VRIC: Gold set to gain as shine comes off US dollar
Escalating U.S. debt and a global move away from the U.S. dollar as the world’s reserve currency presents opportunity for gold and a complex landscape for mining, a recent industry…
Canada
NiCAN shares soar on high-grade nickel results at Wine project in Manitoba
Shares in Manitoba-focused NiCAN (TSXV: NICN) surged 266.6% Wednesday on new assay results showing its longest zone of nickel-equivalent mineralization to date at its Wine property in west-central Manitoba. Diamond…
Northern Graphite shares up on news of battery materials group launch
Shares in Northern Graphite (TSXV: NGC; US-OTC: NGPHF) rose 25% Wednesday after it announced the launch of its NGC Battery Materials Group to lead its mine-to-battery strategy, which would make…
Top producers push for silver’s inclusion as a critical mineral in Canada and US
CEOs of 19 mining companies suggest a misconception about availability is why silver is not on Canada’s critical mineral list.
Barrick to spend US$136M on closure of failed Pascua-Lama project
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to spend US$136 million to definitively close its failed Pascua-Lama gold-silver project, straddling the border with Argentina. Its subsidiary, Compañía Minera Nevada, has submitted…
Sigma Lithium project in Brazil just got 27% bigger
Canada’s Sigma Lithium (TSX-V: SGML; NASDAQ: SGML) said on Wednesday its flagship Grota do Cirilo project in the Brazilian state of Minas Gerais contains more resources that previously thought, which…
How LFP batteries brought EV metal markets back to earth
When Elon Musk first announced Tesla’s move to LFP (lithium iron phosphate) batteries in February 2020, many were skeptical. LFP didn’t seem to fit with Tesla’s luxury and sporty carmaker…
AME Roundup confronts thorny industry issues
Last week’s AME Roundup shattered norms by hosting a session that didn’t shy away from one of the mining industry’s most divisive topics: the clash between resource development and Indigenous…
BC Land Act changes could grant Indigenous control over mining leases
British Columbia’s Ministry of Water, Land and Resource Stewardship is contemplating changes to the way land use decisions are made in the province — and it could have a big…
Lumina Gold kicks off feasibility study for Ecuador project
Lumina Gold (TSXV: LUM) has hired Ausenco Engineering to lead the feasibility study for its Cangrejos gold-copper project in Ecuador, which the company said is the world’s top 15 gold…
Canadian Copper inks offtake, credit facility for Murray Brook in NB
Canadian Copper (CSE: CCI) has entered into an offtake agreement for copper concentrates from its Murray Brook deposit and an unsecured credit facility with Ocean Partners U.K. The offtake deal…
TNM Drill Down: Snowline Gold’s Rogue reports the week’s top assay
Our TNM Drill Down features highlights of the top gold assays from Jan. 19-26. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….