Lower silver output in Peru, Mexico to drag down global production
Global mined silver production will fall 2% in 2023 to 820 million ounces from 2022 totals due to lower output from operations in top producing countries Mexico and Peru, The…
2023
Lithium explorer Li-FT Power closes $12.4M public offering
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF) has closed its recently announced overnight marketed public offering of flow-through shares priced at $8.65 each. About 1.44 million shares were sold. The proceeds,…
Site visit: O3 Mining preps to be new node in Val-d’Or ‘circular economy’
Val-d’Or, Que. – Look towards the horizon from the viewing tower at Parc Belvédère in Val-d’Or, Que., and it’s just visible where a new kid on the block wants to…
China’s controls on graphite exports ‘a loud wakeup call’ for the US, says Graphex CEO
China announced last month it will require export permits for some graphite products in another bid to control critical mineral supply in response to challenges over its global manufacturing dominance. Graphex Technologies – among…
Osisko Development, O3 Mining create lithium spinoff
Canadian gold developers Osisko Development (TSXV: ODV; NYSE: ODV) and O3 Mining (TSXV: OIII, US-OTC: OIIIF) have linked up to create a premier lithium exploration company focused on the James…
Panoramic Resources mulls sale of flagship nickel asset
Panoramic Resources (ASX: PAN) has launched a strategic review of its flagship Savannah nickel project, in the Kimberley region of Western Australia, amid weak battery metal prices. The company said it…
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN) Platreef project in South Africa…
Torex Gold gets final environmental OK for Media Luna project
Torex Gold Resources (TSX: TXG) has passed the final environmental hurdle to take its Media Luna gold project towards commercial production, expected sometime late in 2024. Construction at the project,…
Follow the money trail to critical metals
One investing strategy in mining is to watch the insiders. By insiders, I mean the big players in the industry. That is, the directors of multi-billion-dollar companies, mining magnates and…
IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday its former aluminum boss for…
Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy
Struggling Canadian gold miner Monarch Mining (TSX: GBAR; US-OTC: GBARF) has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PricewaterhouseCoopers appointed as the monitor to…
Sigma Lithium shares jump as it posts first quarterly profit
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) reported on Wednesday its first profitable quarter since starting production at its Grota do Cirilo mine in Minas Gerais, Brazil, in April this year….