MP Materials lands $400M Pentagon deal
MP Materials (NYSE: MP) has entered a major public-private partnership with the U.S. Department of Defense (DoD) to build a domestic supply chain for rare earth magnets, reducing America’s reliance…
News
Exploration at risk in Manitoba’s second fire emergency
Wildfires pushed Manitoba to declare its second state of emergency in six weeks, sidelining exploration activities for at least two companies. Several communities had already declared mandatory evacuations this week….
Osisko opens door to enlarging Gaspé copper deposit
Osisko Metals (TSX: OM) hinted it may enlarge the deposit at its flagship Gaspé polymetallic project in Quebec after reporting drill results as high as 108 metres grading 0.84% copper…
Editorial: Nato and Trump to the REE rescue
Today’s huge Pentagon deal for MP Materials, the sole producer of rare earth elements (REEs) in the United States, continues the ratcheting up of developments in this formerly obscure sector….
Taseko more than doubles Yellowhead copper project value in BC
Taseko Mines (TSX: TKO; NYSE-A: TGB; LSE: TKO) has released an updated technical report for the Yellowhead project in British Columbia that confirms its potential to become a tier one…
Implats to shut Ontario mine
Impala Platinum (JSE: IMP; US-OTC: IMPUY), widely known as Implats, is shutting its mine in northern Ontario next May because of low palladium prices, a company spokesperson confirmed. The closure…
Navoi gold output climbs 1.4% as value doubles
Uzbekistan’s Navoi Mining & Metallurgical Co. said first-half gold output rose 1.4% as the world’s largest unlisted miner stepped up efforts to improve efficiency. Gold production rose to about 1.54…
Ero logs high-grade hits at Brazil gold-copper project
Early-stage drilling at Ero Copper’s (TSX, NYSE: ERO) Furnas copper-gold project in northern Brazil’s Carajás region returned high-grade intercepts that extend known mineralization to a depth of 730 metres. Hole…
Sirios lifts gold grades by at least 20% at Cheechoo
An update for Sirios Resources’ (TSXV: SOI; US-OTC: SIREF) Cheechoo gold project in western Quebec raises the open-pit indicated grade by almost 20% and the inferred grade by almost 40%,…
JV Article: Surge Copper’s Berg project offers right metals, at the right place
If Surge Copper’s (TSXV: SURG; US-OTC: SRGXF) Berg copper-moly porphyry project in central B.C. were operating today, its production profile of 126 million lb. copper a year over a 30-year…
Radisson sees 74% IRR for O’Brien at spot gold price
Radisson Mining Resources (TSX-V: RDS, US-OTC: RMRDF) says a preliminary economic assessment for the former O’Brien gold mine in Quebec’s Abitibi region outlines a high-value project – as long as…
Banyan rises on 2M oz resource update
A resource update for Banyan Gold’s (TSX-V: BYN; US-OTC: BYAGF) AurMac project makes it the second largest resource on the Tombstone Gold belt in Yukon. Shares rose. The update adds…