GM exit clouds Energy Fuels’ $1.9B magnet deal
General Motors (NYSE: GM) has cancelled a supply agreement with a U.S. rare-earth magnet plant whose owner Energy Fuels (TSX: EFR; NYSE-A: UUUU) has agreed to buy for US$1.9 billion…
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Local miner outbids Freeport for Colombia exploration
Colombia’s OP Gold Capital outbid U.S. copper giant Freeport-McMoRan (NYSE: FCX) for exploration rights in the country’s north, raising its offer to retain a 60-sq.-km block in Cesar. OP Gold…
Lula’s Brazil win puts rare earths in Trump’s crosshairs
Brazilian President Luiz Inácio Lula da Silva’s election victory is set to sustain the country’s push to process more of its vast rare earth reserves at home, with mining investors…
Mining Forum video: Tech stocks retreat could fuel massive mining gains, Sarmaya fund manager says
Mining shares could deliver outsized gains if investors shift even a small portion of their technology holdings into resource companies, Sarmaya Partners Fund Manager Wasif Latif says. A slowdown in…
US Energy Department adds helium to critical list
The U.S. Department of Energy has designated helium a critical material, citing its importance to semiconductor manufacturing and growing risks to supply. The designation, announced Friday under the Energy Act…
Mining Forum video: Apollo pit potential broadens Collective’s Colombian options
Collective Mining (TSX, Nasdaq: CNL) aims to submit an environmental licence application for its Apollo deposit in Colombia by mid-2027 while continuing to drill beyond its initial resource, Executive Chairman…
Sediments date Pyrenees gold mine to Roman era
Researchers have strengthened evidence that Roman miners used water to extract gold from Spain’s eastern Pyrenees, dating a long-suspected mining complex where an estimated 2 million cubic metres of earth…
Newmont prices Red Chris expansion at up to $4.8B
Newmont (NYSE, ASX: NEM) put a price of up to $4.8 billion (C$6.4 billion) on taking its Red Chris copper-gold mine underground in British Columbia, with commercial production targeted for…
Lithium’s $100B question: Who will build 134 new mines?
Global lithium demand is expected to more than triple by 2050, equivalent to the output of 134 new mines and more than $100 billion (C$139.8 billion) in investment before accounting…
New Found Gold doubles Queensway valuation to $1.7B
New Found Gold (TSX, NYSE-A: NFGC) has more than doubled the projected value of its Queensway gold project in Newfoundland to C$1.73 billion while expanding measured and indicated resources by…
Southern Copper weighs $680M Cuajone expansion
Southern Copper (NYSE, BVL: SCCO) is evaluating a $680-million (C$950.6 million) expansion of its Cuajone mine in southern Peru to counter declining ore grades and improve efficiency as the copper…
Bannerman pulls trigger on $353M uranium mine
Bannerman Energy (ASX, NSX: BMN; US-OTC: BNNLF) and its Chinese partner CNNC Overseas have approved construction of the Etango uranium project in Namibia, with funding secured without project debt and…