TNM Drill Down: Amex Exploration reports the week’s top gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (Nov. 10-17). Drill holes are ranked by gold grade x width, as identified by data…
News
Ucore gets $4.3M federal grant for REE demo plant in Ontario
Ucore Rare Metals (TSXV: UCU; US-OTC: UURAF) has received a $4.3-million grant from the federal government to demonstrate its Rapid SX rare earth element (REE) separation technology capabilities. The plant…
First Quantum to halt Panama mine this week if blockade goes on
First Quantum Minerals (TSX: FM) warned on Monday it would have to suspend operations at its controversial Cobre Panama copper mine, if an ongoing port blockade continues to impede the…
Leonardo DiCaprio backs Panama protests against First Quantum mine
Hollywood actor Leonardo DiCaprio has joined the demands of Panamanian activists asking for the shutdown of First Quantum Mineral’s Cobre Panamá copper mine.
YMP Scholarship Fund to announce 2023 winners this month
The 2023 Young Mining Professionals Scholarship Fund (YMPSF) has awarded a total of $210,000 to students pursuing mining-related programs at post-secondary institutions across Canada. While the scholarships are invaluable…
Lucapa Diamond puts Merlin feasibility study on back burner
Australia’s Lucapa Diamond (ASX: LOM) has put a feasibility study for its Merlin project in Australia’s Northern Territory on hold due to what it called “unfavourable capital market and diamond price…
National security-driven policy decisions to recast critical minerals space in 2024
While governments around the world are beginning to understand the strategic importance of critical minerals, miners may struggle in 2024 to position themselves to benefit as states battle for control…
Fraser Institute ranks global mining with 9% of survey
An annual report that may affect billions of dollars in investment decisions has a weak process to rank countries, provinces and states for mining projects, researchers say. The Vancouver-based Fraser…
Vale’s Indonesia equity sale paves the way for billions in investment
A Canadian unit of Vale Base Metals, Vale’s (NYSE: VALE) copper and nickel spinoff, has agreed to sell a 14% stake in Vale Indonesia (PT Vale) to align with Indonesian…
China’s control over key rare earths leaves US vulnerable: Report
The U.S. remains highly reliant on Chinese production of critical minerals, both directly through sourcing from China and indirectly due to the predominance of Chinese materials in global supply chains,…
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…
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,…