RANKED: World’s biggest nickel projects – 2022
Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far…
Nickel
Inomin shares rise on nickel, cobalt intercepts at Beaver project in BC
Shares of Inomin Mines (TSXV: MINE) traded at its highest price in the last five years as the company reported new discoveries of nickel, magnesium and chromium at its Beaver…
Commodity price spikes could signal lasting market changes – report
Market analyst Wood Mackenzie warns that the ongoing metals and mined commodity price spikes, combined with heightened geopolitical tension, could result in long-lasting market changes. In recent months, factors including…
Russia’s war on Ukraine sparks commodities upheaval
Nearly three weeks into Russia’s invasion of Ukraine, many questions about the conflict are still being debated. Could the West have prevented the crisis? Will the unprecedented level of sanctions…
FPX Nickel continues to showcase strong near-surface grades from Baptiste project
FPX Nickel (TSXV: FPX; US-OTC: FPOCF) has released results from its summer 2021 infill drill program at the Baptiste project, part of the company’s 100%-owned Decar nickel district in central…
Wyloo Metals earmarks $4.9 million to explore West Raglan project in Quebec
Wyloo Metals has approved a $4.9 million drill program to explore the West Raglan project in northern Quebec’s Nunavik region as part of its earn-in agreement with Orford Mining (TSXV:…
Sanctioned Russian nickel could slow global EV adoption, report
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData. The result, such actions will…
Canada Nickel nearly doubles bought deal public offering
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF), citing significant investor demand, has amended the terms of its earlier agreement with a syndicate of underwriters led by Red Cloud Securities to…
Russia’s Ukraine invasion to fuel reorientation of commodity markets: BMO
Russia’s invasion of Ukraine, already pushing up prices for an array of commodities rapidly higher since it began on Feb. 24 – including adding a record 250% to the price…
LME cancels nickel trading after price soars past US$100,000 a tonne
The London Metal Exchange (LME) cancelled nickel trading on Tuesday after a first-time 250% price spike triggered by Western sanctions against major producer Russia, which left brokers struggling to pay…
In charts: EV metal demand accelerates in the second half of 2021
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector,…
South America Snapshot: Eight companies exploring and developing new mines
The need for battery metals is propelling many projects in resource-rich South America, but gold and silver projects retain their appeal, too. BEAR CREEK MINING The Corani silver-zinc-lead project in…