Erdene to pour first gold at Mongolia mine in 2025
Erdene Resource Development (TSX: ERD) said on Tuesday it expects to pour first gold at its Bayan Khundii project in southwestern Mongolia in late 2025, when it will become one…
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Lucara Diamond to replace CEO Eira Thomas
Lucara Diamond (TSX: LUC) announced Monday the company will appoint William Lamb as president and chief executive officer and a director, replacing Eira Thomas. Thomas co-founded Lucara in 2007, with…
New Found Gold explores use of Maritime’s processing facility for early production
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is considering taking its Queensway project in Newfoundland and Labrador into early production using the nearby gold processing facility held by Maritime Resources…
Surprise: mine spending grows in Mexico despite new law, Obrador’s populist tilt
What’s happening in Mexico? Corporate mining project investments soared this year in the world’s largest silver producer even as the government targeted companies in a tough new law a year…
The Metals Company stock surges on US$27M capital raise
The Metals Company (NASDAQ: TMC), an explorer of lower-impact battery metals from seafloor polymetallic nodules, has announced a registered direct offering that would see the company raise gross proceeds of…
Hochschild Mining sees 300,000 oz per year potential in Chile gold project
Hochschild Mining (LSE: HOC) said on Monday it has completed a reevaluation of its Volcan gold project in Chile, which it added to its portfolio in 2012 with the acquisition…
Vision Blue injects US$40M into PNG lime project
Vision Blue Resources (VBR), a U.K. investment fund focused on battery and technology metals, has agreed to pay US$40 million ($53.8 million) to junior Mayur Resources (ASX: MRL) for a…
Commentary: Like Frodo, we should embrace our enemy’s enemy
Professor J.R.R. Tolkien died 50 years ago, and we can learn from his hero in Lord of the Rings, Frodo Baggins, who made an expedient choice for his guide into…
Canadian Miners in Mexico Snapshot: Eight companies to watch
Its strong infrastructure, long mining heritage and prospective mineral belts draw explorers and miners from near and far. Here are eight companies with exploration, development and producing projects in the…
Allkem update more than doubles James Bay lithium resource to 110M tonnes
An update to Allkem‘s (TSX: AKE; ASX: AKE) James Bay lithium project in northern Quebec has increased the resource by 173% over its previous estimate from December 2021, the company…
Chile’s President blocks push for private lithium concessions
Chile’s President Gabriel Boric has vowed to block a proposal by conservative lawmakers seeking to let private companies mine the country’s vast lithium reserves. Boric announced earlier this year a…
RANKED: World’s largest clay and hard rock lithium projects
The lithium market has been in turmoil with dramatic price swings over the last few years as demand from electric cars take off and global supply growth tries to keep up. Junior…