MP Materials soars on Saudi rare earth JV
MP Materials (NYSE: MP) has teamed up with the U.S. Department of Defense to form a joint venture in Saudi Arabia with Maaden, the kingdom’s main mining company, to build…
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Americas Gold expands Idaho presence with $65M deal for historic mine
Americas Gold and Silver (TSX: USA; NYSE-A: USAS) is paying $65 million to acquire privately owned Crescent Silver and its past-producing mine in Idaho as the miner looks to expand…
Copper and gold surge in FireFly’s Green Bay update
A resource update for FireFly Metals’ (ASX, TSX: FFM) Green Bay project in north-central Newfoundland more than doubles contained copper, gold and silver over the initial estimate from a year…
Vulcan picks NC for $1B rare earth magnet plant
This month, Vulcan entered a $1.4B partnership with ReElement Technologies and the US government to scale development of a domestic rare earth magnet supply chain.
Barrick options Midland’s Quebec gold project
Barrick Mining (TSX: ABX) (NYSE: B) has entered into an option agreement with Canadian gold junior Midland Exploration (TSXV: MD) for its Lewis property in Quebec. Under the terms, Barrick can…
Equinox Valentine gold mine hits commercial output
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has achieved commercial production at its Valentine mine in central Newfoundland, the company announced on Tuesday. The achievement follows 60 days of Valentine operating…
Elliot fund builds stake in Barrick: FT
American activist hedge fund Elliott Management has accumulated a large stake in Barrick Mining (TSX: ABX; NYSE: B) amid speculation that the Canadian-based gold-copper miner may undergo major changes, London-based…
Rio cuts alumina output in Australia
Rio Tinto (NYSE, LSE, ASX: RIO) plans to scale back output at its Yarwun alumina refinery in Queensland by 40% starting in October 2026 to extend the plant’s operating life…
Skyharbour, Denison strike $61.5M pact
Skyharbour Resources (TSXV: SYH) has formed four joint ventures with Denison Mines (TSX: DML; NYSE-A: DNN) at its Russell Lake uranium project in Saskatchewan’s Athabasca Basin. Denison plans to invest…
Ottawa, Manitoba boost Churchill for mineral trade
Ottawa and Manitoba are increasing support for the Port of Churchill to advance rail upgrades, add critical minerals storage and push a northern export corridor for Canadian miners. The joint…
Gold Fields doubles Windfall capex to $1.9B
Gold Fields (NYSE, JSE: GFI) says developing the Windfall gold project in Quebec still makes sense even though it may cost more than double a 2022 estimate. The company expects…
Chile vote thrusts right-winger to runoff
A strong showing by pro-business candidates in Chilean elections yesterday bodes well for the resurgence of mining investment in the world’s largest copper producer. Although conservative hardliner José Antonio Kast…