US grabs stake in battery metals miner to fight Chinese control
The U.S. government is taking a US$25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country’s reliance…
Asia
Trump declares national emergency on rare earths production
U.S. President Donald Trump has signed an executive order declaring a national emergency in the mining industry, a move that seeks to curb the country’s reliance on rare earths in…
Commentary: Mines are the biggest holes in Tesla’s $25,000 car plans
During Tuesday’s much-hyped battery day, Tesla CEO Elon Musk laid out plans to put everyone behind the wheel (or is that sleeping in the back?) of a $25,000 car that…
Barrick, Japan Gold expand footprint on Hokkaido island
Barrick Gold (TSX: ABX; NYSE: GOLD) and Japan Gold (TSXV: JG) are expanding their footprint in the Asian country with the acquisition of the Kanehana project, which comprises 40 new…
Gemfields targets growing Chinese market for ‘responsibly mined’ gemstones
Precious gemstones miner Gemfields (LSE: GEM) is stepping up efforts to market its emeralds and rubies in China after a report highlighted the “huge potential” for ethically sourced gems in the…
Too many tools adds risk to mining operations, says IsoMetrix’s Robin Bolton
A new set of guidelines has been released called the Global Industry Standard on Tailings Management to help strengthen mining practices, with the goal of zero harm to people and…
TSX down, Aug. 31-Sept. 4
The S&P/TSX Composite Index fell 2.92% to 16,218.01 during the Aug. 31-Sept. 4 trading week. The S&P/TSX Global Base Metals index dropped 0.66% to 104.84, and the S&P/TSX Global Gold…
EU adds lithium to critical raw materials list
The European Union has added lithium, used in batteries that power electric vehicles (EVs), to a list of critical materials as part of a strategy to reduce its reliance on…
‘Gold is becoming mainstream’: Ronald-Peter Stoeferle on precious metals and mining stocks at the Global Mining Symposium
The Global Mining Symposium continued apace on the second day of the three-day event with Alisha Hiyate, editor at The Canadian Mining Journal, interviewing Ronald-Peter Stoeferle, managing partner and fund…
Russia’s Nordgold sweetens offer in takeover battle with China’s Shandong over Cardinal Resources
Nordgold has sweetened its proposed takeover offer of Cardinal Resources (ASX, TSX: CDV) in order to beat out competition from China’s Shandong Gold. The latest offer would see the Russian…
Gold production growth will average 2.5% annually from 2020-2029: Fitch
A new report by Fitch Solutions forecasts that global gold production will increase from 106 million oz. in 2020 to 133 million oz. by 2029, for an average annual growth…
Barrick takes Porgera dispute to PNG Supreme Court
Barrick Gold (TSX: ABX; NYSE: GOLD) will take a dispute over mining rights for the Porgera gold mine in Papua New Guinea (PNG) to the country’s Supreme Court after a…