Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…
Asia
‘Winter’ approaches for base metals equities, warns Haywood report
A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday. Analyst Pierre Vaillancourt expects the constellation of base metals companies under…
World’s largest uranium miner Kazatomprom ups 2024 production goals
Uranium producer Kazatomprom (LSE: KAP), the world’s largest, has increased its 2024 production target by about 10% on the back of growing demand for nuclear energy amid global energy concerns, in…
Copper deficit a critical destabilizing threat to international security, says S&P Global
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week. “Projected annual shortfalls will place unprecedented…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in BC
Junior Giga Metals (TSXV: GIGA) and global trading and investment firm Mitsubishi Corp. agreed on Monday to form a joint venture company, Hard Creek Nickel Corp., to develop the Turnagain…
Turquoise Hill rejects Rio Tinto’s US$2.7B takeover offer
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has rejected majority shareholder Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) bid to buy the 49% stake it doesn’t already own in…
Hundreds of new mines required to meet 2030 battery metals demand, finds IEA report
Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found. In…
BeMetals lands US$5M loan from B2Gold
BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a US$5-million loan from strategic investor…
Turquoise Hill flags US$200M cost increase at Oyu Tolgoi
Canada’s Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive Oyu Tolgoi copper-gold mine in…
TNM Drill Down: Top gold assays of the week July 22-29
TNM Drill Down, released every Monday, focuses on the top gold assays of the past week. Assays are ranked by gold grade x width, as our sister company Mining Intelligence identifies. This week’s…
Canada races ahead of US on current lithium project pipeline
Canada’s lithium supply response is expected to post strong growth through 2031 and outperform the U.S., a new analysis by Fitch Solutions Country Risk & Industry Research suggests. Canada’s current…