TSX Venture ends May 2-6 session lower
The S&P/TSX Venture Composite Index retreated by 44.46 points or 5.5% over the May 2-6 trading session to end at 769.97. Vancouver-based Chesapeake Gold rose 17¢ to close the week…
2022
Imperial Metals speeds up work to reopen Mount Polley copper mine
Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a…
Mining Indaba: First Quantum pulls trigger on US$1.3B Kansanshi expansion
The board of First Quantum Minerals (TSX: FM) has resolved to proceed with a US$1.3 billion expansion of the company’s cornerstone Kansanshi copper mine in Zambia, including the Enterprise nickel…
JV Article: The mining industry ‘needs to do a better job telling its story on climate-related risks and opportunities,’ says Manifest Climate’s Pete Richardson
Increasingly, financial regulators and investors are focused on ensuring that mining companies are prepared for the risks and opportunities of climate change. However, the consequences of climate change for the…
The view from England: Mining events avalanche
Rejoice, in-person events are suddenly back, with Mines and Money, Indaba, PDAC and, of course, the Venice Biennale crowding our calendars. I expect most of you have already made plans…
Green Battery Minerals rises on graphite assays from Berkwood project in Quebec
Shares of Green Battery Minerals (TSXV: GEM) rose to their highest price since mid-January as the company reported its initial assay results from 12 diamond drill holes completed in Zone…
Vale scores multi-year nickel supply deal with Tesla
Vale (NYSE: VALE), the world’s top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs)…
Two of McEwen Mining’s top execs step down
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons. Chief financial officer Anna…
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
Barrick ‘very comfortable’ with Reko Diq project despite Pakistan’s political uncertainty
A change in the government of Pakistan won’t impact the development of Barrick Gold’s (TSX: ABX; NYSE: GOLD) US$7-billion Reko Diq copper-gold project in Balochistan province, said CEO Mark Bristow…
EPA deals fresh blow to PolyMet’s US$1B copper-nickel mine
The U.S. Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining’s (TSX: POM) plans to build an open pit copper-nickel mine in Minnesota, by recommending that the…
Glencore to invest US$200M in battery recycling firm Li-Cycle
Glencore (LSE: GLEN) has inked a deal with Toronto-based Li-Cycle Holdings (NYSE: LICY) to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries. The company…