Clean nickel or cheap nickel? You can’t have both
Nickel price trends have become hard to predict. Ever since the London Metals Exchange (LME) crash, in March 2022, and the subsequent canceled trades, a number of banks pulled out…
Nickel
From gun searches to kimberlites, AI makes inroads in Canadian mining
An artificial intelligence (AI) executive who co-founded a company searching for concealed weapons is now fronting another firm using similar technology to hunt for hidden mineral deposits. The company, Montreal-based…
Bluejay Mining pulls demerger plan, aims to raise US$6M
Explorer and developer Bluejay Mining (LSE: JAY) said on Tuesday it would not spin off its battery and critical metals exploration subsidiary Disko Exploration, as previously announced. Executive chairperson Robert Edwards, who…
Sherritt International turns a corner in pivotal 2022
Nickel and cobalt producer Sherritt International (TSX: S) has reported strong financial results for 2022, as higher prices offset lower cobalt output. The Toronto-headquartered company reported overnight Thursday full-year net…
Trafigura faces US$577M loss on alleged nickel fraud
Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn’t contain the metal they were…
Anglo American invests $24M in Canada Nickel’s Crawford project in Ontario
Anglo American (LSE: AAL) is buying a minority stake in Canada Nickel (TSXV: CNC; OTCQX: CNIKF) to advance its Crawford project in northern Ontario with improved processing as battery metals…
Exclusive AME Roundup video: Mark Ferguson, Research Director at S&P Global Market Intelligence
Measures like the Inflation Reduction Act in the U.S. pressure automakers to source critical minerals in ESG-friendly jurisdictions, but it could be challenging to change supply chain flows already directed…
Industry scolds U.S. for mining ban in Minnesota wilderness area
The mining industry is criticizing a United States government decision to remove a large swath of northeastern Minnesota from development for 20 years even as the administration promotes critical minerals…
Stillwater expands resource, nickel by more than half at Montana project
Stillwater Critical Minerals (TSXV: PGE; OTC: PGEZF) has increased its resource estimate tonnage significantly at its Stillwater West battery and platinum metals project in Montana as it looks to emulate…
Energy Metals Snapshot: Eight companies to watch
As zero-emissions technologies continue to develop, demand is steadily rising for uranium, nickel, lithium, copper and graphite. Here’s a glimpse of eight companies exploring for or mining the energy metals. Baselode Energy …
SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp
SPC Nickel (TSXV: SPC) has entered into a cooperation agreement with Vale Canada that will see the company consolidate into a single property the West Graham and Crean Hill 3 nickel-copper…
B.C. mineral exploration expenditures hit a record in 2022, says Premier
British Columbia-focused mineral explorers set a new spending record in 2022, hitting $740.4 million, announced Premier David Eby on Monday during an industry event in Vancouver. The figure surpasses the…