Lithium firms’ shares rise after Rio Tinto buyout chatter
Shares in a handful of lithium players gained Friday after speculation in the daily publication The Australian that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) might bid to buy…
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Apache Tribe takes fight against Resolution Copper to US Supreme Court
The San Carlos Apache Tribe is taking its longstanding fight against Resolution Copper to the U.S. Supreme Court after the Arizona state court in June ruled in favour of the…
Global Atomic shares rise on progress update for Dasa uranium mine in Niger
Global Atomic (TSX: GLO; US-OTC: GLATF) shares gained 10.5% Friday after the company said 10,000 tonnes of development ore has been brought to the surface at its Dasa mine in…
Coeur Mining to buy Silvercrest in US$1.7B deal
Coeur Mining (NYSE: CDE) has reached an agreement to acquire Canadian precious metals producer Silvercrest Metals (TSX: SIL; NYSE: SILV) in an all-share deal valued at US$1.7 billion. The addition…
Video: Evolution’s Red Lake turnaround confirms it as cornerstone asset, CEO says
Australia-based Evolution Mining’s (ASX: EVN) Red Lake mine in Ontario, acquired in 2020, has shown signs of recovery after a difficult period, managing director and CEO Lawrie Conway said in…
Big tech’s nuclear option
Silicon Valley CEOs can get obsessed with some pretty weird things — colonizing Mars, ultra-ascetic diets, wearing the same outfit every single day, or living forever. But there’s nothing head-scratching…
Rio Tinto starts underground production at A21 pipe at Diavik diamond mine
Rio Tinto (ASX: RIO) says it’s begun commercial production from a new underground development at its Diavik diamond mine, in the Northwest Territories, after completing the first phase of development…
Gold majors vow not to repeat decadent spending of a decade ago
As gold prices hit record highs, industry executives are hoping they can convince investors – who haven’t yet piled into gold mining stocks – that they’ll put their cash to…
Central banks reined in gold purchases in August as prices climbed — WGC
Central banks are still buying gold, but they’ve pared back their purchases since highs reached last year — possibly because of the recent surge in gold prices, the World Gold…
Costco adds platinum bars to precious metals offering
Costco is expanding its line of precious metals products with the addition of one-ounce platinum bars on top of its popular gold bars. The platinum bars — made by Swiss…
Baselode Energy logs high-grade uranium hits at Ackio in Saskatchewan
Baselode Energy (TSXV: FIND; US-OTC: BSENF) shares rose 8.3% in morning trading after the company released high-grade uranium results from two new drill holes at its Ackio prospect in northern…
Mining sector needs US$2.1 trillion by 2050 to meet net-zero needs – report
The amount is needed to meet net-zero demand for raw materials.