Rio Tinto settles hedge fund claims on Oyu Tolgoi
Rio Tinto (ASX, LSE: RIO) has agreed to pay nearly $139 million to settle a long-running class action lawsuit accusing the company of concealing development delays at its $7-billion giant…
United States
Titan gains on EXIM zinc-graphite site funding
Titan Mining (TSX: TI; US-OTC: TIMCF) soared on Thursday after the Export-Import Bank of the United States (EXIM) approved a $15.8-million financing to support the company’s zinc and critical minerals…
Central banks expect more gold buying, de-dollarization
Central banks around the world continue to hold favourable expectations for gold, with most looking to add to their reserves over the coming months and even years, an annual survey…
G7 critical minerals statement targets China
At the June 16–17 summit in Kananaskis, Alta, G7 leaders released a joint statement and action plan on securing diversified, responsible critical mineral supply chains including rare earths. Although China…
Video: Cupel Advisory director flags M&A surge, industry image crisis as key trends
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory director Nikki Adshead-Bell says. “We…
Video: Gold miners’ cash flows grow faster than any US sector, Adrian Day says
Puerto Rico–based Adrian Day says retail investors are avoiding gold miner stocks even as the companies generate cash quicker than any other United States sector. Day, whose firm Adrian Day…
Augusta offered $50M loan to build Nevada gold mine
Augusta Gold (TSX: G; US-OTC: AUGG) has received a letter from the Export-Import Bank of the United States (EXIM) expressing its interest in providing up to $50 million for the…
Sprott to buy $200M of uranium for special fund
Asset manager Sprott (TSX, NYSE: SII) said it plans to buy about US$200.1 million ($270 million) worth of physical uranium for its dedicated fund after raising twice as much money…
Critical Metals in line for $120M US loan for Greenland rare earth project
Critical Metals (Nasdaq: CRML) says it’s been tapped for a U.S. government loan worth up to $120 million to fund the company’s Tanbreez rare earth project in southern Greenland, The…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Novagold sees Donlin feasibility study by end ’27: CEO
Novagold Resources (TSX: NG) is pressing ahead with an updated feasibility study for its Donlin Gold project in Alaska now that Barrick Mining (TSX: ABX; NYSE: B) is no longer…
Infographic: Rare earth extraction spheres of control
The second edition of our Rare Earths series breaks down global extraction at the mine level, country by country. It then regroups those nations into five geopolitical spheres of control: the American Sphere, Chinese Sphere, Russian…