Uranium Energy to buy Rio Tinto’s Wyoming assets for $175m
Deal includes the fully-licensed Sweetwater plant and would allow Uranium Energy to add 175 million pounds of historic resources.
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Gem Diamonds’ Letšeng mine yields 212-carat stone
It is the 13th diamond over 100-carat unearthed this year at the Lesotho mine.
Rio Tinto chairman warns mining deals won’t solve supply crisis
Rio has been quiet in the dealmaking space, instead allocating hundreds of millions into exploration with a focus on copper and lithium.
Yukon First Nations appeal BMC’s Kudz Ze Kayah project in court
Among the arguments, CBC reported, was the lack of consultation on the project’s economic feasibility.
Vanadium is the new battery cathode chemistry, says Pure Lithium CEO
The company says it has found a way to make lithium metal batteries from scratch going from “from brine to battery” in less than 48 hours.
Urbix gets $125 million government grant for Alabama graphite plant
The plant, already backed by funding from London-based Appian Capital Advisory, is to produce 10,000 tonnes of the anode material a year.
Gold price breaks $2,600 barrier as Fed cut bets prolong historic run
Prices have climbed 27% in 2024, their biggest annual rise since 2010.
Short-seller blasts New Found Gold for lack of resource after drilling
Iceberg Research alleges the company is trying to hide the project’s lack of consistent gold mineralization.
Buy bonds and gold as bubble risk returns, BofA strategist says
It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note.
