US, Orion, Abu Dhabi plan $5B mining fund
The United States government has teamed up with Orion Resource Partners and Abu Dhabi’s ADQ to create a $1.8 billion fund to invest in critical minerals – another step in…
cobalt
Electra ‘fully funded’ to build Ontario cobalt refinery
Electra Battery Materials (Nasdaq, TSXV: ELBM) says it’s now fully funded to complete the construction and commissioning of what would be the first cobalt sulphate refinery in North America. The…
The Northern Miner Treasure Hunt: Cobalt – the silver rush that transformed the Ontario bush
🎥 Watch the video: [English] | [French]🗞 Read the full article in French Standing atop Nipissing Hill Lookout, the history of the surrounding town of Cobalt, Ont. is in…
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Anglo American, Arc Minerals end Zambia venture
Anglo American (LSE: AAL) and junior partner Arc Minerals (LSE: ARCMA) have ended their copper and cobalt exploration joint venture in Zambia by mutual agreement, marking the close of Anglo’s…
New Ontario rules aim to speed up mine approvals
Ontario has introduced rules designed to cut mine approval times by half – a move that Energy and Mines Minister Stephen Lecce insisted will make the province more competitive in…
Trump revives Ambler Road; puts $35.6M into Trilogy
President Donald Trump on Monday directed United States agencies to reissue permits for the 340 km Ambler industrial road in northwest Alaska and announced a $35.6 million (C$50 million) federal…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Appian sells royalty, streaming assets to Versamet
Mining advisory firm Appian Capital sold two royalty and streaming assets to Canada’s Versamet Royalties (TSXV: VMET) for up to US$170 million in cash, of which $125 million is paid…
DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Congo strategy nearly doubles cobalt price
The price of cobalt sulphate entering the electric vehicle battery supply chain in China has soared more than 90% since the start of the year after top producer the Democratic…
US adds copper, potash, silicon to critical minerals list
The U.S. government has added copper, potash and silicon to its draft list of critical minerals in the most significant overhaul since it was first published in 2018. The update, mandated…