Site visit: FireFly Metals seeks high-grade copper crown
BAIE VERTE, N.L. – Hundreds of metres underground inside a tunnel in northwest Newfoundland, and illuminated only by head lamps, is the precise area where FireFly Metals’ (ASX, TSX: FFM)…
News
Canada advances plan to freeze Giant mine’s toxic waste
Canada’s $4.4-billion plan to cope with a poisonous legacy at a former gold mine in the Northwest Territories risks complicating local efforts to find a permanent solution. Ottawa is moving…
CMOC’s IXM cites force majeure on cobalt deliveries
IXM, a metals trading unit of CMOC Group, a partially Chinese state-owned entity, has declared force majeure on its cobalt supply contracts due to an ongoing export ban in the…
American Battery Technology’s lithium project gets federal permitting priority
American Battery Technology (Nasdaq: ABAT) soared on Monday after its Tonopah Flats lithium project (TFLP) in Nevada was given “transparency priority” status by the U.S. Federal Permitting Council, two months…
EQ Resources gains EXIM interest for tungsten project
Under the new Supply Chain Resiliency Initiative, the Letter of Interest states that EXIM is considering a 10-year debt facility of up to $34 million.
Kinterra matches Central Asia’s bid for New World
Kinterra Capital has made an improved offer to buy Australia’s New World Resources (ASX: NWC) as it looks to beat London-listed Central Asia Metals (LSE: CAML) in the takeover battle. On…
Arizona Metals plunges as Kay resource disappoints
Arizona Metals (TSX: AMC; OTCQX: AZMCF) shares plunged to their lowest level in more than four years after a long-awaited initial resource estimate for the company’s Kay polymetallic project revealed a…
NexMetals rises on strong copper-nickel hits
NexMetals Mining (TSXV: NEXM; US-OTC: PRMLD), fresh off its name change from Premium Resources, reported drill results as high as 13.5 metres grading 1.13% copper and 1.25% nickel at its…
BHP builds $10.6B Jansen mine for potash footprint
The biggest private investment in Saskatchewan history is nearing the finish line. BHP (NYSE, LSE, ASX: BHP) is more than 60% of the way towards completing stage one of the…
Central Asia Metals ups offer for New World
The takeover battle for Australian copper developer New World Resources (ASX: NWC) is heating up after Central Asia Metals (LSE: CAML) raised its offer shortly after Canada’s Kinterra Capital made…
CHART: The brutal economics of EV battery lithium
News this week that the world’s second-biggest lithium miner – SQM – has begun laying off 5% of its Chilean workforce would not come as a surprise to those following…
US Antimony’s Fostung buy to offer Canadian tungsten
United States Antimony (NYSEA: UAMY) plans to fast-track development of its new Fostung tungsten property in Ontario, it said Friday. U.S. Antimony, based in Dallas, paid $5 million (C$6.9…