NexGen inks first uranium sales deals with major US utilities
The company will supply 5 million pounds of the nuclear fuel ingredient.
United States
Dakota Gold almost doubles Maitland deposit strike length as resource update, PEA nears
Dakota Gold’s (NYSE-A: DC) step-out drilling at the Maitland gold project has nearly doubled the strike length of modelled Homestake mine-style gold to 1,646 metres, lifting shares during early trading…
China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a US$83 billion gold deposit in the southeastern province of Hunan. The Geological Bureau of Hunan…
Exploration activity in October was highest in a year, S&P data shows
The mining sector saw a sharp uptick in activity during the month of October, aided by an influx of significant drilling results and surge in financings, according to the latest…
Contango ORE stock sinks as Manh Choh mine costs rise
Shares of Contango ORE (NYSE: CTGO) plummeted 21.6% on Friday after the company provided increased cost guidance for the Manh Choh gold mine in Alaska, which it holds under the…
Trump tariff plan would knock US-Canada-Mexico metals and mining
United States president-elect Donald Trump’s pledge to slap double-digit tariffs on America’s top trading partners will snarl metals supply chains and lower demand, analysts and industry leaders said. Trump said…
Mining CEO salaries rise, but gender diversity remains elusive, Bedford report finds
Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under…
Diamond miners face turning point amid weak prices: report
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Newmont sells Éléonore mine in Quebec for US$795M
The miner said the deal and other 2024 sales will raise $3.6 billion.
Mining’s old guard needs strong medicine
MINING.COM’s ranking of world’s 50 most valuable miners enjoyed a combined market capitalization of US$1.51 trillion at the end of Q3, up by single digits since the start of the…
Barrick touts ‘world-class’ potential of Fourmile project with huge resource boost
A resource update for Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Fourmile project in Nevada has increased contained ounces as much as 192% and grades by 35% compared to last year’s…
Northvolt CEO steps down after bankruptcy filing
The chief executive of Northvolt, Peter Carlsson, has quit just 24 hours after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the United States, in a major…