UK OKs Dundee’s $1.25B Adriatic buy
Dundee Precious Metals (TSX: DPM) has secured UK court approval for its acquisition of London-based silver-zinc miner Adriatic Metals (LSE: ADT1), a deal that it now expects to close this…
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B.C. OKs Mt Polley copper-gold pit expansion
British Columbia has approved Imperial Metals’ (TSX: III) plan to deepen and extend the Springer pit at the Mount Polley copper-gold mine, adding about eight more years. The decision comes…
Juniors test lithium waters in Arizona, New Mexico
Beyond some higher-profile projects in Nevada, juniors in Arizona and New Mexico are quietly advancing early-stage lithium plays from claystones and oilfield brines. The battery metal is emerging as a…
Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
German ‘death strip’ solar project breaks ground
The project site runs along the so-called “death strip”, left behind by the GDR border guards in 1989.
Rwanda sends first tungsten to US
Trinity Metals, a Rwandan miner controlled by private UK-based industrialist TechMet, plans to ship tungsten to America’s largest processor of the metal used in bombs, jet engines and light bulbs. …
Luca Mining expands Tahuehueto mine with Fresnillo land deal
Canada’s Luca Mining (TSX-V: LUCA) has bought the Humaya 3 mining concession in Durango, Mexico, from Minera Mexicana La Ciénega, a unit of Fresnillo (LON: FRES), the country’s largest silver…
Ucore, Critical Metals sign 10‑year rare earths deal
The deal connects the massive rare Tanbreez earth project with Ucore’s Department of Defense funded processing facility in Louisiana.
Alaska fast tracks permits with new fed deal
Alaska aims to move priority mining and oil-and-gas proposals faster through permitting after signing a new agreement with federal regulators. The FAST-41 cooperation with Alaska, the first state to do…
Newmont plans sweeping job cuts: Bloomberg
Newmont (TSX: NGT; NYSE: NEM) is preparing a major cost-reduction plan that could lead to thousands of job losses, Bloomberg reported on Wednesday, citing people familiar with the matter. The…
Sprott buys 50,000 lb for $5B uranium trust
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week…
American Lithium wins Peru court battle
American Lithium (TSXV: LI; US-OTC: AMLIF) surged by nearly 20% after winning a legal battle in Peru that’s been holding up one of world’s largest and potentially lowest-cost uranium developments…