India's Stainless Steel Consumption Up 8% in FY25: ISSDA

The Indian Stainless Steel Development Association (ISSDA) today announced the figures for FY25 stainless steel consumption in India.

Namib Minerals set for Nasdaq debut following SPAC deal

Namib represents the largest African company to go public through an SPAC merger.

Maxus Mining acquires portfolio of antimony and tungsten projects in British Columbia

The antimony projects, Quarry, Hurley and Altura cover approximately 3,700 hectares of terrain and the Lotto tungsten project covers 422 hectares.

EarthLabs Expeditions: First gold pour at revitalized Madsen mine

A rare, unfiltered glimpse into what it takes to bring a historic asset back to life in one of Canada’s richest gold districts.

South32 ups investment in American Eagle Gold

The investment follows American Eagle's recent issuance of shares to complete its option on the NAK copper-gold project.

Silver price soars above $36, its highest in 13 years

The rally, according to analysts, was likely driven by a combination of technical momentum, improving fundamentals and broader investor interest.

Lynas Rare Earths surges as China’s export curbs disrupt auto industry

Shares hit their highest since February 2023 amid rising worries over China’s tightened export controls.

Premier American to buy Nuclear Fuels in $31M deal

Nuclear Fuels is advancing the pre-resource Kaycee uranium project in Wyoming’s Powder River basin.

Barrick’s Loulo-Gounkoto mine faces more legal uncertainty in Mali

A Malian court again delayed ruling on Barrick's gold mine administration.

Meta, Constellation power deal may help uranium miners: analysts

Tech companies such as Meta need vast amounts of energy to operate their data centres and artificial intelligence applications.

Ontario fast-tracks controversial mining law

The Canadian province will have “special economic zones" in which mining projects can be exempted from provincial laws and regulations.

Former De Beers CEOs circle diamond giant as sale nears

Anglo American has reportedly received buyer interest in De Beers from former bosses Gareth Penny and Bruce Cleaver.

India likely to seek removal of US steel tariffs in trade talks rather than immediate retaliation

India may not retaliate immediately against the US over its steep tariffs on steel and aluminum, and may instead seek their removal through the ongoing talks on a bilateral trade agreement (BTA), two people familiar with the matter said.

British Columbia, First Nations partner on land use project plan for resource development  

Premier David Eby has outlined the government’s vision for attracting mining investment to the province, particularly in the mineral-rich northwest. 

Marimaca Copper surges on $17.7M placement with institutional investors

Net proceeds from the offering will be used to advance the company's 100%-owned Marimaca copper project.

Cobalt Holdings drops London IPO plans

The company previously aimed to raise as much as $230 million, which would have been the largest mining IPO in London since 2022.

Hudbay pauses Snow Lake mine in Manitoba due to wildfire

Despite the temporary halt, Hudbay management still expects to achieve its 2025 annual guidance for Manitoba.

EU adds 13 new critical mineral projects abroad

Brussels expands raw materials push amid China's export curbs.

Gold price holds above $3,350 on trade uncertainty, jobs data

Gold is up around 28% this year, just $150 below an all-time high.

Nevada King bumps Atlanta gold project resource by 122%

The Atlanta gold mine project’s overall tonnage in those categories now totals 27.7 million tonnes grading 1.14 grams gold per tonne.

Defense Metals eyes $250M financing for British Columbia rare earth project

Canada’s export credit agency expressed its interest in participating as a mandated lead arranger for the debt financing package.

Gemfields’ Montepuez leads, Kagem lags in 2024 payouts

The Montepuez ruby mine returned 24% of revenue to Mozambique, while Kagem emerald operation contributed only 9% to Zambia.

Abu Dhabi’s IRH buys controlling stake in Alphamin

International Resources Holding is buying a 56% stake in Alphamin to gain access to one of the world’s biggest tin mines.

Mining sector wants action, not promises, says Calibre CFO

Calibre Mining chief financial officer Daniella Dimitrov says Ottawa’s talk on fast-tracking permitting needs action.

India defies global steel slump with 33% output growth since 2019

India is emerging as a global outlier in the steel sector, recording a 33% surge in output between 2019 and 2024, even as global steel production contracted by 1% over the same period. According to a recent report by Jefferies, India stands out as the onl

Barrick CEO talks slimming its gold portfolio

Barrick is positioning itself for a future shaped increasingly by copper, with two key projects to kick off production in 2028.

MTM Critical Metals reports high-grade antimony recovery from US e-waste  

This “urban ore” contained 3.13% antimony, a grade more than three times higher than some of the world’s largest primary deposits, the company said.

Allied Gold to list on NYSE

The stock will trade under the ticker symbol "AAUC", the same as its Toronto-listed shares.

First Quantum faces $20M monthly bill for Panama copper mine care

Panamanian Mining Chamber said cost of care plan could be covered by selling copper concentrate stored at the site.

Mount Etna erupts, unleashing lava – and possibly hidden minerals

The eruption is the most significant Mount Etna has had since 2014.

Graphite One surges on FAST-41 approval for Alaska mine project

FAST-41 is designed to streamline a project's permitting process by improving federal agency coordination and timeliness of environmental reviews.

Energy Fuels shares climb on record uranium output

In May, the Pinyon Plain mine in Arizona produced nearly 260,000 pounds of uranium oxide.

Anglo American plans $26M upgrade for Quellaveco mine

Proposed changes include improving mine access, upgrading water systems, and raising moving of mined material to 150 million tonnes per year.

SolGold to quit Toronto exchange, eyes listing in Australia

The voluntary delisting comes as it aims to start production at its Cascabel project in Ecuador three to four years earlier than expected.

US tariffs on steel, aluminium to have minor impact on India, says minister

Union Minister of Steel and Heavy IndustriesHD Kumaraswamy on Monday said that India is likely to experience only a "minor impact" from the recent US decision to increase tariffs on steel and aluminium imports.

Ivanhoe rebounds on planned partial restart of flooded copper mine

Ivanhoe said its engineering team is working on a dewatering plan that would see the western side of the mine to return to operations later this month.

Mali court postpones ruling on Barrick’s Loulo-Gounkoto gold complex

A Malian court has, for the third time, postponed a hearing on whether to place the complex under provisional administration.

Gold price surges near one-month peak as geopolitical risks mount

Spot gold surged 2.6% to its highest since the first week of May.

Copper price jumps on weaker dollar and tariff fears

The rally followed Trump’s announcement that the US will double tariffs on steel and aluminum to 50%.

Silver price marches past $34 on renewed trade tensions

The metal rallied over 4% as markets digested a potential re-escalation in Sino-American trade conflicts.

Teck halts Chile copper mine for one month

The unplanned downtime could reduce Teck's 2025 EBITDA by less than C$20 million, says analyst.

Bolivian court pauses Chinese, Russian lithium deals

The deals aimed to establish direct lithium extraction facilities in Salar de Uyuni in southwest Bolivia.

Ontario First Nations groups slam mining-focused Bill 5

The proposed law aims to accelerate mining development and create First Nations-led special economic zones such as for the Ring of Fire.

AngloGold sells Brazil’s Serra Grande mine to Aura for $76M

Mineração Serra Grande mine, one of AngloGold’s smaller and higher-cost operations, produced 80,000 ounces of gold in 2024.

ioneer quadruples Rhyolite Ridge reserves, costs double

Reserves increase and extended mine life come with a higher price tag: capital expenditure more than doubled to $1.67 billion.

India may escape impact of US steel tariff hike, but global fallout looms

In a move aimed at shielding American manufacturers, US President Donald Trump has announced that tariffs on imported steel and aluminium will double to 50 per cent, beginning June 4.

Lynas signs deal to secure rare earth feed in Malaysia

Lynas inked an MoU with Menteri Besar, the strategic investment arm of Malaysia’s Kelantan state, to jointly support the growth of the nation's rare earth industry.

Japan proposes rare earth cooperation with US in trade talks

The Yomiuri Shimbun, citing its sources, said the Japanese government is considering providing technical support for the processing and refining of minerals.

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