EnCore starts uranium production at second plant in US
The company has become the only uranium producer in the US with multiple production facilities in operation.
United States
Ivanhoe Electric refutes Ma’aden share sale claims
Ivanhoe Electric (NYSE-AM, TSX: IE) addressed on Thursday what it said are misleading media headlines claiming that its joint venture partner, Saudi Arabian miner Ma’aden, planned to sell its shares…
Green bonds grow as financing option
Green bonds are a rising source of funding as project developers widen their search for financing beyond stock markets, according to a panel at a New York mining conference. There…
Zeus resource update IDs higher-grade core at Noram’s lithium clay project
Noram Lithium (TSXV: NRM: US-OTC: NRVTF) gained 27% Thursday after a new resource estimate defined a high-grade core zone at the Zeus project in Nevada’s Clayton Valley. The clay project,…
Nevada Copper files for bankruptcy, names new boss
Cash-strapped miner Nevada Copper (TSX: NCU) has filed for bankruptcy protection under Chapter 11, kicking off a restructuring process that will halt its Pumpkin Hollow mine. President and chief executive,…
Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
Energy Fuels begins commercial production of separated rare earths at White Mesa
Energy Fuels stated this is the first US commercial production of on-spec separated REEs from monazite in decades.
Hudbay, unions reach deal for Arizona copper project
Canada’s Hudbay Minerals (TSX, NYSE: HBM) has reached a labour agreement with union leaders to construct the Copper World mine in Arizona. The agreement marks a key step in the…
Pink sea pigs, transparent sea cucumbers discovered in area targeted by deep-sea miners
A Pacific research expedition found transparent sea cucumbers, bowl-shaped sponges and pink sea pigs among other species in the same area where The Metals Company (NASDAQ: TMC) wants to harvest polymetallic…
B2Gold nets US$90M stake in Versamet after royalty package sale
Canadian gold major B2Gold (TSX: BTO; NYSE-AM: BTG) has agreed to sell a portfolio of 10 precious and base metals revenue shares to Sandbox Royalties, to be renamed Versamet Royalties,…
Nevada Copper plunges as financing stalls
Nevada Copper (TSX: NCU; US-OTC: NEVDF) “significantly scaled down operations” at its Pumpkin Hollow mine after it failed to secure funding and two board members from its leading investor resigned. …
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…