Newmont to study direct air carbon capture in its tailings
Newmont (TSX: NGT; NYSE: NEM) has partnered with the U.S. National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings. The…
Copper
Ivanhoe Mines posts record revenue, profit highs in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) posted a record profit of US$434 million for the year ended Dec. 31, 2022, a near tenfold increase over the US$45 million recorded in…
Rio Tinto starts underground production at Oyu Tolgoi
Rio Tinto on Monday said it had begun underground production at its Oyu Tolgoi copper mine in Mongolia. Since the agreement between the government of Mongolia and Rio Tinto in…
ArcWest shares jump on Freeport earn-in deal as majors eye BC copper
Shares in junior explorer ArcWest Exploration (TSXV: AWX) jumped more than 80% in morning trading in Toronto after it announced an earn-in deal with Freeport-McMoRan (NYSE: FCX) on one of…
Electra Battery upgrades Iron Creek cobalt-copper resource, paving the way for PEA
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has provided an updated mineral resource estimate for its Iron Creek cobalt-copper project located in Idaho, paving the way for additional exploration activities…
Canadian Exploration Snapshot: Eight companies to watch
From the Canadian Malartic mine in Quebec to the Diavik diamond mine in the Northwest Territories, Canada is home to some of the world’s largest mining operations and most valuable…
First Quantum, government reach deal on Cobre Panama
First Quantum Minerals’ (TSX: FM) shares rose Wednesday after the company said its local unit Minera Panama inked a draft concession contract with the Panamanian government for the Cobre Panama…
Sibanye-Stillwater secures controlling stake in New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia’s New Century Resources (ASX: NCZ), which it’s attempting to acquire, to nearly 71%. The move comes…
PDAC: Canada eyes US-style project funding while market may replace Chinese cash
Canada is considering how to match funding opportunities by the United States for critical mineral projects while balancing national security with the need for Chinese investment, Natural Resources Minister Jonathan…
PDAC: Target investment, rally society to compete with China, says banking panel
Prices and supplies of critical metals will increasingly hinge on government policy and geopolitical tensions, three of Canada’s top bankers said Monday at PDAC. Speaking on a panel moderated by…
Ottawa funds critical mineral innovators as part of $3.8 billion strategy
Ottawa awarded six critical minerals companies a total of $14 million on Tuesday to help them develop technologies to mine or process metals bound for electric vehicles. East Coast rare…
Why trust matters for miners in advancing the global energy transition
The global transition to clean energy is creating unprecedented demand for minerals the sector produces. Minerals such as lithium, silicon, copper, and cobalt are vital if the world is to…