New Found Gold finances $205M for Queensway
New Found Gold (TSXV: NFG; US-NYSE-A: NFGC) says it has locked down $205 million in equity and debt financing for its Queensway development in Newfoundland. The mining company structured the…
Stock Markets/Investing
Environmental group sues US Interior for approving rare earth mining in Mojave Desert
An environmental advocacy group is suing the Department of the Interior (DOI) over its decision to greenlight a rare earth mining project located within the Mojave National Preserve a year…
Mangrove opens Delta refinery to close lithium gap
Privately held Mangrove Lithium on Thursday opened North America’s first commercial electrochemical lithium refinery, adding a missing piece to Canada’s battery supply chain. The facility in Delta, about 30 km…
Juno wins discovery award for Big Thunder
Private Ontario explorer Juno Corp. has won the Bernie Schnieders Discovery of the Year Award from the Northwestern Ontario Prospectors Association (NWOPA) for its Big Thunder gold discoveries in the…
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….
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….
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…
Newmont halts Cadia gold mine after earthquake
Shares in Newmont (TSX: NGT; NYSE: NEM), the largest gold miner, fell nearly 5% in New York by mid-Wednesday after the company suspended underground operations at its Cadia mine in…