Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The world is currently on course for global warming levels between 2.5˚C and 3˚C by the end of the century, far exceeding the 1.5˚C target outlined in the Paris Agreement…
cobalt
Space rock miner lands first US permit
AstroForge, a Los Angeles-based startup with plans to mine asteroids, received on Monday the United States Federal Communications Commission’s first-ever commercial license to operate in deep space. The move sets…
Electra Battery lands US$5M for cobalt refinery early works
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) has secured a US$5-million financing from its existing lenders that would allow it to start certain early works and winter preparations at its…
How resource ‘classification debt’ chips away at miners’ growth and investor trust
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
Infographic: Adding up government spending on Quebec’s critical minerals
Quebec is unique in Canada for its strong institutional support for mining and exploration activities. It was the first jurisdiction in Canada to release a critical minerals strategy, in 2020,…
Sibanye liable to pay Appian damages for scrapped mine deals
Private equity firm Appian Capital Advisory has scored a big win after the U.K. top court ruled that Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) had to pay the London-based investment firm…
Zambia to keep majority interest in mining permits
Zambia’s government plans to keep a majority stake in certain mining licenses it has found “promising” through an ongoing mapping exercise, but noted that private investors can develop these assets…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Power Nickel hits ‘biggest intersection yet’ at Quebec project
Explorer Power Nickel (TSXV: PNPN) said on Thursday it had hit the main mineralized structure within the Lion zone of its flagship NISK polymetallic project in Quebec, following a retargeting…
Canada Nickel files Crawford project’s federal impact statement
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has taken a key step toward advancing its flagship Crawford nickel sulphide project in northern Ontario, kicking off the process of submitting a federal…
Lack of capital rises to top risk in EY mining survey
Capital is the top risk facing the mining industry this year, up from the number two spot last year, as tough financing and economic conditions make it more difficult to deliver…
Video: Why one contrarian mining investor prefers Australia over North America
Australia offers true discovery potential whereas “every rock seems to be turned three times” in North America, Commodity Discovery Fund founder Willem Middelkoop said in an interview. The Netherlands-based investor…