Critical materials markets 2021 outlook
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president of Toronto-based Stormcrow Capital spoke…
Nickel
Australian developer Wyloo to take up 22.5% of Noront shares
Noront Resources (TSXV: NOT) says it welcomes the investment in the company by Australian explorer and developer Wyloo Metals Pty Ltd. “We are delighted that Wyloo Metals has chosen to…
Rio Tinto, Bluejay sign JV on nickel project in Finland
Explorer and developer Bluejay Mining (LSE: JAY) has inked a joint venture and earn-in agreement with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to advance the Enonkoski nickel project,…
Giga Metals targets battery market with Turnagain nickel project
Giga Metals (TSXV: GIGA; US-OTC: HNCKF) has tabled an updated preliminary economic assessment (PEA) on its Turnagain nickel-cobalt project in B.C., 65 km east of Dease Lake. The early-stage study…
Canada Nickel adds to resource at Crawford in Ontario
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has grown its Crawford nickel-cobalt sulphide project near Timmins, Ontario. According to an updated resource estimate, total measured and indicated resources now stand…
Glencore talks nickel with car, battery makers
Global miner and commodities trader Glencore (LSE: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in the market and Tesla CEO…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
US grabs stake in battery metals miner to fight Chinese control
The U.S. government is taking a US$25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country’s reliance…
TSX Venture rises, Sept. 28-Oct. 2
The S&P/TSX Venture Composite Index climbed 1.92% to finish the Sept. 28-Oct. 2 trading week at 708.60. Spot gold rose US$37.60 per oz., or 2.02%, to US$1,898.80 per ounce. New…
Palladium One extends mineralization at Kaukua South
Palladium One Mining (TSXV: PDM; US-OTC: NKORF) has extended the Kaukua South zone at its flagship Lantinen Koillismaa (LK) platinum-nickel-copper project in Finland, 190 km northeast of the port city of…
Tesla to eliminate cobalt from electric vehicles
At Tesla’s live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company’s plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that…
Raymond James raises price forecasts for base metals, iron ore
Raymond James forecasts higher average prices for copper, nickel, lead, zinc and iron ore, but lower prices for uranium, its analysts wrote in a research note. The financial services firm…