How critical minerals tie into the AI boom
Most investors don’t make a connection between tech and mining. But mining supplies the raw materials for the semiconductor industry, which is in the midst of a huge growth spurt. …
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Gold, copper equities to rise, metals flat: analysts
Stocks in certain gold and copper producers are expected to gain this year even as a surge in the metals’ prices subsides, BMO Capital Markets says. Investors may seek attractive…
Tracing global nickel production to its sources
Nickel is an essential component in electric vehicle (EV) batteries, solar panels and alloys for the aerospace industry. Nickel demand for EVs is projected to grow about 40 times by…
Get ready for more disputes about what’s ‘mine’ and theirs
Eleven years ago, The Northern Miner ran a story titled “How Mexico reclaimed its mantle as a top mining nation.” The piece recounted how the nation opened up investment and…
Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…
NextSource looks to tap Saudi perks for US$280M graphite anode plant
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) says it will cost US$280 million to build a new graphite anode plant in Saudi Arabia for electric vehicles as the company expands globally. The…
China’s Ganfeng sues Mexico over lithium permit
China’s Ganfeng and two of its subsidiaries in Mexico have initiated an arbitration case against the country’s government over a cancelled mining concession for an advanced lithium project in the state…
Gowest Gold to go private in deal that includes China-based investors
Citing tough financing markets, Canadian gold explorer Gowest Gold (TSXV: GWA) has agreed with a group of existing shareholders that collectively hold 91.5% of the company’s outstanding share capital to…
Copper price slides from record on Chinese stockpiles
The price of copper has slid from its record high after China’s real estate turmoil increased storage of the wiring and plumbing metal. A pound of copper was at US$4.376…
Ottawa diverts $3M rare earths sale from Chinese firm in ‘case of elevated interest for Canada’
The federal government has brokered the sale of $3 million in stockpiled rare earths mined in the Northwest Territories by Vital Metals (ASX: VML), the company said Monday, as Canada…
Japan, Chile boost ties in lithium extraction, supply
Japan and Chile have agreed to strengthen cooperation on lithium mining and supply, including deals for Japanese firms’ acquisition of long-term preferential access to the battery metal, in exchange for…
Ivanhoe Electric refutes Ma’aden share sale claims
Ivanhoe Electric (NYSE-AM, TSX: IE) addressed on Thursday what it said are misleading media headlines claiming that its joint venture partner, Saudi Arabian miner Ma’aden, planned to sell its shares…