Tracking the lithium offtake deal landscape worldwide
Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects. Here’s a look at some…
United States
Federal critical mineral research needs more cash, hears US House committee
U.S. critical mineral supply chains need more funding if national security needs are to be met, says GreenMet CEO Drew Horn. Horne was one of five witnesses giving testimony during…
Northern Dynasty closes $23M in financings to support Pebble project
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) has closed its recently announced convertible note and private placement financings for respective totals of US$15 million and $3.42 million, which the company…
US and Russia in race to ban uranium trade
The United States Congress is preparing for critical votes on legislation impacting the country’s uranium industry, focusing on the Nuclear Fuel Security Act (NFSA) and a potential ban on Russian…
Can beaten-up junior miners fight illegal short-selling?
Terry Lynch began to notice unusual price movements in Power Nickel (TSXV: PNPN; US-OTC: PNPNF)’s stock (then called Chilean Metals) years ago. The shares consistently traded down at the end…
Explainer: Naked short selling
This “explainer” is intended to supplement to this recently published story on illegal short selling. Covered vs. naked “Covered” short selling is a legal way to profit in a falling…
TechMet urges UK to catch up in critical minerals race
Britain is falling behind European and North American peers in securing local sources of critical minerals, which threatens to hit the car industry the hardest, a government report warns. Successive…
Rio Tinto’s Nuton, Arizona Sonoran Copper ink option to earn 40% on Cactus project
Arizona Sonoran Copper (TSX: ASCU) stock closed 10% higher in Toronto Thursday after the company signed a deal that could make a Rio Tinto (LSE: RIO; ASX: RIO) subsidiary a…
Gates, Bezos-backed KoBold Metals in four-continent quest for lithium
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has launched a four-continent search for lithium, the coveted metal used in batteries that power electric…
Barrick gets go ahead for Goldrush mine ramp-up
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday the US Bureau of Land Management has approved the company’s plan of operations for its Goldrush underground mine at the Cortez…
Global gold snapshot: Eight companies exploring the world for the yellow metal
As gold prices reach historic highs of US$2,019 per oz., exploration companies are pursuing the yellow metal from up and down the Americas to Down Under. Here’s an overview of…
ASX-listed Boss Energy buys stake in enCore uranium project for US$70M
EnCore Energy (TSXV: EU; NYSE-AM: EU) is selling 30% of its Alta Mesa project in South Texas to Australia’s Boss Energy (ASX: BOE) for US$70 million. EnCore acquired Alta Mesa from…