Silvercorp again hikes takeover offer for OreCorp
Canada’s Silvercorp Metals (TSX: SVM; NYSE: SVM) is boosting its buyout bid for African gold developer OreCorp (ASX: ORR) while competing with Perseus Mining (TSX: PRU; TSX: PRU). Silvercorp, a…
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Cash-strapped Horizonte secures US$20M to advance Araguaia nickel project in Brazil
Nickel developer Horizonte Minerals (AIM: HZM; TSX: HZM) has tapped Glencore (LSE: GLEN), Orion Mine Finance Management and London-based La Mancha Resource Capital for $US20 million to advance the Araguaia…
Follow the money: Mapping $285.2M in uranium financings in the Athabasca Basin
As uranium spot prices continue to climb and hit US$86.35 per lb. in late-December while demand for the energy metal increases, exploration is heating up in Canada’s uranium hotspot of…
Andean Precious Metals adds eight years to Bolivia silver mine life
A new reserve estimate for the San Bartolomé silver mine in Bolivia underpins an eight-year extension to the mine plan through 2028, Andean Precious Metals (TSXV: APM; US-OTC: ANPMF) said…
Podcast: ‘Hostile political environment’ to fuel gold prices higher in 2024, ft CPM Group’s Jeffrey Christian
This week’s episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on macroeconomics and precious metals. Christian continues to see a chance of recession in…
Ucore wraps up commissioning of RapidSX rare earths separation tech plant
Ucore Rare Metals (TSXV: UCU; US-OTC: UURAF) has completed the commissioning of its RapidSX commercial demonstration plant for separating rare earth elements (REEs), at its facility in Kingston, Ont. …
Serra Verde secures regulatory approval for first phase of Brazil rare earths mine
Rare earth elements (REE) developer Serra Verde has received an environmental operating licence for the first phase of its Pela Ema project in east-central Brazil, giving the company its necessary…
Energy Fuels rides uranium price wave to production at southwest US mines
As uranium spot prices continued rising to new highs on Friday, Energy Fuels (TSX: EFR; NYSE: UUUU) has started uranium production at its mines in Utah and Arizona. EFR expects…
Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
Federal critical mineral research needs more cash, hears US House committee
U.S. critical mineral supply chains need more funding if national security needs are to be met, says GreenMet CEO Drew Horn. Horne was one of five witnesses giving testimony during…
Northern Dynasty closes $23M in financings to support Pebble project
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) has closed its recently announced convertible note and private placement financings for respective totals of US$15 million and $3.42 million, which the company…
Kazakhstan exports most uranium in eight years
Kazakhstan, the world’s leading uranium producer, has reported its highest sales of the nuclear fuel since 2015 driven mainly by China’s increase in demand as it rivals France for the…