Wallbridge completes nickel asset sale to Archer; stock rises
Wallbridge Mining (TSX: WM, US-OTC: WLBMF) has completed the sale of all its nickel assets — namely the Grasset and RUM projects in Quebec and Sudbury and NW projects in…
Nickel
Magna Mining finds what it’s looking for with first Crean Hill drilling
Magna Mining (TSXV: NICU) says the first holes drilled at its Crean Hill mine, part of its recently acquired Denison project in Ontario’s Sudbury Basin, has returned the kind of…
Vale inks nickel deal with GM that could be worth $760M a year
Industry giant Vale (NYSE: VALE) has landed its first large-scale electric vehicle battery deal in North America, supplying nickel to power a slew of General Motors’ cars and trucks, the…
Cascading battery metal supply crunch to get serious from 2024, analysts forecast
Increasing consumption will outstrip the mining industry’s ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found. The report,…
Magna plans drilling at Denison nickel-copper project after ‘considerable’ resource estimate
Magna Mining (TSXV: NICU) says its first resource for its Denison nickel, copper and platinum group metals project in Ontario’s Sudbury basin shows “significant potential.” Magna is exploring the restart…
RANKED: The world’s top 10 most valuable mines
The mining industry relies on a relatively small number of giant deposits to fuel growth — and new discoveries of this nature are few and far between. A ranking of…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
Teck Resources hikes cost of QB2 copper project in Chile again
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least…
Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has been granted three new highly prospective exploration rights covering a total surface area of 80 sq. km adjacent to the company’s Platreef project…
As Ontario joins clean energy talks, federal minister Wilkinson looks to streamline project approvals
Ontario has joined a country-wide consultation process to hammer out energy and mining strategies for transitioning to clean power using critical minerals, Canada’s natural resources minister said on Tuesday. The…
Biden hands out first EV battery metals funding to Albemarle, Piedmont and Talon among others
Albemarle (NYSE: ALB), Piedmont Lithium (NASDAQ: PLL) and Talon Metals (TSX: TLO) are among the companies marked for US$2.8 billion in Biden administration funding announced this week to help the…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE:…