QazMoly nears $240M US funding for tungsten project in Kazakhstan
Kazakh company QazMoly said it could get as much as $240 million (C$328 million) in United States funding to develop its Drozhilov project in Kazakhstan if a deal can be…
United States
Gunnison Copper lifts project value near $2B
Gunnison Copper (TSX: GCU; US-OTC: GCUMF) updated a preliminary economic assessment (PEA) for its namesake project in Arizona, increasing the value by half and advancing towards prefeasibility, permitting and financing….
Nevada tops Fraser survey as Ontario, Saskatchewan rise
Nevada has dislodged Finland as the best jurisdiction for mining investment globally while two Canadian provinces – Ontario and Saskatchewan – have climbed into the top three, a new survey…
MP Materials builds $1.25B Texas magnet plant
MP Materials (NYSE: MP) is due to break ground within days on a billion-dollar rare earth magnet manufacturing campus near Dallas. The $1.25-billion project, dubbed 10X, is expected to “dramatically…
PDAC due for investor surge as mining ‘has its moment’
A buoyant BMO metals conference this week marked by rising prices, disciplined miners and renewed deal talk is setting the stage for the world’s largest mining convention starting Sunday in…
Chile’s right-wing pivot puts mining policy under microscope
Chile is entering a new political phase as a right-wing government prepares to take office, putting mining policy under renewed scrutiny in the world’s largest copper-producing country. In recent years,…
Hycroft Mining extends climb on Sprott share buy
Hycroft Mining Holding (Nasdaq: HYMC) soared for a second straight day Wednesday after a securities filing revealed that Canadian billionaire Eric Sprott has continued to buy the stock despite its…
Emirates Global, Century Aluminum to build first US smelter in 50 years
The project, named Oklahoma Primary Aluminum, is expected to double US primary production.
Roundup Video: Relevant Gold drills Wyoming’s long-ignored gold belt
Relevant Gold (TSXV: RGC; US-OTC: RGCCF) plans a 20,000-metre drill campaign this year as it tries to prove up what CEO Rob Bergmann calls an “American Abitibi” – a largely…
Faraday jumps on Lundin-, BHP-backed $100M deal
Faraday Copper (TSX: FDY) is raising $100 million (US$73 million) through a private placement backed by the Lundin Family Trusts and BHP Group (ASX: BHP) to fund the ongoing development…
Update gives Century Lithium’s Angel Island $4B value
An updated feasibility study for Century Lithium’s (TSXV: LCE; US-OTC: CYDVF) Angel Island claystone project in Nevada significantly improves its economics over a previous study and positions it near the…
US tariffs ruling seen having limited impact on Canada
Friday’s United States Supreme Court ruling on tariffs leaves Canada largely unaffected as sector-specific duties remain in place, St. Louis-based investment bank Edward Jones says. The Supreme Court struck down…