Lithium producers must wait as covid slows EV revolution Investors are giving the cold shoulder to mine developers seeking funding for lithium projects. Reuters | May 26, 2020 | 11:14 am
Pure Gold raises $9 million from warrants, stock down The PureGold Red Lake mine is currently the only gold project under construction in Canada. Jackson Chen | May 26, 2020 | 10:14 am
Scotiabank takes $168 million hit as it shuts historic gold unit The bank has been caught up in regulatory scrutiny of its precious metals trading. Bloomberg News | May 26, 2020 | 9:43 am
Sierra Metals waiting on gov’t consent to restart Yauricocha mine The extension of national lockdown in Peru could delay the mine restart until June 30. Jackson Chen | May 26, 2020 | 9:35 am
Iron ore defies covid-19 gloom with bullish supply Softer export numbers from Australia and Brazil suggest that June may see a bit of a pullback in China’s imports. Reuters | May 26, 2020 | 8:48 am
Taseko starts Yellowhead copper project talks It will discuss plans to kick off regulatory approval process for Yellowhead with the local First Nation. Cecilia Jamasmie | May 26, 2020 | 7:17 am
USA Rare Earth finishes Phase 1 testing for Texas project USA Rare Earth plans to establish a domestic rare earths supply chain. MINING.com Editor | May 26, 2020 | 7:00 am
Sienna to acquire EMX’s Ni-Cu-Co-PGE project in Finland Both Sienna and EMX are focusing their efforts in northern Europe. MINING.COM Staff Writer | May 26, 2020 | 6:20 am
Minerals Council of Australia proposes roadmap for post-covid-19 recovery The industry group requested that the federal government adopts a series of reforms to boost the mining sector. MINING.COM Staff Writer | May 26, 2020 | 6:10 am