake
The United States government is acquiring 10% of USA Rare Earth (Nasdaq: USAR) – its fourth equity stake in a miner since last July – as part of about $1.6-billion…
Novagold’s Donlin costs, net value jump in update
Novagold Resources (TSX: NG) says inflationary pressures mean its Donlin Gold project in Alaska will probably cost $9.2 billion (C$12.6 billion) – a 25% increase – while the value of…