The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital…
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Talon shares surge on ‘historic’ sulphide discovery
Rio Tinto (ASX: RIO)-backed Talon Metals (TSX: TLO) announced on Monday it has made a “historic” discovery at the Tamarack nickel-copper project in central Minnesota….
Early-stage Orca to squeeze ore from seaweed
Marine cultivator Blue Evolution launched Orca Minerals last week in a bid to harvest scandium, palladium and rare earths from seaweed farms. Orca, located in…
Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s…
Nova Scotians show support for critical minerals mining
As Canada faces rising economic pressures with the trade threats from the Trump administration, a new poll shows broad support among Nova Scotians for expanding…
Sibanye’s Finland lithium project cost rises 17%
South African miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has raised the projected cost of its Keliber lithium project in Finland by 17% to €783 million…
South32’s fast-tracked Hermosa goes before public
South32’s (ASX: S32) proposed zinc-manganese Hermosa mine in Arizona reached a permitting milestone on Friday following the release of its draft environmental impact statement by…
Opinion: What about processing in this nuclear boom?
A few months ago, I joined a group of farmers discussing Saskatchewan’s modular nuclear reactor proposal. I supported the idea but raised a simple question:…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays…
Missiles to MRIs need metal’s highest-grade US deposit
U.S. Critical Materials has confirmed what it calls the highest-grade deposit of neodymium, a rare earth element used in electric motors, ever reported in the…
Rare 10-carat blue diamond could fetch $20M
A rare 10-carat blue fancy diamond could fetch up to $20 million (C$27.8 million) when it goes before bidders in Geneva on May 13, auction…
Gold comes from neutron star explosions: study
The true origins of the Earth’s heaviest elements like gold have eluded astrophysicists for decades. The prevailing scientific view is that neutron star collisions created…