Canadian mining capex reached decade high in 2022
Capital spending in Canada’s mining industry increased by 14% to $13.5 billion last year, its highest in a decade, the latest figures published by Natural Resources Canada showed. The sector’s…
Nickel
Why junior explorers will emerge from the dust
No doubt 2023 has been a difficult year for the junior mining sector. Across the board we’ve seen small-cap explorers sell-down toward multi-year lows. A decade of underinvestment in new…
Asteroid mining startup to launch mission in early 2024
AstroForge, a U.S.-based startup with plans to mine asteroids, is fine-tuning details for the launch of a spacecraft in the first quarter of next year, which would make it the…
Video: Robert Friedland warns we’re ‘on the verge of destroying ourselves as a species’
Robert Friedland arrived fresh off a flight from Mongolia just in time to be the last keynote speaker of The Northern Miner’s Canadian Mining Symposium in London, U.K., Oct. 12-13. …
Ontario snapshot: Seven companies in discovery and development mode
From the nickel hotbed of the Sudbury Basin to the high-grade gold of Red Lake and newer critical metal discoveries in between, Ontario hosts some of the world’s most productive…
CMS: Friedland mocks lithium but touts battery tech
Robert Friedland, billionaire founder and executive co-chair of Ivanhoe Mines (TSX: IVN), criticized lithium mining at a London conference, ridiculed the West’s green energy transition and urged prayer to end the…
Canada Nickel’s Crawford feasibility pegs capex at US$3.5B, mine life at 41 years
Canada Nickel Company (TSXV: CNC; US- OTC: CNIKF) has released the results of a feasibility study for its Crawford nickel sulphide project, outlining an operation with capital costs of US$3.5…
NASA to launch first mission to metal-rich asteroid
After years of planning and a one-year delay, NASA is set to launch a highly-anticipated mission to the metal-rich asteroid Psyche from the Kennedy Space Center in Cape Canaveral, Florida,…
Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…
Vale taps BluestOne to repurpose nickel refinery waste in Brazil
Vale (NYSE: VALE) has inked a commercial off-take and non-binding deal with BluestOne, a Brazilian company that transforms waste to products for agriculture, to extract materials from its Onça Puma…
Canadian miners drive value in TSX Top 30 rankings
Seven out of the 30 companies on the Toronto Stock Exchange’s TSX30 list, which ranks the top-performing stocks over three years, are in the mining sector. While the industry at…
Canada, France boost critical minerals cooperation
The governments of Canada and France have agreed to work on deepening their bilateral cooperation on critical minerals, the group of key metals and minerals necessary for the world to…