France backs USA Rare Earth plant build with $152M
USA Rare Earth (Nasdaq: USAR), through its Less Common Metals (LCM) subsidiary, plans to build a metal and alloy production facility in France next to an oxide processing facility, supported…
News
Fortuna lifts Côte d’Ivoire gold ounces, extends mine life
Canadian miner Fortuna Mining (TSX: FVI; NYSE: FSM) extended the projected life of its Séguéla property in Côte d’Ivoire as it reported a 31% increase in gold reserve ounces. Séguéla…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Sibanye’s Keliber lithium plant due within weeks
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) says it’s on track to complete construction and cold commissioning of its Keliber lithium project in Finland this quarter. The €783-million (C$1.23-billion) capital cost Keliber…
Federal bank has billions to back mining projects
The Canadian Infrastructure Bank, a government lender with $18 billion supporting development across Canada, is pivoting from base metals and gold to critical minerals with financing for Torngat Metals’ Strange…
Gold, silver spike amid Trump’s Greenland tariff threats
Gold and silver hit all-time highs after United States President Donald Trump threatened to impose tariffs on European countries as pressure for a deal so the U.S. can purchase Greenland….
Montage moves up Côte d’Ivoire gold pour
Canadian developer Montage Gold (TSX: MAU, US-OTC: MAUTF) is advancing first production at its flagship Koné project in Côte d’Ivoire by six months after construction crews made faster-than-expected progress. The…
Indonesia quota cut keeps nickel above $17,500
Nickel prices held above $17,500 (C$24,270) a tonne on Monday after Indonesia said last week it would cut next year’s nickel ore mining quota by about a third in a…
Lupaka may seize Peru assets over $67M ruling
Lupaka Gold (TSXV: LPK) may consider seizing Peruvian state-owned assets unless the South American government pays the company its arbitration award, chairman Gordon Ellis told Bloomberg. In June, the Canadian…
US in rare earth talks with Brazil: FT
The U.S. is exploring the possibility of forming a rare earths partnership with Brazil — estimated to hold the second-most in the world — as Washington steps up efforts to…
Petra’s 42-ct blue diamond sparks hope for miners
Africa-focused Petra Diamonds (LSE: PDL) has unearthed an ultra-rare blue diamond weighing just under 42 carats at its Cullinan Mine in South Africa, a discovery that could sell for as…
Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…