Anglo flags third De Beers writedown
Anglo American (LSE: AAL) is weighing a third writedown of De Beers in as many years as weak diamond prices persist and the miner advances asset sales ahead of its…
Canada
Barrick eyes North America assets IPO, confirms CEO
Barrick Mining (TSX: ABX; NYSE: B) unveiled plans to spin off its North American gold assets into a new publicly listed company by the end of the year as it appointed…
Infographic: North America’s next rare earths mine?
Rare earths – essential components in electronics, defence applications and electric vehicle batteries – are hot geopolitical items as Western countries seek to secure supplies outside of Chinese control. Exploration…
VRIC Video: Beaty sees Canada-led growth after Equinox sheds Brazil
Equinox Gold (TSX: EQX; NYSE-A: EQX) expects its two new Canadian mines to drive a step-change in production as it shifts toward a North America–weighted portfolio, chairman Ross Beaty said….
Saudi plant is ‘wake-up call’ for Quebec, France: Northern Graphite CEO
Northern Graphite’s (TSX-V: NGC; US-OTC: NGPHF) decision to build a $200-million (C$144-million) battery material plant in Saudi Arabia should serve as a warning for governments in Canada and France, where the miner has been mulling similar…
Spotlight: Energy Transition Metals
Energy transition metals have never been as critical as they are today. Here’s a look at four companies seeking to reduce North America’s reliance on critical minerals from China by building domestic supply chains….
Alamos targets 1M oz in gold output by 2030
Alamos Gold (TSX, NYSE: AGI) predicted annual output will climb 46% by 2028 as expansion work at Ontario’s Island Gold District bears fruit and costs decrease. The stock rose. Gold…
Sprott uranium buying hits milestone
It’s retail therapy this quarter for the Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) which this week bought 250,000 lb. of uranium oxide (U3O8) as part…
VRIC Video: Wheaton sees 1M oz sooner as production growth accelerates
Wheaton Precious Metals (TSX, NYSE, LSE: WPM) is coming off its best year ever with the help of four new mines entering production and stronger output from existing assets, CEO…
Fitch Solutions’ BMI boosts industrial metals forecasts
Analysts at Fitch Solutions’ BMI have lifted their price forecasts for industrial metals to reflect the speculative momentum in the sector as well as strong market fundamentals and macroeconomic forces….
AME Video: DRC export curbs revive cobalt, Adamas Intelligence says
The Democratic Republic of Congo’s surprise move last year to curb cobalt exports helped lift prices and pushed higher costs back into the electric-vehicle supply chain, Adamas Intelligence battery-metals analyst…
Glencore hints at 2027 smelter closure absent deal
Glencore (LSE: GLEN) said it’s halting all spending on emissions reduction at its Horne smelter in northern Quebec after failing to reach a deal with the provincial government on a…