SOQUEM, a subsidiary of provincial government corporation Investissement Quebec, has signed a letter of intent with Vior Inc. (TSXV: VIO; US-OTC: VIORF) on the junior's Skyfall nickel project in the province's Abitibi Greenstone Belt, 150 km east of Lebel-Sur-Quevillon and 102 km south of Chapais.Under the LOI, SOQUEM has the option to acquire 50% of Skyfall and Vior will own the remainder and bec...Read More

Foran Mining (TSXV: FOM; US-OTC: FMCXF) says it will use a US$150 million loan from Sprott Resource Lending to help construct its McIlvenna Bay copper project in Saskatchewan. The funding from Toronto-based Sprott joins $200 million proposed by the Ontario Teachers' Pension Plan, which was announced in August and should be approved "in due course," Foran said in a news release on Wednesday. Th...Read More

Finland's Terrafame will start recovering natural uranium as a byproduct of zinc and nickel production at its Sotkamo mine by mid 2024.The miner, in which the Finnish state has a 67.1% stake and commodities trader Trafigura holds a 31.1% interest, is aiming to produce 200 tonnes per year by 2026, it said on Wednesday.Terrafame, formerly known as Talvivaara, intends to refine the uranium into y...Read More

Earlier this month Orezone Gold (TSX: ORE; US-OTC: ORZCF) kicked off commercial production at its open pit Bombore gold mine in central Burkina Faso, but its drills continue to explore the underlying sulphides at the mine for a larger Phase II expansion.The company is undertaking a 77,000-metre infill and expansion drill program at the mine, 85 km east of the capital city of Ouagadougou, and once...Read More

Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has started commissioning the first module of the production plant - the Greentech Plant - at its 100%-owned Grota do Cirilo lithium project in Minas Gerais, Brazil.The Canadian miner said the dry module crushing circuit began operating on time and within budget, adding it expected the full plant to be up and running by February 2023.Commissioning on the...Read More

The Kingdom of Saudi Arabia is gearing up for the 2023 edition of the Future Minerals Forum (FMF), one year after the inaugural conference was held. The forum, scheduled for Jan. 10-12 in the capital Riyadh, aims to further discussions among industry players on the growing demand for critical minerals as the world seeks solutions to climate change. It also seeks to accelerate the exploration an...Read More

My father doesn't want anyone to know what he does for work.He's not embarrassed; there's nothing embarrassing about the job.He doesn't work for the government. His job doesn't involve keeping secrets.And there's nothing illegal about his work. I wouldn't be writing about it if there were.If you asked him, he'd tell you he has a "construction job," but that's only half of the truth.What he wants t...Read More

Have you the time to scour 4,155 pages - finely printed and single-spaced - within the span of three days?If so we would dispatch you at once to Washington.There you can announce the full contents of the $1.7 trillion omnibus bill, so-called, under present consideration by the United States Senate.Released Tuesday morning, it must face a vote by midnight Friday - else the federal government "shuts...Read More

(IDEX Online) - A jeweler in India has created a crocodile necklace, studded with 8,000 natural diamonds and 7,000 other gemstones.It was among the highlights at the Gems & Jewellery Manufacturers Show in Surat, which ended yesterday.Samir Mehta, of the Surat-based jewelry manufacturer Arete Virtue, said the necklace was made of 330 grammes of gold and had a $36,000 price tag."We've had m...Read More

(IDEX Online) - Amnesty International is calling on the government in Sierra Leone to address concerns over the impact of a diamond mine on a neighboring community.It claims their lives are being blighted by blasting operations and by water pollution caused by Meya Mining.Residents are "forced to evacuate their homes and take shelter in the different structures made by the company until the b...Read More

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDUsing Primetals and voestalpine's technologies and FMG's iron ore, the target is to design an engineer a net-zero emission industrial-scale prototy...Read More

Conuma will pay Teck $120 million in cash in staged payments over the next 36 months, and an ongoing 25% net profits interest royalty, first payable after Conuma recovers its investment in Quintette.Read More

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDOn November 18, OZ agreed to grant BHP four weeks of due diligence access after BHP increased its non-binding indicative proposal from $25 per shar...Read More

This week's episode features geopolitical and natural resource commentator Paul from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses the major themes of 2022, including the global move towards multipolarity, the EU's energy crisis, the war in Ukraine, the increasing importance of gold, and further developments in BRICS+. He also discusses the diminishing sense of tr...Read More

Taseko Mines (TSX: TKO) shares rocketed by 23% today on news that it has partnered with Mitsui to develop the Florence copper project, located in Arizona.Mitsui has committed to an initial investment of US$50 million to be used for construction. The initial investment will be in the form of a copper stream agreement on 2.67% of the copper produced at Florence.While the project has attracted cont...Read More

Shares in Iamgold (TSX: IMG; NYSE: IAG) shot up 25% on Tuesday after it sold its latest portion of nearly US$1 billion in assets to build the C??t?(C) gold project in northern Ontario. The Toronto-based miner and developer said today it's selling its exploration and developments assets in Senegal, Mali and Guinea to Casablanca, Morocco-based Managem for US$282 million. On Monday it agreed to s...Read More

Nevada Lithium Resources (TSXV: NVLH; OTCQB: NVLHF) and Iconic Minerals (TSX-V: ICM; OTCQB: BVTEF) say drill results from their Bonnie Claire Lithium joint venture in Nevada show near-surface strong grades. Drill hole BC2202C cut 600.46 metres from surface grading 1,157 parts per million (ppm) lithium, including 121.92 metres from 6.1 metres depth grading 753 ppm lithium, and 298.7 metres from...Read More

Shares in Emerita Resources (TSXV: EMO; OTCQB: EMOTF) rose 7% on Tuesday after it reported drill results at its Iberian Belt West base metals project in Spain and said it will publish an initial mineral resource estimate by May. Drill hole LR057 at the La Romanera deposit cut 25.1 metres from 328.8 metres depth grading 0.3% copper, 1.5% lead, 6% zinc, 0.74 gram per tonne gold and 82 grams silver...Read More

Lithium Americas (TSX: LAC; NYSE: LAC) is buying all the shares it does not already own of fellow Canadian Arena Minerals (TSXV: AN) in a deal that gives the Vancouver-based lithium miner further access to the Pastos Grandes basin in Argentina.The transaction, which values the target company at US$227 million, will see Arena's shareholders receive 0.0226 of a Lithium Americas common share for each...Read More

Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada's largest diversified miner, has reached a deal to sell its closed Quintette steelmaking coal mine to Conuma Resources for US$120 million cash.The asset, in northeast British Columbia, has been shuttered since 2000, after being in operation for 18 years.Teck said Conuma Resources, a Canadian steelmaking coal producer, will also pay an ongoi...Read More