TSX Venture falls, March 30-April 3: Gold X, Meridian, Revelo, Morien
The S&P/TSX Venture Composite Index lost 1.19% to finish the trading week at 383.94. Gold X Mining’s shares rose 20¢ to $1.53. The junior, which is advancing its Toroparu project…
Industrial/Specialty Minerals
Editorial: Disruption – The new normal
What was surprising about the Prospectors and Developers Association of Canada (PDAC) conference this year was how many people actually showed up, with Covid-19 ripping around the world. According to…
US markets post slight gain, March 2-6: Fortuna, Vale, Mosaic, Intrepid Potash
The Dow Jones Industrial Average rose 1.79% to 25,864.78 and the S&P 500 advanced 0.61% to 2,972.37. Spot gold surged US$87.60 per oz. or 5.53% to US$1,673.10 per oz. Fortuna…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
Electric vehicles will be US$350B market in 15 years, study says
The global energy storage market is expected to balloon over the next 15 years, according to a report released by Lux Research. “The energy storage industry is poised for a…
TSX Venture dips, Jan. 31-Feb. 7: Revival Gold, Integra; Power Metals
The S&P/TSX Venture Composite Index fell 0.18% to 574.16 and gold finished the week at US$1,570.00 per oz., down US$18.50 per ounce. Revival Gold jumped 27¢ to 88¢ after the…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead desalinated water brought from its…
Electric vehicle sales could reach 43 million by 2030, B of A says
Sales of electric vehicles (EVs) are likely to hit 3 million this year, but should skyrocket to between 21 million and 43 million by 2030, according to a new report…
Commentary: Five things to watch for in battery metals this year
In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article….
Danakali begins work on Eritrean potash project
Danakali (LON: DNK) has kicked off the first development phase of of its world-class Colluli potash project in Eritrea by selecting the team in charge of the Engineering, Procurement and…
Trade tensions and ESG policies top issues for miners, survey says
Global law firm White & Case has released the results of its fourth annual survey on mining and metals, identifying trade and ESG issues as the industry’s top concerns for…
Anglo American goes back to fertilizers with US$527M purchase of Sirius Minerals
Anglo American (LON: AAL) is expanding into fertilizers after agreeing to acquire Sirius Minerals (LON: SXX), the British junior struggling to build a huge fertilizer mine beneath a national park….