PureGold Mining seeks creditor protection
Canadian precious metals miner PureGold Mining (TSXV: PGM; LSE: PUR) has applied for an initial order for creditor protection from the Supreme Court of British Columbia, having considered its cash…
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Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
Federal government stiffens guidelines on foreign involvement in Canada’s critical mineral sectors
The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada’s critical minerals sectors. In a joint news release issued…
Calibre granted environmental permits to develop Eastern Borosi project in Nicaragua
Nicaragua authorities have granted critical environmental permits to Calibre Mining (TSX: CXB; OTC: CXBMF), greenlighting the open pit and underground mine developments at its Eastern Borosi gold project (EBP). Calibre…
Teck Resources hikes cost of QB2 copper project in Chile again
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least…
Cameco reports Q3 uranium contracting gains, touts scooping Russian market share
Canadian uranium major Cameco (TSX: CCO; NYSE: CCJ) has narrowed its September-quarter loss, citing building momentum in long-term contracting by power utilities amid concern about global energy security and the…
Core and Tesla scrub lithium deal as spodumene ore prices soar
Core Lithium (ASX: CXO) shares fell on Thursday after the miner and Tesla couldn’t secure a supply deal for battery-metal ore, but the power may reside with the producer over…
Commerce’s Ashram rare earth sample signals Quebec project’s global green metal ambition
Commerce Resources (TSXV: CCE ; US-OTC: CMRZF) has produced its largest rare earth oxides sample yet from its Ashram project in northern Quebec as it develops what it calls the…
Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has been granted three new highly prospective exploration rights covering a total surface area of 80 sq. km adjacent to the company’s Platreef project…
Teck exits oilsands with $1B sale of Fort Hills stake to Suncor
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada’s largest diversified miner, is exiting the oilsands business with the sale of its 21.3% stake in the Fort Hills project to Suncor…
Opening up protected areas in the Amazon to mining may lead to massive forest losses
A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage. In a paper published…
Chile’s recast mining royalty bill gets mixed reception from industry
The Chilean government has presented a bill to the Senate’s Mining and Energy committee that “significantly reformulates the mining royalty bill,” the finance ministry said in a statement on Tuesday….