Japan adds uranium to list of critical minerals
Japan has added uranium to its list of critical minerals in an effort to reduce its dependence on foreign sources of the nuclear element, particularly Russia, and to support domestic…
Asia
VRIC: Gold set to gain as shine comes off US dollar
Escalating U.S. debt and a global move away from the U.S. dollar as the world’s reserve currency presents opportunity for gold and a complex landscape for mining, a recent industry…
How LFP batteries brought EV metal markets back to earth
When Elon Musk first announced Tesla’s move to LFP (lithium iron phosphate) batteries in February 2020, many were skeptical. LFP didn’t seem to fit with Tesla’s luxury and sporty carmaker…
Wind, solar to overtake coal in China’s power mix this year
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to forecasts by the China Electricity Council (CEC), an industry group. In…
A roadmap for green metals after a brutal 2023
Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately,…
BHP diverts shipments to avoid Red Sea attacks
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is diverting some of its shipments from Asia to Europe away from the Red Sea due to the increase in drone and missile…
Gahcho Kué diamond sales fall on weaker demand
Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) says lower prices and demand from India and China depressed sales by 15% last year from the Gahcho Kué mine in the Northwest…
Steppe to create Mongolia’s largest gold producer with Boroo merger
Mongolia-focused Steppe Gold (TSX: STGO; US-OTC: STPGF) is set to triple its annual production and elevate its status as the country’s largest and leading gold producer with the acquisition of…
TNM Drill Down: Apollo rises at Collective Mining’s Guayabales project
Our TNM Drill Down features highlights of the top gold assays from Dec. 29- Jan. 12. Drill holes are ranked by gold grade x width, as identified by data provider…
Royal Road JV wins bid for Saudi exploration licence
Royal Road Minerals (TSXV: RYR) says its Saudi Arabian joint venture vehicle has won preferred bidder status for the Jabal Sahabiyah exploration licence located in Asir province. The JV, Royal…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Uranium jumps to over US$100 per lb as top miner flags shortfall
Uranium prices jumped on Friday to a 16-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LSE: KAP), warned it’s likely to fall short of its output targets over the…