Energy Fuels produces US’ first heavy rare earth oxides
Energy Fuels (NYSE: UUUU; TSX: EFR) says it has successfully produced the first kilogram of heavy rare earth oxides at pilot scale from its White Mesa mill in Utah. Shares…
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Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
Magna cuts 2.3% nickel near Sudbury
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is reporting more strong assays from drilling at its historic Levack nickel-copper mine near Sudbury, Ont., reinforcing the high-grade potential of the footwall deposit…
GoldMining finds antimony kicker at Crucero in Peru
GoldMining (TSX: GOLD; NYSE American: GLDG) plans to leverage the antimony price’s strong rally into a new resource estimate after reviewing legacy drill results showing its Crucero project in Peru…
Copper developer lands LA fund manager’s $140M
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a Vancouver-based junior advancing the Nussir copper project in Norway, has secured at least $140 million (C$194 million) in financing from Hartree Partners…
Mars boffins probe mysterious new mineral
Scientists have spotted on Mars what could be a previously unknown mineral linked to the kind of sulphaty gunk that clogs tailings ponds on Earth. The unusual ferric hydroxysulphate, identified…
Viridis doubles REE tonnage in Brazil
Viridis Mining and Minerals (ASX: VMM) has unveiled an initial reserve estimate of more than 200 million tonnes at its Colossus ionic adsorbed clay project in Brazil, underpinning a potential high-grade rare…
Emerita’s El Cura gold-copper hits lift resource potential
Drilling by Emerita Resources (TSX-V: EMO; US-OTC: EMOTF) at its El Cura deposit in southwest Spain shows its potential to add significant tonnage with high-grade gold and copper to the…
Abcourt preps Sleeping Giant’s first gold since 2014
The aptly-named Sleeping Giant mill in Quebec is turning again for the first time since 2014, says Abcourt Mines (TSXV: ABI; US-OTC:ABMBF). The company said Wednesday it has invested about…
Canada gets first bullet-proof steel plant
Canada is building its first plant to produce bullet-proof steel after a federal trade mission to Sweden inked a $100-million (US$72.2 million) deal. Ontario-based armoured vehicle maker Roshel and Swedish…
First Quantum restructures debt
First Quantum Minerals (TSX: FM) says it’s restructuring its debt to take advantage of favourable bond markets. On Tuesday, the copper producer issued an update to its 6.875% 2027 senior…
Peabody nixes $3.8B Anglo coal deal
Anglo American’s (LSE: AAL) efforts to streamline its business have hit a major roadblock after Peabody Energy (NYSE: BTU) scrapped a $3.8-billion (C$5.27-billion) deal to acquire its Australian metallurgical coal…