Ivanhoe Electric shares fall in debut after US$169M IPO
Shares in Ivanhoe Electric (TSX: IE; NYSE-AM), the latest endeavour of mining magnate Robert Friedland, were falling on their trading debut on Tuesday morning after the company raised as much…
Nickel
Canada Nickel confirms discovery at Reid, drilling 354 metres of 0.24% nickel
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has received results from drilling at the Reid property in Ontario, where two holes were recently completed as part of its regional exploration…
Post-pandemic demand, Russia-driven supply troubles buoy copper price outlook
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year’s second half. Credit rating agency Moody’s Investors…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
Base and Battery metals Snapshot: Eight companies to watch
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base…
Vale advances plans to produce nickel sulphate in Canada
Vale, the world’s top nickel and iron ore producer, has completed a prefeasibility study for its proposed nickel sulphate facility in Bécancour Que., the company said on June 9. The…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry’s first known sustainability-linked financing…
EV Nickel intersects high-grade nickel at Shaw Dome in Timmins
Shares of EV Nickel (TSXV: EVNI) jumped more than 150% on the day after the company reported results of three drill holes from its program at the Shaw Dome project’s…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…
GMS: Quebec ready to partner with critical mineral explorers and developers
Backed by its recent actions in the critical minerals space, the Quebec government laid out a strong case for why mineral exploration and mining development in the francophone province is…
Toronto Exchange to launch battery metals index
Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition. The S&P/TSX Battery Metals Index…
BofA identifies the prime causes of violent metal short squeezes
New analysis published by Bank of America Global Research has found on-warrant metal inventories and net non-commercial positions as the leading metrics that could signal the risk of violent short…