This post was originally published on this site.McEwen (TSX: MUX) has agreed to sell two non-core gold properties in Ontario, Canada, to Discovery Mining (TSX: DSV) for $55 million in cash and stock as it shifts capital toward a production expansion targeting up to 300,000 gold-equivalent ounces annually by 2030. The transaction includes Lexam VG Gold’s wholly owned Fuller property, its 60% interest in the Paymaster property and a parcel of surface rights owned by VG Holdings. Both properties are part of McEwen’s Fox Complex land holdings in the Timmins mining district. Fuller covers approximately 210 hectares, while Paymaster spans...

This post was originally published on this site.Recycling end-of-life electronics, wind turbines and other industrial equipment could provide the United States with a near-term source of rare earths as the country works to develop new mines and processing capacity, according to electronics recycler Paladin EnviroTech.  The company is expanding its rare earth recovery operations as US manufacturers confront heavy dependence on overseas supply, particularly for the heavy rare earth elements used in high-performance permanent magnets.  Paladin currently produces about 40 metric tonnes of recovered material annually and recently invested over $5 million to increase capacity to 150 tonnes per year...