Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
lithium
E3 Lithium awarded $27M in federal innovation funding
Alberta-focused E3 Lithium (TSXV: ETL; OTC: EEMMF) has received a $27 million investment from the federal government’s Strategic Innovation Fund (SIF), the company said on Monday. The SIF, a…
Sibanye-Stillwater to spend $821M advancing Finnish lithium project
Precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) approved on Monday a €588 million ($821.6 million) investment to advance its Keliber lithium project in Finland. The South African miner said its…
Mexico to start producing lithium batteries in late 2023, as US, Asia invest
Mexico, which nationalized lithium resources in April, plans to start producing lithium batteries in late 2023 as it has secured foreign investment and the backing of the United States, its…
TSXV deepens rout during Nov. 14-18 trading week
The S&P/TSX Venture Composite Index retreated by 23.9 points or 4% over the Nov. 14-18 trading session to end at 575.88. Among only a handful of value gainers this week…
US Markets inch lower over Nov. 14-18 trading week
U.S. markets showed a modest decline over the Nov. 14-18 trading week as mixed data on inflation and retail sales were balanced by positive earnings in both the consumer cyclical…
Southwest US snapshot: Eight companies to watch
The U.S. Southwest is among the top mining regions in North America, with mine operations dating back to the 19th century. Here’s a glimpse of eight companies exploring for precious metals,…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of soaring demand boosted by strong…
Rock Tech drops lithium refinery plans in new Georgia Lake prefeasibility
Rock Tech Lithium (TSXV: RCK) released a prefeasibility study for its Georgia Lake lithium project in northern Ontario showing lower resource grades and a reduced net present value, while dropping…
Troilus sells claims to Sayona for $40M in shares, 2% NSR royalty
Troilus Gold (TSX: TLG; US-OTC: CHXMF) is selling a package of 1,824 claims covering 985 sq. km to Sayona Quebec, a subsidiary of Sayona Mining (ASX: SYA; OTC: SYAXF). The…
Cascading battery metal supply crunch to get serious from 2024, analysts forecast
Increasing consumption will outstrip the mining industry’s ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found. The report,…
Canada draws a line on critical minerals, but leaves unanswered questions
Less than a year after the federal government approved the takeover of Neo Lithium by China’s Zijin Mining without a full national security review under the Canada Investment Act, it…