Decarbonization plays the metals fiddle in 2022
The recent 26th edition of the Conference of the Parties (COP26) brought about renewed vigour to phase down carbon dioxide emissions across the globe. Still, to get there, the mining…
cobalt
Clean Air Metals’ PEA rates Thunder Bay North NPV at $378M, IRR at 29.8%
Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) has released a preliminary economic assessment for its 100%-owned Thunder Bay North project putting the after-tax net present value with a 5% discount…
Renewables adoption speed still too slow to limit climate crisis — IEA
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…
Cobalt prices supported in 2021, expected to fall in 2022 – report
The S&P Global Market Intelligence November Commodity Briefing states that cobalt metal prices are expected to remain supported for the remainder of 2021 as logistical pressures persist. “There are no…
Horizonte fully funds construction of Araguaia nickel mine
Horizonte Minerals (TSX: HZM; AIM: HZM) has raised US$197 million (£147.4 million) in an overnight share placement that forms part of an equity and debt finance package of US$633 million…
GMS: Trent Mell on the green energy revolution and the problem with supply chains
The continuing interest in the battery sector was the focus of an in-depth discussion on the second day of The Northern Miner’s Q4 Global Mining Symposium, as the executive editor…
First Cobalt to expand Ontario refinery and widen focus; plans change name to Electra Battery Materials
First Cobalt (TSXV: FCC; US-OTC: FTSSF) wants to increase the design capacity of its hydrometallurgical cobalt refinery in Cobalt, Ontario, to 6,500 tonnes of cobalt annually from 5,000 tonnes. The…
The charging infrastructure needed to boost EV adoption – report
In a new insight published by McKinsey & Company, Frank Mühlon, president of the e-mobility division of ABB, and Giovanni Palazzo, president and CEO of Electrify America, said that nowadays…
Video: Randy Smallwood discusses WPM’s Q3 performance, organic growth prospects
Wheaton Precious Metals (NYSE: WPM; TSX: WPM) has reported earnings per share and revenue for the three months ended September that missed the consensus mark, despite record revenue for the…
Sherritt plans to expand Cuban nickel mine
Sherritt International (TSX: S) is making plans to expand production and lengthen the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and…
Capstone’s Pinto Valley mine fully permitted to 2039
Capstone Mining (TSX: CS) has received final approvals from the U.S. Forest Service for a new mine plan for the Pinto Valley copper mine 125 km east of Phoenix, Arizona….
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…