US offers $190M to Victory Metals rare earths project
Victory Metals (ASX: VTM) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for up to $190 million (A$292 million) in financing to develop…
United States
Barrick sells Donlin stake to Paulson, Novagold for $1B
Canada’s Barrick Gold (TSX: ABX; NYSE GOLD) is exiting the Donlin Gold project in Alaska by selling its 50% stake for US$1 billion (C$1.38 billion) to hedge fund billionaire John…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Triple Flag to acquire Orogen Royalties for $420M
Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) announced Tuesday that it has entered into an agreement to acquire Orogen Royalties (TSXV: OGN; US-OTC: OGNRF) in a transaction valued at…
Trump to fast-track key U.S. mining projects
Permitting for key mining projects across the United States will be expedited as part of a plan by President Donald Trump to boost critical minerals production. A new executive order…
Energy Fuels mills rare earths in US that China limits
Energy Fuels (TSX: EFR; NYSE-A: UUUU) says it has successfully developed technology capable of producing six of the seven rare earths oxides at scale, that are now subject to the…
Citi softens short-term bearish outlook on copper
Citigroup has softened its short-term bearish outlook on copper by lifting its three-month price target to $8,800 a tonne, citing United States President Donald Trump’s recent decision to suspend many…
Don’t tariff copper imports, limit exports: US industry
Some key players in the United States copper industry are urging President Donald Trump to forgo import tariffs and instead opt for targeted export restrictions in a bid to revive homegrown production….
Ivanhoe Electric lines up $825M loan for copper project
Ivanhoe Electric (TSX, NYSE: IE) said the United States export credit agency is interested in lending up to $825 million (C$1.15 billion) for the company’s Santa Cruz copper project in…
Gold price at ‘multiples of $3,000’ possible, Sprott says
As gold prices continue to rise, having hit a new record of $3,245.42 per oz. Monday, geopolitics and other factors could push yellow metal prices even higher, said Toronto-based asset…
Goldman Sachs upgrades gold forecast to $3,700
Goldman Sachs has once again lifted its year-end price target for gold — this time to $3,700 an oz. — amid uncertainty surrounding the state of the global economy. In…
Trump eyes seabed minerals to rival China: FT
U.S. President Donald Trump is in the process of drafting an executive order that would enable America to stockpile the wealth of critical minerals found on the Pacific Ocean seabed,…