Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors…
Financing
Miners prefer Canada to overseas: KPMG
Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry…
Kodal Minerals may delay Mali’s first lithium
Kodal Minerals (LSE: KOD) has flagged a possible delay in production from its Bougouni lithium project in southern Mali to early 2025 from the originally…
Denison deal shows slumping battery metals benefiting uranium sector
Foremost Lithium Resource & Technology (CSE: FAT; NASDAQ: FMST), a junior with early-stage projects in Quebec and Manitoba, is pivoting into uranium through a cash and…
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold…
Washington mulls US$456M loan for American Rare Earths project capex in Wyoming
American Rare Earths (ASX: ARR; US-OTC: ARRNF) gained after reporting the United States is considering US$456 million in debt financing for the company’s Halleck Creek Wyoming…
Ivanhoe Electric’s VRB Energy enters vanadium battery JV with Chinese firm
Ivanhoe Electric’s (TSX: IE; NYSE-AM: IE) cleantech subsidiary VRB Energy is forming a joint venture with a Chinese investment firm that will bring in a…
JV Video: Peartree CEO sizes up Canada’s unique flow-through regime, changes to fed tax rules
Flow-through financing plays a crucial role in supporting Canada’s junior mining sector. This unique-to-Canada financing model, which PearTree Financial Services helped pioneer, facilitates over 90%…
Urbix gets US$125M government grant for Alabama graphite plant
Urbix, a company testing battery material production in the southern United States, has landed a US$125 million grant from the U.S. Department of Energy to…
Osisko Metals seeks financing partner on huge Gaspé copper project in Quebec
Osisko Metals (TSXV: OM; US-OTC: OMZNE) is advancing the giant Gaspé copper project in Quebec with an economic study planned for February amid efforts to land a 20%…
First Phosphate touts battery acid from Quebec rock ‘rarer than gold’
First Phosphate (CSE: PHOS; US-OTC: FRSPF) has posted an initial phosphate resource for its Bégin-Lamarche project in Quebec after choosing a plant site to process…
Fed cuts rate by 0.5%, gold rises
The United States Federal Reserve lowered its benchmark interest rate by 50 basis points to a range of 4.75% to 5% on Wednesday as the…