Rio Tinto takes option on more James Bay lithium properties

In a development that underscores the growing global demand for critical minerals, mining giant Rio Tinto has set its sights on Quebec’s Eeyou Istchee James Bay region. Through its subsidiary Rio... 

Artemis reduces staff at Blackwater due to wildfires

TSX-V-listed Artemis Gold has temporarily reduced the number of nonessential staff and contractors at the Blackwater mine, in central British Columbia, owing to wildfires in the region. About 20... 

Rusoro gets green light to seize State oil company’s assets

nadian junior Rusoro Mining has achieved a significant appellate victory in the long-standing dispute to enforce an arbitration award it obtained against Venezuela, arising out the expropriation of... 

Hudbay and Marubeni to revitalise exploration efforts in Flin Flon

Canadian miner Hudbay Minerals has announced a partnership with Marubeni to reignite exploration activities in Flin Flon, Manitoba. Following the closure of its 777 mine after nearly two decades... 

Paladin aborts sale of Canada exploration project

Uranium miner Paladin Energy will retain its 75% interest in the Michelin joint venture (JV), in Labrador, Canada, after failing to secure an offer that is deemed to be acceptable. This follows a... 

Pure-play nickel company makes NYSE debut

Nickel exploration, development and technology company Lifezone Metals marked its entry into the NYSE on Thursday, after successfully completing a business combination with special purpose... 

Artemis receives Fisheries Act authorisation for BC mine

TSX-V-listed Artemis Gold has received the Fisheries Act authorisation for the development of its Blackwater mine, south-west of Prince George. This enables the company to start in-stream... 

Seabridge sells $150m secured note to Sprott

Project developer Seabridge Gold subsidiary KSM Mining has closed the sale of a $150-million secured note to Sprott Resource Streaming and Royalty. The funds $150-million, which equates to about... 

BC ports strike dealing a blow to Canada’s mining reputation, warns MAC

The strike by workers at some of British Columbia’s busiest ports continued into its fourth day on Tuesday, prompting growing apprehension from the Mining Association of Canada (MAC). The MAC has... 

Glencore moves to take full control of Minnesota copper developer

Diversified mining major Glencore has made a move to acquire the rest of PolyMetal, a mine developer that owns a 50:50 joint venture (JV) with Teck Resources in Minnesota, US. The commodities... 

Endeavour sells noncore Burkina Faso mines for $300m

London- and Toronto-listed Endeavour Mining sold its Boungou and Wahgnion mines, in Burkina Faso, for $300-million, as part of its strategy to focus on higher quality assets. The mines, deemed... 

South African mining veteran to reopen Canada fluorspar mine

The insolvent St Lawrence fluorspar mine, in Newfoundland, has a new owner and could reopen before the end of the year. Luxembourg-headquartered African Minerals Exploration and Development Funds... 

Integra’s Wildcat and Mountain View projects show promising potential for Nevada operations

Project developer Integra Resources has announced promising results from the preliminary economic assessment (PEA) for the Wildcat and Mountain View projects, in Nevada’s Great Basin – the first... 

Wallbridge delivers PEA for ‘highly desired’ 200 000 oz/y Fenelon

Toronto-listed Wallbridge Mining has unveiled the results of a preliminary economic assessment (PEA) on its still growing Fenelon gold project along the Detour-Fenelon gold trend, in Quebec. The... 

Glencore takes a stake in Stillwater Critical Minerals

The share price of Stillwater Critical Minerals surged by one third on Friday, after the Montana-focused company announced a 9.99% strategic investment by commodities major Glencore. Glencore has... 

B2Gold adds C$90m to capex of its first mine in Canada

Toronto-listed miner B2Gold has earmarked an additional C$90-million for the construction of its first mine in Canada, bringing the Goose project’s total capital expenditure to C$890-million. The... 

LithiumBank proposes 31Mt/y LHM project in Alberta

Resource development firm LithiumBank has unveiled the results of its preliminary economic assessment (PEA) for the Boardwalk lithium-brine project, which could deliver North America’s biggest... 

Savannah working to close market valuation gap

London-listed lithium mine developer Savannah Resources is hard at work to close the market valuation gap that exists between the company and some of its lithium peers, says chairperson Matthew... 

Newmont pushes out Peru investment decision by two years

Top gold producer Newmont on Tuesday announced that it would defer the full-funds investment decision for the Yanacocha Sulphides project, in Peru, for at least two years to advance its portfolio... 

Lithium One-Norris Lithium merger sets stage for growth in Quebec, Ontario

Canadian exploration junior Lithium One Metals on Monday announced that it would acquire fellow junior Norris Lithium, with the combined entity set to benefit from the creatin of a large land... 

Hudbay consolidates the Snow Lake camp

Canadian miner Hyudbay Minerals has announced a $13-million transaction to buy exploration firm Rockcliff Metals, which is its joint venture partner on the Talbot project and also owns six... 

Casa Berardi restarts as Quebec restrictions ease

The Casa Berardi will restart operations on Thursday, following the partial lifting of Quebec’s ban on access to the road to the mine. NYSE-listed Hecla Mining temporarily suspended operations at... 

Chaarat still trying to secure funding for Tulkubash

London Aim-quoted gold miner Chaarat Gold has still not pinned down finance for its Tulkubash development project, in Kyrgyzstan. Chaarat has been ready to start work on the $115-million project... 

Rio Tinto takes option on James Bay lithium projects

Canadian explorer Midland Exploration has executed a new option agreement totalling up to C$65.5-million with Rio Tinto Exploration Canada (RTEC) for several project in the James Bay region showing... 

South African mining veteran to reopen Canada fluorspar mine

The insolvent St Lawrence fluorspar mine, in Newfoundland, has a new owner and could reopen before the end of the year. Luxembourg-headquartered African Minerals Exploration and Development Funds... 

DFS validates Osino’s plans for Namibia gold mine

The Twin Hills gold project, in Namibia’s prospective Damara mineral belt, has been validated as a “very robust, cash generative project that will deliver outstanding returns”, Osino Resources... 

Caucharí-Olaroz achieves initial lithium production

Toronto- and New York-listed Lithium Americas on Monday reported that the Caucharí-Olaroz project, in Argentina, had produced its first lower-than-battery-quality lithium carbonate as part of... 

Minto closure sinks Pembridge  

London-listed Pembridge Resources has been formally placed into creditors’ voluntary liquidation and the company will apply to be delisted. Shareholders resolved at a meeting on Monday to place... 

C$1.4bn smelter upgrade Rio Tinto's biggest aluminium investment in more than a decade

Diversified major Rio Tinto on Monday announced a C$1.4-billion expansion of its AP60 aluminium smelter at the Complexe Jonquière, in Quebec – its most significant investment in its aluminium... 

Take no action, Alpha Lithium tells shareholders

Canada-based Alpha Lithium on Friday confirmed that it had received an unsolicited takeover bid from TechEnergy Lithium Canada – a new subsidiary of Spanish firm Tecpetrol Investments – and urged... 

Volynets' ACG partners with Glencore, VW, Stellantis to buy Brazil nickel mines for $1bn

London-listed ACG Acquisition Company, a special purpose acquisition company (SPAC) headed by industry veteran Artem Volynets, will buy two Brazilian nickel mines for $1-billion, as the company... 

Glencore offers to buy Teck’s steelmaking coal business

Diversified major Glencore has offered to buy Canadian miner Teck Resources’ steelmaking coal business, Elkview Resources (EVR), the companies confirmed on Monday. This comes as Teck has twice... 

Tecpetrol initiates all-cash offer for Alpha Lithium

Tecpetrol Investments on Thursday formally initiated its previously announced all-cash offer to acquire Canada-headquartered Alpha Ltihium. The notice and advertisement of the offer, which... 

Strike shuts Newmont’s Peñasquito mine

Gold major Newmont on Thursday announced it had suspended operations at the Peñasquito mine, in Mexico, citing labour strike action. The NYSE- and TSX-listed miner said the National Union of Mine... 

Wesdome suspends Kiena work on forest fire smoke risk

Underground activities and surface exploration work at the Kiena mine, in Val d’Or, have been temporarily suspended, owing to the forest fires that are burning in Quebec. Chairperson and interim... 

Ford fortifies EV plans with flurry of lithium supply agreements

US automotive giant Ford Motor Company on Monday announced several agreements to secure supplies of battery-grade lithium products in a move to derisk and scale its electric vehicles (EVs)... 

Sleeping Giant can quickly become Quebec’s next gold producer -  Abcourt

Gold mining company Abcourt Mines has announced positive results of an independent preliminary economic assessment (PEA) for its Sleeping Giant project, a past-producing mine in the greenstone belt... 

CAT Strategic Metals to spin off uranium project

Plans for a new publicly traded uranium company are taking shape as the board of CAT Strategic Metals approved a spin-off of its South Preston uranium project, in Canada’s Athabasca basin. The... 

West Red Lake appoints new CEO as it buys Madsen

TSX-V-listed West Red Lake Gold Mines, which is buying the Madsen gold mine in Ontario, has appointed Shane Williams as president and CEO, succeeding Tom Meredith, who becomes executive... 

Forest fires disrupt Quebec mining and exploration activity

Several mining and exploration companies operating in Quebec have temporarily suspended their operations, as the Canadian province struggles to battle more than 160 forest fires during what...