Ontario snapshot: Seven companies in discovery and development mode
From the nickel hotbed of the Sudbury Basin to the high-grade gold of Red Lake and newer critical metal discoveries in between, Ontario hosts some of the world’s most productive…
Platinum Group Metals
Labour costs: Canadian miners see modest pay raises
Hourly wages at mines in Canada climbed at less than half the rate of salaries at top jobs, a new survey shows. The annual pay for a mine general manager…
Silver and PGMs snapshot: Eight firms seeking the green energy metals
Rising demand for critical minerals for electric vehicles, stricter emission standards for gasoline-driven engines; and a global shift toward greener energy including silver-intensive solar panels are driving exploration for platinum…
Nickel Creek Platinum shares drop as prefeasibility puts Shaw project capex at $1.7B
Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) shares fell by 16.7% to 2.5¢ each on Friday after the company released a prefeasibility study giving its Nickel Shaw project in southwest…
Amplats taps finance director to replace Viljoen as new CEO
Anglo American Platinum (JSE: AMS) — Amplats — has named its current finance director Craig Miller as the new chief executive officer of the company, effective Oct. 1. Miller will…
Technology Metals Snapshot: Seven companies targeting strategic metals
In the race to achieve net-zero emissions and reduce reliance on China for critical minerals, mining companies are ramping up their search for lithium, rare earth elements, copper and more….
Canada’s Top Ten: Barrick leads this year’s list of miners by market cap
Barrick Gold (TSX: ABX; NYSE: GOLD) returned as Canada’s largest mining company on the Toronto Stock Exchange, displacing last year’s leader Nutrien (TSX: NTR), which plummeted in market value by…
Labour costs will soon beat oil as mine’s biggest expense, new data indicate
Labour costs are replacing oil products as a mine’s most expensive item as inflation impacts operating expenses more than capital costs, new reports show. Wages for some copper and gold…
World’s first marketplace for authenticated recycled metals has launched
While demand for secondary metals is predicted to overtake primary metals within the next 20 years, and with 400 million tonnes of metal recycled annually, there is still no globally recognized, standardized authentication…
TSX Venture drifts lower over May 15-19
The S&P/TSX Venture Composite Index fell 5.05 points or 0.8% over the May 15-19 trading session to close at 612.79. Surge Battery Metals gained 12¢ to end the week at…
RANKED: Top 10 longest-life precious metals mines under construction
Precious metals, long treasured for their lustre, beauty, stability and value, have diverse applications ranging from industrial and automotive to jewelry and investing. Demand for key precious metals, encompassing gold,…
Generation Mining in US$400M debt deal to advance Marathon project
Generation Mining (TSX: GENM; OTC: GENMF) has arranged a senior finance facility of up to $540 million (US$400 million) for its 100%-owned Marathon palladium-copper project in northern Ontario. A syndicate…