Gina Rinehart, owner and CEO of private Australian mining company Hancock Prospecting, has become the largest shareholder of rare earths company MP Materials (NYSE:MP). Rinehart’s stake in MP, which she owns via Hancock, now stands at 8.4 percent. According to Bloomberg, Hancock added 1 million shares to its MP position in the third quarter. After […]
Elliott Investment Management has reportedly taken a large stake in Barrick Mining (TSX:ABX,NYSE:B), the Financial Times reported on Tuesday (November 18), adding activist pressure to the gold producer, which is already dealing with escalating operational problems and a leadership shakeup. The moves comes just weeks after the abrupt September exit of former CEO Mark Bristow, […]
A bid by Rep. Nancy Mace, R-S.C., to force a censure of her fellow House Republican and remove his committee assignments failed on Wednesday night. Mace introduced a censure resolution against Rep. Cory Mills, R-Fla., earlier in the day, accusing him of stolen valor among other alleged improprieties. Mills rose in his own defense on […]
The House of Representatives unanimously voted against a provision that allows Republican senators whose phone records were seized by former Special Counsel Jack Smith to sue the federal government. The provision was included in the recently passed bill to end the 43-day government shutdown, which President Donald Trump signed into law last week. Despite supporters […]
American Uranium Limited (ASX:AMU, OTC:AMUIF) (American Uranium, AMU or the Company) is pleased to advise that hydrogeological testing at its Lo Herma ISR uranium project in Wyoming’s Powder River Basin has commenced. Testing is being undertaken by Petrotek Corporation, a leading injection well and subsurface resources consultancy with more than 28 years of experience in […]
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”), is pleased to announce an updated Mineral Resource Estimate for the Cowboy State Mine area within its flagship Hallack Creek Rare Earths Project. The update incorporates the results from 18 additional channel samples and coincides with the acquisition of two […]
President Donald Trump on Tuesday announced that the U.S. will designate Saudi Arabia a major non-NATO ally, unveiling a defense and economic partnership with Crown Prince Mohammed bin Salman during a White House dinner marking 80 years of U.S.–Saudi relations. Trump welcomed guests at the official dinner and thanked bin Salman for his visit and […]
A House Freedom Caucus-led bid to strip a member of the House Democratic Caucus of her role on a high-profile committee after her ties to Jeffrey Epstein were revealed earlier this month failed on Tuesday night. Lawmakers voted against censuring Del. Stacey Plaskett, D-V.I., the Virgin Islands’ nonvoting delegate in the House of Representatives, over […]
East Star Resources (LSE:EST) and Endeavour Exploration announced they have entered into a binding earn-in and joint venture (JV) agreement to advance gold exploration in Kazakhstan. Endeavour Exploration, a subsidiary of top gold producer Endeavour Mining (LSE:EDV,TSX:EDV,OTCQX:EDVMF), will have the right to earn up to an 80 percent interest in a new JV company via […]
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) said on Monday (November 17) that it has signed a joint development agreement with environmental technology company Calix (NYSE:CALX,ASX:CXL) to develop Calix’s Zero Emissions Steel Technology (Zesty) green iron demonstration plant in Western Australia. If approved, the plant will be built at a site in Kwinana, south of Perth, that was previously […]