Site visit: O3 Mining preps to be new node in Val-d’Or ‘circular economy’
Val-d’Or, Que. – Look towards the horizon from the viewing tower at Parc Belvédère in Val-d’Or, Que., and it’s just visible where a new kid on the block wants to…
Canada
China’s controls on graphite exports ‘a loud wakeup call’ for the US, says Graphex CEO
China announced last month it will require export permits for some graphite products in another bid to control critical mineral supply in response to challenges over its global manufacturing dominance. Graphex Technologies – among…
Osisko Development, O3 Mining create lithium spinoff
Canadian gold developers Osisko Development (TSXV: ODV; NYSE: ODV) and O3 Mining (TSXV: OIII, US-OTC: OIIIF) have linked up to create a premier lithium exploration company focused on the James…
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN) Platreef project in South Africa…
Follow the money trail to critical metals
One investing strategy in mining is to watch the insiders. By insiders, I mean the big players in the industry. That is, the directors of multi-billion-dollar companies, mining magnates and…
Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy
Struggling Canadian gold miner Monarch Mining (TSX: GBAR; US-OTC: GBARF) has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PricewaterhouseCoopers appointed as the monitor to…
Skeena feasibility delivers longer mine life, bigger capex for Eskay Creek
Skeena Resources (TSX: SKE; NYSE: SKE) has released highlights of a definitive feasibility study for its Eskay Creek gold-silver project in northwest British Columbia that paints a picture of a…
Iamgold moves to buy rest of royalty company Euro Ressources
Iamgold (TSX: IMG; NYSE: IAG) plans to pay about US$23 million for the shares it doesn’t already owns in French precious metals royalties company Euro Ressources. The draft offer, filed…
American Lithium eyes Peru production as court rules in its favour
American Lithium (TSXV: LI; NASDAQ: AMLI) said on Wednesday that Peru’s top court had confirmed its local subsidiary’s ownership of 32 out of 172 disputed concessions. The ruling, consistent with…
Kodal lithium resource update sets it on fast path to cash flow: analyst
Kodal Minerals (LSE: KOD) has grown the Bougouni lithium project resource in southern Mali by more than 40% over a 2019 estimate, further de-risking the project slated for first production…
Osisko Mining, O3 Mining among PDAC’s major award winners
The Prospectors and Developers Association of Canada (PDAC) has announced that five outstanding groups will be presented with awards at its next convention, March 3-6, 2024, in Toronto. Since 1977,…
Glencore ready to spin off coal unit after sealing Teck buy
Glencore (LSE: GLEN) is moving ahead with plans to spin off its profitable but polluting thermal coal business after clinching on Tuesday a US$8.9-billion deal for the coal division of Teck Resources…