Vale (NYSE: VALE), the world's top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs) icon with nickel mined in Canada.Confirming markets rumours, the miner said the supply contract fit in its plans to deliver 30% to 40% of Class 1 nickel sales into the fast-growing EV industry.The Rio d...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons.Chief financial officer Anna Ladd-Kruger will retire to focus on her health and family, the company said. She will depart after reporting is complete and an "orderly transition" is in place.Perry Y. Ing, former McEwen CFO who had the same...Read More
Enduring Covid-19-linked lockdowns in the world's largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report by Fitch Solution Country Risk & Industry Research notes.Nevertheless, market analysts at Fitch maintain their 2022 metal price forecasts as prices generally remain above levels see...Read More
Let me be clear about something...What we are currently witnessing is the greatest military buildup - the largest global arms race in the history of the world.Globally, total military spending reached more than $2 trillion for the first time in 2021, according to an April report from the Stockholm International Peace Research Institute."Even amid the economic fallout of the COVID-19 pandemic, worl...Read More
(TheNewswire)Vancouver, B.C. TheNewswire - May 5 th 2022 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (theRead full newsRead More
While non-ferrous exploration budgets increased 35% in 2021 to an eight-year high of US$11.Read More
Share this articleTORONTO - Trigon Metals Inc. [TM-TSXV] shares were active Thursday after the company said it has closed on a $5.5 million convertible security funding agreement with Lind Global Fund 11, LP, an entity managed by the Lind Partners LLC, a New York-based institutional fund manager.Trigon has also entered into a financing letter with Sprott Mining Inc. under which Sprott has agreed t...Read More
The company reported a true width highlight of 35cm grading 1,956 grams per tonne silver and 12.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpWhile non-ferrous exploration budgets increased 35% in 2021 to an eight-year high of US$11.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe February 2020 event was held at the start of the COVID-19 pandemic.Read More
The increase is the largest since 2000 and raises the bank's federal-funds rate to a target range between 0.75%-1%.Read More
Toronto-listed Filo Mining, backed by a recent C$100 million investment from BHP, is stepping up winter exploration activity at its Filo del Sol copper-gold-silver deposit located in Chile's RegionRead More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe 2022 Mining Journal Global Finance Report, released in March, characterised the mining industr...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsPolicy uncertainty particularly around protected areas, disputed land claims and environmental reg...Read More
On an earnings per share basis, the net income for Q1 was $0.09, which is up from $0.06 year on year. The company's board also declared a dividend of C$0.03/share (US$0.02).Read More
Canaccord Genuity Capital Markets analyst Dalton Baretto called it "a generally solid quarter" with Centerra's financials mostly beating CG's forecasts but added that the mercury issues which led to production being suspended in March at Oksut overshadowed the results.Centerra's revenue for the quarter of US$295 million beat CG's estimate of $261 million and consolidated all-in sustaining costs of...Read More
A change in the government of Pakistan won't impact the development of Barrick Gold's (TSX: ABX; NYSE: GOLD) US$7-billion Reko Diq copper-gold project in Balochistan province, said CEO Mark Bristow on a conference call on Thursday. In early April, Pakistan's Prime Minister Imran Khan, with whose government Barrick reached a deal in March to restart the Reko Diq project after a decade, was ousted...Read More
The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining's (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the U.S. Army Corps of Engineers not re-issue a key water-related permit.The agency said this week that the US$1-billion NorthMet project, the first large-scale project to be permitted within the Duluth Complex in nort...Read More
Glencore (LSE: GLEN) has inked a deal with Toronto-based Li-Cycle Holdings (NYSE: LICY) to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries. The company will also invest US$200 million in Li-Cycle once the agreement is executed, which would give it the right to nominate its head of recycling, Kunal Sinha, on to Li-Cycle's board. The deal is expected...Read More
A new metric to quantify the amount of waste rock generated by mining critical minerals has been created by the U.S. Geological Survey and Apple.Called the "rock-to-metal ratio," the new metric indicates how much ore and waste must be mined, moved and processed to produce a given unit of a mineral commodity. This information has not previously been available on a global scales.The new rock-to-meta...Read More