Chile copper, lithium mines rattled by 7.4 quake
A 7.4-magnitude earthquake hit northern Chile on Thursday night, 45 km outside San Pedro de Atacama, where the majority of the country’s vast copper and lithium mines are located. The…
Stock Markets/Investing
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Resouro touts first rare earths resource at global-scale Tiros project in Brazil
Resouro Strategic Metals (TSX-V: RSM; ASX: RAU), one of the newest companies to tap into the Brazilian rare earths market, has published a maiden resource of close to 2 billion…
Will Guinea’s Simandou iron ore mine be the ‘Pilbara killer’?
Simandou, one of the world’s most significant iron ore developments, may soon challenge Australia’s Pilbara region as the world’s dominant producer of the steelmaking metal. Initially discovered in 1997,…
Ramp surges on Sprott backing for Sask. project
Ramp Metals (TSXV: RAMP) shares gained more than a quarter of their value on Wednesday after gold bug Eric Sprott invested in the Saskatchewan explorer. Sprott is the lead investor in…
Heliostar gains on Mexican mines buy
Heliostar Metals (TSXV: HSTR; US-OTC: HSTXF) is again buying assets from the former Argonaut Gold to expand in Mexico. Its shares rose. Vancouver-based Heliostar is negotiating with lenders for a…
Montage Gold raises $180M from Zijin, Lundin for Koné project in West Africa
China’s Zijin Mining Group and the Lundin family are part of a $180 million capital raising to increase their stakes in Montage Gold (TSXV: MAU; US-OTC: MAUTF) and advance its…
Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Would Canada allow Rio Tinto to buy Teck? Miners aren’t so sure
The federal government’s attempt to clarify its rules for foreign investment in mining is instead causing more confusion as the industry grapples with changing rules under the Investment Canada Act. …
Friedland warns of copper ‘crisis’ as mine costs soar
Boca Raton, Fla. – Miners and analysts gathered this week in a sweaty beach city in southeast Florida to ponder why the industry gets the cold shoulder from most investors. Copper…
Ramp Metals plunges after new gold assays in Saskatchewan
Ramp Metals (TSXV: RAMP) shares fell 25% on Monday after it reported assay results from its Rottenstone SW project in Saskatchewan that were a fraction of the mineralization in a…
How critical minerals tie into the AI boom
Most investors don’t make a connection between tech and mining. But mining supplies the raw materials for the semiconductor industry, which is in the midst of a huge growth spurt. …