Australia’s crush on Canada
Newcrest Mining, Australia’s largest gold producer, will soon become the biggest gold producer in the Canadian province of British Columbia once its $3.5 billion (US$2.8 billion) acquisition of Pretium Resources…
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US Southwest Snapshot: Eight companies to watch
The southwestern United States has a long history of mining and remains one of the nation’s top mineral regions. The region has good infrastructure, an established regulatory and permitting regime…
BHP extends Noront bid deadline amid talks with Wyloo
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has extended the deadline for Noront Resources’ (TSXV: NOT) investors to accept or refuse its bid from November 16 to the end of…
Wallbridge releases mineral estimates for Fenelon and Martiniere
Wallbridge Mining (TSX: WM) has released a first resource estimate for its flagship Fenelon gold project and an updated resource estimate for its Martiniere project, both located in the Detour-Fenelon…
First Cobalt to expand Ontario refinery and widen focus; plans change name to Electra Battery Materials
First Cobalt (TSXV: FCC; US-OTC: FTSSF) wants to increase the design capacity of its hydrometallurgical cobalt refinery in Cobalt, Ontario, to 6,500 tonnes of cobalt annually from 5,000 tonnes. The…
Steppe Gold secures US$65M to fast-track ATO Phase 2 build
Steppe Gold (TSX: STGO; US-OTC: STPGF) has secured an investment of US$65 million in debt to fast-track its Phase 2 construction of the Altan Tsagaan Ovoo (ATO) gold and silver…
Pan American Silver cuts guidance on labour shortages, higher costs
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has lowered its silver and gold production targets for the second time this year as costs related to ventilation upgrades at its La…
For developing nations, coal transition requires more than just money
Canada’s efforts to help developing nations transition away from coal won’t pay off unless the countries create policies that encourage its industries to make that shift, researchers said. At the…
For the world to hit net zero, global mining industry needs to ramp up capex
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according…
Greenland bans uranium mining, blocking vast rare earths project
Greenland’s parliament has passed a bill to ban uranium mining and exploration in the Danish territory, effectively blocking the development of the vast Kvanefjeld rare earths project, one of the…
The Northern Miner Podcast – episode 264: Cameco CEO Tim Gitzel ‘extremely frustrated’ with Canada Revenue Agency, demands return of $777M
This week’s episode features Cameco’s Q3 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as the “best conditions ever.” He also discusses how nuclear…
UEC acquires Rosatom’s Uranium One assets, creating largest uranium miner in US
There are seven projects in the U1A portfolio, three of which are fully permitted.