Jervois Mining to buy cobalt, nickel refinery in Brazil
Jervois Mining (TSXV: JRV; US-OTC: JRVMF) is buying a nickel and cobalt refinery in Brazil from Companhia Brasileira de Alumínio for 125 million reals (US$22.1 million) in an effort to…
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Cleveland-Cliffs to acquire ArcelorMittal USA in US$1.4B deal
Cleveland-Cliffs (NYSE: CLF) is buying “substantially all” of Luxembourg-based ArcelorMittal’s (NYSE: MT) operations in the United States in a US$1.4 billion deal that will make it North America’s largest flat-rolled…
Piedmont Lithium soars after Tesla deal
Australian junior Piedmont Lithium (ASX: PLL) has confirmed it has signed a sales agreement with Tesla to supply the electric car maker with high-purity lithium ore for up to ten…
Power outage damages equipment at Lundin’s Chapada mine in Brazil
Lundin Mining (TSX: LUN) has withdrawn its 2020 production, cash cost and capital expenditure guidance for its Chapada copper and gold mine in northern Brazil after a power outage caused damage…
Central Asia Metals fined for tailings breach
Central Asia Metals (LSE: CAML) has been fined €65,000 (US$75,757) for a tailings breach at its Sasa zinc-lead mine in North Macedonia on Sept. 14 that leaked an estimated 8,000…
Lion One sees high-grade, underground operation in Fiji
Lion One Metals (TSXV: LIO; US-OTC: LOMLF) has released an updated preliminary economic assessment (PEA) for its wholly owned Tuvatu alkaline gold project in Fiji, which suggests a high-grade, 1,000-tonne-per-day…
Great Bear drills near-surface gold at Dixie
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has reported assays that returned broad intervals of near-surface gold mineralization from ten drill holes along the LP fault at the company’s wholly…
First Majestic plans next steps in Mexico tax dispute
First Majestic Silver (TSX:FR; NYSE: AG) says it is getting ready to appeal a Mexican court decision this week that revoked a key agreement determining how the silver producer was…
Commentary: Third-party litigation funding may provide ‘best of both worlds’ outcome in tax disputes
Covid-19 has affected the mining industry in unprecedented ways, ranging from forced mine shutdowns in some cases to profound fluctuations in supply and demand for various commodities. As the economy…
Battle North reports ‘high-grade intercepts’ at Bateman gold project
Battle North Gold (TSXV: BNAU; US-OTC: NBAUF) has released assay results from drilling at the McFinley and Pen zones at the company’s wholly owned Bateman gold project in northwestern Ontario’s…
Commentary: Mines are the biggest holes in Tesla’s $25,000 car plans
During Tuesday’s much-hyped battery day, Tesla CEO Elon Musk laid out plans to put everyone behind the wheel (or is that sleeping in the back?) of a $25,000 car that…
Maritime Resources hits high-grade gold and silver at Hammerdown
Maritime Resources (TSXV: MAE) has reported drill results from its past-producing Hammerdown gold project, which returned gold intersections within the proposed pit shell, outside of existing resources, and high-grade hits…