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…
cobalt
As Ontario joins clean energy talks, federal minister Wilkinson looks to streamline project approvals
Ontario has joined a country-wide consultation process to hammer out energy and mining strategies for transitioning to clean power using critical minerals, Canada’s natural resources minister said on Tuesday. The…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE:…
Stillwater Critical enjoys ‘sweet spot’ in Montana’s Lower Stillwater PGMs Complex
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is “rewriting the book” on the Lower Stillwater Igneous Complex in Montana, says president and CEO, Michael Rowley. The company’s evaluation of the…
Sherritt to recoup $362M of debt from Cuban partners through ‘cobalt swap’
Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle $362 million of total outstanding receivables over five years, beginning Jan. 1, 2023. The agreements, known as…
USGS, NASA to map southwestern United States for critical mineral potential
The U.S. Geological Survey (USGS) and NASA are teaming up to map portions of California, Colorado, Nevada, Arizona, New Mexico and Utah for critical mineral potential. The US$16-million, five-year, government-funded…
Canada Nickel gets US$10M loan for post-feasibility work at Crawford
Canada Nickel (TSX-V:CNC; OTCQB: CNIKF) has secured a US$10 million loan facility with Auramet to continue advancing its 100%-owned Crawford nickel-cobalt sulphide project in northern Ontario following the release of…
TSX falls during Sept. 19-23 trading week
Stocks were pummelled over the Sept. 19-23 trading period as investors fled, fearing a global recession brought on in part by central banks raising interest rates to quell inflation. The S&P/TSX…
Electra to refine cobalt in Ontario for LG as EV demand surges
Toronto-based Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) signed its first production agreement for North America’s only cobalt refinery today, agreeing to supply LG Energy Solution of Seoul with about…
Glencore eyes adding lithium to its trading business
Mining and commodities giant Glencore (LSE: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the…
Quebec Snapshot: Eight companies to watch
With a long and storied history of exploration and mine development, favourable mining policies, excellent infrastructure and a skilled workforce, Quebec is one of the world’s top mining jurisdictions for…
Talon Metals’ Tamarack nickel project continues to grow
Talon Metals (TSX: TLO; US-OTC: TLOFF) and Rio Tinto’s (NYSE: RIO; LON: RIO; ASX: RIO) Tamarack nickel project in central Minnesota, continues to grow, with the miners finding thicker, higher-grade…