Explaining the copper conundrum
Arguably, no one is more aware of the coming copper shortage than copper miners themselves. Glencore CEO Gary Nagle warned in late 2022 — just months before the company made…
Financing
Ontario budget bolsters critical minerals funding
Ontario’s new budget expands the critical minerals innovation fund by $15 million as the province prepares to enact streamlined mining permit approvals next week. The critical minerals innovation fund aims…
Freeport, Barrick, Newmont among winners in nearly US$500M for clean energy
The Biden administration is granting almost half a billion dollars to clean energy projects run by Freeport-McMoRan (NYSE: FCX), the Nevada Gold Mines partnership of Barrick Gold (TSX: ABX; NYSE: GOLD)…
Why Ontario can’t afford to ignore juniors in the next budget
Without a doubt, one of the most important challenges facing the next generation is global warming and the need to decarbonize the transportation sector. This can only happen with the sustainable…
Fear of scandal blocks fund managers from mining: survey with Vale, BlackRock
Miners must prioritize environmental, social and governmental (ESG) improvements to attract investment funds, according to a new survey featuring Vale’s (NYSE: VALE) Mark Cutifani and BlackRock, the world’s largest asset…
Global Atomic plunges as Niger’s junta expels US troops
Shares in Global Atomic (TSX: GLO) have dropped nearly a third since the military rulers of Niger, where the company is developing its Dasa uranium project, vowed on the weekend…
Antofagasta lands US$2.5B loan for Centinela copper expansion
Chilean miner Antofagasta (LSE: ANTO) has secured US$2.5 billion to finance a second concentrator at its Centinela copper mine in the country’s north, which will add 144,000 tonnes a year to…
JV Video: Quebec boosts critical minerals plan
Quebec has added germanium, manganese and apatite to its critical minerals list to remain abreast of emerging battery technologies, Jonathan Lafontaine, strategic advisor on mining to the Quebec government, says…
Net-zero goal within reach, or is it, new surveys argue
Solar energy will dominate the mining industry by 2040, or it will take an additional 20 years, according to two new executive surveys from different sides of the globe. Mining…
Poor forecasting triggers big writedowns for miners while some get lucky, study shows
Mining companies must improve their metal price forecasting to reduce mine failures and increase long-term returns for investors, according to a new study. Tumbling metal prices account for more than…
Lithium Americas gets record US$2.2B loan for Thacker Pass
The mine, which will supply General Motors, is a key part of US President Biden’s efforts to reduce dependence on Chinese lithium.
Northisle’s new gold resource may boost Vancouver Island project’s economics
Northisle Copper and Gold (TSXV: NCX) says its first resource estimate for the Northwest Expo deposit at its North Island project in British Columbia beat expectations and bodes well for…