First Majestic buys Nevada gold mine from Sprott
First Majestic is paying $470 million in shares for the Jerritt Canyon mine, plus five million share purchase warrants.
Latest Stories
Russel: Iron ore demand recovering outside China, but will it be enough?
The price of spot iron ore for delivery to north China has fallen in recent sessions as the market struggles to work through a competing series of both bullish and bearish factors.
As Glencore walks, Colombia envisages decades of coal mining
The South American nation better known for its coffee and crude is also a major supplier to European coal-fired power plants.
Green hydrogen key to decarbonising mining – report
Fitch says growing use of green hydrogen will increase players’ social licenses to operate and financing options by meeting rising ESG standards.
Cobalt, nickel free electric car batteries are a runaway success
Few months in, LFP Model 3 already commands 5% of global EV market, counts for 21% of Tesla battery capacity hitting roads–even before key patent expiry next year.
Rio Tinto inks deal to sell first batch of scandium alloy from North America
The scandium oxide will be supplied from a new plant the global miner is building in Quebec.
EU plans to make battery cells for 7m EV cars by 2025 – Handelsblatt
As part of its plan to become climate neutral by 2050, the EU wants to boost local production of battery cells to power clean vehicles without relying on imports, especially from China.
Franco-Nevada posts record results, grows royalty portfolio
The company closed out the year with no debt, $534.2 million of cash and equivalents and $1.9 billion in available capital.
7 Questions with Oxygen Capital’s Mark O’Dea
The Oxygen group created Fronteer Gold, which was sold to Newmont for $2.3 billion in 2011.
