Foran’s $150m loan helps nearly cover McIlvenna Bay copper project cost in Saskatchewan
The financing will almost cover the estimated C$368 million cost to build the project.
Latest Stories
Does Elon Musk still want to be the CEO of Tesla?
“Of course, I prefer Elon to be CEO but he abandoned Tesla,” Leo KoGuan, one of Tesla’s biggest individual shareholders, tweeted last week.
Gold price holds gains driven by fallout from surprise BOJ yield pivot
Gold steadied after rallying on Tuesday as the Bank of Japan’s unexpected yield-curve-control policy rattled markets and weighed on the dollar.
UEC wins $17.8m award from Department of Energy to supply uranium concentrates
The US nuclear reactor fleet, which provides about 20% of America's electricity production and over half of its clean energy, imports nearly 60% of its current uranium requirements from Russia, Kazakhstan and Uzbekistan.
Ivanhoe Mines confirms link to Congo aide in copper corruption case
Ivanhoe struck a deal last year with Vidiye Tshimanga, a top aide to Congo’s President Felix Tshisekedi, the firm said in a statement on Dec. 14.
Indonesia confirms bauxite export ban to proceed as scheduled
The measure, which led to a dispute at the World Trade Organization, also helped boost the value of Indonesia's exports.
Researchers chart environmentally friendlier methods to produce nitrogen fertilizer
Scientists are proposing the idea of ditching coal and natural gas to produce nitrogen fertilizer.
Terrafame to start mining uranium in Finland by mid-2024
The miner will extract uranium as a byproduct of zinc and nickel production and aims to produce 200 tonnes per year by 2026.
Sigma Lithium begins Brazil mine plant commissioning
Sigma expects the Grota do Cirilo lithium mine plant to be fully operational by April 2023, which is when commercial production is slated to begin.