Deepest marathon on Earth tests runners and miners
It was hot, damp and utterly dark, the kind of darkness that swallows sound. A line of headlamps bobbed through the tunnels of Boliden’s Garpenberg zinc mine more than a…
News
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
EU urged to boost critical minerals push
The European Union must ramp up support for its critical minerals sector and allow greater state intervention to counter China’s rare earth export curbs, the European Initiative for Energy Security…
Podcast: Miners invest heavily into AI, ft EY’s Yameogo on industry risks, rewards
This week’s episode features Theo Yameogo, EY Americas Metals & Mining Leader, in conversation with host Adrian Pocobelli about EY’s new report on the Top 10 business risks and opportunities…
Cameco soars on $80B US nuclear pact
Cameco (TSX: CCO; NYSE: CCJ) surged on Tuesday after the U.S. government announced a strategic partnership with Westinghouse Electric, which the uranium producer co-owns with Brookfield Asset Management, to accelerate…
US and Japan strike rare earths deal
The United States and Japan have signed a framework agreement to secure the supply of rare earths and critical minerals, aiming to reduce reliance on China’s dominant position in the…
AbraSilver logs new high-grade gold hits at Diablillos
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) said new drill results at its flagship Diablillos project in northwestern Argentina have expanded the high-grade gold zone east of the Oculto deposit. “Numerous”…
West Point Gold books high surface grades in Arizona
Drilling by West Point Gold (TSXV: WPG; US-OTC: WPGCF) has returned strong results from surface at its main Gold Chain project in western Arizona. Hole GC25-70 cut 82.4 metres grading 1.61…
Banks, investors pumped $52B into met coal between 2022 and 2024: report
German environmental and human rights group Urgewald has found how major financial institutions continue to bankroll the metallurgical coal industry, funnelling nearly $52 billion into mine expansions between 2022 and…
Perpetua gets $255M from JPMorgan, Agnico Eagle
Perpetua Resources (Nasdaq, TSX: PPTA) has secured $255 million in new investments from JPMorgan Chase and Agnico Eagle (TSX, NYSE: AEM), giving the U.S.-focused gold and antimony developer a major…
Update lifts Banyan’s contained gold to 8.1M oz
A resource update for Banyan Gold’s (TSX-V: BYN; US-OTC: BYAGF) Hyland project in southeast Yukon helps the company maintain its third place ranking among the largest projects in the territory…
Ivanhoe Atlantic’s Guinea iron ore project moves closer to construction
Ivanhoe Atlantic has completed the necessary environmental and social impact studies (ESIA) for its Kon Kweni iron ore project in Guinea and submitted permit applications to begin construction early next year….