Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
News
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…
The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess…
Talon shares surge on ‘historic’ sulphide discovery
Rio Tinto (ASX: RIO)-backed Talon Metals (TSX: TLO) announced on Monday it has made a “historic” discovery at the Tamarack nickel-copper project in central Minnesota. Shares of the company hit…
Early-stage Orca to squeeze ore from seaweed
Marine cultivator Blue Evolution launched Orca Minerals last week in a bid to harvest scandium, palladium and rare earths from seaweed farms. Orca, located in San Jose, Calif., is partnering…
Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou, told…
Nova Scotians show support for critical minerals mining
As Canada faces rising economic pressures with the trade threats from the Trump administration, a new poll shows broad support among Nova Scotians for expanding the province’s mining and quarrying…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Missiles to MRIs need metal’s highest-grade US deposit
U.S. Critical Materials has confirmed what it calls the highest-grade deposit of neodymium, a rare earth element used in electric motors, ever reported in the United States. The Salt Lake…
Rare 10-carat blue diamond could fetch $20M
A rare 10-carat blue fancy diamond could fetch up to $20 million (C$27.8 million) when it goes before bidders in Geneva on May 13, auction house Sotheby’s said on Thursday….
Gold comes from neutron star explosions: study
The true origins of the Earth’s heaviest elements like gold have eluded astrophysicists for decades. The prevailing scientific view is that neutron star collisions created gold and other heavy elements,…
Podcast: Communication ‘main issue’ between miners and Indigenous communities, ft CMEB’s Youcef Larbi
This week’s episode features Youcef Larbi, General Director and Chief Geologist at the Cree Mineral Exploration Board (CMEB), in conversation with host Adrian Pocobelli. Larbi discusses the genesis of the…