Mitsubishi invests $20M in Marimaca Copper for 5% stake
Marimaca Copper (TSX: MARI) has secured a $20-million investment from Mitsubishi Corp. that will give the Japanese firm a 5% stake in the junior. Proceeds of the investment, which comes…
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Albemarle becomes first lithium firm to complete responsible mining audit
Albemarle (NYSE: ALB), the world’s largest lithium miner, has become the first producer of the battery metal to complete and independent third-party audit under the rigorous standard set by the Initiative…
Rio Tinto autonomous train back in operation after derailment
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it had reopened a rail line near the port of Dampier in Western Australia after an autonomous train carrying…
Ontario’s Building More Mines Act law will give more sway to experts over bureaucrats, says Pirie
Ontario’s new Building More Mines Act aims to drastically cut timelines of mine permits and plans to get operations opened faster, says Mines Minister George Pirie.Originally drafted as Bill 71,…
Northern Miner Podcast: ‘We’re in a paradigm shift’—Paul from the Sirius Report on copper, gold and oil
This week’s episode features geopolitical and natural resource commentator Paul from the Sirius Report in conversation with host Adrian Pocobelli. Paul explains how there is increasing skepticism about metal pricing, the geopolitical reasons…
Rio Tinto invests US$498M in Kennecott copper underground
Rio Tinto (ASX: RIO) is strengthening its position in the U.S. copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah. Underground production will be increased,…
GMS Video: Mining investing ‘in our DNA,’ say Quebec agencies
Quebec has earned an enviable international reputation as a top spot for mining and exploration. Part of that is its prospective geology — the province accounts for more than a…
Norway to open its waters to deep-sea mining
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a…
Hudbay triples land holding in Manitoba with Rockcliff buy
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) has inked a deal with Rockcliff Metals (CSE: RCLF; US-OTC: RKCLF) to acquire all the shares it doesn’t already own in the copper-focused…
Mining deal-making declines, but Beaty and others see opportunities
As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions. They say share prices are reasonable or low for…
TNM Drill Down: Musgrave Minerals serves week’s top gold hit as suitor makes takeout offer
Our TNM Drill Down features highlights of the top gold assays of the week (June 9-16). Drill holes are ranked by gold grade x width, as identified by our data…
Lithium One Metals and Norris Lithium to merge
Deal combines two parallel lithium exploration portfolios focused on the active and high-profile James Bay lithium belt in Quebec.