European Metals Holdings (EMH) saw its stock price soar on Monday after the Czech government declared its Cinovec lithium project a “strategic investment”. The announcement marks a major victory for the ASX-listed company, which has been working on the project since 2012. Cinovec is one of the largest lithium deposits in the world and it…
Canada Nickel Company Inc. has reported high nickel recoveries from its Reid Brook nickel-cobalt-copper project located in the central part of the province of Newfoundland and Labrador. The company said that it has achieved nickel recoveries of up to 95% in its initial metallurgical test work. It added that the results have exceeded expectations and…
Since the turn of the century, Canada has fallen from its standing as the world’s leading producer of minerals. Economic analyses estimate that for the globe’s top 10 countries, Canada’s rankings have dropped from the top or near-top producer in most minerals, to as low as the 8th or 9th in the rankings. A newly…
BHP (ASX: BHP) has revealed the signing of a partnership agreement with HBIS Group, one of the world’s major steel producers. The collaboration aims to conduct trials on direct reduced iron (DRI) production, utilize BHP iron ores in blends, and advance a separate enhanced lump stage 2 trial focused on reducing carbon emissions from blast…
A recent independent economic impact analysis, commissioned by the Mining Association of British Columbia (MABC), reveals that 16 proposed critical mineral mines in the province hold a pivotal position. These mines represent a near-term investment of C$36 billion, with the potential to generate 300,000 person-years of employment and contribute C$11 billion in tax revenues. In…
The demand for critical minerals such as lithium, cobalt, and rare earth elements is surging, fueled by their crucial roles in clean energy technologies, electric vehicles (EVs), and advanced electronics. This escalating demand has led the mining industry to innovate in both financing and operational practices to ensure sustainable extraction. New financing models are being…
Gold investment has been surging in recent months, as investors seek out safe havens amid the economic uncertainty created by the coronavirus pandemic. The price of gold has climbed to a seven-year high, and demand for the precious metal has been increasing significantly. Investors are turning to gold as a reliable asset to protect their…
A photo captured by Agnico Eagle showcases the Northern Lights above the Meliadine mine in the Kivalliq district of Nunavut. On Thursday, Canada officially handed control of its vast Arctic territory, Nunavut, over its reserves of gold, diamonds, iron, cobalt, and rare earth metals. This action has the potential to stimulate exploration and development in…
The fate of a controversial gold mining project in French Guiana, jointly operated by Russia and Canada, hangs in the balance as Paris deliberates on its environmental and social implications. The Montagne d’Or gold mine, situated in the lush rainforests of French Guiana, has sparked fierce debates over the potential economic benefits versus the ecological…
Orla Mining’s exploration results from near-pit drilling at the Camino Rojo gold mine in Mexico suggest the potential for expanding resources and extending the current 10-year mine life, according to the company’s announcement on Thursday. The successful drill program in the proposed layback area near the open-pit mine indicates the possibility of replenishing some of…