Jervois Mining to buy cobalt, nickel refinery in Brazil
Jervois Mining (TSXV: JRV; US-OTC: JRVMF) is buying a nickel and cobalt refinery in Brazil from Companhia Brasileira de Alumínio for 125 million reals (US$22.1 million) in an effort to…
United States
Cleveland-Cliffs to acquire ArcelorMittal USA in US$1.4B deal
Cleveland-Cliffs (NYSE: CLF) is buying “substantially all” of Luxembourg-based ArcelorMittal’s (NYSE: MT) operations in the United States in a US$1.4 billion deal that will make it North America’s largest flat-rolled…
Piedmont Lithium soars after Tesla deal
Australian junior Piedmont Lithium (ASX: PLL) has confirmed it has signed a sales agreement with Tesla to supply the electric car maker with high-purity lithium ore for up to ten…
Commentary: Mines are the biggest holes in Tesla’s $25,000 car plans
During Tuesday’s much-hyped battery day, Tesla CEO Elon Musk laid out plans to put everyone behind the wheel (or is that sleeping in the back?) of a $25,000 car that…
Tesla to eliminate cobalt from electric vehicles
At Tesla’s live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company’s plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that…
Pebble Partnership CEO resigns over leaked tape
Northern Dynasty Minerals (TSX: NDM, NYSE: NAK) announced Wednesday that Tom Collier, chief executive of its U.S.-based subsidiary Pebble Limited Partnership, has submitted his resignation in light of comments made…
Integra reports long intercepts from DeLamar in Idaho
Integra Resources (TSXV: ITR; NYSE-AM: ITRG) has released assay results for five holes drilled as part of this year’s exploration program at the Florida Mountain deposit within the DeLamar project…
TSX mixed, Sept. 14-18
The S&P/TSX Composite Index fell 0.15% to 16,198.97 during the Sept. 14-18 trading week. The S&P/TSX Global Mining Index rose 0.52% to 101.18, and the S&P/TSX Global Base Metals Index…
Kore Mining outlines low-cost heap leach development at Long Valley
Kore Mining (TSXV: KORE; US-OTC: KOREF) has released the results of a preliminary economic assessment (PEA) for its wholly owned Long Valley gold deposit in California’s Mono County, which suggests…
Tectonic Metals drills high-grade gold at Tibbs project in Alaska
Tectonic Metals (TSXV: TECT; US-OTC: TETOF) has released the first set of drill results from the 2020 drilling campaign at its Tibbs gold project, located in the Goodpaster mining district, 175…
Pickett Mountain ‘one of North America’s highest-grade undeveloped polymetallic deposits’, says Wolfden VP
Wolfden Resources (TSXV: WLF) has released a preliminary economic assessment (PEA) for its Pickett Mountain massive sulphide project in northern Maine, 5 km from the nearest highway and 24 km…
Mag Silver to acquire past-producing Deer Trail mine in Utah
Mag Silver (TSX: MAG; NYSE-AM: MAG) has signed an option agreement to acquire 100% of the Deer Trail project in Utah, a carbonate replacement deposit (CBD) that was intermittently mined…