Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…
United States
Standard Lithium study pegs South West Arkansas project NPV at US$3.1B
Standard Lithium’s (TSXV: SLI) South West Arkansas project in the namesake state could produce 30,000-35,000 tonnes per year of battery-quality lithium hydroxide monohydrate (LHM) over a 20-year operating life, according…
TNM Drill Down: Musgrave hits bonanza grades at Cue
Our TNM Drill Down features highlights of the top gold assays from July 28 to Aug. 4. Drill holes are ranked by gold grade x width, as identified by our…
US Department of Energy upgrades copper’s status to ‘critical’
The U.S. Department of Energy (DOE) this week officially added copper to its Critical Materials list, marking the first time a U.S. government agency has included copper on one of…
ASM inks deal to sell rare earths to US magnet maker
Australian Strategic Materials (ASX: ASM) has inked a five-year agreement to supply neodymium iron boron (NdFeB) alloy from its Korean Metals Plant (KMP) to magnet maker USA Rare Earth LLC….
How Rainbow Rare Earths plans to bootstrap itself onto the global stage
Rainbow Rare Earths (LSE: RBW) is making strides in the rare earths sector as its Phalaborwa project in South Africa underpins an aggressive international growth strategy. While pilot-scale production at…
Niger coup does little to move uranium price
The global uranium industry is bracing for potential fallout from a recent military coup in Niger, accounting for about 5% of global nuclear fuel production. Several miners active in Niger…
Tennessee approves Piedmont Lithium plant as complex Carolina project slows
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) says the government has granted it permits to construct a lithium hydroxide plant in Tennessee although the cost has increased by a third. The now-US$800…
Lithium Americas shareholders approve split
Lithium Americas (TSX: LAC; NYSE: LAC) is going ahead with a planned separation of its North American and Argentinean businesses into two independent public companies, after shareholders approved the split…
TSX wrap for week of July 24: Base metals rise, Global Atomic shares drop
Over the July 24-28 trading period, the S&P/TSX Composite Index lost 28.14 points or 0.14%, to 20,519.37. The S&P/TSX Global Mining Index added 1.13 points or 1% to 110.62 and the S&P/TSX…
TSXV inches higher during July 24-28 trading week
The S&P/TSX Venture Composite Index added 13.1 points or 2.1% over the July 24-28 trading session to end at 625.1. This week, leading in terms of value gainers was Sigma…
Hudbay’s Snow Lake discovery could stretch mine life past 2038
The first discovery in a decade at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Lalor mine in Snow Lake, Man., has given it a run at finding another anchor deposit to…