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…
Regulatory Issues
Surge Battery PEA posts $9.2B lithium project value
Surge Battery Metals (TSXV: NILI; US-OTC: NILIF) has issued a preliminary economic assessment (PEA) for its Nevada North lithium project that outlined what could be a low-cost, long-life producer of…
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…
Resigning Rio CEO asserts company unity
Rio Tinto’s (NYSE, LSE, ASX: RIO) departing CEO Jakob Stausholm says he hasn’t fallen out with chairman Dominic Barton despite Reuters citing unnamed company officials to the contrary. Management and board…
Allied Gold lists on NYSE Monday
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is set to begin trading on the New York Stock Exchange starting Monday after obtaining all regulatory approval. The stock will trade under the…
Lynas Rare Earths gains as China roils carmakers
Shares of Lynas Rare Earths (ASX: LYC) soared nearly 13% on Thursday to their strongest level in more than two years amid concerns over China’s export controls on rare earth…
Mali court again delays Barrick case
A Malian court has postponed a ruling for a fourth time on whether to place Barrick Mining’s (TSX: ABX; NYSE: B) Loulo-Gounkoto gold complex under provisional administration, delaying the hearing…
Graphite One surges on FAST-41 for Alaska project
Shares in Graphite One (TSXV: GPH; US-OTC: GPHOF) gained after the company said the U.S. government put it’s billion-dollar Alaskan project in a fast-track approval process. Graphite One is advancing…
Guatemalan Xinka oppose Pan Am silver mine restart
A Xinka Indigenous delegation visiting Canada from Guatemala had a clear message for Escobal mine owner Pan American Silver (TSX, Nasdaq: PAAS): “No.” Escobal, suspended since a 2017 Guatemalan Supreme…
First Quantum faces $20M monthly bill in Panama
First Quantum Minerals (TSX: FM) will spend about $20 million a month to maintain its idled Cobre Panamá copper mine under a recently approved care and maintenance plan. Roderick Gutiérrez,…
SolGold to quit Toronto exchange, eyes ASX
Ecuador-focused SolGold (LSE, TSX: SOLG) has applied to voluntarily delist its ordinary shares from the Toronto Stock Exchange on June 18 because the amount of trading doesn’t warrant the cost….