Gemfields faces 21% tax as Zambia restores export duty
Shares in Gemfields (LSE:GEM; JSE: GML) fell on Wednesday after the coloured gemstones miner said it faces a high tax bill in Zambia following the government’s decision to re-introduce a…
Stock Markets/Investing
Lithium Americas raises Thacker Pass reserve
Lithium Americas (TSX, NYSE: LAC) said Tuesday it increased a reserve estimate for the Thacker Pass lithium project in Nevada, the continent’s largest measured and indicated lithium resource, and appointed…
Northern Graphite to restart mill, hike prices
Northern Graphite (TSXV: NGC; US-OTC: NGPHF), the continent’s only flake graphite producer, plans to restart its Lac des Iles mill in Quebec next Monday and raise prices for the battery metal….
Hudbay seeks $210M Peru copper mine expansion OK
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) is seeking a permit to expand its Constancia copper mine in Peru’s Cusco region, including upgrades at the Pampacancha satellite pit. The US$210…
US Copper hikes California project value to US$1B
US Copper (TSXV: USCU; US-OTC: USCUF) has highlighted the economic potential of its Moonlight-Superior project in California with a new independent technical report calculating its after-tax net present value at…
Barrick gives Mali a week to lift restrictions before shutting Loulo-Gounkoto mine
Barrick Gold (TSX: ABX; NYSE: GOLD) has set a deadline this week for Mali to remove new export limits and resolve a dispute over its Loulo-Gounkoto mining complex or it…
US Forestry Service OKs Perpetua’s Stibnite gold mine in Idaho, lifting shares
Perpetua Resources’ (TSX: PPTA; NASDAQ: PPTA) shares jumped 19% Monday to a 12-month intra-day high after receiving a federal forestry service permit for the Stibnite gold project in Idaho. After…
XXIX hits 5.3% copper over 11 metres at Opemiska in Quebec
Drilling by XXIX Metal Corp. (TSXV: XXIX, OTCQB: QCCUF) at the Opemiska Copper Complex in Quebec has found strong copper mineralization in an area between two former mines. Company shares…
Vizsla Silver shares surge on 43% resource boost
Vizsla Silver (NYSE: VZLA; TSX: VZLA) saw double-digit share price gains on Monday after reporting a 43% increase in the mineral resource for its main Panuco project in Mexico. The…
Nippon Steel to sue Washington after Biden blocks US$14.1B US Steel deal – Nikkei
Nippon Steel says it will sue the United States government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel, Japan’s Nikkei business daily reported….
Sandfire America wins water rights ruling in Montana
Sandfire Resources America (TSXV: SFR) has received another positive court ruling in Montana regarding its leasing of mitigation water rights for the Black Butte copper project, which has been challenged…
Mako to acquire Moss gold mine in Arizona
Mako Mining (TSXV: MKO; US-OTC: MAKOF) said this week it intends to acquire the Moss gold mine in Arizona from EG Acquisition, a company established by Mako’s main shareholder, Connecticut-based Wexford Capital. …