Zanaga Iron lines up $25M in deal with Red Arc
Binding term sheet offers staged funding, a path to majority control of the Zanaga project in DRC, and a 1% royalty.
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Mexico says five missing staff from Canadian miner are dead
The Attorney General’s Office said in a statement Monday that officials had also discovered five other bodies in the state.
OSMRE grants nearly $120M to reclaim abandoned US coal mines
There are estimated to be as many as 500,000 abandoned coal mines in the United States.
British Columbia appealing court ruling on Indigenous consultation for mining rights
DRIPA, passed in 2019, requires aligning provincial laws with UNDRIP principles.
Australian lithium miner PLS Group signs supply deal with China’s Canmax
Company has signed an offtake deal to supply 150,000 tonnes of spodumene concentrate for two year.
Roundup Video: Revival Gold focuses on Utah restart
The developer holds about 6 million oz. of gold resources across Mercur in Utah and Beartrack-Arnett in Idaho and is targeting more than 160,000 oz. of annual production.
Roundup Video: BC moves to restore permitting certainty
The province is backing the change with C$3 million in new funding.
Elevra, Mangrove Lithium ink offtake MoU for NAL project in Quebec
The companies intend to negotiate an agreement under which Elevra could supply up to 144,000 tonnes per year of spodumene concentrate.
Scientist still diving at 90 says deep-sea mining won’t succeed
“Going up in space is relatively easy compared to going deep into the ocean,” said Sylvia Earle.
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