TNM Drill Down: Top gold assays of the week Sept 16-23
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
Canada
Vital Metals opens rare earths processing plant in Saskatoon on EV highway
Australia’s Vital Metals (ASX: VML), the first producer of rare earth minerals in Canada, opened a processing facility in Saskatoon this week that will feed into the global demand for…
Baffinland gets nod from Nunavut board to extend Mary River operation until year-end
Baffinland Iron Mines has received a positive recommendation from the Nunavut Impact Review Board (NIRB) to temporarily increase production at its Mary River iron ore mine in Canada’s Nunavut territory…
Korea’s LG taps three Canadian EV battery mineral suppliers
LG Energy Solution of South Korea has signed agreements with three Canadian suppliers of minerals used in electric vehicle batteries as it bets on North America to become a fast-growing…
Glencore buys Newmont’s stake in Argentina copper-gold project
Mining and commodities giant Glencore (LSE: GLEN) is buying Newmont’s (TSX: NGT; NYSE: NEM) minority stake in the Argentinean MARA copper-gold project, a joint venture created in 2020 between the…
Prairies Snapshot: Eight companies to watch
Manitoba and Saskatchewan consistently rank top among the world’s premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS &…
Sierra Metals halts 2022 production and finance guidance on Peru mine blockade
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) said a group of residents from the Peruvian town of Alis are blocking the access to its flagship Yauricocha copper mine, where production has…
Electra to refine cobalt in Ontario for LG as EV demand surges
Toronto-based Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) signed its first production agreement for North America’s only cobalt refinery today, agreeing to supply LG Energy Solution of Seoul with about…
GM invests in Canadian lithium-ion battery recycler
General Motors is boosting efforts to secure lithium supplies, a crucial ingredient for electric vehicle (EV) batteries, by investing in Canadian battery recycling company Lithion Recycling Inc. The move creates…
Beaver Creek: Miners get things done in underexplored West Africa
Amid an ebbing of mining investment sentiment as project proponents big and small take a pause and wait out decade-high inflation and high interest rates, West Africa is an outlier,…
Critical needs could go unmet as talent pipeline runs dry
Just as Canada is attracting key investments to build up its critical minerals infrastructure, a shortage of critical expertise could hinder the country’s lofty ambitions. A case in point is…
Teck says Elkview outage to cost 1.5M tonnes in coal production
Canada’s largest diversified miner Teck Resources (TSX: TCK.A/TCK.B; NYSE: TCK) said on Wednesday it expects to lose coal production of about 1.5 million tonnes due to a structural failure at its…