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…
Stock Markets/Investing
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…
Premier American to buy Nuclear Fuels in $31M deal
Premier American Uranium (TSXV: PUR, US-OTC: PAUIF) agreed to buy Nuclear Fuels (CSE: NF; US-OTC: NFUNF) to create one of the largest U.S. uranium explorers. Nuclear Fuels stock soared. Nuclear…
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…
Aya Gold jumps on new Boumadine drill results
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) reported high-grade assays from its Boumadine polymetallic project in Morocco while extending mineralization. The stock surged. Highlight hole BOU-DD25-509 in the Imariren…
Marimaca Copper surges on $24M financing
Marimaca Copper (TSX: MARI; ASX: MC2) has surged by double digits after announcing on Wednesday a $24.4-million (US$17.7-million) private placement to fund its feasibility-stage namesake project in Chile. The offering…
South32 tops up American Eagle holding
South32 (ASX: S32), the Australian miner with a A$13.6-billion (US$8.7-billion) market cap, is buying more shares to maintain its stake in American Eagle Gold (TSXV: AE; US-OTC: AMEGF) that’s advancing…
Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….
Abu Dhabi’s IRH spends $500M to control Alphamin tin
Abu Dhabi’s International Resources Holding (IRH) is acquiring a majority stake in Alphamin Resources (TSXV: AFM) to access the Bisie tin mine, one of the world’s largest and highest-grade deposits…
Defense Metals eyes $250M loan for BC rare earths
Defense Metals (TSXV: DEFN) said Export Development Canada could lend up to $250 million (C$342 million) to help the company develop and build its main Wicheeda rare earth project in British Columbia. The…
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…