Trafigura faces US$577M loss on alleged nickel fraud
Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn’t contain the metal they were…
Nickel
Anglo American invests $24M in Canada Nickel’s Crawford project in Ontario
Anglo American (LSE: AAL) is buying a minority stake in Canada Nickel (TSXV: CNC; OTCQX: CNIKF) to advance its Crawford project in northern Ontario with improved processing as battery metals…
Exclusive AME Roundup video: Mark Ferguson, Research Director at S&P Global Market Intelligence
Measures like the Inflation Reduction Act in the U.S. pressure automakers to source critical minerals in ESG-friendly jurisdictions, but it could be challenging to change supply chain flows already directed…
Industry scolds U.S. for mining ban in Minnesota wilderness area
The mining industry is criticizing a United States government decision to remove a large swath of northeastern Minnesota from development for 20 years even as the administration promotes critical minerals…
Stillwater expands resource, nickel by more than half at Montana project
Stillwater Critical Minerals (TSXV: PGE; OTC: PGEZF) has increased its resource estimate tonnage significantly at its Stillwater West battery and platinum metals project in Montana as it looks to emulate…
Energy Metals Snapshot: Eight companies to watch
As zero-emissions technologies continue to develop, demand is steadily rising for uranium, nickel, lithium, copper and graphite. Here’s a glimpse of eight companies exploring for or mining the energy metals. Baselode Energy …
SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp
SPC Nickel (TSXV: SPC) has entered into a cooperation agreement with Vale Canada that will see the company consolidate into a single property the West Graham and Crean Hill 3 nickel-copper…
B.C. mineral exploration expenditures hit a record in 2022, says Premier
British Columbia-focused mineral explorers set a new spending record in 2022, hitting $740.4 million, announced Premier David Eby on Monday during an industry event in Vancouver. The figure surpasses the…
Canada Nickel confirms major discovery larger than flagship Crawford project in Ontario
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has released assay results confirming the Reid property as a major discovery with a target footprint larger than its flagship Crawford nickel-cobalt discovery…
CaNickel PEA gives Bucko Lake 13-year mine life
CaNickel Mining (TSXV: CML) has released results of a preliminary economic assessment (PEA) and mineral resource estimate on the company’s Bucko Lake nickel mine, outlining a 13-year project with average…
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Resource nationalism on the rise, says VRIC’s Jay Martin, as mining juniors head to Vancouver
There’s no denying the world is an entirely different place compared with a year ago, says Cambridge House International’s president and CEO, Jay Martin, as more than 300 mining juniors…