Risks rise in Mali as junta holds Resolute CEO
Shares in Resolute Mining (ASX: RSG; LSE: RSG) lost a third of their value on Monday after the Australian gold miner said Mali’s military government detained CEO Terence Holohan and two senior…
News
Copper price, stocks hammered as Trump tariff, China worries mount
December copper came under renewed pressure on Monday, falling some 1.7% to under US$4.23 per lb. (US$9,320 per tonne) in afternoon trading on the CME in Chicago, bringing losses since…
Suitors circle American Eagle Gold as South32 takes 19.9% stake
South32 (ASX: S32) is shelling out $29.2 million for a 19.9% interest in American Eagle Gold (TSXV: AE), which is in the third year of drilling at its NAK copper-gold discovery in…
Ascot seeks TSX exemption for $52M financing to revive Premier
Ascot Resources (TSX: AOT; US-OTC: AOTVF) said on Monday it’s applied to the Toronto Stock Exchange for a financial hardship exemption with respect to its recently proposed financing for its Premier…
Fasken named global mining law firm of the year
Fasken has received two awards at the Lexology Index (formerly Who’s Who Legal) Awards in London. For the 16th time, the firm was recognized as the world’s top Global Mining…
Infographic: Following uranium production and price trends in the US
The United States was the world’s leading producer of uranium until the 1980s. Though today other countries such as Kazakhstan, Namibia and Canada top the rankings of producers, the rise…
How oil and gas will fare in the Trump era
Trump is back, and the threat of tariffs looms large over China’s economy. On Wednesday, base and precious metal prices took a dive. Resource markets are deeply concerned about Trump’s…
Uranium Energy’s Roughrider project in Saskatchewan valued near $1B after $150M buy
Uranium Energy‘s (NYSE-A: UEC) Roughrider project in northern Saskatchewan aims to be a high-margin producer with one of the lowest capital spending profiles in Canada, according to an initial economic…
Ross Beaty to receive TNM’s lifetime achievement award
Ross Beaty flipped the laptop around and pointed its camera to the sea. “That’s a whale-watching boat,” the veteran mining entrepreneur said from Bowen Island near Vancouver. “There’s been a…
Australia’s Global Lithium raises alarm over potential foreign takeover
Australia’s Global Lithium Resources (ASX: GL1) is seeking to postpone its upcoming annual shareholder meeting until March due to concerns over a potential breach of foreign ownership rules. The West…
Osisko Development’s Cariboo gold project faces legal threat as Xatśūll demand consent
The Xatśūll First Nation may sue the British Columbia government and Osisko Development (TSXV: ODV; NYSE: ODV) if its concerns aren’t addressed in the permitting process for the Cariboo gold…
Regis Resources sues Australian minister over blocked gold mine
Regis Resources (ASX: RRL) has initiated legal proceedings to overturn a federal minister’s decision that halted its US$1-billion McPhillamys gold and silver project in New South Wales, Australia. In August,…