Gold falls after sweeping Trump win boosts dollar
Gold prices fell 2% overnight after Donald Trump won the United States presidency in an election victory that swept across the nation with more support than his 2016 win. Bullion…
cobalt
Fortescue founder plugs ‘real zero’ ambitions; calls Trump an ‘economic pragmatist’
Fortescue Metals Group (ASX: FMG) founder and executive chairman Andrew Forrest says that both the mining industry and the broader world are gradually embracing the concept of “real zero” over…
US Strategic Metals gets US$100M government loan for Missouri cobalt project
US Strategic Metals said Tuesday that its US$100.8 million loan application has been granted expedited approval by the United States Citizenship and Immigration Services in recognition of the potential job…
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The world is currently on course for global warming levels between 2.5˚C and 3˚C by the end of the century, far exceeding the 1.5˚C target outlined in the Paris Agreement…
Space rock miner lands first US permit
AstroForge, a Los Angeles-based startup with plans to mine asteroids, received on Monday the United States Federal Communications Commission’s first-ever commercial license to operate in deep space. The move sets…
Electra Battery lands US$5M for cobalt refinery early works
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) has secured a US$5-million financing from its existing lenders that would allow it to start certain early works and winter preparations at its…
How resource ‘classification debt’ chips away at miners’ growth and investor trust
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
Infographic: Adding up government spending on Quebec’s critical minerals
Quebec is unique in Canada for its strong institutional support for mining and exploration activities. It was the first jurisdiction in Canada to release a critical minerals strategy, in 2020,…
Sibanye liable to pay Appian damages for scrapped mine deals
Private equity firm Appian Capital Advisory has scored a big win after the U.K. top court ruled that Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) had to pay the London-based investment firm…
Zambia to keep majority interest in mining permits
Zambia’s government plans to keep a majority stake in certain mining licenses it has found “promising” through an ongoing mapping exercise, but noted that private investors can develop these assets…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Power Nickel hits ‘biggest intersection yet’ at Quebec project
Explorer Power Nickel (TSXV: PNPN) said on Thursday it had hit the main mineralized structure within the Lion zone of its flagship NISK polymetallic project in Quebec, following a retargeting…