TSX Venture index falls nearly 4% during Apr. 17-21 trading week
The S&P/TSX Venture Composite Index fell 23.68 points or 3.7% over the Apr. 17-21 trading period to close at 614.2. Sigma Lithium fell the most by value, dropping $5.37 apiece…
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Wyloo tightens grip on nickel explorer Mincor
Wyloo Metals, a privately-held mining company owned by Australian billionaire Andrew Forrest, has secured control of nickel and gold explorer Mincor Resources (ASX: MCR) by locking in a 51.24% interest….
Argentina says new projects will boost lithium production fivefold by 2025
Argentina, the world’s fourth largest global lithium supplier, says it’s on track to reach 200,000 tonnes annual production by 2025. That’s thanks to the development of six new projects in…
Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.
Asante Gold shuns takeover bid from UAE investor firm
Asante Gold (CSE: ASE) has turned down a takeover proposal by Fujairah Holding LLC, a global investment company based in UAE that owns a 11.43% stake in the West Africa-focused…
Piedmont’s Tennessee lithium hydroxide plant to double U.S. output
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) says its proposed US$600-million lithium hydroxide plant in Tennessee would pay for itself in less than three years. The project has an after-tax net…
ASX-listed Essential Metals rejects Tianqi Lithium-IGO takeover bid
Essential Metals (ASX: ESS) shareholders have rejected a A$136 million (US$92 million) joint takeover bid led by China’s Tianqi Lithium and Australia’s IGO Ltd. (ASX: IGO). The outcome was, in…
Sumitomo Metals backs Teck’s split plan
Japan’s Sumitomo Metal Mining confirmed on Thursday its support for Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) planned spinoff into two companies in the face of an alternative proposal from Glencore…
Global silver demand posts record high of 1.2B oz in 2022
All major silver demand categories achieved record highs in 2022, pushing total demand to a new high of 1.2 billion oz. last year, according to the Silver Institute. In its…
Lithium exploration in Canada – in charts
With last year’s record lithium prices spurring a boom in exploration for the energy metal that has persisted even as prices have retreated, The Northern Miner was curious where in…
Probe’s assays hike resource outlook at Novador gold project in Quebec
Probe Gold (TSXV: PRB) has reported scores of assays from its Pascalis deposit signalling a potential resource increase this year at the Novador gold project near Val d’Or, Que. More…
Vital Metals’ plans for rare earth production stall
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, is pressing pause on construction of its half-finished Saskatoon processing facility after determining that its plans to…