Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
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PEA gives Wealth Minerals’ Kuska lithium project 400,000-tonne output over 20 years
Wealth Minerals‘ (TSXV: WML; US-OTC: WMLLF) new preliminary economic assessment (PEA) for its Kuska lithium salar project in northern Chile outlines output of 20,000 tonnes per year over 20 years. …
Atico shares rise on 25-year extension of La Plata project in Ecuador
Shares of Atico Mining (TSXV: ATY; US-OTC: ATCMF) surged by 13% on Thursday after the company obtained a 25-year extension of the mining concession from the Ecuador government at its…
Barrick, Antofagasta to spend US$95M exploring for copper in Chile
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) and Chilean miner Antofagasta (LSE: ANTO) have partnered up to explore for copper and other metals in the Alto del Carmen area of…
Top lithium miners eye partnerships with Chile’s government under new law
Some top lithium miners including China’s Tianqi Lithium Corp., South Korea’s LG Energy Solution and French critical mineral producer Eramet SA have met with Chilean government representatives in the past…
BMO cautions against excess gold sector royalty deals
A trend among gold developers to write royalties as a strategy to raise investor value amid a stifled financial market carries high risks, a new BMO Capital Markets report found…
Li-FT hits 1.56% lithium oxide over 26 metres near Yellowknife
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF) has reported assays as high as 1.56% lithium oxide (Li2O) over 26 metres at the road-accessible Big East pegmatite within the Yellowknife lithium project…
Uranium hits new post-Fukushima high
The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming…
EU adds Alrosa and CEO to sanctions list
The European Union has added top diamond producer Alrosa as well as its CEO, Pavel Alekseevich Marinychev, to its sanctions list. The EU’s foreign policy chief Josep Borrell announced the ban…
Ivanhoe ships first copper through Angola via railway
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said its first shipment of copper concentrate from its Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC) had arrived by rail to…
Orea Mining to delay 2023 financial statements filing
Canadian gold explorer and developer Orea Mining (TSX: OREA; US-OTC: OREAF) said on Wednesday that it won’t file its financial results for the latest fiscal year on time due to…
Podcast: Resource nationalism, M&A and China — a 2023 review with Mining.com’s Jamasmie
This week’s episode features Mining.com senior editor Cecilia Jamasmie in conversation with host Adrian Pocobelli on the big stories of 2023. Jamasmie sheds light on the rise of resource nationalism…