Horizonte releases PFS on Vermelho
Vermelho — one of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world — will generate US$7.3 billion in total cash flow over 38 years, Horizonte Minerals (TSX:…
Nickel
RNC bets Higginsville mill, mines worth cost of dilution
RNC Minerals (TSX: RNX; US-OTC: RNKLF) chairman and CEO Paul Huet is like the hockey coach who takes over mid-season because the team is underperforming. The Toronto-based company brought Huet…
Revving up Greenland’s mineral production will take time
The MV Happy Dragon had just sailed into safe harbour at Charleston, S.C., when Hurricane Dorian forced the vessel back out to sea to await better weather. The cargo ship…
Ontario to work with First Nations to unlock Ring of Fire
Ontario is one step closer to making the Ring of Fire a reality. Rick Gregford, Minister of Energy, Northern Development and Mines, and Minister of Indigenous Affairs, announced in August…
Editorial: Indonesia to ban nickel ore exports in 2020
Indonesia has confirmed it will ban exports of nickel ore from January 2020 — two years earlier than expected. The Southeast Asian nation is the world’s largest nickel ore producer,…
Horizonte shares rise on Orion financing
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals’ (TSX: HZM; AIM: HZM) Araguaia project in Brazil, one of the…
Mystery nickel buyer could restart First Quantum’s Ravensthorpe
First Quantum Minerals (TSX: FM; LSE: FQM) management says it could have a buyer for any nickel produced from a restart of the venerable Ravensthorpe nickel-cobalt mine at Bandalup Hill…
TSX Venture down, Aug. 5-9: SilverCrest; Chesapeake Gold; Garibaldi Resources; Barksdale Capital
The S&P/TSX Venture Composite Index fell 0.49% to 592.82 during the trading week. SilverCrest Metals recorded the biggest value gain, rising $1.08, or 15.3%, to $8.16 per share. The company…
Top 10 Canada-based companies with substantial US assets
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the land. The Northern Miner presents its top-10 list of the biggest Canada-based firms with…
Geology Corner: Deposits that host the world’s base metals
The earth has many unique ways of stripping base metals from its crust and concentrating them into deposits. Over the course of civilization, humans have uncovered seven main types: sediment-hosted…
Base Metals Snapshot: Eight companies advancing projects around the globe
As the global demand for base metals grows, mining companies are on the hunt for new deposits that they can develop into operating mines. Here are eight companies with significant…
Editorial: Yukon’s geology remains under-explored
The annual tour of mining camps in the Yukon sponsored by the Yukon Mining Alliance (75%) and the Government of Yukon (25%) never fails to impress, and this year’s trip…