First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
Australia, NZ & South Pacific
Winsome looks to quickly scale up Adina lithium project in Quebec
Just months after unveiling an initial resource for its Adina lithium project in Quebec, Perth-based Winsome Resources (ASX: WR1) is gearing up to grow the deposit, which is located in…
Alcoa to halt production at Kwinana refinery
Aluminum producer Alcoa (NYSE: AA) confirmed on Tuesday that it plans to stop production at its loss-making Kwinana refinery in Western Australia after more than 60 years of operation. The refinery will cease…
TNM Drill Down: Aton Resources hits bonanza gold in Egypt
Our TNM Drill Down features highlights of the top gold assays from Dec. 15-30. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
Lithium junior Kali Metals soars on ASX debut, defying market trend
Shares in lithium explorer Kali Metals (ASX: KM1) jumped as much as 86% on its first day of trading on the Australian Stock Exchange, following an initial public offering in…
Core Lithium halts mining on ‘tough’ market conditions
Australia’s Core Lithium (ASX: CXO) has halted production at its Finniss operations and flagged a significant write-down on the value of its assets as the effect of the battery metal’s…
China’s CMOC attains cobalt output crown
Rising output from a new African mine helped China’s CMOC Group become the world’s largest cobalt producer over Glencore (LSE: GLEN). CMOC produced 55,526 tonnes of cobalt last year in…
Omnia Metals expands footprint in Canada with Dixie buy
Australia’s Omnia Metals Group (ASX: OM1) is expanding its exploration footprint in Canada with the acquisition of local junior Dixie Gold (TSXV: DG). The deal hands the A$3.8-million market cap…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
BMO cautions against excess gold sector royalty deals
A trend among gold developers to write royalties as a strategy to raise investor value amid a stifled financial market carries high risks, a new BMO Capital Markets report found…
Uranium hits new post-Fukushima high
The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming…
The Northern Miner’s top 10 most clicked stories of 2023
As we start 2024, The Northern Miner takes a look back at the top 10 most-clicked stories on our website in 2023. No. 1: Video – Robert Friedland warns we’re ‘on the…