Ottawa to back Indigenous groups buying project equity
The federal government is to start an Indigenous loan guarantee program in this year’s budget due April 16, according to a senior official at the Natural Resources Ministry. The program…
Politics
Canada extends exploration tax credit
The federal government is extending its 15% mineral exploration tax credit for investors in flow-through shares for another year. The extension, expected to provide $65 million in support for exploration,…
Ontario budget bolsters critical minerals funding
Ontario’s new budget expands the critical minerals innovation fund by $15 million as the province prepares to enact streamlined mining permit approvals next week. The critical minerals innovation fund aims…
Video: New Ontario rules due April 1, Pirie says
Mine approval times are to be shortened without changing environmental standards in new Ontario regulations to be delivered next week, provincial Mines Minister George Pirie says in a new video….
Freeport, Barrick, Newmont among winners in nearly US$500M for clean energy
The Biden administration is granting almost half a billion dollars to clean energy projects run by Freeport-McMoRan (NYSE: FCX), the Nevada Gold Mines partnership of Barrick Gold (TSX: ABX; NYSE: GOLD)…
Why Ontario can’t afford to ignore juniors in the next budget
Without a doubt, one of the most important challenges facing the next generation is global warming and the need to decarbonize the transportation sector. This can only happen with the sustainable…
Miners praise Ecuador’s new president as he battles narco-gangs to bolster jobs
Ecuador’s new President Daniel Noboa was elected last October with a seemingly impossible task. He had just 18 months before the next vote to beat back the country’s spiralling gang…
Global Atomic plunges as Niger’s junta expels US troops
Shares in Global Atomic (TSX: GLO) have dropped nearly a third since the military rulers of Niger, where the company is developing its Dasa uranium project, vowed on the weekend…
JV Video: Quebec boosts critical minerals plan
Quebec has added germanium, manganese and apatite to its critical minerals list to remain abreast of emerging battery technologies, Jonathan Lafontaine, strategic advisor on mining to the Quebec government, says…
US bill supporting seafloor mining lifts The Metals Company
The Responsible Use of Seafloor Resources Act was introduced on Tuesday.
Feds plan scrutiny of Chinese offtake deals, minister says at PDAC
The federal government says it’s considering how to handle offtake agreements that function as loans or investments by China in Canadian mining companies as it continues to clamp down on…
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…