PDAC: Coronavirus weighs on mining outlook
It’s usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in…
News
PDAC: Toronto stock exchanges sign MOU with Brazilian Mining Association
The Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) have signed a memorandum of understanding (MOU) with the Brazilian Mining Association (IBRAM) that seeks to increase investment in the…
Base & Battery Metal Snapshot: Eight companies with interesting prospects
AVALON ADVANCED MINERALS Avalon Advanced Minerals (TSX: AVL; US-OTC: AVLNF) is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The company has three advanced-stage projects with…
Electric vehicles will be US$350B market in 15 years, study says
The global energy storage market is expected to balloon over the next 15 years, according to a report released by Lux Research. “The energy storage industry is poised for a…
Nevsun loses bid to stop lawsuit over alleged forced labour in Eritrea
Nevsun Resources (TSX, NYSEMKT:NSU) has lost its bid to have Canada’s Supreme Court throw out a lawsuit by former employees who say they were forced to work at the company’s copper-zinc…
‘Time to load up’ on gold equities, Haywood says
With gold breaking through US$1,600 per oz. – “a key long-term resistance zone” – analysts at Haywood Securities recommend “increasing tactical exposure to gold and gold miners” and “particularly juniors.”…
Atac boosts Tiger’s economics with updated PEA
Atac Resources (TSXV: ATC) has unveiled an updated preliminary economic assessment (PEA) for its Tiger deposit in the Yukon, envisioning a smaller, higher grade operation with better economics compared to…
Rio Tinto to start producing copper at Winu in 2023
Rio Tinto (NYSE: RIO; LSE: RIO) plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023. The world’s No. 2 miner…
Rio Tinto to spend US$1B to reach zero emissions
Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse gas emissions by 2050, but…
Teck decision to cancel Frontier rattles investor confidence, critics say
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada’s oil and…
Exchange rates continue to impact mining salaries
Employment in the mining industry is highly specialized and as a result, retaining skilled staff is challenging. These employees are often the most valuable asset at a mine and can…
The Northern Miner Podcast – episode 175: Confident Cameco sees nuclear power as ‘indispensable tool’ to fight climate change
This episode features excerpts from Cameco’s Feb. 7, 2020, conference call. Cameco president and CEO Tim Gitzel discusses the fundamentals of the uranium market, spot market purchases, vision and strategy,…