Osisko Development, O3 Mining create lithium spinoff
Canadian gold developers Osisko Development (TSXV: ODV; NYSE: ODV) and O3 Mining (TSXV: OIII, US-OTC: OIIIF) have linked up to create a premier lithium exploration company focused on the James…
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Panoramic Resources mulls sale of flagship nickel asset
Panoramic Resources (ASX: PAN) has launched a strategic review of its flagship Savannah nickel project, in the Kimberley region of Western Australia, amid weak battery metal prices. The company said it…
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN) Platreef project in South Africa…
Torex Gold gets final environmental OK for Media Luna project
Torex Gold Resources (TSX: TXG) has passed the final environmental hurdle to take its Media Luna gold project towards commercial production, expected sometime late in 2024. Construction at the project,…
Follow the money trail to critical metals
One investing strategy in mining is to watch the insiders. By insiders, I mean the big players in the industry. That is, the directors of multi-billion-dollar companies, mining magnates and…
IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday its former aluminum boss for…
Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy
Struggling Canadian gold miner Monarch Mining (TSX: GBAR; US-OTC: GBARF) has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PricewaterhouseCoopers appointed as the monitor to…
Sigma Lithium shares jump as it posts first quarterly profit
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) reported on Wednesday its first profitable quarter since starting production at its Grota do Cirilo mine in Minas Gerais, Brazil, in April this year….
Skeena feasibility delivers longer mine life, bigger capex for Eskay Creek
Skeena Resources (TSX: SKE; NYSE: SKE) has released highlights of a definitive feasibility study for its Eskay Creek gold-silver project in northwest British Columbia that paints a picture of a…
Atlantic Lithium shuns takeover by major African shareholder
Atlantic Lithium (AIM: ALL, ASX: A11, US-OTC: ALLIF) is once again turning down a proposed takeover by 24.5% shareholder Assore International Holdings, which has offered to acquire the remainder of…
JV Article: Torq sees double in the Chilean Andes
Torq Resources (TSXV: TORQ) could be on the cusp of discovering not one, but two major copper-gold systems right under the noses of leading mining companies. Working in northern Chile…
JV Article: Automaker Stellantis takes 19.9% stake in Argentina Lithium subsidiary
Amsterdam-based carmaker Stellantis (NYSE: STLA), whose iconic brands include Alfa Romeo, Chrysler, Citroën, Fiat, Opel, Maserati, Peugeot, Jeep and Vauxhall, has invested US$90 million equivalent in Argentine pesos in Canada’s…