China played key role in gold’s rally: Apollo
China has emerged as a key catalyst behind gold’s record-setting rally this year, according to Torsten Sløk, the chief economist at New York-based Apollo Global Management. In a daily newsletter…
News
Could Barrick’s next CEO break up the company?
Spinning off Barrick Mining’s (TSX: ABX; NYSE: B) U.S. assets into a new company or exploring a merger with Newmont (NYSE: NEM) are some of the key options that the…
Trilogy jumps as US reinstates Alaska road permits
Shares of Trilogy Metals (TSX, NYSE-A: TMQ) surged Friday after United States authorities reinstated critical federal permits for a controversial 340-km (211-mile) access road in Alaska’s Ambler mining district. Trilogy…
Aclara jumps on US REE plant plan
Aclara Resources (TSX: ARA) plans to invest $277 million to build a heavy rare earth separation facility in Louisiana, marking what it calls a milestone for U.S. critical minerals independence….
Gold price may hit $5,055 by late 2026: JPMorgan
Despite gold’s record-setting rally coming to a halt this week, analysts at JPMorgan remain bullish on the metal for the next year and beyond. The bank projects gold prices to…
Friedland-backed scandium miner enters supply deal with Lockheed Martin
Robert Friedland-backed Sunrise Energy Metals (ASX: SRL) could become a long-term supplier of scandium for Lockheed Martin under the recently signed Australia-U.S. critical minerals pact, the company announced late on…
Angola challenges Botswana in De Beers bid
Angola’s state diamond company Endiama has submitted a formal bid for Anglo American’s (LSE: AAL) majority stake in De Beers, in a sharp shift from its earlier position of seeking…
Aldebaran spins out greenfield assets in Argentina
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) has officially spun out its exploration-stage assets in northern Argentina while it continues to work on the more advanced Altar project in San Juan…
US, Orion, Abu Dhabi plan $5B mining fund
The United States government has teamed up with Orion Resource Partners and Abu Dhabi’s ADQ to create a $1.8 billion fund to invest in critical minerals – another step in…
G Mining greenlights $973M Guyana gold mine
Canada’s G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said it’s going ahead with construction of the $973 million Oko West mine in Guyana that’s expected to start pouring gold in…
Platinum price hits five-year high
Platinum prices have surged to their highest level in five years as global supply tightens and investors position ahead of policy changes in China. The spot platinum price was $1,658.68…
Electra ‘fully funded’ to build Ontario cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it’s now fully funded to complete the construction and commissioning of what would be the first cobalt sulphate refinery in North America. The…