Gold selloff opens door to investors: BofA
Gold’s recent selloff has opened up a new opportunity for investors, though patience may be required for the precious metal to weather the storm created by the current macro environment…
United States
US sanctions shut Canada’s largest cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep the Alberta plant running. The…
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5 billion in loans to accelerate…
Hyundai backs ioneer’s Nevada lithium-boron project
Shares in Australian lithium developer ioneer (ASX: INR) gained this week after securing support from two South Korean engineering and infrastructure groups for its Rhyolite Ridge project in Nevada, a…
Deutsche Bank cuts gold price target by 22%
Deutsche Bank has become the latest major institution to revise down its near-term target for gold prices amid concerns over inflation and high interest rates. In a note published Tuesday,…
BHP, Rio test electric trucks to cut iron ore emissions
Industry leaders begin testing electric haul trucks as mining seeks to cut emissions at scale.
China blacklists US firms in rare earths war
China has imposed export controls on two American rare earth companies central to U.S. efforts to build alternative supply chains for critical minerals used in advanced manufacturing and defence. MP…
EnCore OK’d to build South Dakota’s first uranium mine tapping underground brine
After more than a decade of local opposition, enCore Energy (Nasdaq: EU; TSXV: EU) has received federal approval to start building its Dewey Burdock project in southwest South Dakota, advancing…
Energy Fuels lands $725M Pentagon loan for rare earths
Energy Fuels (NYSE: UUUU; TSX: EFR) shares jumped on Thursday after the U.S. Department of Defense announced a conditional loan commitment of up to $725 million to expand the company’s…
Kristi Noem joins B.C copper junior as advisor
Kristi Noem, the former U.S. Secretary for Homeland Security, is entering the mining space as an advisor to a British Columbia-based junior. NovaRed Mining (CSE: NRED), which holds two early-stage…
Allseas ocean bottom mining contract violates UN law, Greenpeace-backed prof says
Plans by Swiss-Dutch offshore energy giant Allseas to operate deep-sea mining machinery for The Metals Company (Nasdaq: TMC) have “directly violated” the UN’s Law of the Sea, a legal analysis…
Podcast: Gold bull market still intact, ft CPM Group’s Jeffrey Christian
This week’s episode features CPM Group Managing Partner Jeffrey Christian in conversation with host Adrian Pocobelli. Christian discusses the outlook for gold, currencies, and energy markets, explaining why he says…