China rules critical mineral despite efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to navigate through high geopolitical tensions…
Politics
Friedland’s Ivanhoe Atlantic urges US to list iron ore as critical mineral
Mining billionaire Robert Friedland’s latest venture, Ivanhoe Atlantic, is reportedly lobbying the U.S. government to add high-grade iron ore to the country’s list of critical minerals. The move aims to…
Solaris lands $200M from Royal Gold
Canadian mining developer Solaris Resources (TSX: SLS; NYSE: SLSR) has secured a $200-million financing deal from streaming and royalty company Royal Gold (Nasdaq: RGLD) to advance its Warintza copper-gold project…
Canuck-backed Clarios to build $1B US plant
Clarios, the world’s largest manufacturer and recycler of low-voltage batteries, says it plans to invest up to $1 billion (C$1.39 billion) in a state-of-the-art critical minerals processing and recovery plant…
Rosneft acquires Russia’s largest rare earth deposit
Russia’s state-run oil giant Rosneft has acquired the giant Tomtor rare-earth deposit in Siberia, filings in the country’s national commercial registry show. Tomtor, considered Russia’s largest deposit of its kind,…
Perpetua gets final U.S. OK for fast-tracked Stibnite
Perpetua Resources (Nasdaq: PPTA; TSX: PPTA) says it’s obtained the final federal approval for the $1.3 billion capex Stibnite gold-antimony project in Idaho that U.S. President Donal Trump fast-tracked in…
Opinion: The Global Hunger Games of commodities
This article caught my attention last week: ‘Trump to approve land swap for Rio Tinto copper mine opposed by Native Americans.’ The brief: The Trump administration has said it would…
Video: Suspect arrested in Peru gold mine massacre
The main suspect in the kidnapping and murder of 13 gold miners in Peru has been arrested in Colombia, according to the Peru’s Ministry of the Interior. Miguel Antonio Rodríguez…
First Quantum mine closure sucks $1.7B from Panama
First Quantum Minerals (TSX: FM) says its shuttered copper mine in Panama would have contributed more than $1.7 billion (C$2.38 billion) to the Latin American nation’s economy had it remained…
Saudis enter rare earths with MP Materials deal
MP Materials (NYSE: MP) has signed a deal with Saudi Arabia’s state miner Ma’aden to develop a rare earths supply chain in the kingdom, covering everything from mining to magnet…
Cobalt deficit due by early 2030s: industry group
Global cobalt demand is projected to rise faster than supply over the next decade, shrinking the current market surplus and potentially pushing the sector into deficit by the early 2030s,…
Buffett knows resources need rail: ex-Tory leader O’Toole
As U.S. protectionism intensifies under renewed tariff threats and energy pressures, Canada’s former Conservative leader Erin O’Toole is calling on the nation to double down on domestic resources and reassert…