Vale Base Metals mulls Manitoba exit
Vale‘s (NYSE: VALE) base metals subsidiary said Thursday it has started a strategic review to consider selling its nickel mining and exploration assets in Manitoba. The review is to…
base metals
Former Shell, Anglo leaders back new body to ease resource conflict
Resource Resolutions (RR), a new venture aimed at reducing growing societal and geopolitical divisions around natural resources, has announced a global advisory council comprised of eminent figures from industry, international diplomacy…
Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
Vale sinks to lowest market value since 2016 – Citibank
The stock market value of base metals giant Vale (NYSE: VALE) has fallen to its lowest since 2016 on investor concerns over iron ore and nickel as well as uncertainties…
Northern Miner editorial: dualities
The start of a new year brings a lot of dualities with it, especially if one is writing when the year isn’t quite over as The Northern Miner team rushes…
London Symposium: Rule, Roosen call for smarter junior mining investment
“No one ever won the Kentucky Derby with the best jockey on a donkey,” Osisko Development (TSXV: ODV; NYSE: ODV) founder and CEO Sean Roosen told an industry event last…
Far north Tombstone Belt gains exploration traction with Cantex, Rackla progress
The Eastern Tombstone Belt in the Yukon and Northwest Territories is gaining momentum as Cantex Mine Development (TSXV: CD; OTCQB: CTXDF), Rackla Metals (TSXV: RAK), and Fireweed Metals (TSXV: FWZ;…
Panama’s president blames previous gov’t for First Quantum mine crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum Minerals’ (TSX: FM) US$6.5-billion Cobre Panama copper mine. The operation,…
Osisko Metals shares rise on Gaspé copper resource boost
Osisko Metals (TSXV: OM) shares rose on Friday after the company posted an updated resource estimate for its Gaspé copper project, near Murdochville, Que., that increases contained copper-equivalent pounds by…
Exploration projects to watch: Eight companies hunting the globe for gold and critical metals
Exploration is the lifeblood of the mining industry and majors are always looking for junior explorers with prospective projects. Our snapshot this month looks at eight projects in Africa, Eastern…
Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The amount spent to find new mineral sources may grow little next year, even if gold prices continue their record run and President-elect Donald Trump cuts red tape, according to…
Vale and China’s GEM say new, US$1.4B Indonesian nickel plant will be net zero
The plant will process nickel laterite ore from the Vale unit into 66,000 tons of mixed hydroxide precipitate annually.