Ganfeng, Lithium Argentina in $1.8B project merger
The partners aim to produce up to 150,000 tonnes per year of lithium carbonate equivalent (LCE) in three phases of 50,000 tonnes each.
M&A, Financing and Restructuring
Argenta’s El Quevar shines with 18,467 grams silver hit
Argenta Silver (TSXV: AGAG) has delivered one of the year’s most eye‑popping silver assays at El Quevar in Salta, Argentina, cutting 18,467 grams silver per tonne over 1.05 metres. The…
Hudbay soars on 30% Mitsubishi deal for Copper World
Hudbay Minerals’ (TSX, NYSE: HBM) shares skyrocketed to their highest level in more than a decade after it reached a $600-million (C$826.1-million) deal with Mitsubishi that hands the Japanese conglomerate…
Canada, US fund $29M for Canuck tungsten
Northcliff Resources (TSX: NCF) received an $8.2 million (US$6 million) investment from the Canadian government this week to help advance its Sisson tungsten-molybdenum project in New Brunswick. The sum adds…
Deficit math shows gold’s not done, Rule says
By Henry Lazenby in Boca Raton, Florida Rick Rule has an axiom for mining investors facing turbulent markets: “You are either a contrarian or you’re going to be a victim.” …
Canada’s Voisey’s Bay, Sudbury expansions boost Vale nickel, copper output
Vale’s (NYSE: VALE) Canada operations led its second-quarter performance with a 44% rise in nickel output at Voisey’s Bay in Labrador and higher output at its Sudbury operations. Nickel sales…
Ivanhoe’s Friedland raises Kamoa-Kakula cost outlook
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has started a second stage of dewatering Kamoa-Kakula, Africa’s largest copper operation, but increased its production cash cost forecast by 12%. Two submersible…
Adriatic lifts output, trims forecast pre-Dundee M&A
Adriatic Metals (ASX, LSE: ADT) reported strong gains in silver and gold production in the second quarter even as it lowered full-year projections ahead of its planned acquisition by Dundee…
Torex Gold buys Prime in $449M Mexico expansion
Torex Gold Resources (TSX: TXG), the largest gold producer in Mexico, is acquiring Prime Mining (TSX: PRYM; US-OTC: PRMNF) and its primary Los Reyes gold-silver project in Sinaloa in an…
Gem Diamonds to cut jobs amid industry collapse
Gem Diamonds (LSE: GEMD) has become the latest casualty in a deepening crisis engulfing the global diamond industry, announcing sweeping cost-cutting measures as the market buckles under falling prices and…
Video: Bravo eyes PFS for $1.2B nickel-platinum mine
Bravo Mining’s (TSX.V: BRVO, US-OTC: BRVMF) Luanga nickel-platinum project in Pará, Brazil, has a solid investment case, president Simon Mottram says in a new video interview. A preliminary economic assessment…
Sibanye buys US precious metals recycler Metallix
South Africa’s Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) plans to acquire Metallix Refining, a U.S-based precious metals recycler with two processing and recycling plants in North Carolina, for $82 million. Metallix,…