Category: Latest Mining News

Energy Fuels (TSX: EFR; NYSE: UUUU) announced on Monday that it has achieved commercial production of separated neodymium-praseodymium (NdPr) at its White Mesa mill in Utah.

Nevada Copper (TSX: NCU; US-OTC: NEVDF) “significantly scaled down operations” at its Pumpkin Hollow mine after it failed to secure funding and two board members from its leading investor resigned.

Cascadia Minerals’ (TSXV: CAM) shares soared on Monday after the junior miner announced a $3.2 million private placement led by Michael Gentile, who plans to raise his stake to 9.99% as one of the Yukon explorer’s largest shareholders.

Endeavour Mining (TSX, LSE: EDV) has begun wet commissioning of its 80%-owned and newly built Lafigué gold mine in Côte d’Ivoire, with production slated to begin in late June.

An update to Winsome Resources‘ (ASX: WR1) Adina lithium project in the Eeyou Istchee James Bay region of Quebec raises the resource estimate by 33% over the previous estimate in 2023.

Shares in Class 1 Nickel and Technologies (CSE: NICO; US-OTC: NICLF) gained 43% Thursday to 20¢ apiece after the company released a second resource update in a month for the Alexo-Dundonald project in northern Ontario.

BHP (ASX: BHP; LSE: BHP; NYSE: BHP) and Australian junior Kingsrose Mining (ASX: KRM) inked on Wednesday two joint agreements to explore and develop nickel and copper assets in Norway and Finland.

Gold Rim Exploration Inc. have announced the appointment of Mr. James Grainger as their Head of Project Development. He will start his employment on June 1st, 2024.

China’s top copper producer Zijin Mining expects to produce 4% more copper in 2025 than previously planned to profit from the metal’s price ongoing rally, driven by anticipated supply shortages.

Australia’s Lucapa Diamond (ASX: LOM) has put its 70% stake in the Mothae mine in Lesotho up for sale to focus on its core assets and is discussing options for the 30% held by the country’s government.

Rio Tinto (ASX: RIO; LSE: RIO) reportedly considered a bid for Anglo American (LSE: AAL) in recent months and the second largest miner has not dismissed the possibility of acquiring a portion or the entirety of the company, now a target of BHP (ASX: BHP).

Brazil-focused Sigma Lithium (TSXV: SGML; NASDAQ: SGML) announced on Wednesday that it has bumped up proven and probable reserves at its flagship Grota do Cirilo hard rock lithium mine by 40.5%. Shares rose slightly.