Court approves $105M borrowing to fund Yukon Eagle mine cleanup
A court has raised PricewaterhouseCoopers’ (PwC) borrowing limit to $105 million to fund the cleanup of Victoria Gold’s Eagle mine in Yukon as costs are said to range from $100…
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Unrest pushes Syrah Resources to declare ‘force majeure’ at Mozambique graphite mine
Allegations of fraud in Mozambique’s general elections in early October have ignited protests and paralyzed mining operations across the country, including Syrah Resources’ (ASX: SYR) Balama graphite operation in the…
Canada Nickel secures $20M investment from Taykwa Tagamou Nation
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has received a $20 million investment from Taykwa Tagamou Nation, a Cree First Nation in northern Ontario. This is believed to be the first…
Bunker Hill delays restart of historic silver mine in Idaho after costs swell
The proposed restart of the iconic Bunker Hill silver-lead-zinc mine in Idaho has been delayed until at least the second quarter of 2025 after its developer, Bunker Hill Mining (TSXV:…
Americans fund Fireweed’s NWT tungsten project
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) on Friday secured millions in U.S. and Canadian critical minerals project funding. The U.S. Department of Defense invested about US$15.8 million (about $22.5 million)…
Fireweed’s strong zinc hits at Boundary zone close out 2024 drilling in Yukon
The last holes of Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) drill program this year at its Macpass project in eastern Yukon have returned high-grade results that point to the exploration…
Australia’s $281B nuke plan to change uranium mining
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($281 billion) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s…
London Symposium Video: Sustainability innovations are reshaping mining, London panel hears
A renewed focus on sustainable industry is driving innovation to achieve it, a panel heard early this month in London. Dundee Sustainable Technologies (CSE: DST) vice president Brent Johnson spoke…
JV Article: SLB launches ‘well-to-product’ lithium production service
SLB, a global energy technology company, is advancing sustainable energy solutions by introducing a new production service for the lithium brine sector. Developed at SLB’s demonstration plant in Clayton Valley,…
O3 Mining shares surge on $204M Agnico Eagle takeover offer
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it for about $204 million. The…
Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina
Rincon is the company’s first commercial-scale lithium operation.
Economics, not regulation, the main reason behind delay in BC’s mines, study shows
Contrary to popular perception, stringent regulation may not be the biggest factor behind the delay of mining projects in British Columbia, according to a new study published in the Royal…