TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
United States
U.S. markets lose steam during Aug. 22-26 trading week
The Dow Jones Industrial Average fell 1,423.34 points or 4.22% to 32,283.40, and the S&P 500 closed the trading week at 170.82 points or 4.04% lower at 4,057.66. The week’s…
Graphite One prefeasibility outlines US$1.2B capex for Alaska mine and Washington state plant
Graphite One (TSXV: GPH; US-OTC: GPHOF) has released a prefeasibility study on developing a mine at its Graphite Creek property in Alaska and building a battery anode materials manufacturing plant…
Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…
Nevada Copper unveils restart and US$93M financing plan for Pumpkin Hollow
Nevada Copper (TSX: NCU; US-OTC: NEVDF) plans to restart and ramp up its Pumpkin Hollow underground mine in Nevada and has agreed to non-binding terms with lenders for up to…
‘Winter’ approaches for base metals equities, warns Haywood report
A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday. Analyst Pierre Vaillancourt expects the constellation of base metals companies under…
Neo Performance Materials inks deal to acquire Hudson Resources’ rare earths project in Greenland
Neo Performance Materials (TSX: NEO) will acquire an exploration licence from Hudson Resources (TSXV: HUD) for its Sarfartoq Carbonatite Complex in southwest Greenland, under a binding agreement announced Monday. The…
OceanaGold closer to finalizing permits for Haile underground mine
OceanaGold (TSX: OGC; ASX: OGC) is moving closer to completing the permitting process for its Haile underground mine in South Carolina, a development that would expand the production potential of…
Copper deficit a critical destabilizing threat to international security, says S&P Global
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week. “Projected annual shortfalls will place unprecedented…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
Canada poised to benefit as the elephant next door goes green
Suddenly, the United States is getting serious about climate change, the green energy transition and the supply of critical minerals needed to make it happen. The Inflation Reduction Act, passed…
Taseko granted draft permit for Florence copper project in Arizona
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) has scored a small, but key win in the long-dragged permitting process for its Florence copper project in Arizona as the U.S….