Gold looks good on Trump tariffs, tax cuts
Donald Trump’s presidential win is likely to be gold positive in the medium term, according to John Reade, chief market strategist for the World Gold Council. The potential for higher…
Regulatory Issues
NexGen Energy nears Rook I approval after final federal review
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has successfully completed the final federal technical review for its Rook I uranium project in Saskatchewan’s Athabasca Basin. Shares rose. The Canadian…
B.C. creates new mining ministry to tackle critical minerals amid doubts over capacity
British Columbia Premier David Eby on Monday split the Ministry of Energy, Mines and Low Carbon Innovation into two: Mining and Critical Minerals and Energy and Climate Solutions, to fast-track…
Permitting delays impact BC projects valued at $38B, AME says
British Columbia’s exploration sector has over 60 critical mineral projects waiting for permits. It’s a $38-billion pileup of economic opportunities, some waiting indefinitely, Association for Mineral Exploration (AME) president and…
Russia’s Wagner Group linked to US$2.5B in illicit gold trading – report
The Wagner Group has earned over US$2.5 billion from illicit gold mining since the invasion of Ukraine, according to a report by the World Gold Council. The report, authored by former…
US Gold clears final hurdle for CK mine permit Wyoming, prefeasibility work underway
U.S. Gold Corp. (NASDAQ: USAU) cleared a major hurdle in the development of its CK gold project on Monday after securing approval from the Wyoming Department of Environmental Quality for…
US House of Representatives approves bipartisan Critical Mineral Consistency Act
Bill to will ensure parity between USGS critical minerals and DOE materials lists to strengthen the domestic supply chain and include copper, electrical steel and silicon.
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Uranium price to recover next year on shortage, Trump policy, Sprott CEO says
The price of uranium will rebound from its lowest level in a year as supply shortages, nuclear energy’s promise for clean energy and president-elect Donald Trump’s America-first security stance provide…
Australia’s Global Lithium raises alarm over potential foreign takeover
Australia’s Global Lithium Resources (ASX: GL1) is seeking to postpone its upcoming annual shareholder meeting until March due to concerns over a potential breach of foreign ownership rules. The West…
Osisko Development’s Cariboo gold project faces legal threat as Xatśūll demand consent
The Xatśūll First Nation may sue the British Columbia government and Osisko Development (TSXV: ODV; NYSE: ODV) if its concerns aren’t addressed in the permitting process for the Cariboo gold…
Regis Resources sues Australian minister over blocked gold mine
Regis Resources (ASX: RRL) has initiated legal proceedings to overturn a federal minister’s decision that halted its US$1-billion McPhillamys gold and silver project in New South Wales, Australia. In August,…