BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and U.S.-based…
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Trapper emerges as Saga’s top titanium-vanadium plot
Initial drilling by Saga Metals (TSXV: SAGA; US-OTC: SAGMF) at its Radar iron-titanium-vanadium project in Labrador is revealing high grades at shallow depths that show its Trapper target rivals the…
NorthWest Copper finds shallow copper, gold in B.C.
NorthWest Copper (TSX-V: NWST) says drilling at its main Kwanika project in British Columbia yielded near-surface copper and gold in two different zones. Hole K-25-287 cut 47.5 metres grading 1.22%…
London Symposium video: McEwen touts Milei boost for Los Azules copper
Argentina’s pro-business shift under President Javier Milei makes it easier to move McEwen’s (NYSE, TSX: MUX) $3.1-billion (C$4.3 billion) Los Azules copper project towards construction, founder Rob McEwen says, provided…
Largo to sell Brazil iron ore for $56M
Largo (TSX, Nasdaq: LGO) has received a binding term sheet for the potential sale of iron ore calcine, a byproduct of its vanadium mining operations in Brazil. The term sheet…
London Symposium: Ontario’s focus on fast-track, refining wins industry praise
Ontario’s push to OK major projects in less than two years and keep more mineral processing at home stunned industry heavyweights at The Northern Miner’s International Metals Symposium in London. “We’re moving with speed,” provincial Energy and Mines Minister Stephen Lecce…
Ivanhoe starts copper smelter output in Congo
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has officially begun copper anode production at Kamoa-Kakula’s state-of-the-art, direct-to-blister smelter in the Democratic Republic of the Congo. First production occurred on Dec. 29,…
Editorial: London calling
The title track of The Clash’s 1979 album borrows the urgency of a BBC global news broadcast, the ones that used to proclaim “this is London calling.” The song is…
Axis sues Guinea for $29B over bauxite permit
United Arab Emirates-based bauxite producer Axis International has filed a $28.9-billion arbitration claim against Guinea at a World Bank tribunal after the government revoked its mining permit in May. Axis…
London Symposium video: Rick Rule on gold
The surging gold price over the past two years marks a catch-up based on a bull market going back to 2000 that few recognized then, veteran investor Rick Rule says…
London Symposium video: Gold has room to run
The sustained gold price could attract a new wave of retail investors including cryptocurrency backers and technology stock holders, gold company executives say in a new video. Bullion touched a…
London Symposium video: Canada needs ‘1939 moment’
Canada should re-take its crown as a global metals producer and rise to the challenge of the green energy transition by investing in smelting and critical mineral capacity, according to…