Gold price falls back to $4,500 on sharp inflation fears
Gold extended its decline on Friday amid a broader market selloff triggered by elevated concerns over global inflation and its implications on central bank policies. Spot gold fell as much…
News
Milei OKs Lithium Argentina’s $1.24B growth under RIGI
A $1.24-billion (C$1.7 billion) expansion of Lithium Argentina’s (TSX, NYSE: LAR) Cauchari-Olaroz mine is one of two mining projects approved by Buenos Aires under the country’s large investment incentives program….
Gold Terra hikes ounces at historic mine in Yellowknife
An update for Gold Terra Resource’s (TSXV: YGT; US-OTC: YGTFF) Con brownfield project in the Northwest Territories almost doubles global contained gold over the initial estimate from 2022, though grades…
Sudbury hosts major rare earth project ‘in a pizza delivery zone,’ CEO says
Volta Metals’ (CSE: VLTA) Springer project hosts one of the largest rare earth deposits in North America and is so connected to infrastructure that pizza can be delivered to the…
Hemlo hits 16g gold at namesake Ontario mine
Canadian producer Hemlo Mining (TSXV: HMMC) reported grades as high as 16.1 grams gold per tonne over 8.1 metres from drilling at its namesake gold operation in northern Ontario as…
Honda halts $15B Ont EV plant amid losses
Honda is indefinitely suspending its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, following the expansion project’s potential postponement first reported last week in Japanese media. The move marks…
Elemental Royalty to buy Vizsla Royalties for $327M
Elemental Royalty (TSX: ELE; Nasdaq: ELE) is acquiring Vizsla Royalties (TSX-V: VROY; US-OTC: VROY) in a $327-million (US$239-million) deal, offering a 31% premium as the company continues consolidating the royalty…
Appian deepens Namibia push with $400M copper mine
Appian Capital Advisory has acquired Omico Copper in a deal giving the mining-focused private equity firm a 95% stake in Namibia’s Omitiomire copper project as it expands its exposure to…
Trump courts Brazil in rare earth supply push
U.S. President Donald Trump and his Brazilian counterpart Luiz Inácio Lula da Silva are forging an unlikely partnership around rare earths as Washington races to loosen China’s grip on critical…
Titan, Teck seek germanium from zinc tailings
Titan Mining (NYSE-A: TII) says it is evaluating potential germanium production from its U.S.-based zinc mining in partnership with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK). Titan and Teck envision…
Gold M&A: Equinox, Orla combine as $18.5B miner
Equinox Gold (TSX: EQX; NYSE: EQX) said on Wednesday it would acquire Orla Mining (TSX: OLA; NYSE: ORLA) in a deal valued at about US$18.5 billion (C$25.4 billion), creating a…
Agnico to invest $14B in Ontario, province says
Agnico Eagle Mines (TSX, NYSE: AEM) plans to spend $14 billion (US$10.2 billion) in Ontario by 2030 as the province moves to accelerate mine permitting and development, the government said…