Rio Tinto confirms talks to buy Arcadium Lithium — but not the price
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has made an approach to buy Arcadium Lithium (NYSE: ALTM; ASX: LTM), the two sides confirmed on Monday, following market speculation over…
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Burkina Faso ruler threatens gold licences, but Endeavour downplays comments
Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF) and West African Resources (ASX: WAF) say their operations in Burkina Faso are unaffected after the country’s president said some mining licences may…
Power Metal nets $17.8M for uranium drilling JV in Saskatchewan
Power Metal Resources’ (LSE: POW; US-OTC: POWMF) gained 3.3% on Monday after it announced a £10 million ($17.8 million) investment from London-based UCAM for a joint venture to drill for…
US GoldMining stock soars after it doubles Whistler resource
U.S. GoldMining (NASDAQ: USGO) shares jumped more than 36% on Monday to a new 12-month high at US$14.10 after the company doubled the resource at its Whistler gold-silver-copper project in…
Video: WGC on analysts’ US$3,000 per oz gold call as investors flood in
Gold could reach US$3,000 per oz. in weeks after rate cuts lowered the opportunity cost of holding it, driving speculative and institutional inflows, World Gold Council senior market strategist Joseph…
New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…
Foran cuts more high-grade copper in Tesla zone at McIlvenna Bay
Drill results from Foran Mining (TSX: FOM; US-OTC: FMCXF) on Monday confirmed the high-grade continuity of the Tesla zone at its McIlvenna Bay copper project in east-central Saskatchewan. Its shares…
Lithium firms’ shares rise after Rio Tinto buyout chatter
Shares in a handful of lithium players gained Friday after speculation in the daily publication The Australian that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) might bid to buy…
Apache Tribe takes fight against Resolution Copper to US Supreme Court
The San Carlos Apache Tribe is taking its longstanding fight against Resolution Copper to the U.S. Supreme Court after the Arizona state court in June ruled in favour of the…
Global Atomic shares rise on progress update for Dasa uranium mine in Niger
Global Atomic (TSX: GLO; US-OTC: GLATF) shares gained 10.5% Friday after the company said 10,000 tonnes of development ore has been brought to the surface at its Dasa mine in…
Coeur Mining to buy Silvercrest in US$1.7B deal
Coeur Mining (NYSE: CDE) has reached an agreement to acquire Canadian precious metals producer Silvercrest Metals (TSX: SIL; NYSE: SILV) in an all-share deal valued at US$1.7 billion. The addition…
Gold majors vow not to repeat decadent spending of a decade ago
As gold prices hit record highs, industry executives are hoping they can convince investors – who haven’t yet piled into gold mining stocks – that they’ll put their cash to…