McEwen, Rio Tinto to jointly develop copper project in Nevada
McEwen Copper, a subsidiary of McEwen Mining (TSX: MUX; NYSE: MUX), has inked a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) that gives the global miner an option…
United States
Barrick sells 22 royalties to Maverix Metals for up to US$60 million
Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources’ (TSX: SKE; NYSE: SKE) Eskay Creek…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand. Essential…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
Quebec-focused Patriot Battery Metals rides high on best lithium hit to date
The Toronto-quoted equity of Patriot Battery Metals (TSXV: PMET; OTCQB: PMETF) jumped to a fresh 12-month high on Aug. 31 following the release of the company’s best lithium drill intercept…
Ford asks US government to speed up mining permits
U.S. carmaker Ford Motor Co. (NYSE: F) is asking the Biden administration to speed up the permitting process for mining projects, particularly those targeting critical metals such as lithium, cobalt,…
Junior exploration sector poised for value investment, say analysts
The beaten-down junior mining complex currently sits at an attractive investment entry point as the sector continues to trade lower relative to gold and other equities, Haywood Capital Markets analysts…
Honda to build its first EV battery plant in US with LG
Japan’s Honda Motor and South Korean battery maker LG Energy Solution plan to invest US$4.4 billion to build a new battery production plant for electric vehicles in the U.S. The…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
U.S. markets lose steam during Aug. 22-26 trading week
The Dow Jones Industrial Average fell 1,423.34 points or 4.22% to 32,283.40, and the S&P 500 closed the trading week at 170.82 points or 4.04% lower at 4,057.66. The week’s…
Graphite One prefeasibility outlines US$1.2B capex for Alaska mine and Washington state plant
Graphite One (TSXV: GPH; US-OTC: GPHOF) has released a prefeasibility study on developing a mine at its Graphite Creek property in Alaska and building a battery anode materials manufacturing plant…
Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…