First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
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At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Canadian Mining Hall of Fame celebrates industry-making feats of five new inductees
The Canadian Mining Hall of Fame (CMHF) held its 36th annual induction ceremony on Thursday at the Metro Toronto Convention Centre, welcoming five new honourees, and bringing total membership up…
Winsome looks to quickly scale up Adina lithium project in Quebec
Just months after unveiling an initial resource for its Adina lithium project in Quebec, Perth-based Winsome Resources (ASX: WR1) is gearing up to grow the deposit, which is located in…
Uranium jumps to over US$100 per lb as top miner flags shortfall
Uranium prices jumped on Friday to a 16-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LSE: KAP), warned it’s likely to fall short of its output targets over the…
Samsung SDI buys Canada Nickel stake, right to acquire 10% of Crawford
South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF), which is developing the Crawford nickel sulphide project in…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Serra Verde enters commercial production in Brazil
Rare earths developer Serra Verde announced on Thursday it has started commercial production of mixed rare earth concentrate (MREC) from the first phase of its Pela Ema deposit in east-central…
Exclusive: Ivanhoe’s Congo copper is what everyone’s after, Cloete says
Ivanhoe Mines (TSX: IVN) receives a constant stream of peers keen on learning its secrets of success in the Democratic Republic of Congo but it won’t sign a partnership deal…
Churchrock could pump out 31M lb of US uranium over three decades, Laramide PEA shows
A new report gives Laramide Resources’ (TSX: LAM; US-OTC: LMRXF; ASX: LAM) Churchrock uranium project in New Mexico a 31-year life, and shows it could become one of the few…
Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…
American Pacific shares jump on copper results from Palmer VMS project
Shares of American Pacific Mining (CSE: USGD; US-OTC: USGDF) skyrocketed Thursday after the company released the third and final batch of assay results from its 2023 drill program at the…