USA Rare Earth shares soar on White House talks report
Shares of USA Rare Earth (Nasdaq: USAR) jumped more than 21% to a historic high on Friday after CEO Barbara Humpton told CNBC that the developer is speaking with the…
Politics
New Quebec minister urged to cut mining red tape
Quebec has a new minister responsible for mining and forestry. Jean-François Simard, a sociologist by training who once served as the province’s junior environment minister, was appointed natural resources minister…
Editorial: Quebec’s mining crossroads
Quebec’s mining sector is at once thriving and uncertain, a duality that reflects the global forces reshaping commodities and the local policies that aim to manage them. The province has…
Foran’s McIlvenna Bay zinc-copper project could produce by around April
Foran Mining’s (TSX: FOM; US-OTC: FMCXF) construction progress at its McIlvenna Bay zinc-copper project in Saskatchewan is putting it on track to start commercial production by the middle of next…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Washington seeks Thacker Pass stake
The Trump administration now wants an initial 5-10% equity stake in Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada as it seeks to renegotiate the terms of a…
Hudbay halts Constancia mine amid Peru protests
Hudbay Minerals (TSX, NYSE: HBM) has temporarily shut down its Constancia mine in southern Peru in response to local protests and illegal blockades that have escalated amid wider unrest across…
Angola joins race for De Beers slice
Angola’s state diamond company Endiama has formally submitted a bid for a minority stake in De Beers, intensifying the scramble for influence over the world’s largest diamond producer as Anglo American…
Botswana wants De Beers control within weeks
Botswana is accelerating efforts to gain control of De Beers as parent company Anglo American (LSE: AAL) moves forward with plans to divest its 85% stake in the diamond giant,…
DOE re-thinks $2.2B Thacker Pass lithium loan
The Trump administration is reportedly having second thoughts on a Biden-era $2.2-billion loan for Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada, according to Bloomberg News. The loan…
DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Neo Performance opens Europe’s first REE magnet plant
Neo Performance Materials (TSX: NEO; US-OTC: NOPMF) has officially opened its $75-million facility in Estonia, becoming the first to mass produce rare earth magnets for Europe’s automotive and wind energy…