Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Politics
Ontario nuclear plan could boost uranium mining
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for…
China takes strides in rubidium extraction
China has achieved a technological breakthrough in the production of rubidium, the South China Morning Post has reported, as Beijing looks to expand its dominance in the critical minerals supply…
No takers for Nova Scotia uranium blocks post-ban
Nova Scotia, having recently lifted its decades-long ban on uranium exploration, says it has not received any bids for the request for proposals (RFPs) covering three areas prospective of the…
Trump confirms rare earth deal with China
U.S. President Donald Trump announced on Wednesday that trade negotiators have reached a deal under which Beijing will supply magnets and rare-earth minerals, while American colleges and universities will once…
Gold passes euro as second-largest reserve asset: ECB
Gold, driven by record purchases and surging prices, has overtaken the euro as the second most important reserve asset behind the dollar, the European Central Bank (ECB) says. According to…
US Critical Materials, Idaho lab build rare earths plant
U.S. Critical Materials (US-OTC: USCMF) and the Idaho National Laboratory are building a pilot-scale processing plant for rare earths in the western state as the country seeks to lessen dependence…
BC mining must deliver on its potential: PwC
British Columbia’s mining industry is entering a crucial stage rich in opportunity for critical minerals and gold, but it’s still dogged by slow permitting and widespread uncertainty, according to global…
Indonesia bars nickel mining at top diving spot
Indonesia has revoked four out of five nickel mining permits in Raja Ampat, one of the country’s most prized diving and snorkelling destinations, following mounting environmental concerns and pressure from…
U.S. lawmakers seek new Fort Knox gold audit
A group of Republican lawmakers has introduced a bill to initiate the first comprehensive audit of U.S. gold reserves since the 1950s, citing the need for greater transparency over the…
Quebec’s Dumont nickel project on new EU list
The Dumont project in Quebec, one of the world’s largest undeveloped nickel-cobalt deposits, is among global critical mineral developments the European Union wants to invest in as China limits exports. …
Generation Mining hits 20-month high
Generation Mining (TSX: GENM, US-OTC: GENMF) shares nearly hit a two-year high Friday as it spotlighted Ontario government support for its $990-million capex Marathon copper-palladium project. Located 300 km east…