Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
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Burkina Faso’s nationalization rattles West Africa’s gold sector
Burkina Faso is accelerating its drive to nationalize natural resources, requesting this week to buy another 35% of West African Resources’ (ASX: WAF) Kiaka gold mine — a move that…
German ‘death strip’ solar project breaks ground
The project site runs along the so-called “death strip”, left behind by the GDR border guards in 1989.
Rwanda sends first tungsten to US
Trinity Metals, a Rwandan miner controlled by private UK-based industrialist TechMet, plans to ship tungsten to America’s largest processor of the metal used in bombs, jet engines and light bulbs. …
Luca Mining expands Tahuehueto mine with Fresnillo land deal
Canada’s Luca Mining (TSX-V: LUCA) has bought the Humaya 3 mining concession in Durango, Mexico, from Minera Mexicana La Ciénega, a unit of Fresnillo (LON: FRES), the country’s largest silver…
Ucore, Critical Metals sign 10‑year rare earths deal
The deal connects the massive rare Tanbreez earth project with Ucore’s Department of Defense funded processing facility in Louisiana.
Alaska fast tracks permits with new fed deal
Alaska aims to move priority mining and oil-and-gas proposals faster through permitting after signing a new agreement with federal regulators. The FAST-41 cooperation with Alaska, the first state to do…
Newmont plans sweeping job cuts: Bloomberg
Newmont (TSX: NGT; NYSE: NEM) is preparing a major cost-reduction plan that could lead to thousands of job losses, Bloomberg reported on Wednesday, citing people familiar with the matter. The…
Sprott buys 50,000 lb for $5B uranium trust
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week…
American Lithium wins Peru court battle
American Lithium (TSXV: LI; US-OTC: AMLIF) surged by nearly 20% after winning a legal battle in Peru that’s been holding up one of world’s largest and potentially lowest-cost uranium developments…
Northern Graphite taps fed funds for Quebec mine
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) has been given a lifeline to extend operations at its main Lac des Îles mine in Quebec, the only graphite producer in North America,…
Equinox Gold kicks off ore processing at Valentine
Equinox Gold (TSX, NYSE-A: EQX) has begun processing ore at its Valentine gold mine in Newfoundland and Labrador, with first gold expected next month. “I am pleased to announce that…