Exxaro diversifies with $640M in manganese mines
South African coal miner Exxaro Resources (JSE: EXX) has struck a 11.7-billion rand (US$640 million) deal to acquire controlling stakes in two key manganese mines, marking a major step in…
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Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
London’s biggest mining IPO since 2018 concerns cobalt
Metal investment company Cobalt Holdings is targeting June for an initial public offering (IPO) in what would potentially be the mining industry’s largest stock debut in London since before the…
The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess…
Talon shares surge on ‘historic’ sulphide discovery
Rio Tinto (ASX: RIO)-backed Talon Metals (TSX: TLO) announced on Monday it has made a “historic” discovery at the Tamarack nickel-copper project in central Minnesota. Shares of the company hit…
Early-stage Orca to squeeze ore from seaweed
Marine cultivator Blue Evolution launched Orca Minerals last week in a bid to harvest scandium, palladium and rare earths from seaweed farms. Orca, located in San Jose, Calif., is partnering…
Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou, told…
Nova Scotians show support for critical minerals mining
As Canada faces rising economic pressures with the trade threats from the Trump administration, a new poll shows broad support among Nova Scotians for expanding the province’s mining and quarrying…
Sibanye’s Finland lithium project cost rises 17%
South African miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has raised the projected cost of its Keliber lithium project in Finland by 17% to €783 million (US$880 million), citing regulatory changes,…
South32’s fast-tracked Hermosa goes before public
South32’s (ASX: S32) proposed zinc-manganese Hermosa mine in Arizona reached a permitting milestone on Friday following the release of its draft environmental impact statement by the U.S. Forest Service. Hermosa…
Opinion: What about processing in this nuclear boom?
A few months ago, I joined a group of farmers discussing Saskatchewan’s modular nuclear reactor proposal. I supported the idea but raised a simple question: Where will Saskatchewan source the…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…