JSW Steel considers 75% interest in Teck’s coal business
JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) steelmaking coal business, according to a Bloomberg report In July,…
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Piedmont earns 22.5% stake in Atlantic Lithium’s Ghana project
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) has exercised its option to acquire an initial 22.5% stake in Atlantic Lithium’s (AIM: ALL, ASX: A11) Ewoyaa project in Ghana, having committed US$17…
Yukon juniors Rackla, White Gold, Strategic Metals vie for investor support
Dawson City, Yukon – This is the final article on companies active in the Yukon following a week of site visits and interviews last month. There were pieces on Granite…
Mexico’s disruptive shift on mining creates far-reaching concerns
Mexico’s mining industry faces a potential crisis after a new law this year radically changes how projects can be registered, approved and developed. Veteran Latin America investor Ross Beaty calls…
Miners in NWT hunker down as emergency-level wildfires approach Yellowknife
Miners and explorers are scaling back or modifying operations in the Northwest Territories as severe wildfires prompted the government to declare a territory-wide state of emergency on Tuesday.An evacuation order…
Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon
Granite Creek Copper (TSX-V: GCX; US-OTC: GCXXF), part of the Metallic Minerals Group, wants to attract a major company to consolidate a Yukon area into a local copper giant. Granite’s…
Snowline Gold raises $15M for Yukon gold projects
Snowline Gold (TSXV: SGD; US-OTC: SNWGF) will raise $15 million in an agreement with Cormark Securities to purchase 2 million flow-through shares of the company at $7.50 per share. The money…
Aether raises US$49M to extract lithium using AI
American start-up Aether said on Wednesday it has raised US$49 million to scale its AI and machine learning-based platform aimed at helping miners extract critical metals in a more resource-efficient…
Chaarat Gold sells Kapan mine in Armenia for US$54.5M
Chaarat Gold Holdings (LSE: CGH) is selling its only operating mine, Kapan, for US$54.5 million ($73.4 million) to Armenian miner Gold Mining Company. The miner, which once tried buying Centerra’s Kumtor…
Barrick CEO criticizes western funds’ shortsightedness, adds praise to Saudi’s PIF
Western fund managers should follow in the footsteps of sovereign wealth funds that are investing in mining projects in some of the world’s riskiest jurisdictions, Barrick Gold (TSX: ABX; NYSE:…
Drilling at Probe Gold’s Monique project returns grades of up to 10 grams per tonne
Probe Gold (TSX: PRB; US-OTC: PROBF) says results from 37 drill holes, totaling 10,772 meters, have returned significant gold intercepts from surface to 425 meters vertical depth at the Monique…
Podcast: Why oil companies are interested in lithium, ft Zelandez CEO Gene Morgan
This week’s episode features Zelandez CEO Gene Morgan in conversation with host Adrian Pocobelli on the challenges related to lithium extraction. Morgan, whose company is a lithium brine service provider,…