Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Battery metals
Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
Editorial: Mining’s EV halo dims
It wasn’t supposed to be this way. Mining’s association with planet-saving electric vehicles (EVs) was supposed to make mining, if not cool, at least more acceptable. Maybe even virtuous. But…
Deep-sea nickel hits battery grade for The Metals Co.
The production of nickel sulfate from polymetallic nodules during tests is believed to be a first in the mining sector.
Opinion: Ring of Fire road must start ASAP
The Ring of Fire camp is the most important mining discovery in Canadian history for its strategic minerals including nickel, copper, platinum group metals, chromite and titanium. It even exceeds…
Codelco and SQM agree on final lithium deal
Chile’s state-run copper miner Codelco and the world’s second-largest lithium producer SQM (NYSE: SQM) inked a definitive agreement on Friday to jointly exploit the country’s vast deposits in the Salar…
Wyloo to build $900M battery material plant in Sudbury
Wyloo Metals, the privately held resources unit of Australia iron ore baron Andrew Forrest, says it plans to build a battery materials plant in northern Ontario that may cost around…
JV Video: Ecora Resources coal revenue rises as battery metals future beckons, CEO says
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…
JV Video: Scandium Canada engages locals in rare earth project, CEO says
Scandium Canada (TSXV: SCD; OTCQB: SCDCF) has signed a pre-development agreement with a First Nation as the Crater Lake scandium rare earths project gathers speed in northern Quebec, CEO Guy…
JV Video: Quebec mineral policy drives growth, resource ministry says
Quebec’s four-year-old critical minerals policy has spurred a 600% investment updraft and doubled the number of projects to 36, a government mining program director says. The province had formed deep…
Class 1 Nickel shares jump on Alexo-Dundonald resource update in Ontario
Shares in Class 1 Nickel and Technologies (CSE: NICO; US-OTC: NICLF) gained 43% Thursday to 20¢ apiece after the company released a second resource update in a month for the…
US Congress to fund US$2M Pentagon study on deep sea mining
The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal.