PDAC showed industry eager to return to ‘normal’
A few things were top of mind for delegates as they converged on the Metro Toronto Convention Centre June 13-15 for the first in-person Prospectors and Developers Association of Canada…
Canada
Global Copper Snapshot: Eight companies exploring for the red metal
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant…
Hudbay marks end of Flin Flon mining era with closure of 777 operations
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the…
Electra begins preliminary talks on second cobalt refinery
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with…
Surge Copper boosts Ootsa resource in BC by 96%
B.C.-focused Surge Copper (TSXV: SURG; OTC: SRGXF) has provided its first resource update for its flagship Ootsa property, an advanced-stage exploration project located adjacent to Imperial Metals’ (TSX: III) Huckleberry…
OBITUARY: Igor Levental – mining sage with deep passion for arts and learning
The mining universe has lost not only a wise and generous leader, but also a true renaissance man. Igor Levental, president of The Electrum Group and director of Novagold…
JV Article: Golden Arrow Resources aims to advance its flagship San Pietro project in Chile
Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile. Golden Arrow is part of the Grosso Group of companies,…
JV Article: Krux Analytics offers better data-driven decision making for the mining industry
Mining and mineral exploration companies are under increased pressure to improve drilling performance. More accurate drilling can benefit every aspect of a mining operation by making it smoother, safer, and…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
The view from England: Cost of capital is rising but perspective required
Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates. Canada’s consumer…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
PDAC 2022: Promising diamond, gold exploration might fill economic void after diamond mines close, says NWT industry minister
The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.’s industry minister…