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NEWS Click on text to read news by category: General | Product | People | Worldwide

Ionic Rare Earths Provisionally Granted Mining License for Makuutu Rare Earths Project, Uganda

January 5, 2024

Ionic Rare Earths Ltd. has been provisionally granted the Makuutu Central Zone large scale mining license (LML) over retention license (RL), pending receipt of formally signed documents and gazetting in Uganda. The license clears the way for mining at the

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Seabridge Appoints Ryan Hoel as President and COO, Tracey Meintjes as Senior VP Technical Services

January 4, 2024

The Seabridge Gold has appointed Ryan Hoel, P.E. as president and chief operating officer and Tracey Meintjes is the senior vice president, Technical Services. Ryan Hoel joined Seabridge in September 2021 as vice president, Projects to lead the substantially started

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Highland Copper Releases Economic Contribution Analysis for Its Copperwood Project, Michigan

January 4, 2024

Highland Copper Company has completed the Economic Contribution Analysis for the Copperwood Project.  The company retained Public Sector Consultants (PSC) out of Lansing, Michigan to perform the analysis. The analysis is based on expenditure projections from the Copperwood Project feasibility

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LG Chem Takes Leap as Top Cathode Supplier in U.S. with Groundbreaking of Tennessee Plant

January 4, 2024

LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for

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Adventus Mining Clears Final Consultation Phase Clearing Way for Environmental Permit, Ecuador

January 4, 2024

Adventus Mining is inching closer to the construction phase of its El Domo-Curipamba Copper Gold Project in Ecuador, revealing it has completed the final consultation phase of the environmental consultation process with high local approval. The project, which is said

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Galiano Gold to Acquire Gold Fields Stake in Asanko Mine for $170 Million, Ghana

January 4, 2024

Galiano Gold has entered into a binding share purchase agreement (SPA) with subsidiaries of Gold Fields Limited to acquire Gold Fields’ 45 percent interest in the Asanko Gold Mine (AGM). The two companies currently hold 45 percent stake each in

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Paramount Gold Secures $15 Million to Fund Continued Permitting for Grassy Mountain Mine, Oregon

January 3, 2024

Paramount Gold Nevada has closed on $15 million financing with Sprott Resource and Streaming Royalty Corp. through the issuance of a non-dilutive secured royalty convertible note (RCN). The proceeds of the financing will be used to fund the continued permitting

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Agnico Eagle Acquires 12% Stake in Canada Nickel for $23.1 Million

January 3, 2024

Canada Nickel Company is raising funds via a flow through financing. In a rare positive end-of-year news release, it was disclosed that Agnico Eagle Mines has acquired a large stake in the nickel explorer. Rather than purchase units direct from

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Burley Minerals to Acquire Five Lithium Projects from Aurora Lithium in Manitoba, Canada

January 3, 2024

Burley Minerals, an Australian minerals explorer, has announced its intent to acquire five lithium projects in Manitoba, Canada from Aurora Lithium. In this connection, the company has entered into a binding heads of agreement with the vendors of Aurora Lithium.

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Orano Mining to Establish Mongolia’s First Uranium Mining and Processing Venture

January 3, 2024

Mongolia’s exports are 90 percent dependent on natural resource extraction. In October 2023, during a state visit to France, Mongolian President Ukhnaa Khurelsukh signed a landmark agreement that paved the way for a US$1.7 billion investment by French government-owned Orano

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