Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Nickel
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…
Magna plans Crean Hill nickel-copper bulk sample
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is now fully permitted to conduct a 400,000-tonne bulk sample at its past-producing Crean Hill nickel-copper project in Sudbury, Ont. The company, which received…
Ontario snapshot: Eight companies seeking out precious and critical metals
Canada’s most populous province hosts numerous historic mines and has potential for many more new developments. Here are eight companies exploring for precious metals and critical minerals such as lithium,…
Horizonte Minerals fails to secure cash for nickel mine, shares plunge
The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.
Vale operations in Brazil now 100% renewable energy-powered
Vale (NYSE: VALE) announced Monday it had achieved its goal of running all of its Brazilian operations based on renewable energy sources, two years earlier than the scheduled target of…
Flying Nickel adds 42% to Minago resource, issues first PGM estimate at Manitoba project
Flying Nickel Mining (TSXV: FLYN; US-OTC: FLYNF) increased its pit resource at the Minago project in Manitoba by 42% and added a platinum group metals (PGM) estimate for the first…
Denarius sees quick restart for former Lundin nickel-copper mine in Spain
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) has released a prefeasibility study that supports the reopening of its 50%-owned Aguablanca nickel-copper mine in Spain. Last operated by Lundin Mining (TSX: LUN)…
Canada Nickel starts working on Crawford, eyes 2027 production
Canada Nickel (TSX-V: CNC) has kicked off front end engineering design (FEED) at its flagship Crawford nickel project in northern Ontario, which it expects to bring into production in 2027. Ausenco…
Rio Tinto promotes copper boss Bold Baatar to commercial chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has promoted copper executive Bold Baatar to the post of chief commercial officer, in a move deemed by analysts as a clear…
Proponents see northern Ontario’s Ring of Fire opposition melting like ice roads
Construction timelines remain fuzzy but proponents are still optimistic two and half years into studying roads to serve the Ring of Fire critical minerals region in northern Ontario. Three all-season…
Dundee’s Goodman on how to avoid mining’s investment pitfalls
Jonathan Goodman has had it with rosy economic studies from junior miners that fail to live up to expectations. “Have you ever seen a feasibility study or a pre-feasibility study…