October 14, 2024

Sibanye-Stillwater faces $522 million compensation claim over scrapped mine deal

The South African miner must compensate Appian for the losses that arose after it did not buy two Brazilian nickel and copper mines.

October 14, 2024

Value of top 50 mining companies jumps to second highest on record

World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost. 

October 9, 2024

US Strategic Metals, Stillwater Critical Minerals enter MOU

USSM plans to mine what it considers to be the largest cobalt reserve in North America.

October 2, 2024

Costco adds platinum bars to precious metals offering

The new offering comes at a time when platinum is struggling to match the performance of gold.

October 1, 2024

Teck options Canterra project in Ring of Fire

Canterra calls this area of the James Bay Lowlands ‘largely unexplored’ due to limited bedrock exposure.

September 23, 2024

Canada to invest $42 million in Yukon, Northern British Columbia mining infrastructure

The C$60 million in funding will be divided between two key infrastructure projects for critical minerals mining,

September 19, 2024

CHART: Global mining and metals – a quick reality check

Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion global industry.  

September 17, 2024

Magna Mining PEA update hikes return five-fold for Crean Hill nickel project

The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million.

September 12, 2024

Sibanye to slash output to turn around US palladium mines

The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast.

September 12, 2024

South Africa’s platinum output back to pre-covid levels on job cuts

The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices.