USA Rare Earth produces first commercial-grade yttrium
USA Rare Earth (Nasdaq: USAR) produced yttrium commercially for the first time, another step in the miner’s efforts to create a rare earth value chain capable of serving Western markets….
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Chinalco bets $1.7B on Peru mine turnaround
Aluminum Corp. of China (Chinalco) is investing about $1.7 billion to overhaul its Toromocho mine in Peru, adding molybdenum output to drive a long-awaited turnaround. The upgrade at the site…
BC exploration spending sets record on copper appetite
Exploration spending in British Columbia set a new record last year as junior miners turned on the tap amid sustained appetite for copper projects. Exploration and evaluation expenditures in the…
‘Myopic’ World Bank must shift to critical minerals from climate change, Bessent says
The U.S. government is pressing the world’s top development lenders to pivot towards funding critical minerals projects in an effort to bolster a supply chain that’s dominated by China. Speaking…
Blue Moon outlines 1% copper mine in Norway
Blue Moon Metals (TSXV: MOON; Nasdaq: BMM) says a newly feasibility study for its Nussir copper project in northern Norway has confirmed what it calls a “long-life asset with strong…
Uranium Royalty to buy Sweetwater in $1.1B deal
Canada’s Uranium Royalty (TSX: URC; Nasdaq: UROY) agreed to buy privately held Sweetwater Royalties for about $1.1 billion (C$1.5 billion) to diversify and capitalize on rising demand for nuclear fuel….
Wolfden’s zinc-silver resource may revive Bathurst camp
An initial estimate for Wolfden Resources’ (TSXV: WLF) Canoe Landing deposit outlines strong zinc and silver grades, marking the first modern resource at Wolfden’s multi-target Tetagouche property inside New Brunswick’s…
US backs firms for first gallium in 40 years
The U.S. Department of Energy is funding five companies to help establish a domestic supply chain for gallium, a critical material for the defence and semiconductor sectors that America hasn’t…
Gold Basin fires CEO for alleged misconduct
Gold Basin Resources (TSXV: GXX; US-OTC: GXXFF), a junior explorer where Canex Metals (TSXV: CANX) is reasserting control, terminated president and interim CEO Charles Straw last month, alleging serious misconduct…
Canada’s antimony gap shows as Iran war sharpens focus on defence metals
The war with Iran has pushed antimony further out of the shadows, highlighting the metal’s modern use in explosive formulations, flares and infrared sensors. The United States Geological Survey says…
Giant battery maker CATL sets $4.4B to expand mining
Contemporary Amperex Technology (CATL), one of the world’s largest battery makers, has earmarked $4.4 billion to push deeper into mining amid a global energy shock that has raised fears over…
Shut Nova Scotia mine may hold $118M in gold
St Barbara (ASX: SBM) has secured Nova Scotia’s approval to process about three million tonnes of ore remaining at the closed Touquoy gold mine. The recovery may earn the company…