Sweden lifts uranium ban
Sweden’s parliament on Wednesday voted to repeal a 2018 moratorium on uranium mining, clearing the way for exploration and mining from Jan. 1. The move by Sweden’s unicameral national parliament,…
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Iamgold hits record gold output
Canadian miner Iamgold (TSX: IMG; NYSE: IAG) has reported strong third-quarter results, driven by record production at its flagship Côté gold mine in Ontario and continued debt reduction efforts. The…
Electra restarts construction at Ont. cobalt refinery
Electra Battery Materials (TSX-V, Nasdaq: ELBM) said it’s resumed construction at its Ontario cobalt sulfate refinery after securing about $82 million (C$115 million) in project financing. The stock soared. Work…
Texas Smackover sets grade high for lithium brine
Smackover Lithium, a joint venture between Standard Lithium (TSXV: SLI; NYSE-A: SLI) and Norway state oil company Equinor (NYSE: EQNR), says it has North America’s highest lithium-in-brine grades in the…
Opinion: The US reclaims its exploration roots
No doubt we are sitting within a phase of geopolitical spotlighting on minerals that involves Donald Trump, China, tariffs, ending the war in Ukraine, Greenland and Russia. This is the…
U.S. export bank signals $200M for Pumpkin Hollow
Letter of interest outlines $180m in potential funding to complete the fully financed restart of the underground copper mine in Nevada, and $20 million to advance technical work.
Prairie Lithium starts building Saskatchewan DLE facility
Australia’s Prairie Lithium (ASX: PL9) has kicked off construction in Saskatchewan of what it says would be the largest direct lithium extraction (DLE) facility in North America. Prairie’s facility would…
Freegold drills strong wide intercepts in Alaska
Freegold Ventures (TSX: FVL; US-OTC: FGOVF) has reported further drilling success from its Golden Summit project in Alaska where it’s defining a starter pit in the lead up to a…
Canadian federal budget promises billions for mining
Canada’s Liberal government plans to form a $2-billion sovereign fund for critical minerals, earmark hundreds of millions in mining industry spending and widen exploration tax credits to a dozen other…
Aya values Boumadine in Morocco at $3B with spot gold
Canada’s Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year…
Bottlenecks slow US copper supply ambitions
The United States’ effort to build a secure domestic supply of copper is running headlong into environmental review and legal disputes – illustrating the tension between energy transition goals and…
US backs RE magnets with $1.3B for Vulcan, ReElement
Rare earth magnet producer Vulcan Elements has struck a partnership with the U.S. government and ReElement Technologies to expand United States rare earth magnet production. Vulcan is to receive a…