The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
United States
Analysis: Gold set for further record prices in 2024 and 2025
Gold prices have been setting annual records for the past three years. They are expected to set further records in 2024 and 2025, as the world struggles with a host…
Ucore wraps up commissioning of RapidSX rare earths separation tech plant
Ucore Rare Metals (TSXV: UCU; US-OTC: UURAF) has completed the commissioning of its RapidSX commercial demonstration plant for separating rare earth elements (REEs), at its facility in Kingston, Ont. …
Energy Fuels rides uranium price wave to production at southwest US mines
As uranium spot prices continued rising to new highs on Friday, Energy Fuels (TSX: EFR; NYSE: UUUU) has started uranium production at its mines in Utah and Arizona. EFR expects…
Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
Federal critical mineral research needs more cash, hears US House committee
U.S. critical mineral supply chains need more funding if national security needs are to be met, says GreenMet CEO Drew Horn. Horne was one of five witnesses giving testimony during…
Northern Dynasty closes $23M in financings to support Pebble project
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) has closed its recently announced convertible note and private placement financings for respective totals of US$15 million and $3.42 million, which the company…
US and Russia in race to ban uranium trade
The United States Congress is preparing for critical votes on legislation impacting the country’s uranium industry, focusing on the Nuclear Fuel Security Act (NFSA) and a potential ban on Russian…
Can beaten-up junior miners fight illegal short-selling?
Terry Lynch began to notice unusual price movements in Power Nickel (TSXV: PNPN; US-OTC: PNPNF)’s stock (then called Chilean Metals) years ago. The shares consistently traded down at the end…
Explainer: Naked short selling
This “explainer” is intended to supplement to this recently published story on illegal short selling. Covered vs. naked “Covered” short selling is a legal way to profit in a falling…
TechMet urges UK to catch up in critical minerals race
Britain is falling behind European and North American peers in securing local sources of critical minerals, which threatens to hit the car industry the hardest, a government report warns. Successive…
Rio Tinto’s Nuton, Arizona Sonoran Copper ink option to earn 40% on Cactus project
Arizona Sonoran Copper (TSX: ASCU) stock closed 10% higher in Toronto Thursday after the company signed a deal that could make a Rio Tinto (LSE: RIO; ASX: RIO) subsidiary a…