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…
Nickel
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…
Hudbay settles longstanding lawsuits related to Guatemala nickel mine
Hudbay Minerals (TSX: HBM; NYSE: HBM) has settled three longstanding lawsuits related to allegations of violence and human rights abuses at its former Guatemalan mine between 2007 and 2009. The…
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…
Teck steps into Ring of Fire with Canterra option
Teck Resources (TSX: TECK.A and TECK.B; NYSE: TCK) has made its first step into Ontario’s Ring of Fire. The Vancouver-based major has entered into an option agreement with Canterra Minerals…
QC Copper bolsters resource base with acquisition of Thierry project
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) is expanding its asset base in Eastern Canada with the acquisition of Cuprum Corp. and its Thierry copper project. This move, says…
CHART: Global mining and metals – a reality check
A new report by McKinsey’s energy and materials practice outlines a global mining and metals industry emerging from a few years of boom and bust and price fluctuations the consulting…
Electra teams with Ontario First Nations investment firm on battery recycling
Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM) has launched the Aki Battery Recycling joint venture with Indigenous economic development firm Three Fires Group to find critical minerals in scrap. The…
Magna Mining PEA update hikes return five-fold for Crean Hill nickel project
An updated preliminary economic assessment (PEA) for Magna Mining’s (TSXV: NICU; US-OTC: MGMNF) Crean Hill project near Sudbury, Ont. bumps its internal rate of return more than five times to…
Putin’s exports threat lifts uranium, nickel producers
Stocks in nickel and uranium producers gained this week when Russian President Vladimir Putin floated the idea of limiting metals exports, refueling geopolitics as a top risk, mining analysts said….