Prairies snapshot: Eight companies to watch
Manitoba and Saskatchewan are among the world’s premier jurisdictions for mining and mineral exploration. Here’s a look at eight companies with assets in the provinces. …
cobalt
Atlantic Nickel extends Santa Rita mine life to 34 years
Appian Capital Advisory’s Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern…
Vale to shut New Caledonia mine as buyer walks away
Vale (NYSE: VALE) is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia, after failing to reach…
TSX down, Aug. 31-Sept. 4
The S&P/TSX Composite Index fell 2.92% to 16,218.01 during the Aug. 31-Sept. 4 trading week. The S&P/TSX Global Base Metals index dropped 0.66% to 104.84,…
Glencore’s Mutanda mine on care and maintenance for ‘two years at least’: report
A year ago, Glencore (LSE: GLEN) announced it was halting operations at its Mutanda copper-cobalt mine in the Congo, breathing life into a market that…
Odyssey seeks compensation under NAFTA for deep-sea mining project
U.S.-based Odyssey Marine Exploration hasn’t given up its intentions to move forward with a phosphate seabed mining project in Mexico’s Exclusive Economic Zone (EEZ), despite…
First Cobalt pushes ahead with refinery expansion plan
First Cobalt (TSXV: FCC) is moving directly into an expansion scenario for its permitted cobalt refinery in Ontario after conducting a detailed engineering study on…
Sourcing cobalt remains a challenge for electric vehicle manufacturers
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as…
Technology Metals Snapshot: Eight juniors developing next generation metals
While mining is best known for supplying the world with precious and base metals, technology metals – such as lithium, cobalt and transition metals –…
US government to assess Twin Metals mine proposal
Antofagasta’s (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The…
Eric Sprott increases stake in Stratabound Minerals
Billionaire mining investor Eric Sprott has acquired 3 million common shares of Stratabound Minerals (TSXV: SB) at a price of 5¢ per share. The acquisition…
KoBold Metals employs big data, geoscientists in pursuit of battery metals
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos. The…