Feds inject $75M into BHP’s Jansen potash mine
The federal government is investing $100 million to support the development of BHP’s low-emissions Jansen potash mine in Saskatchewan, about 140 km east of Saskatoon. The cash injection will be…
Canada
SNC-Lavalin to develop Canada’s first small modular reactor before 2030
Candu Energy, a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear project. The project is…
TSX moves higher during Jan. 23-27 trading week
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80…
TSX Venture edges lower during Jan. 23-27 trading
The S&P/TSX Venture Composite Index was little changed over the Jan. 23-27 trading period, losing 1.8 points to end at 622.01. American Lithium gained 64¢ a share during the week,…
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
‘Timing is right’ for NWT to harness critical minerals boom, says minister
Canada’s Northwest Territories is positioned to capitalize on the coming critical minerals supply crunch, says the territory’s Industry, Tourism and Investment minister Caroline Wawzonek. The territory, perhaps best known for…
Kazatomprom reports a production miss
The world’s largest uranium producer, Kazakhstan’s Kazatomprom (LSE: KAP), saw its attributable output fell by 4.1% last year to 11,373 tonnes of uranium, down from 11,858 tonnes in 2021. On…
Weaker consumer confidence dents plug-in electric vehicle uptake, critical minerals briefing hears
Near-term macroeconomic conditions could slow the uptake of plug-in electric vehicles, but strong sales growth will persist through the medium term, an industry event heard this week in Vancouver. Capitalight…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Energy Metals Snapshot: Eight companies to watch
As zero-emissions technologies continue to develop, demand is steadily rising for uranium, nickel, lithium, copper and graphite. Here’s a glimpse of eight companies exploring for or mining the energy metals. Baselode Energy …
The view from England: Unfortunate alliances by mining leaders
Just brilliant! The mining industry is in urgent need of redemption but, at conferences in January, mining executives have aligned themselves with the Kingdom of Saudi Arabia (KSA) and an…
Equinox Gold says Greenstone on budget and on track for H2 2024 gold pour
Equinox Gold (TSX: EQX) says its majority-owned Greenstone project in northern Ontario is more than two-thirds complete, on schedule to pour gold in next year’s first half, and — most…