December 20, 2022

Morocco’s Managem acquires Iamgold assets in Senegal, Mali and Guinea

Managem, which operates in six African countries, is controlled by the royal family holding company Al Mada.

December 20, 2022

Lithium Americas buys Arena Minerals in $227 million deal

Deal seeks to combine two neighbouring lithium projects operated by the companies in the Pastos Grandes basin in Argentina.

December 20, 2022

IAMGOLD gets $340 million funding from Sumitomo for Côté gold project; stock jumps

IAMGOLD will remain the operator of the Côté gold project in Ontario.

December 20, 2022

Teck sells closed Quintette coal mine for $120 million

The buyer, Conuma Resources, is a steelmaking coal producer based in northeast British Columbia, where the mine is located.

December 19, 2022

Australia expects sharp lithium price pullback in 2024

Record spot prices will lift contract values for lithium miners next year but a surge in production to over 1 million tonnes by 2024 will put downward pressure on prices,…

December 19, 2022

Ivanhoe Mines hits back at Sentry, Globe and Mail reports on police search of Vancouver office

Police searched the miner's office in November 2021 seeking information on $2.7 million in bank transfers from Ivanhoe to a Swiss bank account in connection with contracts for its Congolese…

December 19, 2022

Canada Nickel acquires former Texmont nickel mine

The historic mine is situated between the company’s Deloro and Sothman properties south of Timmins, Ontario.

December 19, 2022

Toronto hedge fund surges 39% on lithium bets

The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium.

December 19, 2022

Perpetua awarded up to $24.8m under US Defense Production Act; stock jumps

The DPA funding allows the company to advance the construction readiness of the Stibnite project while the company continues through the ongoing permitting process.

December 19, 2022

Trevali sells stake in Namibia’s Rosh Pinah mine to Appian

The embattled Canadian miner is also trying to sell its Caribou zinc mine, in the home country, as part of a court-sanctioned sales process.