Myriad sells New Mexico uranium project for 6X return
Myriad Uranium (CSE: M; US-OTC: MYRUF) plans to sell its Red Basin project in New Mexico to a new mining tech venture and partner with it on other uranium exploration…
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Almonty’s high-grade South Korea tungsten mine resumes after 30 years
Almonty Industries (Nasdaq: ALM; TSX: AII) says its Sangdong mine in South Korea, with three times the global average tungsten grade, has resumed commercial production after more than 30 years. …
Chilean court revives $2.5B Dominga project permit
Chile’s Antofagasta Court of Appeals has suspended its own ruling against the $2.5 billion Dominga mining and port project, temporarily restoring its environmental permit and sending the case to the…
Atlantic Lithium wins key Ghana approval for mine
Australia’s Atlantic Lithium (ASX: A11) has secured Ghanaian parliamentary approval to develop the Ewoyaa project, the country’s first lithium mine, under revised royalty terms tied to market prices. The ratified…
Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) holds a royalty on Barrick Mining’s (TSX: ABX; NYSE: B) Fourmile gold project in Nevada that could generate billions of dollars and impact the valuation…
War-driven LNG squeeze revives thermal coal: analyst
Thermal coal could climb 46% per tonne if the Iran War disrupts liquefied natural gas producers for another month or two, reopening a profit window for major Australian coal miners. The…
Aclara nears new rare earth supply chain outside China
Aclara Resources (TSX: ARA) has inaugurated its rare earths separation pilot plant in Virginia, marking the start of one of the few integrated supply chains for the metals outside of…
Newcore Gold lifts Enchi’s resource by 24% in Ghana
Canadian developer Newcore Gold (TSXV: NCAU) said a resource update for its Enchi gold project in southwestern Ghana boosts the deposit’s footprint by 24% as the company advances toward a…
Freeport seeks permit for $7.5B Chile copper expansion
U.S. miner Freeport-McMoRan (NYSE: FCX) has begun the environmental permitting process for a $7.5-billion expansion of its majority-owned El Abra copper mine in Chile. The project, owned 51% by Freeport…
Ontario funds up to $215K per early-stage project
Ontario is backing 68 early-stage exploration projects in new awards under a government funding program. The financing, delivered through the Ontario Junior Exploration Program (OJEP), will cover up to half…
Quebec port plans $200M expansion
Ottawa has cleared a $200-million wharf expansion at the Port of Bécancour in Quebec that would allow larger bulk carriers to serve Canada’s mining sector, though no construction timeline has…
Sponsored Video: Starlink cuts cost of remote mine links, Interface says
Starlink’s low-earth orbit satellite network is lowering the cost of connecting remote mine camps to head offices while giving operators reliable access to cloud systems, shared data and voice links,…