Uranium price bound for US$160 record: Sprott
The price of uranium could surpass 2007 highs this year as utilities ramp up demand for nuclear fuel and miners hit snags in boosting supply, the world’s largest investment fund…
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Chiefs of Ontario ask for year-long pause on claims staking
The Chiefs of Ontario are urging the province to call a 365-day moratorium on the Mining Lands Administration System (MLAS), beginning on Jan. 24. The move follows an exponential rise…
Fission wants to split uranium project costs with a partner in Saskatchewan
Fission Uranium (TSX:FCU; OTCQX: FCUUF) plans to fund the $1.5-billion Patterson Lake South project in northern Saskatchewan mostly with debt but it’s considering taking on a partner to help pay for…
Alphamin’s DRC tin expansion to start production in April
Canadian tin producer Alphamin Resources (TSXV: AFM) produced a record 12,568 tonnes of the metal in 2023, up 1% from the previous year, it said on Friday. Production during the…
Codelco names mining veteran Braim Chiple as CCO
Chile’s state-owned copper giant Codelco has named Braim Chiple as its new chief commercial officer, the latest among top positions changes in the past year, as the miner grapples with…
BHP to review US$9.7B fine handed by Brazil over dam failure
BHP (ASX: BHP) said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais (US$9.7 billion) in…
Sayona Quebec CEO out as lithium miner looks to slash costs
Sayona Mining (ASX: SYA; US-OTC: SYAXF) is responding to the rout in lithium prices with a cost review of its North American Lithium (NAL) operation in Quebec. The project is…
A roadmap for green metals after a brutal 2023
Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately,…
Aclara study pegs Brazil rare earths project NPV at US$1.2B
Initial capital costs for Aclara Resources‘ (TSX: ARA) Carina Module rare earths project in Brazil are estimated at US$576 million, with a US$1.2 billion net present value (NPV), according to…
Kootenay Silver updates La Cigarra resource
Mexico-focused Kootenay Silver (TSXV: KTN) has released an updated resource estimate for its La Cigarra project in Chihuahua state that improved silver grades by upwards of 20% compared to a…
Diavik crash survivor is electrician with baby
The lone survivor of a plane crash that killed six people on their way to Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) Diavik diamond mine has been identified as…
Bank of Montreal axes homophobic mining bankers
The Bank of Montreal fired four of its mining investment bankers last week because of verbal attacks on a colleague, The Globe and Mail reported on Thursday. The bank conducted…