Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
Metals and Minerals Markets
US and Russia in race to ban uranium trade
The United States Congress is preparing for critical votes on legislation impacting the country’s uranium industry, focusing on the Nuclear Fuel Security Act (NFSA) and a potential ban on Russian…
Double gold mine buy gives Genesis Minerals critical mass Down Under
Genesis Minerals (ASX: GMD), targeting growth in Western Australia, has purchased the Bruno-Lewis and Raeside gold projects from Kin Mining (ASX: KIN) for $48 million (A$53.5 million). The acquisition boosts…
Lithium insights: Interactive map of recent offtake deals
As electric vehicle uptake continues to rise, car companies and original equipment manufacturers (OEMs) are forging new relationships with miners for supplies of lithium needed in EVs. Governments are also…
I-80 Gold reports best drill hits yet at Ruby Hill in Nevada
I-80 Gold (TSX: IAU; US-OTC: IAUCF) said Monday it had struck high-grade polymetallic mineralization at the Ruby Hill property’s Blackjack zone reporting the best assay results on the prospect yet….
Dutch court orders Greenpeace off deep-sea mining vessel amid disputed ocean study
Activists with Greenpeace International have been ordered to vacate a research vessel charted by The Metals Company (NASDAQ: TMC), a pioneer in seafloor polymetallic nodule exploration in the central-eastern Pacific…
Media Luna West drilling points to future Morelos mill feed
Torex Gold Resources (TSX: TXG) has struck a rich vein at Media Luna West, pointing to mine life extension and added mill feed at the Morelos complex in Guerrero, Mexico,…
Q&A: Why the world could be headed towards a ‘minerals famine’
A waiting ‘minerals famine’ and supply chain issues may endanger environmental and technological progress, warns Peter Bryant, chair at Clareo, a strategy consulting firm. A 30-year industry veteran, Bryant says the…
American West samples high-grade copper, gold at Nunavut’s Tempest
American West Metals (ASX: AW1; US-OTC: AWMLF) on Monday reported bonanza-grade copper and zinc grab samples at the Tempest prospect of the Storm project in Nunavut. Samples assayed up to…
NGEx Minerals expands Lunahuasi drill program
Lundin Group copper and gold explorer NGEx Minerals (TSXV: NGEX) said Friday it has restarted and increased the drill rig count at the Lunahuasi project in Argentina to four following…
Empress Royalty buys US$5M Galaxy mine gold stream
Canada’s Empress Royalty (TSXV: EMPR) took a US$5 million gold stream on Golconda Gold’s (TSX: GG) Galaxy mine in South Africa on Friday as part of its expansion and revenue diversification…
Vale expands production capacity at Salobo copper mine
Brazil-based mining giant Vale (NYSE: VALE) has announced that its Salobo mine has reached a capacity of 32 million tonnes per year after completing a successful throughput test for the…