Processing unit of Canada’s only rare earths miner goes bankrupt
MNP will sell the assets and distribute proceeds to creditors
Latest Stories
Argonaut Gold mulls Mexican asset sale to sharpen focus on flagship Magino mine in Ontario
The company is targeting commercial production at Magino by the end of the quarter.
Sigma Lithium questions reporting on Brazil mineral rights ‘injunction’
In Friday's public statement, Sigma reiterated its previous position that the injunction would not hurt its expansion.
Quebec in talks with battery, auto makers for $11bn in EV-related investments
Over the past three years, Quebec has attracted investments from auto and battery makers such as General Motors, POSCO and Ford Motors.
GDX’s chronic undervaluation
The major gold stocks dominating their sector’s flagship GDX ETF have suffered chronic undervaluation over this past year.
Argentina seeks to tax lithium boom to avoid region’s resource curse
Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure.
Bradda Head Lithium triggers royalty payout while boosting grade in Arizona
Company says an updated resource estimate at its Basin project in Arizona has increased its grade by 30% and earned it a $2.5 million royalty payment.
Peru won’t force contested mining projects on communities
Both the Tia Maria project and the Las Bambas copper mine have been heavily opposed by local communities.
US weighing record $1 billion loan for massive lithium mine in Nevada
The Biden administration and Lithium Americas Corp. are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine.
