Appian sells royalty, streaming assets to Versamet
Mining advisory firm Appian Capital sold two royalty and streaming assets to Canada’s Versamet Royalties (TSXV: VMET) for up to US$170 million in cash, of which $125 million is paid…
cobalt
DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Congo strategy nearly doubles cobalt price
The price of cobalt sulphate entering the electric vehicle battery supply chain in China has soared more than 90% since the start of the year after top producer the Democratic…
US adds copper, potash, silicon to critical minerals list
The U.S. government has added copper, potash and silicon to its draft list of critical minerals in the most significant overhaul since it was first published in 2018. The update, mandated…
Electra seeks cash for stalled cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it is restructuring its finances to complete what may be North America’s first cobalt sulphate refinery. The battery metals developer said Thursday it…
Metallium eyes $60B metals recycling market
Metallium (ASX: MTM; US-OTC: MTMCF) is advancing one of the first large-scale metals recovery plants in the United States to commissioning in December as it considers rolling out its modular…
Lifezone secures $60M bridge loan for nickel project
Lifezone Metals (NYSE: LZM) said Monday it has secured a $60 million bridge loan from Taurus Mining Finance Fund to fund early works and infrastructure development at its flagship Kabanga…
Glencore says DRC cobalt stockpile has ‘no impact’
Glencore (LSE: GLEN), the world’s second-largest cobalt producer, says its growing stockpile of unsold cobalt won’t materially affect the company as it contends with export restrictions in the Democratic Republic…
US courts Cook Islands for deep-sea mining
The United States has begun talks with the Cook Islands for research on seabed mineral exploration and development, just months after the South Pacific nation inked cooperation pacts with China that…
The Metals Co. posts first deep-sea resource
The Metals Company (Nasdaq: TMC) has released a prefeasibility study and a resource — the first of its kind — for its seabed mining plans that show a potential return…
Trump’s deep-sea mining push stirs alarm
Trump’s push to accelerate deep-sea mining aims to lessen US reliance on China for minerals, but raises fears of ecological harm and instability.
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…