China’s Yancoal earmarks $1.2B to expand
China-backed Yancoal (ASX: YAL) plans to invest its A$1.8 billion (US$1.2 billion) capital reserve into acquiring new assets, potentially beyond Australia and even outside the coal sector. The company, which…
News
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…
Ascot finds $65M to reboot Premier gold mine
Ascot Resources (TSX: AOT; USOTC: AOTVF) has lined up a financing of up to $65 million to get its delayed Premier gold project in British Columbia restarted in July. On…
American Rare Earths boosts oxides 10x
American Rare Earths (ASX: ARR) now has 10 times the total rare earth oxides (TREO) concentration at its Halleck Creek project in Wyoming. The TREO jumped to 3.72% from 0.34%…
Barrick to pay Mali $440M: report
Barrick Gold (NYSE: GOLD; TSX: ABX) has signed a new agreement with the Malian government to end the dispute over its mining assets in the West African country, Reuters reported,…
Island expansion brings almost 1M oz output into focus for Alamos Gold
Alamos Gold’s (TSX, NYSE: AGI) organic growth plans are poised to boost the production profile to the near‐million-ounce club by the end of the decade, CEO John McCluskey tells The…
Anglo, Codelco strike $5B copper deal
Anglo American (LSE: AAL) and Chile’s state-owned Codelco have signed an agreement to jointly develop their neighbouring Los Bronces and Andina operations, a move that will see the partners produce…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…
Wyloo, Hastings form Yangibana rare earths JV
Australian tycoon Andrew Forrest’s Wyloo has agreed to form an unincorporated joint venture with Hastings Technology Metals (ASX: HAS) for the Yangibana rare earths and niobium project in Western Australia….
Grid Metals signs cesium supply deal with Tanco
Grid Metals (TSX: GRDM; US-OTC: MSMGF) agreed to supply China-controlled Tantalum Mining (Tanco) with cesium in exchange for exploration funding on the Donner and Falcon West projects in Manitoba. Tanco…
Juniors shine on TSXV 50 ranking
A handful of Canadian juniors have rocketed to the top of the TSX Venture Exchange’s 50 highest-performing emerging companies last year, according to data from parent company TMX. Power Nickel…
Century-old 1B-lb copper project sells for $26M to mystery buyer
World Copper (TSXV: WCU; US-OTC: WCUFF) is divesting its interest in the Zonia copper oxide project to an unnamed arm’s-length party for $26 million. The project’s new owner is a…