Ottawa to back Indigenous groups buying project equity
The federal government is to start an Indigenous loan guarantee program in this year’s budget due April 16, according to a senior official at the Natural Resources Ministry. The program…
Battery metals
Electra Battery to source cobalt from Eurasian Resources for Ontario refinery
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM;) has signed an agreement with Eurasian Resources Group (ERG), one of the world’s leading cobalt producers, for long-term supply of the metal for…
Canada extends exploration tax credit
The federal government is extending its 15% mineral exploration tax credit for investors in flow-through shares for another year. The extension, expected to provide $65 million in support for exploration,…
Chile opens 26 lithium salt flats to private companies
Chile has revealed a long-awaited list of lithium-bearing salt flats that will be open to private investors with the goal of increasing local production of the battery metal by 70%…
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…
Fortune Minerals gets federal funding for NWT project, Alberta refinery
Fortune Minerals (TSX: FT) will receive a $714,500 investment from the Canadian government to produce cobalt sulphate and bismuth ingots from the company’s planned NICO mine in the Northwest Territories…
Video: New Ontario rules due April 1, Pirie says
Mine approval times are to be shortened without changing environmental standards in new Ontario regulations to be delivered next week, provincial Mines Minister George Pirie says in a new video….
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…
Technology becoming a hot commodity among miners, says law firm
The mining sector’s recent shift towards adopting technology to tackle rising costs is turning digital intellectual property into a valuable commodity in its own right, says global law firm White…
China’s clean-tech surge shakes markets and tests Western green resolve
Against China’s production boom, Western countries are trying to figure out how to build their clean-tech industries without being undercut by cheaper Chinese products. They’re stuck between wanting to secure…
Latin America snapshot: Eight companies hunting for gold, copper and more
For centuries, Latin America has been renowned for its vast mineral potential. Here are eight companies making the most of the opportunity as they explore in Argentina, Ecuador, Mexico and…