New Gold sells Blackwater gold stream to Wheaton for US$300 million
New Gold (TSX: NGD) is selling its gold stream on the Blackwater project in British Columbia to Wheaton Precious Metals (NYSE: WPM; TSX: WPM; LSE: WPM) for US$300 million. The gold…
Articles by Alisha Hiyate
Strong EV sales will buoy battery metal prices next year
Electric vehicle sales have surged nearly 90% so far this year and will likely jump by 40% year-on-year in 2022, economist Patricia Mohr tells The Northern Miner. The former vice-president…
Vale sells 50% stake in California Steel to Nucor for US$400 million
Vale’s (NYSE: VALE) Canadian subsidiary has agreed to sell its 50% stake in California Steel Industries (CSI) to Nucor (NYSE: NUE) for US$400 million, the company said. The Brazilian mining…
B2Gold gets Menankoto permit and ends dispute with Mali
Mali has agreed to issue an exploration permit to B2Gold (TSX: BTO; NYSE-AM: BTG) for its Menankoto project, the company says. The permit will be given to a new Malian…
Kinross Gold to acquire Great Bear Resources for $1.8B
Gold miner Kinross Gold (TSX: K; NYSE: KGC) is acquiring junior explorer Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) for $1.8 billion (US$1.4 billion) in order to get its hands…
2022: Another year to disappoint irrational expectations
While 2020 and 2021 have been brutal overall, the reality is that they have been very good for gold and silver. The first part of 2021 was good for platinum,…
Recycling of lithium-ion batteries won’t set off before 2030: Report
The recycling of lithium-ion batteries, used in electric vehicles (EV), is not expected to take off before 2030, which could put more pressure on the mining industry to meet the…
Mining companies assess damage as B.C. recovers from floods
As officials assess the damage caused by heavy rain, flooding and mudslides in Canada’s British Columbia last month, mining companies have started gauging how severe climatic conditions this year have…
Dolly Varden Silver to acquire Fury Gold Mines’ Homestake Ridge project
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) is acquiring Fury Gold Mines’ (TSX: FURY; NYSE-AM: FURY) Homestake Ridge gold and silver project in British Columbia’s Golden Triangle in a cash…
Global shift to ‘green steel’ will require US$278B investment by 2050: report
The global steel industry could be almost completely decarbonized by 2050 with an investment of US$278 billion in clean capacity and retrofits to existing production, according to BloombergNEF’s new report, Decarbonizing Steel: A Net-Zero Pathway. A move…
Report: Large gold miners contributed US$38B in GDP to local economies in 2020
Large scale gold miners make a big contribution to local economies, with a research report released by the World Gold Council today putting some numbers to that contribution. According to the report, The Social and Economic…
Feds, BC government launch climate resilience committee in wake of devastating floods
The federal and B.C. governments have formed a new committee to address climate resilience in British Columbia following the devastating flooding, mudslides, and damage to highways and rail infrastructure in…