Deep Yellow delays Namibia project on uranium price
Uranium developer Deep Yellow (ASX: DYL) says it will defer the final investment decision on its main Tumas project in Namibia for the second year running, this time until market…
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PDAC video: Eldorado targets 43% output surge
Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming for a 43% increase in output over the next three years over 2023 gold production levels as new projects enter operations and…
Renforth boosts Parbec gold project’s size by 29%
A new resource estimate for Renforth Resources’ (CSE: RFR; US-OTC: RFHRF) Parbec gold project in western Quebec raises the deposit’s size by about one-third, the company says. Measured and indicated…
Ivanhoe shares rise on hydropower boost, output
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says its Kamoa-Kakula copper complex in the Democratic Republic of Congo has reached a “major turning point” following a sizeable increase in imported hydroelectric…
Kinross buys 9.9% of Nevada-focused Eminent Gold
Kinross Gold (TSX: K) is taking a 9.9% equity stake in Eminent Gold (TSXV: EMNT) by partaking in a private placement arranged by the Nevada-focused gold junior. Under the placement disclosed on…
Mining dominates Poilievre’s speedy permits list
Mining investments make up nearly all the resource projects Conservative leader Pierre Poilievre would approve within a year if elected Canadian Prime Minister this month. Campaigning in British Columbia on…
Ontario’s $11B in tariff aid defers mining tax
Ontario plans to provide about $11 billion in relief to workers and businesses to help weather the impact of U.S. tariffs. The support package includes deferring business taxes, including the mining…
US, DRC near minerals deal: report
The United States and the Democratic Republic of Congo are discussing an agreement that would see U.S. companies take greater control of critical mineral assets in exchange for support for…
PDAC video: McKinsey warns of $5T critical minerals capital need
Critical mineral miners will need about $5 trillion in investments by 2035 to meet projected demand, McKinsey & Co. senior partner Patrick Lahaie said in a video interview. The figure…
Sheinbaum quickens mining permits even as Mexico faces $1.5B in claims
Mexico’s image as a tough place for mining may show little sign of abating under the Claudia Sheinbaum administration as it increases taxes and faces $1.5 billion (C$2.15 billion) in…
New Gold buys rest of New Afton mine for $300M
Canada’s New Gold (TSX: NGD; NYSE-A: NGD) has agreed to acquire the remaining 19.9% free cash flow interest in the New Afton copper-gold mine from the Ontario Teachers’ Pension Plan for…
PDAC video: Kazakhstan keen to draw Canadian miners
Kazakhstan is counting on its estimated US$40 trillion mineral wealth to spark a mining boom, Astana International Financial Centre (AIFC) governor Renat Bekturov says. To attract investors, state-backed AIFC is…