Sprott buys most uranium in 2.5 years
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of the heavy metal, now has about 70 million lb. of uranium after it bought 450,000…
United States
Gold price hits new record high
Gold pushed to a record $3,728 per oz. on Monday before easing about $10 an oz. as investors piled into exchange-traded funds, extending a rally that resumed after last week’s…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Mining Forum Americas: Former Barrick CEO elevates Fourmile in Nevada plan
Colorado Springs, Colo. – Barrick Mining (TSX: ABX; NYSE: B) says its new Fourmile project in Nevada can be developed without new processing plants and fits within the company’s capital-returns…
Mining Forum Americas: Gold majors vow discipline
Colorado Springs , Colo. – A year of record bullion prices has the gold sector talking less about buying ounces in takeovers and more about finding them in their midst….
Congo strategy nearly doubles cobalt price
The price of cobalt sulphate entering the electric vehicle battery supply chain in China has soared more than 90% since the start of the year after top producer the Democratic…
Minera Alamos raises $135M to pay for Equinox assets
Minera Alamos (TSXV: MAI) said it closed a C$135 million (US$98 million) equity financing that will help the company pay for three Nevada assets it’s in the process of buying…
Deutsche Bank lifts gold price forecast to $4,000
Deutsche Bank has raised its 2026 gold price forecast to $4,000 per oz., citing continued central bank demand, especially from China, a falling U.S. dollar, and rising uncertainty over Fed…
EnCore wins EPA backing for Burdock uranium project
EnCore Energy’s (Nasdaq, TSXV: EU) Dewey Burdock uranium project in South Dakota cleared a roadblock after the U.S. Environmental Protection Agency waived a petition by local communities challenging permitting decisions….
Feds may offer Highland Copper $250M loan
Highland Copper (TSXV: HI) has received a significant boost for its Copperwood project in Michigan’s Upper Peninsula, with the US Export-Import Bank issuing a non-binding letter of interest for up…
Friedland-backed Sunrise soars on US loan interest
Sunrise Energy Metals (ASX: SRL), which wants to mine Australia scandium in a project backed by billionaire Robert Friedland, is being lined up for a potential loan from the Export-Import…
Barrick’s Fourmile targets 750,000 oz gold a year
Barrick (TSX: ABX; NYSE: B) says its Fourmile project in Nevada has the potential to produce as much as 750,000 oz. of gold per year, positioning it as one of…