June 11, 2024

Elliott steps in to back faltering Canadian copper miner after bankruptcy

Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one.

June 11, 2024

Group Eleven shares leap on high-grade zinc-lead hits at Ballywire in Ireland

One hole returned 29.6 metres grading 4% zinc, 6.6% lead, 78 grams silver per tonne and 0.15% copper from 283.4 metres depth.

June 11, 2024

Lawsuit targets Adventus and Salazar’s Ecuador project permit

A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project.

June 10, 2024

Canada adds high-purity iron, phosphorus, silicon metal to critical minerals list

The list now identifies 34 minerals and metals deemed essential to the country’s economic or national security.

June 10, 2024

Premium Nickel upsizes Botswana financing to $20 million

The upsized financing represents nearly double the initial offering amount.

June 10, 2024

Palamina to buy Aurania’s Peru unit to boost copper assets

The move will give Palamina access to strategic copper and silver projects in the country, including the Vicus Pluma project.

June 10, 2024

Electra gets Canadian gov’t funding for critical minerals recycling project

The company is accelerating the next phase of its recycling project to demonstrate that its hydrometallurgical black mass process is scalable, profitable, and can be implemented at other locations.

June 10, 2024

Nevada Copper files for bankruptcy, names new top boss

It has also halted its Pumpkin Hollow copper mine in Nevada and named Tom Albanese, its lead independent director, as the new chairperson.

June 9, 2024

World Bank tribunal rules against Canadian miner in legal dispute with Colombia

The International Centre for Settlement of Investment Disputes found that the mining ban on the Santurbán moor does not violate the Canada-Colombia Free Trade Agreement.

June 9, 2024

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Researchers recommend that governments legislate to ban new fossil fuel projects.