Analysis: Rate cuts may boost mining M&A
As summer holidays beckon, investors typically exchange their screens for a beach. However, with increased volatility in the market and more rate cuts expected this month by both the Bank…
Canada
Tracing global nickel production to its sources
Nickel is an essential component in electric vehicle (EV) batteries, solar panels and alloys for the aerospace industry. Nickel demand for EVs is projected to grow about 40 times by…
One person injured in accident at Victoria Gold’s Eagle mine
One person sustained non-serious injuries in the accident at Victoria Gold‘s (TSXV: GCX) Eagle mine in Yukon, which caused a landslide and potential cyanide leak, the second landslide this year,…
Arianne Phosphate’s US$1.7B Quebec project set to be major supplier
Arianne Phosphate (TSXV: DAN; OTCQX: DRRSF) says its US$1.7 billion Lac à Paul purified phosphoric acid (PPA) project could be the largest producer of the fertilizer and battery ingredient outside…
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. …
Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…
Victoria Gold must rapidly secure landslide site: expert
Victoria Gold (TSXV: GCX) must quickly stabilize its Eagle gold mine site to prevent another landslide and a spill to neighbouring property, a landslide expert says. The company suspended operations and…
E3 Lithium study pegs Alberta project cost at $2.5B
E3 Lithium (TSXV: ETL; US-OTC: EEMMF) says its Clearwater project with Canada’s largest resource of the battery metal will cost US$2.5 billion to build in the same oilfields where Alberta’s petroleum…
New Pacific shifts focus to social issues after robust Silver Sand prefeasibility
New Pacific Metals’ (TSX: NUAG; NYSE-AM: NEW) prefeasibility study for the Silver Sand project in Bolivia calculates a robust return on an initial US$358-million investment. But the company could face…
Lundin Mining to up stake in Caserones copper mine to 70%
Lundin Mining (TSX: LUN) said on Wednesday it will increase its ownership of the Caserones copper-molybdenum mine in Chile to 70% by acquiring an additional 19% interest for US$350 million. …
Photos of Victoria Gold accident show heap leach landslide in Yukon
Victoria Gold (TSXV: GCX) has suspended operations at its Eagle mine in the Yukon after an accident at its heap leach pad. There were no injuries, the company said. The…
Skeena secures $1B finance package for Eskay Creek gold-silver development
Skeena Resources (TSX: SKE; NYSE: SKE) is getting US$750 million ($1.02-billion) in funding from Orion Resource Partners to finish the Eskay Creek mine redevelopment in northern British Columbia. Orion will…