Ares restarts US fluorspar output after Pentagon deal
Ares Strategic Mining (CSE: ARS; US-OTC: ARSMF) said it has restarted the Lost Sheep fluorspar mine in Utah after landing a major U.S. government contract to supply the obscure mineral…
Financing
Midnight Sun rises on Zambia-DRC copper district where superpowers converge
Canadian explorer Midnight Sun Mining (TSX-V: MMA; US-OTC: MDNGF) just released an initial resource in the heart of the Zambian-Congo Copperbelt, an area that’s attracting Cold War-style financing competition to speed the record-price red metal to market. The junior reported Jan. 20 that…
Resolute secures Doropo gold mine OK in Côte d’Ivoire
Resolute Mining (ASX: RSG) has secured a 14-year mining permit for its Doropo gold project in Côte d’Ivoire, clearing the final regulatory hurdle to develop the mine and lift the…
Utah rare earths developer Ionic eyes 2027 IPO
Rare earths developer Ionic Mineral Technologies is said to be considering an initial public offering as it prepares to release a new study on the Silicon Ridge project in Utah. …
Cornish Metals offered $225M in US funding
Cornish Metals (AIM: TIN) has been tapped by the U.S. government for potential funding to restart a British tin mine that’s been idle for decades. On Thursday, the UK-based tin…
Alamos targets 1M oz in gold output by 2030
Alamos Gold (TSX, NYSE: AGI) predicted annual output will climb 46% by 2028 as expansion work at Ontario’s Island Gold District bears fruit and costs decrease. The stock rose. Gold…
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…
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…