Category: Latest Mining News

Jakarta – Indonesia has offered the United States the chance to jointly invest in a critical minerals project as part of its tariff negotiations with Washington, its senior economic minister said on Monday

Magna Mining (TSXV: NICU) has been awarded C$500,000 by the Ontario government for the company’s brownfield Crean Hill nickel-copper-platinum group metals project. The award is part of the Critical Minerals Innovation Fund launched by the province in 2022.

Analysts at Bank of America see gold prices reaching $4,000 an ounce — an 18% jump above current levels — within the next year due to a ballooning US fiscal debt.

Karelian Diamond Resources (AIM: KDR) says it has identified a “significant new copper target” within the recently awarded KDR4 licence area in Northern Ireland.

The collective scramble to move as much physical copper as possible to the US before the imposition of import tariffs is creating shortages in the rest of the world.

Gold rose after a softer-than-expected inflation reading bolstered bets that the Federal Reserve will cut interest rates later this year.

June 9, 2025 – Toronto, ON — Shares of Generation Mining Ltd. (TSX: GENM) surged today, nearing a two-year high, after receiving a significant endorsement from the Ontario government that could fast-track development of its flagship Marathon Palladium-Copper Project in northwestern Ontario.

The Russian government said on Friday it had agreed to support the struggling coal industry, including by deferring tax payments, as well as by limiting dividends and bonuses to top management.

A crisis is unfolding in the bond market that equity investors may not be aware of. Long-term government bond yields are rising across major economies as governments struggle to contain mounting debt burdens.

Russia’s Tuva region said it has agreed with Zijin Mining Group to keep the Kyzyl-Tashtyg zinc mine working after sanctions prompted the Chinese company to weigh suspending operations.

Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA) has submitted a formal application to the Export-Import Bank of the United States (EXIM) for up to $2 billion in debt financing to fund construction of its Stibnite gold-antimony project in Idaho.

If the USDX just formed its bottom, copper likely formed its top. This means that we could see a breakdown below the declining resistance line any hour now. More importantly, this time, the breakdown could be confirmed.