USA Rare Earth to raise $3.1B as US takes 10% stake
The United States government is acquiring 10% of USA Rare Earth (Nasdaq: USAR) – its fourth equity stake in a miner since last July – as part of about $1.6-billion…
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Zijin agrees to buy Canada’s Allied Gold for $4B in cash
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…
Ex-Barrick Hemlo logs high-grade gold in new zone
Hemlo Mining (TSXV: HMMC) said new drilling at its namesake mine in Ontario yielded high-grade gold in a new area of the property. Highlight hole 6702503 cut almost 11 metres…
Gold’s the 5% hedge, not a trade: Kevin O’Leary
To Kevin O’Leary, investing in gold is straightforward: own it, size it sensibly, and treat it as long-term portfolio insurance—especially when politics and markets get messy. Recently, the Canadian businessman…
Vale says rains overflow Brazil mine pit
Vale (NYSE: VALE) said sediment-laden water overflowed from a pit at the Fábrica iron ore mine in Brazil’s Minas Gerais State early Sunday morning. No injuries occurred and the incident…
Pope Leo XIV urges ethical mining in Vatican talks
Pope Leo XIV met senior mining and energy executives at the Vatican on Saturday to press for more ethical approaches to resource extraction, signalling a shift in tone between the…
JV video: Retrofits can disarm diesel rules
Underground mines are scrambling to curb diesel exhaust as exposure limits tighten, workings go deeper and investors push for lower emissions without denting output, Mammoth Equipment and Exhaust group marketing…
JV Article: Drilling, feasibility work sharpen Spanish Mountain case
Spanish Mountain Gold (TSXV: SPA; US-OTC: SPAUF) says new drilling along the Orca Fault has returned broad, near-surface gold intercepts above the current resource grade at its Cariboo project in…
Treasure Hunt Video: MPP hails coin sleuths in Cobalt
Ontario Member of Provincial Parliament John Vanthof rallied for mining at the legislature after one of The Northern Miner’s Great Canadian Treasure Hunt prizes was found near Cobalt, close to…
JV article: Clean Air Metals project is a ‘Made in Canada’ solution
Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) is advancing one of the rare primary platinum resources outside of South Africa at its Thunder Bay project in northern Ontario. The platinum-palladium-copper-nickel project, 40…
Novagold’s Donlin costs, net value jump in update
Novagold Resources (TSX: NG) says inflationary pressures mean its Donlin Gold project in Alaska will probably cost $9.2 billion (C$12.6 billion) – a 25% increase – while the value of…
Silver breaks $100 as gold nears $5,000
Silver sold for more than $100 an oz. for the first time on Friday amid surging demand for haven assets and strong buying in retail markets from Shanghai to New…