Keyword: "minerals"

Mining News Pro - First Quantum Minerals shares were up 17% on Thursday after Pangaea Investment Management, a firm backed by Chinese state-owned Jiangxi Copper upped its stake in the Canadian miner.

Mining News Pro - Uranium One Group (U1G), a subsidiary of Russia’s state nuclear company Rosatom, has signed a deal with Canada’s Wealth Minerals (CVE: WML) to buy up to a 51% interest in the company’s Atacama lithium project, located in Chile’s northern Antofagasta region.

Mining News Pro - Nine years after the implementation of a law requiring publicly traded companies to ensure their raw materials don’t come from mines that use child labour or fund warlords or corrupt soldiers, companies’ efforts to comply continue to fall short.

Mining News Pro - Canada’s Fortune Minerals Ltd said on Thursday it would shelve plans to upsize its early-stage cobalt mine in the country’s far north while it continues to hunt for a strategic partner.

Mining News Pro - In a small shack overlooking muddy pits hewn out of eastern Congo’s rolling green hills, a government official puts a barcoded tag on a sack of ore rich in tantalum, a rare metal widely used in smartphones.

Mining News Pro - The US government is stepping up efforts to break China’s dominance over supplies of critical minerals for a range of modern life’s aspects, including electric vehicles (EVs), green technologies and military applications by launching a plan to boost lithium, cobalt and rare earths mining across the globe.

Mining News Pro - The United States on Thursday said nine countries have joined its initiative to help discover and develop reserves of minerals used to make electric vehicles, part of an effort to cut the world’s reliance on China for the high-tech materials.

Mining News Pro - Sirius Minerals, the British company building a huge fertilizer mine beneath a national park, lost more than half of its market value on Tuesday after it announced it had cancelled plans to raise the $500 million needed to move ahead with the Woodsmith project.

Mining News Pro - Indonesia, which is weighing an early ban on exports of bauxite and copper concentrates, is betting on Chinese companies to add to the billions of dollars of investment in building smelters and processing plants.

Mining News Pro - China’s largest lithium battery maker has bought an 8.5% stake in Australian miner Pilbara Minerals (ASX:PLS), both companies said on Thursday, after falling prices caused mainly by oversupply drove the lithium producer to raise equity to fund working capital.

Mining News Pro - Australia’s Northern Minerals Ltd said on Monday it has signed a rare earths supply agreement with Germany’s Thyssenkrupp AG, just days after terminating a deal with China’s Lianyugang Zeyu New Materials Sales Co.

Mining News Pro - Shares in Sirius Minerals (LON:SXX), the British company building a huge fertilizer mine beneath a national park, plummeted on Tuesday after it suspended a planned $500 million bond sale, which was a key part of the funding necessary for its polyhalite mining project.

Mining News Pro - RNC Minerals (TSX: RNX) filed on Thursday the updated NI 43-101 technical report for its Dumont nickel-cobalt joint venture project in Canada’s Quebec province, taking another step closer to advancing the project to construction.

Mining News Pro - Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced Wednesday that Alan Hair had stepped down as its chief executive officer after more than 20 years with the company.

Mining News Pro - Minotaur Exploration has reported drill assays for 13 more holes from its 2019 drill campaign at the Jericho deposit on behalf of the site’s joint venture (JV) with OZ Minerals.

Mining News Pro - OZ Minerals is embarking on an energy-focused project with six other notable industry organisations called the Energy and Mining Collaboration (EMC).

Mining News Pro - Pilbara Minerals has achieved record production at its Pilgangoora lithium-tantalum project in Western Australia during May with its stage one plant capacity reaching 85 per cent.

Mining News Pro - Shares of RNC Minerals (TSX: RNX) soared by over 22% on Thursday — taking the stock to over C$0.50 for the first time in two months — after another high-grade gold discovery yesterday at its Beta Hunt mine in Western Australia. This is the second discovery of significance at Beta Hunt in the past nine months.

Mining News Pro - The latest feasibility study on RNC Minerals’ jointly-owned Dumont nickel-cobalt asset in Quebec, Canada, has identified the potential for both electrification and automation of the open-pit haulage fleet at the project.

Mining News Pro - Republican senators led by Lisa Murkowski has introduced bipartisan legislation to secure mineral resources and supply chains, reducing reliance on foreign sources. The new legislation – the American Minerals Security Act – listed lithium, graphite, cobalt and nickel as "critical minerals" to the auto and energy industries.

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