Hot News in this Week
Jan 31, 2025
Skeena Gold & Silver is acquiring a 13% stake in TDG Gold through a private placement and property sale, investing C$14.55 million and receiving 22 million shares of TDG, facilitating early mobilization and exploration of TDG's Greater Shasta-Newberry project adjacent to the high-grade AuRORA porphyry discovery.
Source: Mining.com
Cobalt prices have plummeted to their lowest level since 2016, with spot prices trading at $11.02 per pound as of January 23, due to a surge in global production that continues to exert downward pressure on the value of the key battery material.
Source: Miningfeed.com
Sibanye-Stillwater has sold its Beatrix 4 shaft to UK-listed Neo Energy Metals for R500m, providing potential upside as Neo Energy plans to start mining uranium from the site within 18 months and tap into the growing uranium market which has seen prices double in the past four years.
Source: Miningmx.com
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