Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
Asia
B2Gold nets US$90M stake in Versamet after royalty package sale
Canadian gold major B2Gold (TSX: BTO; NYSE-AM: BTG) has agreed to sell a portfolio of 10 precious and base metals revenue shares to Sandbox Royalties, to be renamed Versamet Royalties,…
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
China to build $1.5B copper smelter in Kazakhstan
Copper smelter is projected to have an annual production capacity of 300,000 tonnes.
JV Video: Ecora Resources coal revenue rises as battery metals future beckons, CEO says
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…
China’s solar panel surge powers silver price
Silver has broken through a mental price barrier to its highest level in more than a decade, driven in part by China’s surging solar panel industry and investor demand, analysts…
JV Video: Stakeholder relations still key to success, Global External says
Miners need to learn how to speak with people outside the industry, Adam Hawkins, founder and president of Global External, said in an April interview. The industry typically focuses on…
JV article: Huawei committed to help Latin America achieve digital, sustainable growth
Global provider of information and communications technologies, Huawei, is stepping up efforts to help customers in Latin America and the Caribbean continue to undergo digital transformation with the aim of…
The US must close an Inflation Reduction Act loophole that may benefit Indonesian nickel
The U.S. Inflation Reduction Act (IRA) established new incentives for “clean” electric vehicles (EVs) to source minerals from the United States and free trade agreement countries, like Australia and Canada….
Solaris says $130M Zijin deal derailed by ‘counterproductive’ regulatory review
Solaris Resources (TSX: SLS; NYSE: SLSR) has cancelled a $130-million investment by China’s Zijin Mining Group after the financing got stuck for four months in the Canadian government’s national security…
Zijin Mining to produce 50% more copper by 2028
China’s top copper producer Zijin Mining expects to produce 4% more copper in 2025 than previously planned to profit from the metal’s price ongoing rally, driven by anticipated supply shortages….
Indonesia grants Vale a mine permit extension to 2035
Indonesia has granted Vale’s (NYSE: VALE) local unit a special mining permit extension as part of a wider deal that will see state-owned holding, MIND ID, acquire an additional 14%…