mining

Australian lithium producer Liontown Resources (OTC:LINRF) has signed a $250 million strategic partnership with South Korean battery producer LG Energy Solution. This strategic partnership aims to secure a steady supply of lithium, a critical material for electric vehicles and other green...

The Biden Administration has officially halted plans for the Ambler Road in Alaska, a decision that significantly impedes potential mining developments in the region. Announced initially in April, the move aims to protect the environment and uphold the interests of local communities. "Today, my...

Canadian miner First Quantum Minerals (OTC:FQVL) will initiate formal arbitration proceedings against Panama in July over the closure of the Cobre Panama mine last November. With 3.0 billion tons of proven and probable reserves, Cobre Panama is one of the largest new copper mines opened globally in...

WASHINGTON — An executive from Glencore ADR (OTC:GLNCY) and other experts at a mining conference this month pointed to a sluggish permitting system for holding back the U.S. battery materials supply chain. While there has been some success downstream with gigafactories and cathode business, "the U....

The United States is set to invest up to $2.7 billion in domestically-supplied enriched uranium to bolster the supply chain for nuclear reactor fuel and reduce reliance on Russian imports. This initiative follows legislation signed by President Joe Biden in May, which also banned imports of...

Denison Mines Corp (NYSE:DNN), a Canadian uranium exploration, development and production company, recently earned a Strong Buy recommendation from technical analyst Clive Maund. The company is poised to become a "low-cost uranium producer in the coming years," according to Roth Capital Partners....

Lundin Mining (OTC:LUNMF) announced a $350 million investment to boost its ownership in the Caserones copper-molybdenum mine in Chile to 70%. After acquiring control of the mine in March 2023, the Canadian miner is now exercising a right to expand its stake, boosting its copper and rare metal...

WASHINGTON — Lithium prices could rise by more than 60% to hit $20,000 per metric ton, privately held mining exploration and services company GeoXplore Corp.'s CEO Clive Ashworth said at a mining conference this month. After reaching a record around $80,000 per metric ton in China in 2022, lithium...

BMO Capital Markets analyst Raj Ray upgraded Gold Fields Limited (NYSE:GFI) to Market Perform from Underperform and slightly increased the price target to $14.00 (from $13.50). The bullish stance reflects revised gold price forecasts released today. Since early February, Gold Fields’...

WASHINGTON — Australia-listed Chariot Corp.‘s early-stage strategy for lithium development in the United States involves acquiring extensive land holdings. The company has 3,634 claims in Wyoming, Nevada and Oregon, a number it says is more than any other lithium company in the United States...

Japanese researchers uncovered over 200 million tons of rare earth metals in the seabed near the remote island of Minamitorishima. What Happened: The team, comprised of experts from the University of Tokyo and the Nippon Foundation, revealed that depths of about 5,500 meters contain substantial...

The leading global miner, BHP Group Ltd (NYSE:BHP), has announced an anticipated increase in operational carbon emissions for 2024. Vice President for Climate Graham Winkleman revealed the news during an investor briefing on Wednesday. Despite this setback, BHP remains committed to reducing its...

Alex Wylie is the driving force behind Volt Lithium (OTC:VLTLF). The company specializes in sourcing a key metal for the green energy transition. "I always thought I'd like to be the CEO of an international company,” Wyle tells Benzinga. “That's why I got my CPA. You need to understand...

WASHINGTON — Volatility in lithium pricing in China is helping attract retail-level investors to mining companies in the battery metal's industry, Patriot Battery Metals (OTC:PMETF) CEO Ken Brinsden said at a mining conference this month. One of the reasons for volatility in the lithium market is...

Australian uranium miner Paladin Energy (OTC:PALAD) is acquiring Canadian Fission Uranium Corp (OTCQX:FCUUF) for C$1.14 billion ($833 million) in an all-stock transaction. This transaction confirms the elevated mergers and acquisition trend amid a resurgence, with uranium prices doubling from an...