Ucore to start rare earth output at Louisiana plant next May The company is transforming an 80,000 square-foot building on a former Air Force base into an $80 million plant for rare earth magnet materials. Bloomberg News | July 16, 2025 | 11:10 am
Citi sees $40 silver soon, but cautious on gold The bank also has a price target of $43 for the next six to 12 months. Staff Writer | July 16, 2025 | 10:23 am
Burgundy in trading halt ahead of key Ekati mine update Some Ekati workers were reportedly instructed not to travel to the remote site in Canada’s Northwest Territories this week, fuelling speculation about the mine's future. Staff Writer | July 16, 2025 | 10:13 am
Botswana-focused NexMetals Mining lists on NASDAQ NexMetals' main assets are two past-producing nickel-copper-cobalt mines in Botswana. Staff Writer | July 16, 2025 | 9:30 am
Vedanta’s Zambia copper unit will revamp smelter to boost output The company had pledged to invest more than $1.2 billion over five years to upgrade the Konkola operations and pay creditors. Bloomberg News | July 16, 2025 | 8:45 am
AngloGold buys Augusta Gold in Nevada push The all-cash deal is worth about C$152 million ($111 million). Frédéric Tomesco - The Northern Miner | July 16, 2025 | 8:30 am
Newmont nets $470M from selling Greatland, Discovery Silver stakes Newmont said that with the share sales, it now expects to generate $3 billion in after-tax cash proceeds from its divestiture program in 2025. Staff Writer | July 16, 2025 | 8:20 am
Sandvik says it mitigated tariffs in second quarter as orders beat expectations The United States accounted for more than 14% of group revenue last year. Reuters | July 16, 2025 | 7:31 am
Aura Minerals plans to raise over $196 million in US IPO Aura said that it intends to use the proceeds from the IPO for exploration activities. Reuters | July 16, 2025 | 7:27 am