Ivanhoe Electric shares fall in debut after US$169M IPO
Shares in Ivanhoe Electric (TSX: IE; NYSE-AM), the latest endeavour of mining magnate Robert Friedland, were falling on their trading debut on Tuesday morning after the company raised as much…
United States
JV Article: US Copper aims to develop Moonlight-Superior in California into a major new source of copper
Copper is pivotal to the global transition to a clean energy future. The red metal is an essential ingredient for the electric vehicles (EVs), energy storage systems, and renewable energy…
Argonaut Gold doubles share count with $195M equity raise for Magino
Argonaut Gold (TSX: AR) has closed an offering of 434 million common shares at 45¢ apiece for gross proceeds of $195.3 million, part of an effort to finance construction of…
Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks
Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) said on Friday that its Stillwater platinum mine will remain halted for four to six weeks, as the company works on repairing damage…
US allots US$74M to critical minerals mapping
The U.S. Department of the Interior has set aside more than US$74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as…
De Beers latest sale shows stronger US and Chinese demand
De Beers, the world’s top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
Orla Mining expands into Nevada with Gold Standard Ventures acquisition
Mexico-focused precious metals miner Orla Mining (TSX: OLA; NYSE: ORLA) is expanding its footprint into the U.S. with the acquisition of Gold Standard Ventures (TSX: GSV; NYSE: GSV), whose main…
Lithium supply struggles to keep up with demand – report
While prices for battery-making products such as lithium spodumene, carbonate and hydroxide have rallied by 1,553%, 1,057% and 744%, respectively, since mid-2020, the lithium market will struggle to remain balanced…
JV Article: Cypress Development aims to provide a domestic source of lithium for US battery manufacturers
Lithium is a critical metal for the global push for decarbonization. It is needed to produce the rechargeable lithium-ion batteries used in electric vehicles (EVs) and energy storage technologies that…
Base and Battery metals Snapshot: Eight companies to watch
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base…