Energy Fuels buys ASM in $300M rare earths deal
Energy Fuels (NYSE: UUUU; TSX: EFR) is to acquire rare earth metals producer Australian Strategic Materials (ASX: ASM) in a share deal valued at US$299 million. Energy Fuels shares rose. …
Metals and Minerals Markets
Indonesia quota cut keeps nickel above $17,500
Nickel prices held above $17,500 (C$24,270) a tonne on Monday after Indonesia said last week it would cut next year’s nickel ore mining quota by about a third in a…
Water pollution risk from Mt Milligan: First Nation
The Nak’azdli Whut’en First Nation is accusing the British Columbia government of weak oversight at Centerra Gold’s (TSX: CG; NYSE: CGAU) Mount Milligan mine by changing approvals after the operation…
Kinross greenlights three U.S. builds for 3M oz
Kinross Gold (TSX: K; NYSE: KGC) has approved three U.S. growth projects designed to add about 3 million oz. between 2028 and 2038. The additions will keep total output around…
DRC revives $29B iron plan once tied to Gertler
The Democratic Republic of Congo (DRC) wants to develop a $29-billion (C$40.1 billion) iron ore export plan in the country’s north linked at one time to U.S.-sanctioned Israeli billionaire Dan…
Taylor Swift’s vintage ring shines new light on diamond industry
Some in the battered diamond industry believe an unlikely figure, pop star Taylor Swift, may have done more to revive interest in natural diamonds than years of marketing campaigns. Diamond…
Canada Nickel’s Reid deposit may outshine Crawford
Canada Nickel’s (TSXV: CNC; US-OTC: CNIKF) new 46% larger Reid nickel sulphide resource makes it a likely successor to the company’s $1.4-billion (C$1.9-billion) Crawford project in the same Ontario region….
JV article: Clean Air Metals a ‘Made in Canada’ solution
Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) is advancing one of the rare primary platinum resources outside of South Africa at its Thunder Bay project in northern Ontario. The platinum-palladium-copper-nickel…
JV video: Frontier Lithium advances Ontario mine, plant
Frontier Lithium (TSXV: FL; US-OTC: LITOF) is advancing its integrated PAK mine-and-refinery plan in northern Ontario, with CEO Trevor Walker targeting a final investment decision in late 2027 or early…
Nickel spikes on Indonesia quota risk
Nickel extended its rally on Wednesday after reports of deep mining-quota cuts this year in Indonesia tightened supply expectations. The London Metals Exchange (LME) three-month contract traded around $18,460 (about…
Lithium Argentina hits forecast, seeks Milei financing
Lithium Argentina (TSX, NYSE: LAR), the country’s largest producer of the battery metal, achieved its Cauchari-Olaroz brine output target as it advanced second-stage permitting and squeezed costs. The Switzerland-based company…
London Symposium video: McEwen touts Milei boost for Los Azules copper
Argentina’s pro-business shift under President Javier Milei makes it easier to move McEwen’s (NYSE, TSX: MUX) $3.1-billion (C$4.3 billion) Los Azules copper project towards construction, founder Rob McEwen says, provided…