Financing: US Energy Dept. hands out billions
In mid-December, the U.S Department of Energy announced a conditional loan of US$755 million to battery materials and technology company Novonix to build a plant in Tennessee for manufacturing synthetic…
Canada
Lithium Ionic grows Baixa Grande resource by 32%, boosting Brazil’s lithium ambitions
Lithium Ionic (TSXV: LTH; US-OTC: LTHCF) has boosted its lithium resource for the Baixa Grande project in Minas Gerais by 32%, reinforcing Brazil’s growing role in the global lithium market….
Newcore Gold hits high-grades at Enchi, eyes resource upgrade, pre-feasibility in 2025
Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) on Tuesday reported strong drill results from its Enchi gold project in Ghana, showing wide mineralization at the Boin deposit. Key intercepts included hole…
Canadian Mining Hall of Fame adds Boyd, Giustra, MacLean, Sheahan
Sean Boyd, the chair of Agnico Eagle Mines (TSX: AEM; NYSE: AEM), recalled when the company’s performance prompted CNN’s Mad Money host Jim Cramer to eat a crow sandwich on…
Stillwater Critical Minerals scrambles for DoD dollars
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is exploring to boost its nickel-palladium project in Montana as it awaits word due this year on Defense Department funding. Glencore (LSE: GLEN),…
Snow Lake Energy discovers gallium in Ontario
Snow Lake Energy (NASDAQ: LITM) said on Monday it has made a new gallium discovery at the Mound Lake property in Ontario to complement its existing portfolio of lithium and…
Hudbay increases stake in Arizona Sonoran to 9.99%
Hudbay Minerals (TSX, NYSE: HBM) has upped its stake in Arizona Sonoran Copper (TSX: ASCU, OTCQX: ASCUF) with the purchase of 11.85 million shares under a private placement. The Arizona…
Lundin Gold exceeds guidance with record production
Lundin Gold (TSX: LUG; US-OTC: LUGDF) exceeded last year’s production guidance with a record output of 502,029 oz. from its Fruta del Norte gold mine in Ecuador. It set its…
Gatos Silver posts solid 2024, preps takeover by First Majestic
Gatos Silver (TSX: GATO; NYSE: GATO) has topped its 2024 production guidance at the Cerro Los Gatos mine in Mexico. Record throughput and higher-than-expected silver-equivalent output drove strong results. The…
New Gold falls short of 2024 gold guidance
New Gold (TSX, NYSE-A: NGD) shares fell on Friday after the company missed its production forecast in a challenging finish to the year. The mid-tier miner cited December mechanical failures…
Canada knocks Trump’s claims of resource independence
Canada’s minister of energy and natural resources, Jonathan Wilkinson, has pushed back against U.S. president-elect Donald Trump’s recent claim that America doesn’t need anything from its northern neighbour as “simply…
Equinox shares surge following record production year
The miner produced 213,906 ounces of gold in the fourth quarter and 621,870 ounces for the full year.