January 3, 2025

White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands

Biden's decision to block the sale of US Steel was not about slighting Japan, it said.

January 3, 2025

Sandfire America wins water rights ruling in Montana

The Montana Supreme Court has affirmed a 2023 district court ruling on its determination of "beneficial use of water" with a 5-2 decision.

January 3, 2025

Nippon Steel to sue US government over blocked US Steel deal

US President Joe Biden has blocked the $14.1 billion sale.

January 3, 2025

JV Video: Osisko Metals adds Burzynski, $69m copper project funding

Osisko is progressing its Gaspé copper project in Quebec with new financing and a board now featuring industry heavyweight John Burzynski.

January 3, 2025

JV Video: Mandalay Resources seeks to become a mid-tier gold producer

Toronto-based Mandalay has used revenue from its Bjorkdal gold mine in Sweden and Costerfield gold and antimony mine in Australia to accumulate $55 million in cash.

January 3, 2025

Nioko’s buyout offer for Hummingbird to be declared unconditional

Nioko, which holds approximately 41.81% of Hummingbird’s share capital, will submit the revised offer before Jan. 13.

January 2, 2025

Mako to acquire Moss gold mine in Arizona

The price is in the range of $4.9 million up to $6.4 million cash.

January 2, 2025

Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment

The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said.

January 2, 2025

Chinese firm to build Guinea’s biggest alumina processing plant

The refinery will have the capacity to produce 1.2 million tons of alumina per year by the end of 2027.

January 2, 2025

China flexes lithium dominance with plans for tech-export curbs

Beijing proposes including battery cathode material preparation technology to its catalog of applications that are subject to export bans or restrictions.