Aya values Boumadine in Morocco at $3B with spot gold
Canada’s Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said a preliminary economic assessment (PEA) for its Boumadine polymetallic project in Morocco shows the company would need barely a year…
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Bottlenecks slow US copper supply ambitions
The United States’ effort to build a secure domestic supply of copper is running headlong into environmental review and legal disputes – illustrating the tension between energy transition goals and…
US backs RE magnets with $1.3B for Vulcan, ReElement
Rare earth magnet producer Vulcan Elements has struck a partnership with the U.S. government and ReElement Technologies to expand United States rare earth magnet production. Vulcan is to receive a…
Critical Metals gets enviro OK for Tanbreez rare earths project in Greenland
U.S.-based rare earth developer Critical Metals (Nasdaq: CRML) has moved another step closer to the start of mining at its Tanbreez project in southern Greenland after securing key environmental approvals…
Codelco grows copper output despite mine collapse
Chile’s state-owned copper giant Codelco, the world’s largest producer of the metal, expects 2025 and 2026 production to slightly surpass last year’s output, signalling resilience in the face of a…
Energy Fuels may beat 2025 uranium forecast
Energy Fuels (NYSE-A: UUUU; TSX: EFR) is poised to exceed this year’s guidance for uranium mine production and meet its estimate for processed uranium products, the company said while releasing…
Kore Potash weighs sale to advance Congo mine
Kore began a formal sale process after announcing in June it was seeking a potash-savvy operator and partner.
Coeur Mining buys New Gold for $7B
Coeur Mining (NYSE: CDE) is acquiring Canada’s New Gold (TSX: NGD) in an all-stock deal valued at about $7 billion, creating a new North American mining heavyweight amid record gold…
Freeport expands BC’s AuRORA with near-surface grades
Freeport-McMoRan (NYSE: FCX) has extended the AuRORA copper-gold-silver discovery made by partner Amarc Resources (TSXV: AHR; OTCQB: AXREF) in British Columbia. A batch of long, near-surface intercepts released on Monday…
Glencore, Quebec refute smelter shutdown report
Glencore (LSE: GLEN) and Quebec have denied a Reuters report that the company was planning to shut down its Horne smelter in the province — Canada’s largest copper-metal producing plant…
Teck’s QB upturn bodes well for $53B Anglo merger
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) said on Monday its Quebrada Blanca (QB) mine in Chile is showing signs of recovery, following months of underperformance that raised questions about…
US weighs $190M for Locksley’s antimony
Australia’s Locksley Resources (ASX: LKY) has received a letter of interest (LOI) from the U.S. Export-Import Bank (EXIM) for a potential financing of $191 million in support of its antimony…