Greenland miner Amaroq soars on aid talks with US
Greenland miner Amaroq (AIM, TSXV: AMRQ) surged on Thursday after reports came out that the company has held talks with the U.S. government about investing in its mining projects on…
United States
Energy Fuels’ mineral sands project value up 80%
An updated feasibility study for Energy Fuels’ (TSX: EFR; NYSE: UUUU) Vara Mada heavy mineral sands (HMS) project in Madagascar almost doubles its value over the initial study while adding…
Spotlight: Gold players around the world
With gold prices at record highs, it’s never been a better time to explore and develop gold projects. Here’s a look at four exciting companies to watch. Amex Exploration In September Amex Exploration (TSXV: AMX; US-OTC: AMXEF) announced a new two-stage development strategy for…
AI to boost copper demand 50% by 2040: S&P
A rapid and exponential growth in artificial intelligence (AI), defence spending and robotics will lift global copper demand by 50% by 2040, leaving a supply shortfall of more than 10…
Nickel spikes on Indonesia quota risk
Nickel extended its rally on Wednesday after reports of deep mining-quota cuts this year in Indonesia tightened supply expectations. The London Metals Exchange (LME) three-month contract traded around $18,460 (about…
Revival logs shallow gold at Utah’s Mercur project
Revival Gold (TSXV: RVG; US-OTC: RVLGF) said recent drilling at its past-producing Mercur project in Utah shows the presence of near-surface gold in an area targeted for potential heap leach development….
Gold tops US bonds as largest foreign reserve asset
Gold has surpassed US Treasuries as the world’s largest reserve asset globally for the first time in 30 years amid rising prices and aggressive buying by central banks. According to…
BlueScope Steel rejects $8.8B takeover offer
BlueScope Steel (ASX: BSL) has rejected an $8.8 billion takeover bid by U.S. steelmaker Steel Dynamics (Nasdaq: STLD) and Australian conglomerate SGH (ASX: SGH), accusing the bidders of trying to buy…
Critical Metals to build pilot plant in Greenland
Rare earth developer Critical Metals (Nasdaq: CRML) surged on Wednesday as it approved the construction of a multi-use storage and pilot facility in Greenland to support its Tanbreez project. In…
US awards $2.7B in uranium enrichment orders
The United States Department of Energy awarded contracts worth $2.7 billion (C$3.7 billion) to three companies in a bid to boost domestic uranium enrichment capacity over the next decade and…
Copper prices hit yet another record
Copper prices surged to a fresh record on Tuesday as supply disruptions and U.S. trade uncertainty continue to fuel a sharp early-year rally across base metals. Benchmark three-month copper on…
Banks remain bullish on gold above $4,500
After delivering its best annual performance since 1979, gold is drawing fresh bullish calls from major banks as conditions line up for fresh record highs. In a note published on…