Global coal demand hits fresh high: IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
News
London Symposium JV Video: FireFly sharpens plan at Newfoundland copper project
FireFly Metals (ASX, TSX: FFM) is pushing its Green Bay copper-gold project in Newfoundland toward studies and development, leaning on high grades, scale and ready infrastructure. The company plans a…
Sierra Madre buys second silver mine from First Majestic in $60M deal
Sierra Madre Gold & Silver (TSXV: SM; US-OTC: SMDRF) is buying another past-producing mine from First Majestic Silver (NYSE, TSX: AG) to bolster its Mexico-focused mine portfolio. The Vancouver-headquartered silver…
Savannah increases Barroso lithium stake
Savannah Resources (LSE: SAV) is closing in on full ownership of a high-grade lithium lease at its Barroso project in northern Portugal after a €3.25-million (US$3.8-million) acquisition. The company added…
Almonty starts Sangdong tungsten mine in S. Korea
Almonty bought the asset when the US stopped mining tungsten in 2015 and has been working to bring it back into production for a decade.
London Symposium JV Video: Forte Minerals draws major backers in Peru
Forte Minerals (CSE: CUAU; US-OTC: FOMNF) has drawn two strategic investors at 9.9% each and holds $14.7 million (US$12.6 million) in cash to advance a portfolio in Peru. Its Alto…
Brazil delays critical minerals areas auction
Brazil has postponed a long-awaited auction of mineral exploration areas rich in critical minerals after its mining regulator said it lacks the resources to move forward. The National Mining Agency…
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
Ontario, Ottawa sign deal to speed up major projects
Ontario and Canada’s federal government signed an agreement that aims to curb duplicate reviews and advance long-planned infrastructure and projects such as those in the province’s metals-rich Ring of Fire…
Integra CEO aims for mid-tier gold output in Idaho
A feasibility study for Integra Resources’ (TSXV: ITR; NYSE-A: ITRG) DeLamar gold-silver project in Idaho lifts potential profit, trims construction and shortens payback, CEO George Salamis says. At the base…
Canada Nickel posts country’s top metal ounces
Two new initial resources for Canada Nickel’s (TSX-V: CNC; US-OTC: CNIKF) sulphide deposits in northern Ontario now make its Timmins Nickel District the largest undeveloped nickel base in the country…
Artemis okays $1.4B Blackwater expansion
Artemis Gold (TSXV: ARTG) said Wednesday it will proceed with a $1.4-billion (US$1.1-billion) second-stage expansion at its Blackwater mine in central British Columbia, a move the company says would lift…