Vizsla Silver shares surge on 43% resource boost
Vizsla Silver (NYSE: VZLA; TSX: VZLA) saw double-digit share price gains on Monday after reporting a 43% increase in the mineral resource for its main Panuco project in Mexico. The…
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Nippon Steel to sue Washington after Biden blocks US$14.1B US Steel deal – Nikkei
Nippon Steel says it will sue the United States government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel, Japan’s Nikkei business daily reported….
Sole US cobalt mine intends to go private after running out of cash
Jervois Global (TSXV: JRV; ASX: JRV), owner of the United States’ only cobalt mine, has paused mining, entered bankruptcy proceedings and plans to go private by the end of April. The…
Sandfire America wins water rights ruling in Montana
Sandfire Resources America (TSXV: SFR) has received another positive court ruling in Montana regarding its leasing of mitigation water rights for the Black Butte copper project, which has been challenged…
Mako to acquire Moss gold mine in Arizona
Mako Mining (TSXV: MKO; US-OTC: MAKOF) said this week it intends to acquire the Moss gold mine in Arizona from EG Acquisition, a company established by Mako’s main shareholder, Connecticut-based Wexford Capital. …
Oman exports first copper in 30 years
Oman has sent its first shipment of copper concentrates, resuming exports of the red metal from the sultanate after a three-decade hiatus. The Lasail mine in Sohar, 200 km north…
Nioko’s buyout offer for Hummingbird to be declared unconditional
Nioko Resources’ £13.8 million ($24.6 million) takeover of Hummingbird Resources (AIM: HUM) has moved closer to completion, as the bidder announced its all-cash offer will be declared unconditional upon submission….
Cameco ‘surprised’ by Kazakh foulup suspending Inkai JV uranium output
Cameco’s (TSX: CCO; NYSE: CCJ) Inkai joint venture project in Kazakhstan has suspended uranium production because of a bureaucratic holdup, the Canadian producer said Thursday. The in-situ recovery JV, in…
Gates, Bezos-backed KoBold Metals raises US$537M in race for critical minerals
KoBold Metals has raised US$537 million in its latest funding round as it seeks to become a key player in critical minerals needed for the energy transition. Supported by investors such…
ACG’s US$200M in bonds to finance Turkey copper mine
ACG Metals (LSE: ACG), founded by a mining executive who helped create aluminum giant Rusal, plans to raise US$200 million in bonds to help fund the Turkish copper mine it bought…
Hudbay gains all permits for Copper World in Arizona
Hudbay Minerals‘ (TSX, NYSE: HBM) proposed 85,000-tonne-per-year Copper World project in Arizona is now fully permitted for development after receiving all three key state-level approvals. The Arizona Department of Environmental…
Manganese X secures $2M investment from Sprott
Manganese X Energy (TSXV: MN) has secured a $2-million investment from Canadian mining billionaire Eric Sprott to support its Battery Hill project in New Brunswick. Shares of the manganese developer…