Site visit: Saga races to define Labrador rare earths find
Northeast Labrador – In a small, treeless valley in remote Labrador, a camp of white tents is abuzz with activity as people scurry around to support the larger effort of exploring…
News
Vale shelves base metals IPO: Globe
Vale (NYSE: VALE) has shelved plans for an initial public offering of its critical-minerals subsidiary Vale Base Metals (VBM) amid political opposition in Brazil to potentially losing control over strategic…
Pentagon rare earth push collides with China’s grip
The Pentagon could require enough specialized rare earth magnets by 2030 to absorb nearly half of today’s entire non-Chinese production, highlighting the scale of the challenge facing Washington as it…
Sponsored video: Miners need marketing approach to hiring skilled talent, Globe 24-7 says
Mining is facing a serious shortage of skilled workers that is becoming a drag on growth, as noted by industry leaders and by mining industry recruiter Globe 24-7. The talent…
Investors buoy gold price as central banks slow
Central-bank gold buying fell by more than half in July even as bullion stayed near record highs, suggesting investment demand is taking on a bigger role in supporting the market….
SW US: New US lithium mines are coming
Albemarle’s (NYSE: ALB) Silver Peak mine in Nevada – the only active lithium resource in the United States – could soon have company. As many as nine new lithium mines…
TNM Drill Down: Revival Gold in Idaho leads assays for July-August
Drilling in the United States and Canada returned the top gold results for the July 16 to Aug. 14 period, with assays from Revival Gold (TSXV: RVG), Thunder Gold (TSXV:…
Baowu eyes stake in BHP’s Jimblebar mine: Reuters
China Baowu Steel Group is exploring an investment in BHP’s (ASX, LSE, NYSE: BHP) Jimblebar iron ore operation in Western Australia, according to people familiar with the discussions cited by…
Site video: Chopper ride to Saga in Labrador
This week The Northern Miner flew in a helicopter to Saga Metals’ Wolverine project in the wilds of northeast Labrador, where there are no roads. Saga’s small but busy camp of…
SW US CEO chat: Ivanhoe Electric maps $1B debt path for Arizona copper project
Ivanhoe Electric (NYSE-A, TSX: IE) CEO Taylor Melvin says the company aims to secure more than $1 billion in U.S.-backed debt as it starts early construction at its Santa Cruz…
SW US CEO chat: Capstone devoted to Arizona mine for long haul
Capstone Copper (TSX: CS; ASX: CSC) is committed to modernizing its Pinto Valley open-pit operation in Arizona to lift production and potentially lengthen mine life, CEO Cashel Meagher says. Located…
Dutch slash New York gold in crisis shift
The Netherlands’ central bank has transferred 86 tonnes of gold from North America to London, cutting the share of its bullion held in New York to 19% from 31% as…