Lithium prices up 88% in 2021
Lithium prices continue to rise exponentially in China on the back of heavy demand for lithium iron phosphate (LFP) batteries, the first ever mid-month assessment by battery supply chain research…
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Kirkland Lake drills wide gold intervals outside Detour Lake resources
Drilling targeting underexplored areas around the Detour Lake pits at Kirkland Lake Gold’s (TSX: KL; NYSE: KL) Detour Lake property returned wide and high-grade gold intervals. The miner is completing…
Gran Colombia offers $315M in friendly, all-share offer for Gold X
Gran Colombia Gold (TSX: GCM) is acquiring Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was…
Evolution to acquire Battle North in $343M all-cash deal
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…
Mick Davis launches US$300 million battery metals SPAC
Former Xstrata boss Mick Davis’ newly founded battery metals investment firm Vision Blue Resources is stepping up efforts to reach the goal of becoming a battery metals giant by launching…
Marathon infills Berry zone ahead of resource estimate
With a resource estimate for the Berry zone at Marathon Gold’s (TSX: MOZ) Valentine gold project underway, the company recently released assay results from its 2021 drilling for seven holes…
Sudan to reopen gold mines once linked to warlord’s family
The North Darfur mines were handed over to the government in May 2020.
Fortescue fast-tracks zero emissions target to 2030
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about two decades earlier than its…
Newmont to buy GT Gold
Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…
PDAC: Embracing ESG can offer greater access to lower-cost capital, says Sprott’s Daniella Dimitrov
Mineral exploration and mining companies that incorporate environmental, social, and governance (ESG) principles as “true value drivers” as part of their corporate culture will outperform and have greater access to more…
First Majestic buys Nevada gold mine from Sprott
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
Wheaton enjoys record 2020 revenue of $1.1B
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million…