Manganese batteries market may face deficit in 2024
The high-purity manganese market may face a deficit as early as 2024, according to people in the industry. An essential component of the steel-making process, manganese has played an increasing…
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New Found Gold increases Queensway drill program to 500K metres
New Found Gold (TSXV:NFG; NYSE-A:NFGC) has announced the expansion of the exploration program at its 100%-owned Queensway project, located on the Trans-Canada Highway, 15 km west of Gander, N.L. To…
Piedmont Lithium, Tesla ink new deal pivoting from delayed Carolina project
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) and automaker Tesla agreed to cut their supply agreement by tonnage and time while shifting the source away from a proposed mine stymied by…
Skeena Resources seals Essay Creek royalty sale to Franco Nevada
Canadian explorer and developer Skeena Resources (TSX, NYSE: SKE) said on Tuesday it had closed the sale of a 0.5% net smelter returns royalty (NSR) on its Eskay Creek gold-silver project…
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Surging demand for battery metals is offsetting increased costs to build PolyMet Mining’s (TSX: POM) copper-nickel project in northeastern Minnesota, according to new estimates. Developing the first phase of the…
Global Battery Metals pivots to Utah and Ireland after dud Michigan drilling
Global Battery Metals (TSXV: GBML) says it will stop exploring for nickel, copper and platinum group metals at its Sawyer camp in northern Michigan and instead focus on lithium projects…
Copper Mountain shuts B.C. mine after ransomware attack
Copper Mountain Mining (TSX: CMMC; ASX: C6C) has shut its mine in southern British Columbia as it works with authorities to repel a ransomware attack.The shutdown is a preventative measure as Copper…
Space rock yields mysterious minerals
A team of researchers has discovered at least two minerals never before seen on earth in a 15-tonne meteorite found in Somalia – the ninth-largest meteorite ever found. The two…
Two B2Gold workers dead after robbery in Mali
Two employees of B2Gold (TSX: BTO) in Mali were killed Thursday when their bus was attacked in an armed robbery, the miner says. The incident occurred when the bus under police…
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:…
Venezuela’s Maduro orders crackdown on illegal mining after DiCaprio criticism
Venezuela President Nicolás Maduro says the army must do a better job stopping environmental destruction caused by unregulated mining. Maduro, leader of the ostracized South American country since 2013, made the…
South Star targets late 2023 start for Brazil graphite mine
South Star Battery Metals (TSXV: STS; OTCQB: STSBF) says its Santa Cruz graphite project in eastern Brazil is on track to complete construction and commissioning by December next year. Most…