Vizsla agrees to buy Mexican silver-gold project near Panuco
Based on Wednesday’s New York Stock Exchange closing price, the deal for the production concessions is worth about $8.6 million.
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Tungsten prices hit 12-year high as China tightens export controls
China supplies over 80% of the world’s tungsten.
Ucore gets additional $18.4M Pentagon funding for Louisiana rare earth plant
Facility will be commissioned in stages, with production scaling up from 2,000 tonnes per annum initially.
Ferrexpo unit faces bankruptcy proceedings in Ukraine
Ferrexpo has been battling legal disputes in Ukraine since 2022.
China’s output cap to underpin aluminum despite trade wars
China's output is constrained by a government cap of 45 million tons per year, a limit introduced in 2017 to curb overcapacity.
Permit delays stall Kodal’s lithium exports in Mali
Over 20,000 tonnes of lithium concentrate from the Bougouni mine in Mali are ready for delivery, but export is stalled due to permit issues.
Agnico Eagle raises Foran stake in $64M strategic deal
Private placement, part of Foran’s C$350M financing, includes support from Canada Growth Fund and Fairfax Financial Holdings.
Palladium market seen moving to balance after years of deficit, says Johnson Matthey
For palladium, robust growth in Chinese automotive recycling will boost secondary supply by 4%, it says.
Morgan Stanley hires Goldman’s metals and mining head
David Hammond will rejoin Morgan Stanley later this year as a managing director focused on metals, mining and basic materials.