Nemaska Lithium announces layoffs
Nemaska Lithium (TSX: NMX, US-OTC: NMKEF) plans to lay off 64 employees, or about half of its staff, after financing delays for its Whabouchi project in Quebec. “This difficult decision…
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The Northern Miner Podcast – episode 156: Gold sector ripe for consolidation in former Soviet Union, ft. Chaarat Gold CEO Artem Volynets
Chaarat Gold CEO Artem Volynets joins the podcast this week for a feature interview with acting editor-in-chief Trish Saywell. Volynets discusses the challenges, strategies and opportunities of mining in the…
RNC bets Higginsville mill, mines worth cost of dilution
RNC Minerals (TSX: RNX; US-OTC: RNKLF) chairman and CEO Paul Huet is like the hockey coach who takes over mid-season because the team is underperforming. The Toronto-based company brought Huet…
Four industry pioneers named to Canadian Mining Hall of Fame
In 2020, the Canadian Mining Hall of Fame will welcome four new inductees: P. Jerry Asp, Alex G. Balogh, Hans T.F. Lundberg and Eberhard (Ebe) Scherkus. The thirty-second annual induction…
The Northern Miner Podcast – episode 155: An insider’s guide to the lithium market, ft. Rock Tech Lithium CEO Martin Stephan
This week’s episode features a full-length interview with Rock Tech Lithium CEO Martin Stephan on the lithium market and its major driving forces. Topics include supply and demand, extraction techniques,…
TSX Venture slips, Sept. 30-Oct. 4: Abitibi Royalties, Cobalt 27 Capital, Novo Resources, Titanium Corp.
The S&P/TSX Venture Composite Index fell 1.9% to 558.76 during the trading week. Shares of Abitibi Royalties rose 34¢ (2.4%) to $14.44. The company announced on Sept. 23 that it…
Implats offers $1B for North American Palladium
Eyeing its first major operations investment outside of Africa, platinum group metals (PGM) producer Impala Platinum Holdings has struck a friendly deal to buy Canadian pure-play palladium producer North American…
US markets down, Sept. 30-Oct. 4: Sibanye-Stillwater, NACCO Industries, Cleveland Cliffs
The Dow Jones Industrial Average fell 0.9% to 26,573.70 and the S&P 500 Index fell 0.34% to 2,952. Spot gold finished the trading week at US$1,504 per oz., up US$8.10…
Fission study shaves capex, build time for PLS
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has released an updated prefeasibility study (PFS) for an underground-only mine at its wholly owned Patterson Lake South (PLS) uranium project in northwestern Saskatchewan….
Anfield tables PEA for Charlie uranium project
A preliminary economic assessment (PEA) of Anfield Energy’s (TSXV: AEC; US-OTC: ANLDF) Charlie uranium project in Wyoming’s Pumpkin Buttes uranium district outlines a low-capital-expense, in-situ recovery (ISR) mine with a…
North American Palladium acquires 51% of Sunday Lake
On the back of record quarterly revenues from its wholly owned Lac des Îles mine, 100 km northwest of Thunder Bay, Ont., pure-play palladium producer North American Palladium (TSX: PDL;…
Top-10 silver companies by market cap
The Northern Miner presents the top-10, silver-focused companies by market capitalization. 1. Fresnillo Market cap: $8 billion With 61.8 million oz. silver production in 2018, Mexico City-headquartered Fresnillo (LSE: FRES)…