Elon Musk says buying a mining company ‘not out of the question’
Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not “out of the question” for the company to enter the mining business, as the world’s largest electric vehicle…
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Aton’s shares rise on gold-silver-zinc intercept from Rodruin in Egypt
Shares of Aton Resources (TSXV: AAN) reached their highest value in three years as the company reported its latest drill results from its Rodruin gold exploration project in eastern Egypt. …
Argentina expects US$4.2B investment in its lithium sector
Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000…
The Northern Miner Podcast – episode 290: Cameco warns of uranium supply shock with ‘geopolitical realignment in the nuclear fuel cycle’
This week’s episode features Cameco’s Q1 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as driven strongly by “security supply concerns.” He also discusses…
Mining Indaba: Marampa Mines commissions 3.25mtpa iron ore expansion
The Gerald Group-owned Marampa Mines Limited has commissioned a 3.25 million tonnes per annum expansion of the namesake iron ore mine in Sierra Leone. The expansion follows a restart of…
No trace of missing workers from Trevali’s flood-hit mine after three weeks
Trevali Mining (TSX: TV; US-OTC: TREVF) has said that it is yet to locate or communicate with the eight underground miners who went missing on Apr. 16 at its Perkoa…
Mining Indaba: Bristow pleads with African miners to create ‘partnerships for prosperity’
A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark…
US markets fall during May 2-6 trading week
The Dow Jones Industrial Average fell 162.13 points or 0.49% to 32,899.37 and the S&P 500 fell 32.04 points or 0.77% over the week to 4,123.34. Shares of Cameco fell…
TSX falls during May 2-6 trading week
Over the May 2-6 trading period, the S&P/TSX Composite Index inched 58.94 points or 0.28% lower, to 20,633.28. The S&P/TSX Global Mining Index lost2.83 points or 2.52% to 112.16 and…
TSX Venture ends May 2-6 session lower
The S&P/TSX Venture Composite Index retreated by 44.46 points or 5.5% over the May 2-6 trading session to end at 769.97. Vancouver-based Chesapeake Gold rose 17¢ to close the week…
Imperial Metals speeds up work to reopen Mount Polley copper mine
Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a…
Mining Indaba: First Quantum pulls trigger on US$1.3B Kansanshi expansion
The board of First Quantum Minerals (TSX: FM) has resolved to proceed with a US$1.3 billion expansion of the company’s cornerstone Kansanshi copper mine in Zambia, including the Enterprise nickel…