American Creek gains on $210M sale of Treaty Creek stake in BC
Shares in American Creek Resources (TSXV: AMK) shot up Friday on the news it entered into a non-binding letter of intent with private company Cunningham Mining to acquire all of…
cobalt
Pink sea pigs, transparent sea cucumbers discovered in area targeted by deep-sea miners
A Pacific research expedition found transparent sea cucumbers, bowl-shaped sponges and pink sea pigs among other species in the same area where The Metals Company (NASDAQ: TMC) wants to harvest polymetallic…
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
US Congress to fund US$2M Pentagon study on deep sea mining
The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal.
JV Video: Ontario eager to feed new EV plants with local mines, says mines minister
Under its Building More Mines Act and Critical Minerals Strategy, Ontario has targeted $43 billion towards its electric vehicle supply chain. “Canadian miners, Ontario miners … we know how to…
Video: Investors wait to see how EV battery tech shifts will shake out
Shifting battery metals chemistries present a real challenge for all players in the battery ecosystem, from mineral producers to investors to end-stage users such as automobile manufacturers, panellists said at…
Mining-strong Oz budget could lead to another surplus, but more can be done, say insiders
For the second consecutive year, the Australian government has announced a budget surplus mainly owing to a vibrant mining sector, this time projected at A$9.3 billion, though some in the…
Fortune Minerals secures $16M in Canada, US government funding
Shares of Fortune Minerals (TSX: FT; US-OTC: FTMDF) hit a 52-week high on Thursday after the critical minerals developer announced it has secured additional funding from the Canadian and United…
Video: Fast-track mining permits to hit 2050 green targets, Quartermain urges
Urgent regulatory reforms are required to speed up mine permitting if the West is to meet its energy transition goals, Canadian Mining Hall of Fame inductee Robert Quartermain told The…
Grid Metals increases resource by a third at MM copper-nickel project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba. The combined indicated open pit resources…
Underwater power play for metals in full swing
Despite its stranglehold on mining and processing, there’s one arena of critical minerals that China doesn’t control – underwater resources. No one does, as deep sea mining has yet to…
Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone
Power Nickel (TSXV: PNPN; US-OTC: PNPNF) increased its ownership of the Nisk project to 80% from Critical Elements Lithium (CRE: TSXV) and reported new drill results from a polymetallic zone. The…