TSXV deepens rout during Nov. 14-18 trading week
The S&P/TSX Venture Composite Index retreated by 23.9 points or 4% over the Nov. 14-18 trading session to end at 575.88. Among only a handful of value gainers this week…
Battery metals
The View from England: Exploration lessons from the Pharaohs
One-hundred years ago a five-year search culminated in arguably the world’s greatest ever exploration success. No, not a mineral deposit (although lots of gold was found), rather the almost intact…
Vale inks nickel deal with GM that could be worth $760M a year
Industry giant Vale (NYSE: VALE) has landed its first large-scale electric vehicle battery deal in North America, supplying nickel to power a slew of General Motors’ cars and trucks, the…
U.S. military to assess Canada critical minerals projects for funding, but none approved yet
Canadian battery mineral miners and explorers are sniffing around hundreds of millions of dollars in potential funding from the United States military, but there are no firm deals yet to…
Cascading battery metal supply crunch to get serious from 2024, analysts forecast
Increasing consumption will outstrip the mining industry’s ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found. The report,…
West faces daunting task to compete with China in critical minerals race, says Neo Performance CEO
Engaging in the global critical minerals market means facing up to the huge challenge presented by China, says Neo Performance Materials‘ (TSX: NEO) CEO and president Constantine Karayannopoulos. Speaking during an…
Canada draws a line on critical minerals, but leaves unanswered questions
Less than a year after the federal government approved the takeover of Neo Lithium by China’s Zijin Mining without a full national security review under the Canada Investment Act, it…
Industry groups welcome $10B in Ottawa’s budget update
Canada’s major mining industry group and a green energy think tank are welcoming nearly $10 billion spread over tax credits for clean technology, mining project approval improvements, innovation research and…
Ontario Mines Minister Pirie targets red tape for Ring of Fire
Ontario Mines Minister George Pirie, a 35-year mining industry veteran before his election in June, says he plans to consider cutting project red tape “fairly shortly” while encouraging more federal…
Ottawa forces Chinese divestments in critical minerals companies
The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in the name of national security. On…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
Federal government stiffens guidelines on foreign involvement in Canada’s critical mineral sectors
The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada’s critical minerals sectors. In a joint news release issued…