Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…
Nickel
Battle for Noront heats up with BHP’s US$258 million bid
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has offered $325 million (US$258.45 million) for Canadian nickel miner Noront Resources (TSXV: NOT), trumping a bid by Australian mining billionaire Andrew Forrest’s…
US markets rise, July 19-23
The Dow Jones Industrial Average rose 1.08% to finish the week at 35,061.55 and the S&P 500 climbed 1.96%% to 4,411.79. Spot gold dropped US$10.00 per oz., or 0.55%, to US$1,802.20…
Forecasts morph into reality as tech metals fundamentals heat up
The world is at the start of an exponential upswing in demand for the suite of technology metals as a global top-down push for the energy revolution accelerates, Ryan Castilloux,…
Key vulnerabilities in getting to net zero
In a recent report, the International Energy Agency warned that demand for critical minerals like copper, cobalt, lithium, nickel and rare earth elements needed for clean energy technologies is going…
KPMG report shows industry optimism around ‘green’ metals, but flags ESG risks
As the world transitions to clean energy, rising demand for “green” metals is contributing to renewed optimism in the growth prospects for Canada’s mining industry, according to a KPMG in…
Clean Air Metals reports new assays from Thunder Bay North project
Clean Air Metals (TSXV: AIR) has released new assay results from its flagship Thunder Bay North (TBN) asset, a platinum, palladium, copper and nickel project in northwestern Ontario, about 50…
Giga Metals advances Turnagain toward 2022 PFS
Giga Metals (TSXV: GIGA) has begun a 2021 work program at the Turnagain nickel-cobalt project, located in north-central British Columbia. Archaeological and wildlife surveys are underway and resource drilling has…
Glencore paid $5.8B to governments in 2020
Swiss-based multinational miner Glencore (LSE: GLEN) has disclosed US$5.7 billion in taxes, royalties and other government payments in 2020. The diversified mining house says the Covid-19 pandemic caused major production…
BloombergNEF ups battery demand forecast
Battery metals prices have seen a strong recovery in the first half of 2021, and in its H1 Battery Metals Outlook report, which forecasts demand to 2030, BloombergNEF projects markets…
Vale commits $150 million to extend Manitoba nickel mines life
Vale (NYSE: VALE) is investing $150 million (US$122 million) to extend by ten years its mining activities in the Canadian province of Manitoba. The figure, the company’s largest single investment made…
US markets rise, June 21-25
The Dow Jones Industrial Average jumped 3.37% to finish the week at 34,433.84 and the S&P 500 climbed 2.74% to 4,280.70. Spot gold increased by US$17.70 per oz., or 1%, to…