Tesla to eliminate cobalt from electric vehicles
At Tesla’s live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company’s plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that…
Copper
Luminex Resources finds high-grade mineralization at Condor
Luminex Resources (TSXV: LR; US-OTC: LUMIF) has released drill results from a five-hole, 3,300-metres drill program at its Condor gold-copper project in the Zamora-Chinchipe province in southeast Ecuador, 400 km southeast of…
Pebble Partnership CEO resigns over leaked tape
Northern Dynasty Minerals (TSX: NDM, NYSE: NAK) announced Wednesday that Tom Collier, chief executive of its U.S.-based subsidiary Pebble Limited Partnership, has submitted his resignation in light of comments made…
BHP options Elliott copper project in Australia
BHP (NYSE: BHP; LSE: BHP) has signed an option agreement with Encounter Resources (ASX: ENR) over the Australian explorer’s 4,500-sq.-km Elliott copper project, in the Northern Territory. The pact would…
Raymond James raises price forecasts for base metals, iron ore
Raymond James forecasts higher average prices for copper, nickel, lead, zinc and iron ore, but lower prices for uranium, its analysts wrote in a research note. The financial services firm…
Troilus Gold launches new drill program in Quebec
Troilus Gold (TSX: TLG; US-OTC: SKREF) has initiated a 20,000-metre drill program at its flagship 1,073-sq.-km Troilus gold project in Quebec’s Frotet-Evans greenstone belt. The program is designed to upgrade…
Rockcliff drills Tower deposit in Manitoba
Recent drill results from Rockliff Metals’ (CSE: RCLF) wholly owned Tower property in central Manitoba have increased the strike length of the Tower deposit to 1,000 metres and hit mineralization…
Ecuador’s constitutional court allows referendums on new mining projects
Ecuador’s highest court has ruled that communities have the right to hold referendums on whether or not proposed large and medium-scale mines can move forward, but said the public can…
US markets slip, Sept. 14-18
The Dow Jones Industrial Average fell 0.03% to finish the Sept. 14-18 trading week at 27,657.42 and the S&P 500 Index dropped by 0.84% to 3,319.47. Spot gold climbed US$8.80…
TSX mixed, Sept. 14-18
The S&P/TSX Composite Index fell 0.15% to 16,198.97 during the Sept. 14-18 trading week. The S&P/TSX Global Mining Index rose 0.52% to 101.18, and the S&P/TSX Global Base Metals Index…
TSX Venture moves higher, Sept. 14-18
The S&P/TSX Venture Composite Index climbed 1.64% to finish the Sept. 14-18 trading week at 745.37. Spot gold closed the week at US$1,988.90 per oz., up US$8.80 per oz. or…
Prairies snapshot: Eight companies to watch
Manitoba and Saskatchewan are among the world’s premier jurisdictions for mining and mineral exploration. Here’s a look at eight companies with assets in the provinces. ALX Resources ALX Resources (TSXV:…