Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…
United States
Gold Reserve raising US$30M to bid for Venezuela’s Citgo in asset seizure dispute
Gold Reserve (TSXV: GRZ; US-OTC: GDRZF), an exploration company that’s still trying to collect on what it’s owed by Venezuela for a 2008 expropriation of its Brisas gold project, is…
LithiumBank reports largest lithium brine resource in North America at Alberta project
Canadian explorer LithiumBank Resources (TSXV: LBNK; US-OTC: LBNKF) has tabled the largest known lithium-brine resource in North America at its Park Place project in Alberta as it targets an initial…
Beaty optimistic on Mexico ahead of cross-Canada bike trip to Equinox Gold’s mine opening
Mexico’s new leader is an improvement while Canada should be careful in blocking Chinese investment, according to Ross Beaty, the Canadian Mining Hall of Famer who founded Pan American Silver…
Copper price slides from record on Chinese stockpiles
The price of copper has slid from its record high after China’s real estate turmoil increased storage of the wiring and plumbing metal. A pound of copper was at US$4.376…
Barrick-backed Dakota Gold seeks Homestake-style lode
Dakota Gold (NYSE-A: DC) intersected more high-grade gold mineralization at the Maitland gold project in South Dakota showing similarities to the nearby former Homestake mine that produced 40 million oz….
M&A activity shows we’re far from a market top in commodities
There’s a long-held fable within investing circles that surging M&A activity can (at times) signal a market top. So, how does that come about? Just like regular investors, major corporate…
Nevada Copper on the auction block after filing for bankruptcy
Vancouver-based Nevada Copper (TSX: NCU) has started a sales process as a part of a restructuring announced this week, which included filing for bankruptcy and halting its Pumpkin Hollow copper…
US energy storage market hits installation record in Q1
The U.S. energy storage market set a first-quarter record for capacity installed this year, with 1,265 megawatts (MW) deployed across all segments, a report by Wood Mackenzie and the American…
Chilean Cobalt lines up potential US$317M loan from EXIM Bank
The United States Export-Import Bank has signed a letter of interest to back Philadelphia-based critical minerals explorer Chilean Cobalt (US-OTC: COBA) with US$317.4 million in debt to restart the La…
How to attract Silicon Valley and Gen Zs
Silicon Valley could help the mining industry solve problems from funding to smelting but tech wizards shouldn’t necessarily run a mine, panellists told a conference on financing trends in New…
US Gold plans Q3 prefeasibility update for CK as permitting advances
U.S. Gold (NASDAQ: USAU) has hit the next permitting milestone to develop its CK project in Wyoming, which is expected to produce 108,500 oz. of gold equivalent annually over an…