Implats mulls shutting Ontario palladium mine
South African miner Impala Platinum (JSE: IMP; US-OTC: IMPUY) may close its Canadian palladium mine earlier than planned after prices for the metal used in gasoline vehicles have plummeted more than…
Stock Markets/Investing
First Atlantic Nickel shares soar on discovery
First Atlantic Nickel (TSXV: FAN; OTCQB: FANCF) soared to its highest in over two years after a new high-grade discovery was made at the company’s district-scale project in central Newfoundland….
Sibanye dumps $490M lithium investment
South African precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has scrapped its planned investment in the Rhyolite Ridge lithium-boron project in Nevada due in part to weak prices for…
DRC export ban fails to rocket cobalt
The cobalt market was mixed this week after the Democratic Republic of Congo, the world’s top producer, banned exports for four months to spur the battery metal’s price from historical…
Allied Gold nets nearly $500M from UAE for Mali
Allied Gold (TSX: AAUC) (OTCQX: AAUCF) is creating a joint venture in Mali with a United Arab Emirates-based investment group that’s also covering the expansion of main mine Sadiola. Ambrosia…
Exploding fire extinguisher kills Fortuna miner
Canadian precious metals miner Fortuna Mining (TSX: FVI; NYSE: FSM) reported Tuesday the death of a contracted employee at its Séguéla gold mine in Côte d’Ivoire, following an incident involving…
Ivanhoe expands Makoko copper deposit in DRC
Africa-focused Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has pushed its Makoko copper deposit past 13 km in strike length and found fresh high-grade copper at Kitoko, it said Monday in…
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…
Ascot finds $65M to reboot Premier gold mine
Ascot Resources (TSX: AOT; USOTC: AOTVF) has lined up a financing of up to $65 million to get its delayed Premier gold project in British Columbia restarted in July. On…
American Rare Earths boosts oxides 10x
American Rare Earths (ASX: ARR) now has 10 times the total rare earth oxides (TREO) concentration at its Halleck Creek project in Wyoming. The TREO jumped to 3.72% from 0.34%…
Anglo, Codelco strike $5B copper deal
Anglo American (LSE: AAL) and Chile’s state-owned Codelco have signed an agreement to jointly develop their neighbouring Los Bronces and Andina operations, a move that will see the partners produce…
Wyloo, Hastings form Yangibana rare earths JV
Australian tycoon Andrew Forrest’s Wyloo has agreed to form an unincorporated joint venture with Hastings Technology Metals (ASX: HAS) for the Yangibana rare earths and niobium project in Western Australia….