Iran war threatens aluminium supply as outages deepen, prices surge
The Middle East conflict could remove up to 3–3.5 million tonnes of aluminium output, about 5% of global supply, and put nearly another 7 million tonnes at risk, tightening a…
Canada
Bonterra grows gold resource near mill in Quebec
Bonterra Resources (TSXV: BTR; US-OTC: BONXF) boosted measured and indicated gold resources 42% at the Desmaraisville project’s Bachelor and Moroy deposits in Quebec, making the case to restart mining closer…
New F3 Uranium assays lift Saskatchewan project’s ‘credibility’: analyst
New drilling by F3 Uranium (TSXV: FUU) at the company’s Broach property in northern Saskatchewan’s Athabasca Basin produced several high-grade hits. Hole PLN25-219A in the Tetra zone cut 13 metres…
OceanaGold finds high-grade gold in New Zealand
OceanaGold (TSX: OGC; US-OTC: OCANF) said recent drilling at its Wharekirauponga deposit in New Zealand points to a new high-grade zone emerging outside current reserves. Highlight hole WKP144A cut 5.4…
Glencore seeks Canada funding for copper smelter
Glencore (LSE: GLEN) said it’s seeking Canadian government funding to modernize its copper processing plants in Quebec – including the century-old Horne smelter and a sister refinery in Montreal. The…
Canada key as Vale plans base metals profit surge
Vale‘s (NYSE: VALE) base metals business could generate more than one-third of the Brazilian mining group’s pretax profit over the coming decade as production climbs and efficiencies kick in, executives…
Moonshot puts global metals scramble on display
Artemis II is set to lift off tomorrow, spotlighting the geopolitical race for the metals behind modern spaceflight. The flight around the Moon, without landing, will carry astronauts aboard the…
PDAC Video: Mining’s real gap is productivity, McKinsey partner says
Mining can likely raise the $4.6 trillion (C$7 trillion) it needs to meet energy transition metals demand by 2035, but weak productivity may prove a hard barrier to cross, McKinsey…
PDAC Video: Canagold drills to unlock New Polaris antimony potential
Canagold Resources (TSX: CCM; US-OTC: CRCUF) is drilling 7,000 metres this year at New Polaris in northwestern British Columbia to pull more antimony into the project’s economics, CEO Catalin Kilofliski…
Quebec may delay Horne smelter emissions targets
Quebec has opened the door to giving Glencore (LSE: GLEN) more time to ensure that its Horne copper smelter — the only one of its kind in Canada — complies…
Agnico buys 14% of Cascadia Minerals in Yukon
Agnico Eagle Mines (NYSE, TSX: AEM) is buying 14% of Cascadia Minerals (TSXV: CAM) to support the Carmacks copper-gold project in the Yukon and regional exploration. Cascadia’s stock sales —…
Fireweed nets $61.5M to advance zinc, tungsten projects
Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) remote critical metals projects in Canada’s Far North are gaining increasing strategic and industrial backing as it receives a $61.5-million (US$44.1-million) investment to help…