Asante Gold shuns takeover bid from UAE investor firm
Asante Gold (CSE: ASE) has turned down a takeover proposal by Fujairah Holding LLC, a global investment company based in UAE that owns a 11.43% stake in the West Africa-focused…
2023
Far North Snapshot: Eight companies exploring for gold, critical minerals and more
The Far North contains a wealth of minerals, and although remote, many Far North regions have a rich history of mining. Here’s a glimpse of eight companies advancing some of…
Storm Mountain Diamonds finds giant pink rock in Lesotho
Storm Mountain Diamonds (SMD), jointly owned by Namakwa Diamonds and the government of Lesotho, has recovered a 108.39-carat fancy pink diamond at its Kao mine in the Southern African country. …
The View from England: Famous gems being both flaunted and hidden
By now you should have received your invitation to the coronation of Charles III and his wife, Camilla, as king and queen of the United Kingdom and other Commonwealth realms….
Piedmont’s Tennessee lithium hydroxide plant to double U.S. output
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) says its proposed US$600-million lithium hydroxide plant in Tennessee would pay for itself in less than three years. The project has an after-tax net…
ASX-listed Essential Metals rejects Tianqi Lithium-IGO takeover bid
Essential Metals (ASX: ESS) shareholders have rejected a A$136 million (US$92 million) joint takeover bid led by China’s Tianqi Lithium and Australia’s IGO Ltd. (ASX: IGO). The outcome was, in…
Sumitomo Metals backs Teck’s split plan
Japan’s Sumitomo Metal Mining confirmed on Thursday its support for Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) planned spinoff into two companies in the face of an alternative proposal from Glencore…
Global silver demand posts record high of 1.2B oz in 2022
All major silver demand categories achieved record highs in 2022, pushing total demand to a new high of 1.2 billion oz. last year, according to the Silver Institute. In its…
Lithium exploration in Canada – in charts
With last year’s record lithium prices spurring a boom in exploration for the energy metal that has persisted even as prices have retreated, The Northern Miner was curious where in…
Probe’s assays hike resource outlook at Novador gold project in Quebec
Probe Gold (TSXV: PRB) has reported scores of assays from its Pascalis deposit signalling a potential resource increase this year at the Novador gold project near Val d’Or, Que. More…
Vital Metals’ plans for rare earth production stall
Vital Metals (ASX: VML; US-OTC: VTMXF), the only rare earths producer in Canada, is pressing pause on construction of its half-finished Saskatoon processing facility after determining that its plans to…
Chile drought hits Antofagasta’s copper output in Q1
Chilean miner Antofagasta (LSE: ANTO) said on Wednesday its copper output fell in the March quarter from the previous three months due to water shortages in the home country, which has…