Rising uranium price, sales volume boost Cameco earnings
Higher sales volumes and realized prices for uranium production and fuel services meant that Cameco’s (TSX: CCO; NYSE: CCJ) 2023 net earnings and cash from operations more than doubled from…
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Video: Mazumdar highlights sector’s challenges; need for sentiment shift
Of the many challenges facing the mining sector right now, the biggest one is investor sentiment, says Joe Mazumdar, mining analyst, editor and writer of the Exploration Insights Newsletter. Mazumdar,…
Capstone raises $431M to advance Chilean copper projects
Capstone Copper (TSX: CS; ASX: CSC) and major shareholder Orion Resource Partners, have closed a $431-million bought deal to support the copper miner’s near-term growth initiatives in Chile. Under the…
JV Video: US GoldMining revives Whistler project in Alaska with long, high-grade assays
U.S. GoldMining Inc (NASDAQ: USGO) hopes to grow the value of the Whistler gold-copper project in south-central Alaska with more high-grade results from its 10,000-metre drill program, says CEO Tim…
Nexa Resources halts Peru zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted production at its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by the Joraoniyoc community since earlier this week. The zinc producer, controlled by…
SQM looks to nurture lithium tech startups with accelerator program
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, is calling startups with innovative solutions in the fields of water usage, lithium and electromobility to join the third round of…
Cash crunch has junior miners feeling ‘despondent’
According to Mining Intelligence data, mining financings tumbled by around 13% last year, after falling a precipitous 45% the previous year. Numbers from the Prospectors and Developers Association aren’t in…
Sun Peak shares rise as it looks to resume exploration in Ethiopia
Shares in Canadian junior miner Sun Peak Metals (TSXV: PEAK; US-OTC: SUNPF) rose to their highest level in nearly three years on Wednesday after announcing it’s prepared to resume exploration…
Video: Power Nickel CEO sounds the alarm on naked short-selling
A battle for transparency and the survival of junior mining companies against market manipulation is playing out in real-time, Power Nickel (TSXV: PNPN; US-OTC: PNPNF) CEO Terry Lynch says. Lynch…
Temas Resources’ La Blance PEA pushes shares to 12-month high
An assessment for Vancouver-based Temas Resources’ (CSE: TMAS) La Blache titanium-vanadium-iron project in eastern Quebec boasts a $6.8-billion net present value that is more than six times higher than its…
Li-Metal completes concept study for world’s first carbonate-to-metal lithium plant
Once in production, the facility would have an annual capacity of up to 1,000 tonnes.
American Rare Earths boosts tonnage at Halleck Creek project in Wyoming
American Rare Earths (ASX: ARR, US-OTC: AMRRY) has boosted resources at its Halleck Creek project in Wyoming by 64% measured by in-situ tonnage compared with a previous estimate last fall….