Fortune lands more funding for Alberta refinery
Fortune Minerals (TSX: FT; US-OTC: FTMDF) says it plans to accept a small loan from the Northwest Territories to buy a refinery site for the world’s largest bismuth deposit. The…
Copper
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Sibanye pays Appian $215M to settle dispute
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has agreed to pay $215 million to settle its dispute with Appian Capital Advisory over its cancelled purchase of two of the firm’s Brazilian assets….
US confirms copper, silver as critical minerals
The United States has added copper, silver and uranium to an expanded list of critical minerals that it deems are vital to America’s economy and national security. The new list,…
Vedanta starts CopperTech Metals in US
Vedanta Resources is spinning out U.S.-domiciled CopperTech Metals to boost the parent company’s $3-billion investment in Konkola Copper Mines in Zambia. CopperTech plans to invest $1.5 billion more in Konkola,…
Blast from the Past: US proposes huge mining program
In early 1942, with America newly at war and global supply lines shattered, the U.S. Bureau of Mines unveiled an ambitious plan to secure the raw materials needed to arm…
US Spotlight: A Wild West rush for minerals – Part 2
Historic mining regions, including the American West and Alaska, are seeing another gold rush amid the Trump administration’s executive orders to “Make America Great Again” by scaling up domestic critical…
Solaris values Ecuador copper mine at $4.6B
Swiss mine developer Solaris Resources (TSX: SLS; NYSE: SLSR) says a prefeasibility study shows its Warintza copper-gold project in southeastern Ecuador would generate an after-tax net present value of $4.6 billion (C$6.4…
Deep Sea Rare Minerals seeks US seabed licences
Deep Sea Rare Minerals (DSRM), the parent company of autonomous underwater vehicle operator Deep Sea Vision, has applied for subsea mineral exploration licences with the U.S. National Oceanic and Atmospheric…
US plan to boost Africa mining ties needs work: analyst
Recent United States initiatives aimed at developing closer ties with resource-rich African countries to break China’s stranglehold on critical minerals processing are still a long way from paying off, according…
US Spotlight: A Wild West rush for minerals
Historic mining regions, including the American West and Alaska, are seeing another gold rush amid the Trump administration’s executive orders to “Make America Great Again” by scaling up domestic critical…
Lundin Mining lifts copper outlook, cuts costs
Canada’s Lundin Mining (TSX: LUN) has raised its forecast for full-year copper output and cut its costs outlook after stronger-than-expected performance at its Caserones mine in Chile. Lundin, which generated…