Fraser Institute ranks global mining with 9% of survey
An annual report that may affect billions of dollars in investment decisions has a weak process to rank countries, provinces and states for mining projects,…
News
Vale’s Indonesia equity sale paves the way for billions in investment
A Canadian unit of Vale Base Metals, Vale’s (NYSE: VALE) copper and nickel spinoff, has agreed to sell a 14% stake in Vale Indonesia (PT…
China’s control over key rare earths leaves US vulnerable: Report
The U.S. remains highly reliant on Chinese production of critical minerals, both directly through sourcing from China and indirectly due to the predominance of Chinese…
Lower silver output in Peru, Mexico to drag down global production
Global mined silver production will fall 2% in 2023 to 820 million ounces from 2022 totals due to lower output from operations in top producing…
Lithium explorer Li-FT Power closes $12.4M public offering
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF) has closed its recently announced overnight marketed public offering of flow-through shares priced at $8.65 each. About 1.44 million…
Site visit: O3 Mining preps to be new node in Val-d’Or ‘circular economy’
Val-d’Or, Que. – Look towards the horizon from the viewing tower at Parc Belvédère in Val-d’Or, Que., and it’s just visible where a new kid…
China’s controls on graphite exports ‘a loud wakeup call’ for the US, says Graphex CEO
China announced last month it will require export permits for some graphite products in another bid to control critical mineral supply in response to challenges over its global manufacturing…
Osisko Development, O3 Mining create lithium spinoff
Canadian gold developers Osisko Development (TSXV: ODV; NYSE: ODV) and O3 Mining (TSXV: OIII, US-OTC: OIIIF) have linked up to create a premier lithium exploration…
Wheaton Precious Metals beefs up streaming portfolio with US$530M spend
Wheaton Precious Metals (TSX: WPM, NYSE: WPM; LSE: WPM) announced on Thursday agreements to acquire existing precious metals royalty streams on Ivanhoe Mines’ (TSX: IVN)…
Torex Gold gets final environmental OK for Media Luna project
Torex Gold Resources (TSX: TXG) has passed the final environmental hurdle to take its Media Luna gold project towards commercial production, expected sometime late in…
IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday…
Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy
Struggling Canadian gold miner Monarch Mining (TSX: GBAR; US-OTC: GBARF) has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PricewaterhouseCoopers…