Century-old 1B-lb copper project sells for $26M to mystery buyer
World Copper (TSXV: WCU; US-OTC: WCUFF) is divesting its interest in the Zonia copper oxide project to an unnamed arm’s-length party for $26 million. The project’s new owner is a…
Stock Markets/Investing
Spotlight: Energy transition metals shine
Investments in clean energy and artificial intelligence infrastructure are driving demand for critical minerals — from silver for solar panels to copper for wiring to nickel and lithium for batteries….
Jubilee begins processing high-grade copper in Zambia
Jubilee Metals Group (LSE: JLP) said on Friday it has begun processing high-grade copper feed material at its Roan concentrator facility in Zambia. The plant had been processing low-grade waste…
Diamond market ‘still missing a spark:’ Zimnisky
After two difficult years marked by falling prices, where does global demand for diamonds go from here? Independent diamond analyst and consultant Paul Zimnisky weighs in. What’s the general outlook…
Power Nickel raises $40M for Quebec project
Power Nickel (TSX-V: PNPN) has stated the pricing of its private placement to raise about $40 million (US$28 million) for exploration at its Nisk nickel-copper-platinum group metals project in Quebec. The…
Rio Tinto OK’d on $6.7B Arcadium Lithium buy
Rio Tinto (ASX, LSE, NYSE: RIO) has secured all regulatory approvals to proceed with its $6.7-billion (C$9.49-billion) acquisition of Arcadium Lithium (ASX: LTM; NYSE: ALTM) set to close in early…
Global Atomic gains on Niger project reassurance
Global Atomic (TSX: GLO; US-OTC: GLATF) shares jumped on Wednesday after the company reiterated that its main uranium project, Dasa in Niger, is advancing on schedule and has strong government…
Robex secures Mali OK for Nampala mine deal
Canada’s Robex Resources (TSX-V: RBX) has become the latest mining company to finalize a new agreement with Mali, securing continued operations at its Nampala gold mine. The deal incorporates an…
Barrick considers Mali care and maintenance
Barrick Gold (NYSE:GOLD; TSX:ABX) is considering care and maintenance for its suspended Loulo-Gounkoto mine in Mali where the junta seized its gold stockpiles and still holds four employees, according to…
Ivanhoe Electric raises $60M for Arizona copper project
Ivanhoe Electric (NYSE-A: IE; TSX: IE) plans to raise $60 million (C$85.8 million) for its Santa Cruz copper project in Arizona. The company said this week it’s selling 10.25 million…
Taseko projects $42B impact from Gibraltar mine
Canada’s Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has unveiled the results of an economic impact study on its Gibraltar copper mine in British Columbia, which reveals the operation…
Southern Copper eyes 2027 start for $1.8B Tía María
Southern Copper (NYSE, LSE: SCCO) is pushing forward with its long-delayed Tía María copper mine in Peru, aiming to start production in 2027. The company, a subsidiary of mining giant…