The US Department of Defense has canceled its long-awaited plan to buy up to US$500 million worth of cobalt, a mineral vital to electric vehicles, jet engines and advanced weapons systems. The Defense Logistics Agency (DLA) confirmed the cancellation in a notice published Wednesday (October 15), saying there are “outstanding issues with the Statement of

McEwen (TSX:MUX,NYSE:MUX) has agreed to acquire Canadian Gold (TSXV:CGC,OTCQB:STRRF) in an all-share transaction that values Canadian Gold at a 96.7 percent premium over its pre-announcement trading price. The deal, announced on Tuesday (October 14) and finalized under a definitive arrangement agreement signed on October 10, will see McEwen acquire Canadian Gold through a statutory plan

The gold price continued to rise in Q3, breaking through key milestones to set new all-time highs. Much like the first half of the year, the yellow metal was supported by ongoing factors like central bank buying, geopolitical tensions and uncertainty caused by US trade and tariff policies. And it wasn’t just the price of

The gold price rose to repeated record highs during the third quarter of the year, breaking through significant milestones of US$3,700 and US$3,800 per ounce. The price rises were fueled by several factors, including safe haven demand led by economic uncertainty as US tariffs continued to impact the broader economy, as well as falling interest

For a long time, most of the world’s lithium was produced by an oligopoly of US-listed producers. However, the sector has transformed significantly in recent years. Interested investors should cast a wider net to look at global companies — in particular those listed in Australia and China, as companies in both countries have become major

The uranium space is currently navigating a complex mix of optimism and structural pressures as investors increasingly look to the sector and major miners reduce their guidance. After sinking to a US$63.25 per pound on March 7 — the lowest point since September 2023 — the U3O8 spot price rebounded through the third quarter, aided

General Motors (NYSE:GM) will take a US$1.6 billion charge tied to its electric vehicle (EV) production realignment as the federal government rolls back clean energy incentives and emissions standards. In a regulatory filing on Tuesday (October 14), GM said the charges include a US$1.2 billion non-cash impairment from adjustments to EV capacity, alongside US$400 million

IsoEnergy (TSX:ISO,NYSE American:ISOU) is set to acquire Australia’s Toro Energy (ASX:TOE,OTC Pink:TOEYF) in an all-share deal that will consolidate two uranium developers into a single diversified platform as global nuclear demand surges and uranium prices continue to strengthen. The merger brings Toro’s 100 percent-owned Wiluna uranium project in Western Australia into IsoEnergy’s development pipeline, adding

Here’s a quick recap of the crypto landscape for Friday (October 10) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$116,726, a 3.6 percent decrease in 24 hours. Its lowest

Rare earth element (REE) recycling is moving from niche curiosity to strategic necessity as the clean energy transition increasingly stokes demand for permanent magnets. Currently, less than 1 percent of rare earths are recycled, even as magnet demand is projected to triple by 2035. The gap could leave the west facing as much as a