Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors (NYSE: GM) has postponed a…
United States
JV video: Alamos Gold eyes 80% growth, mostly from within portfolio, CEO says
After digesting a series of acquisitions made at lower gold prices, Alamos Gold (TSX: AGI; NYSE: AGI) president and CEO John McCluskey says the company aims to grow production by…
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives. Nearly 80% of mining…
Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
Video: Gold rally leaves hesitant Western investors in the dust, fund manager says
Most Western investors have missed the record gold rally, remaining hesitant while waiting for a price correction that may never come, Liechtenstein-based gold fund manager Ronald-Peter Stöferle says in a…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…
Washington mulls US$456M loan for American Rare Earths project capex in Wyoming
American Rare Earths (ASX: ARR; US-OTC: ARRNF) gained after reporting the United States is considering US$456 million in debt financing for the company’s Halleck Creek Wyoming project, one of the world’s…
Uranium Energy to buy Rio Tinto’s Wyoming assets for US$175M
Uranium Energy (NYSE-AM: UEC) has agreed to buy Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) uranium assets in Wyoming, which include the fully-licensed Sweetwater plant and a portfolio of…
Nevada King Gold’s high-grade hits cap off strong summer of drilling
New drill results from Nevada King Gold (TSXV: NKG; US-OTC: NKGFF) returned high grades and confirmed mineralization lies relatively flat across the Atlanta project’s central part. Its shares rose. …
Ivanhoe Electric’s VRB Energy enters vanadium battery JV with Chinese firm
Ivanhoe Electric’s (TSX: IE; NYSE-AM: IE) cleantech subsidiary VRB Energy is forming a joint venture with a Chinese investment firm that will bring in a US$55-million investment and help scale…
CHART: Global mining and metals – a reality check
A new report by McKinsey’s energy and materials practice outlines a global mining and metals industry emerging from a few years of boom and bust and price fluctuations the consulting…
Standard Lithium shares rise on US$225M award bid
The funding is intended to support the construction of the central processing facility for Phase 1 of the South West Arkansas project.