E3 Lithium awarded $27M in federal innovation funding
Alberta-focused E3 Lithium (TSXV: ETL; OTC: EEMMF) has received a $27 million investment from the federal government’s Strategic Innovation Fund (SIF), the company said on Monday. The SIF, a…
Rio Tinto
Mountain Province finds new kimberlite around Gahcho Kue mine
Mountain Province Diamonds (TSX: MPV) has found a new kimberlite on the claims and leases surrounding its Gahcho Kué joint venture operation in the Northwest Territories, about 280 km northeast…
HeliosX to drill Nevada assets next year
Next year is looking to be a pivotal one for HeliosX Lithium & Technologies Corp. (TSXV: HX; US-OTCQB: HXLTF) as it plans to mobilize drills and equipment to its Nevada…
US Markets inch lower over Nov. 14-18 trading week
U.S. markets showed a modest decline over the Nov. 14-18 trading week as mixed data on inflation and retail sales were balanced by positive earnings in both the consumer cyclical…
Rio Tinto’s takeover of Turquoise Hill indefinitely on hold as Quebec regulator steps in
Canada’s Turquoise Hill Resources (TSX: TQR) is indefinitely postponing a shareholders vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) as…
Brazilian president-elect Lula vows greener mining
A new Brazilian government under president-elect Luiz Inácio Lula da Silva could mean more environmental responsibility, according to a group representing the mining cities of the country. Leftist former Brazilian…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE:…
Turquoise Hill’s fifth largest investor to reject Rio Tinto’s US$3.3B takeover bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Rio Tinto sells Roughrider project to Uranium Energy for $150M
Uranium Energy (NYSE: UEC) has agreed to purchase 100% of the Roughrider project for $150 million from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO). Rio will receive $80 million…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto share bid
Pentwater Capital Management LP, the second-largest investor in Turquoise Hill Resources (TSX: TQR) has increased its stake in the Canadian company while again rejecting Rio Tinto (NYSE: RIO; LSE: RIO; ASX:…
Rio Tinto and Turquoise Hill get serious, ink binding takeover deal
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has inked a definitive arrangement with Turquoise Hill Resources (TSX: TQR) to buy the 49% of the Canadian miner it doesn’t already…