Nemaska Lithium announces layoffs
Nemaska Lithium (TSX: NMX, US-OTC: NMKEF) plans to lay off 64 employees, or about half of its staff, after financing delays for its Whabouchi project in Quebec. “This difficult decision…
Industrial/Specialty Minerals
Lithium Americas feasibility boosts production capacity at Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) has released an updated feasibility study that boosted the production capacity of Caucharí-Olaroz lithium project in Argentina’s Jujuy province to 40,000 tonnes per annum from 25,000…
Revving up Greenland’s mineral production will take time
The MV Happy Dragon had just sailed into safe harbour at Charleston, S.C., when Hurricane Dorian forced the vessel back out to sea to await better weather. The cargo ship…
Ontario to work with First Nations to unlock Ring of Fire
Ontario is one step closer to making the Ring of Fire a reality. Rick Gregford, Minister of Energy, Northern Development and Mines, and Minister of Indigenous Affairs, announced in August…
Mystery nickel buyer could restart First Quantum’s Ravensthorpe
First Quantum Minerals (TSX: FM; LSE: FQM) management says it could have a buyer for any nickel produced from a restart of the venerable Ravensthorpe nickel-cobalt mine at Bandalup Hill…
‘Logic and law will prevail’ in dispute, Plateau Energy Metals’ CEO says
Plateau Energy Metals (TSXV: PLU) has lost its appeal to overturn a decision by the Instituto Geológico Minero y Metalúrgico (Ingemmet) to cancel 32 of its 149 concessions in Peru….
Giyani Metals completes study on manganese project in Botswana
Giyani Metals (TSXV: EMM) has published a preliminary economic assessment (PEA) for its 88%-owned K.Hill manganese project in Botswana. The early-stage study forecast total production of 245,000 tonnes of high-purity,…
Proposed Pala deal undervalues Cobalt 27: Anson Funds
In June, Cobalt 27 Capital’s (TSXV: KBLT) board agreed to a $501-million takeover offer from Pala Investments, which already owns 19% of the company. Cobalt 27 has a cobalt stream…
Top 10 US-based miners
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization. 1. Newmont Goldcorp Market cap: US$31.8 billion Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer…
Top 10 US-based mid-tiers to juniors, excluding non-coal and precious metals
The Northern Miner presents its top-10 list of U.S.-based mid-tier to junior companies, excluding coal and precious metals, according to market cap. 1. Intrepid Potash Market cap: US$432 million Intrepid…
Glencore to mothball Mutanda
Low cobalt prices and higher taxes under the new mining code in the Democratic Republic of the Congo have combined to make Glencore’s (LON: GLEN) Mutanda cobalt and copper operation…
TSX Venture edges higher, July 22-26: Great Bear, Rio2, Jervois Mining
The S&P/TSX Venture Composite Index climbed 0.16% to 592.89 during the trading week. Drill results and exploration success at its Dixie project in the Red Lake district of Ontario sent…