Hot News in this Week
Mar 7, 2025
Lithium Americas Corp. has secured a $250 million strategic investment from Orion Resource Partners LP to support the development and construction of Phase 1 of its Thacker Pass lithium project in Nevada, with the US-listed shares surging 5.6% following the announcement and giving the company a market capitalization of $656 million.
Source: www.mining.com
U.S. Gold Corp has secured crucial permits from the Wyoming Department of Environmental Quality for its CK Gold Project, marking a significant step forward in the company's efforts to develop the project despite ongoing regulatory hurdles.
Source: www.miningfeeds.com
ARM is considering selling its 11.8% shareholding in Harmony Gold, worth around R15 billion, as part of a broader strategy to deliver maximum value to stakeholders over the medium to long term. The group's interim results showed a 49% drop in headline earnings per share and a 22% decline in the average realised dollar price for iron ore, while profits from manganese increased by 713%. However, the group expects iron ore prices to fall over the next year due to supply growth and a softening Chinese demand outlook.
Source: www.miningmx.com
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