Video: New Gold CEO ramps up growth across two assets
New Gold (TSX: NGD; NYSE: NGD) has acquired full ownership of the New Afton copper-gold mine in British Columbia and prepped its new C-Zone to hit peak output. The mine…
Canada
G7 critical minerals statement targets China
At the June 16–17 summit in Kananaskis, Alta, G7 leaders released a joint statement and action plan on securing diversified, responsible critical mineral supply chains including rare earths. Although China…
Foran assays extend copper zone at McIlvenna Bay
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole BZ-25-02 also intersected 0.69% zinc,…
Video: Cupel Advisory director flags M&A surge, industry image crisis as key trends
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory director Nikki Adshead-Bell says. “We…
Video: Gold miners’ cash flows grow faster than any US sector, Adrian Day says
Puerto Rico–based Adrian Day says retail investors are avoiding gold miner stocks even as the companies generate cash quicker than any other United States sector. Day, whose firm Adrian Day…
Sprott to buy $200M of uranium for special fund
Asset manager Sprott (TSX, NYSE: SII) said it plans to buy about US$200.1 million ($270 million) worth of physical uranium for its dedicated fund after raising twice as much money…
Two Ring of Fire First Nations oppose Ontario law
Two northern Ontario First Nations who have infrastructure agreements with the province related to the Ring of Fire have come out against the government’s new law that seeks to ease…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Ontario nuclear plan could boost uranium mining
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for…
China takes strides in rubidium extraction
China has achieved a technological breakthrough in the production of rubidium, the South China Morning Post has reported, as Beijing looks to expand its dominance in the critical minerals supply…
Video: Exploits Discovery leaps from zero to 680,000 oz gold in Ontario and Quebec
It took about one month for Exploits Discovery (CSE: NFLD; US-OTC: NFLDF) to transform itself from a zero-ounce minnow to holding about 680,000 oz. of historical gold resources in Quebec…
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest in a wave of foreign…