EV Resources is selling its La Cienega copper project in Arizona to Magnum Mining, retaining a 2% NSR royalty. The move allows EV to focus on antimony and copper projects in Peru and Mexico, amidst rising prices for critical minerals like antimony. With plans to advance its Los Lirios antimony mine in Mexico and Coyote Creek project in Utah, EV aims to capitalize on the strong demand for critical minerals and unlock short-term revenue while building long-term value.
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Electric expectations as mining conference goes nuclear
The Diggers and Dealers mining forum in Kalgoorlie will highlight uranium miners on its opening day, featuring a panel discussion with nuclear advocate Chris Keefer and analysts discussing energy transitions. Amid challenges in the uranium sector, including price slumps and output misses, Paladin Energy and Boss Energy will present, while lithium miners anticipate a price recovery. Want More Context? 🔎
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