Biden administration blocks Ambler road in Alaska
The road would provide access to untouched deposits of copper, zinc, lead, silver, and gold in northwestern Alaska.
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Amaroq gets enviro and social approvals for Greenland gold mine
Amaroq Minerals (TSXV: AMRQ; LSE: AMRQ) said Greenland’s government has approved its environmental impact assessment (EIA) and social impact assessment (SIA) for the Nalunaq gold project, clearing two key hurdles…
Ramelius takes stake in Spartan, rules out takeover
Australian gold miner Ramelius Resources (ASX: RMS) has acquired an 8.9% stake in rival Spartan Resources (ASX: SPR), which is developing the Dalgaranga gold project in Western Australia. The miners said…
Dead Solaris deal has cash-strapped Canadian miners considering the door
Some of Canada’s leading mining law firms say their clients are considering leaving the country because the federal government’s clampdown on Chinese investment has closed off an important funding lifeline. …
Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…
NextSource looks to tap Saudi perks for US$280M graphite anode plant
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) says it will cost US$280 million to build a new graphite anode plant in Saudi Arabia for electric vehicles as the company expands globally. The…
Petra cuts latest sign of a down diamonds market
Petra Diamonds (LSE: PDL) has revised its guidance for the next two fiscal years and appointed a new finance leader as part of its plans to lower expenses and debt…
Mexico to seek deal over disputed mining concession with Ganfeng
Less than a week after Ganfeng Lithium filed an arbitration case against Mexico over a cancelled lithium mining concession, outgoing President Andrés Manuel López Obrador said his government would seek…
AngloGold boosts investment in Brazil as it mulls Corrego’s fate
South African gold miner AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) plans to spend 1.1 billion reais (US$198 million) in Brazil this year, mainly on exploration. The company, which invested…
Victoria Gold must rapidly secure landslide site: expert
Victoria Gold (TSXV: GCX) must quickly stabilize its Eagle gold mine site to prevent another landslide and a spill to neighbouring property, a landslide expert says. The company suspended operations and…
Norway to award Arctic seabed mining blocks in 2025
The government announced the first licensing round for seabed minerals on the Norwegian continental shelf for public consultation.
De Beers sales drop to US$315M amid search for new owner
De Beers’ sales of rough diamonds fell for the second time this year, with the Anglo American (LSE: AAL) unit recording a provisional US$315 million, down from US$383 million in…