Hudbay snags $600M investment for Arizona copper project
Deal hands Mitsubishi a 30% stake in Hudbay's Copper World project, sharply reducing its upfront funding needs.
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Peninsula Energy’s processing plant at Wyoming uranium project gets state approval
The Lance project represents one of the largest US uranium projects in size and scale, with a defined resource of 58 million lb. of uranium oxide.
Evolution Mining eyes more copper deals
Net income for the year to June rose 119% from the 12 months before.
Aclara Resources, Virginia Tech launch rare earth separation pilot plant
The facility, the company said, will produce over 99.5% pure didymium terbium and dysprosium from Brazil-sourced feedstock.
Samarco gets court approval to exit bankruptcy proceedings
The proceedings were triggered by a 2015 dam collapse near the Brazilian city of Mariana, which halted operations for several years.
US sanctions armed group, Hong Kong firms over Congo mining
The Treasury Department said it was sanctioning the PARECO-FF, which it said controlled mining sites in Rubaya from 2022 to 2024.
Uzbek gold miner said to eye $20 billion value in dual listing
Navoi Mining & Metallurgical Co. describes itself as the world’s fourth-largest gold miner, making around $4 billion in operating profit last year.
Seabridge drills long copper-gold intervals at Snip North
Snip North is about 30 km by air from KSM, which means it could potentially benefit from that project’s proposed development and infrastructure.
US rare earth magnet startup raises $65M to scale up production
North Carolina-based Vulcan Elements is producing high-performance rare earth magnets at its manufacturing plant in Research Triangle Park.