JV Content: Ontario comes out ahead in mines to EV race
In the global competition for investment in the new, low-carbon economy, Ontario stands out as an existing centre of both mining and auto manufacturing, a conference in Washington, D.C. heard…
Nickel
Canuck carbon firms vie for Musk-funded US$100M
Arca, a company that’s signed a deal with BHP (LSE: BHP; NYSE: BHP; ASX: BHP), is one of three Canadian technology firms in the running for the US$100-million Xprize carbon…
Grid Metals increases resource by a third at MM copper-nickel project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba. The combined indicated open pit resources…
Underwater power play for metals in full swing
Despite its stranglehold on mining and processing, there’s one arena of critical minerals that China doesn’t control – underwater resources. No one does, as deep sea mining has yet to…
Glencore takes 15.4% Stillwater Critical Minerals stake
Swiss diversified miner Glencore (LSE: GLEN) has increased its stake in Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) to 15.4% for a total investment of $7.1 million in less than…
First Quantum to shut Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to close its Ravensthorpe nickel operation in Western Australia. The ceasing of operations at the mine this week will cut around…
Grid drills 4.7% lithium at Falcon West project in Manitoba as part of critical minerals hub
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) says its first drilling at the Falcon West project bodes well for building a critical minerals resource in southeast Manitoba where it also has…
Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone
Power Nickel (TSXV: PNPN; US-OTC: PNPNF) increased its ownership of the Nisk project to 80% from Critical Elements Lithium (CRE: TSXV) and reported new drill results from a polymetallic zone. The…
Magna plans Crean Hill nickel-copper bulk sample
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is now fully permitted to conduct a 400,000-tonne bulk sample at its past-producing Crean Hill nickel-copper project in Sudbury, Ont. The company, which received…
Ontario snapshot: Eight companies seeking out precious and critical metals
Canada’s most populous province hosts numerous historic mines and has potential for many more new developments. Here are eight companies exploring for precious metals and critical minerals such as lithium,…
Horizonte Minerals fails to secure cash for nickel mine, shares plunge
The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.