Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
SRG Mining
‘We can raise more money in the Middle East,’ says junior that left Canada for UAE
The graphite junior that redomiciled to the United Arab Emirates to access funding amid Canada’s clampdown on Chinese investment in critical minerals says it’s the first junior to do so,…
Would Canada allow Rio Tinto to buy Teck? Miners aren’t so sure
The federal government’s attempt to clarify its rules for foreign investment in mining is instead causing more confusion as the industry grapples with changing rules under the Investment Canada Act. …
Dead Solaris deal has cash-strapped Canadian miners considering the door
Some of Canada’s leading mining law firms say their clients are considering leaving the country because the federal government’s clampdown on Chinese investment has closed off an important funding lifeline. …
Ottawa diverts $3M rare earths sale from Chinese firm in ‘case of elevated interest for Canada’
The federal government has brokered the sale of $3 million in stockpiled rare earths mined in the Northwest Territories by Vital Metals (ASX: VML), the company said Monday, as Canada…
Australia directs Chinese crit-min backers to divest
Australia has ordered several China-linked investors to sell their 10.4% holding in rare earths project developer Northern Minerals (ASX: NTU) in a move similar to Canada’s two years ago. The…
Technology Metals Snapshot: Eight juniors developing next generation metals
While mining is best known for supplying the world with precious and base metals, technology metals – such as lithium, cobalt and transition metals – are needed for advanced applications,…
TSX Venture slips, June 8-12: Artemis Gold, Rupert Resources, SRG Mining
The S&P/TSX Venture Composite Index fell by 0.36% to finish the June 8-12 trading week at 554.91, with gold finishing the week at US$1,730.50 per oz., a rise of US$46.50…
Energy Metals Snapshot: Eight companies powering the future
Growing moves by governments and organizations to set a price on carbon emissions have set up a prospective niche market in battery metals exploration and development. Lithium, cobalt, graphite and…