Friedland’s forgotten metal wins $400M US backing
After more than two decades, billionaire Robert Friedland’s plans of developing a scandium mine in New South Wales (NSW) look to be finally coming to fruition. Sunrise Energy Metals (ASX:…
Politics
Ottawa scrutinizes China’s $175M Lithium Chile deal
Canadian junior Lithium Chile (TSX-V: LITH) and China Union Holdings (SZSE: 000036) face a potential national security review of their $175-million (C$243-million) Argentum Lithium transaction after Canadian officials raised concerns…
$10B Canada power deal seen boosting Labrador mining
Canada, Quebec and Newfoundland and Labrador signed a $10 billion (US$7.2 billion) non-binding agreement to expand the Churchill Falls generating station, nearly tripling its current capacity, in what Ottawa is…
Venezuela targets $4.4B London gold stash
Venezuela’s government and opposition have agreed to jointly pursue the return of about 31 tonnes of gold held at the Bank of England in a plan to help finance reconstruction…
Cobre Panama restart hopes rise as thousands return to mine
First Quantum Minerals’ (TSX: FM) hopes of restarting its halted Cobre Panamá copper mine received a boost Tuesday as government officials met workers and suppliers while weighing the giant operation’s…
Gold holds above $4,300 per oz as rate-cut bets build
Bullion extends last week’s 7% surge as weak US employment data, investor positioning and Chinese buying lend support.
US unveils $2B of financing commitments for mining
United States President Donald Trump on Friday announced more than $2 billion (C$2.8 billion) in financing pledges for critical minerals and other mining projects that he says will help the…
Lupaka Gold lands $49M from Peru to settle dispute
Peru has paid most of arbitration award, clearing the way for the first contingent value rights distribution.
Editorial: Industrial power returns
For much of the past three decades, mining executives struggled to convince governments that minerals were strategic assets. They no longer have to make that case because the world has made it…
Commentary: Canada should back critical minerals with buyers
The federal government’s first move through the Canada Critical Minerals Accelerator did not go to a lithium developer or a nickel mine. It went to germanium, antimony and gallium at…
US shortlists five states for nuclear sites
The United States Department of Energy (DOE) has selected five potential host states for what it calls “Nuclear Lifecycle Innovation Campuses” in an effort to strengthen and modernize the nation’s…
US struggles to secure lithium for strategic stockpile
The U.S. Defense Logistics Agency has pushed back for a second time the deadline for suppliers to bid on a contract to provide battery-grade lithium carbonate for the nation’s strategic…