TSX moves higher, Oct. 11-15
The S&P/TSX Composite Index rose 511.8 points or 2.51% to 20,928.10 during the Oct. 11 to Oct. 15 trading week. The S&P/TSX Global Mining Index increased 5.73 points or 6.02%…
Copper
Pallinghurst raises ownership in Nouveau Monde; takes stake in Talon Metals
The Pallinghurst Group is raising its stake in Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) and taking an initial stake in Talon Metals (TSX: TLO). Pallinghurst’s graphite subsidiary is increasing…
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
What the energy transition may bring for five battery metals – report
ING Economics has published a new report in which its experts predict what the energy transition might bring for five key metals: copper, aluminum, nickel, cobalt, and lithium. Taking into…
Appetite for ‘green energy metals’ drives deals
Demand for ‘green energy’ metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients….
South32 buys stake in KGHM Chilean mine for about US$1.55B
Australia’s South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for US$1.55 billion in cash…
Foran Mining boosts McIlvenna Bay copper-zinc resource
Foran Mining (TSXV: FOM) has updated the indicated resource at its 100%-owned McIlvenna Bay copper-zinc project in east-central Saskatchewan, reporting a 70% increase in indicated tonnage. Foran is working towards…
Green Energy Metals Snapshot: Eight companies with large ambitions
Canada is rich with resources needed to fuel the electrification of modern society, and Canadian companies are rich with ideas for finding lithium, nickel, copper, cobalt, and PGMs wherever they…
World Copper pursues low-cost oxide strategy
World Copper (TSXV: WCU; US-OTC: WCUFF) is making headway on developing compelling low-cost, oxide-resource-based copper projects in Chile and the United States, CEO Nolan Peterson told The Northern Miner in…
Ivanhoe keeps DRC copper mine expansion ahead of schedule
Kamoa-Kakula Phase 2’s concentrator plant is now expected to begin full operations in Q2 2022.
Newcrest PFS for Red Chris block cave mine confirms potential, pegs cost at $2.6B
Newcrest Mining (TSX: NCM; ASX: NCM), operator of the Red Chris gold-copper mine, says a just-completed prefeasibility study for underground block caving at the operation confirms its potential to become…
Antofagasta to test use of hydrogen in mining equipment
Antofagasta (LSE: ANTO) has become the first mining company in Chile to set-up a pilot project to advance the use of hydrogen in large mining equipment, especially haulage trucks. The pilot, set up at the company’s Centinela copper…