Feds inject $75M into BHP’s Jansen potash mine
The federal government is investing $100 million to support the development of BHP’s low-emissions Jansen potash mine in Saskatchewan, about 140 km east of Saskatoon. The cash injection will be…
Australia, NZ & South Pacific
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
Rio Tinto sorry for loss of radioactive capsule in Australia
Mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) apologized on Monday for the loss of a small, but “highly radioactive” capsule that has triggered a radiation alert across…
Weaker consumer confidence dents plug-in electric vehicle uptake, critical minerals briefing hears
Near-term macroeconomic conditions could slow the uptake of plug-in electric vehicles, but strong sales growth will persist through the medium term, an industry event heard this week in Vancouver. Capitalight…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Push tech jobs to attract women to industry, forum panel says
The industry needs to encourage mentors, adjust mindsets and offer technology jobs to boost the level of women from just 8% of the global mining workforce, according to a panel…
Saudi Arabia advances world’s first integrated battery metals plant
Saudi Arabia aims to start construction by December on the world’s first integrated battery metals complex built and fed with raw materials by the same company. Perth, Australia-based EV Metals…
Tianqi, IGO to buy Australian lithium junior Essential Metals
Tianqi Lithium Energy Australia (TLEA), a joint venture between Tianqi Lithium (HKG: 9696) and IGO Ltd (ASX: IGO), has made a A$136 million ($126 million) bid to acquire lithium explorer Essential Metals…
TSXV climbs in the first trading week of 2023
The S&P/TSX Venture Composite Index gained 11.62 points or 2% over the Jan.2-6, 2023 trading session to end at 581.89. Electra Battery Materials closed the week as the top value…
Investors with US$2.2 trillion in assets ask Glencore to justify thermal coal plans
Glencore (LSE: GLEN) is facing fresh pressure by investors with $2.2 trillion in assets to disclose details of its coal production plans and how they align with its efforts to…
Osisko adds copper stream in Metals Acquisition’s billion-dollar Aussie deal
Osisko Gold Royalties (TSX: OR; NYSE: OR) is offering Metals Acquisition (NYSE: MTAL.U) US$75 million in funding to help it purchase the CSA copper mine in Australia from Glencore (LSE:…
TNM Drill Down: Red 5 leads week’s top assays with Darlot project in Australia
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…