Northern Dynasty’s Pebble copper mine gains more time
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) will have to wait until the end of the week to hear the US Army Corps of Engineers’ comment on future plans regarding…
United States
Glencore grabs 10% of Stillwater Critical Minerals
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) has welcomed Glencore Canada as a major investor to help advance its portfolio of nickel exploration and development projects in North America. Under…
Albemarle becomes first lithium firm to complete responsible mining audit
Albemarle (NYSE: ALB), the world’s largest lithium miner, has become the first producer of the battery metal to complete and independent third-party audit under the rigorous standard set by the Initiative…
Rio Tinto invests US$498M in Kennecott copper underground
Rio Tinto (ASX: RIO) is strengthening its position in the U.S. copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah. Underground production will be increased,…
Mining deal-making declines, but Beaty and others see opportunities
As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions. They say share prices are reasonable or low for…
TSXV edges higher during June 12-16 trading week
The S&P/TSX Venture Composite Index gained 3.5 points or 0.6% over the June 12-16 trading session to end at 613.82. This week’s top value gainer was Los Andes Copper which…
TSX closes higher during June 12-16 trading week
Over the June 12-16 trading period, the S&P/ TSX Composite Index inched 83.31 points or 0.42% higher, to 19,975.37. The S&P/TSX Global Mining Index gained 2.26 points or 2.1% to…
Albemarle to buy Lithium Power’s Australian unit
The miner scrapped the planned demerger of its Western Australian lithium assets in favour of a $21 million (A$30m) sale of the three projects to the US giant.
Global Copper Snapshot: Eight companies keen to plug the copper supply gap
Copper is critical for a lower carbon future but as deposits are becoming harder to find and a supply deficit looms, miners are keen to find new sources of the…
Chile offers lithium policy details; to tender permits in first half of 2024
Almost two months after Chile first announced a national lithium strategy, the government has published a 33-page document providing details on the policy’s objectives, schedule and main expected milestones. Copper…
Ivanhoe Mines invests in pulsed-power tech firm
Canada’s Ivanhoe Mines (TSX: IVN) has reached a deal to convert a loan balance of $76 million owed by High Power Exploration (HPX) into an equity investment in I-Pulse, HPX’s parent…
Hudbay Minerals, Copper Mountain shareholders approve merger
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC) shareholders have approved the resolutions required to complete their planned merger. The deal hands Hudbay the Copper Mountain…