Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to […]
Author: root
Juniors shine on TSXV 50 ranking
A handful of Canadian juniors have rocketed to the top of the TSX Venture Exchange’s 50 highest-performing emerging companies last year, according to data from […]
China-backed $3 billion Indonesia nickel smelter risks shutdown
One of the biggest nickel smelters in Indonesia has slashed production and is close to shutting down completely, just months after the collapse of its […]
Vale logs loss on Canada impairments, but analysts welcome share buyback, dividends
Brazilian miner Vale reported on Wednesday a $694 million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, […]
Eramet to tighten belt with markets still weak
French mining group Eramet on Wednesday said it will trim spending and boost productivity gains this year as it still faces unfavourable metal markets that […]
Glencore weighs ditching London as primary listing
Glencore (LON: GLEN) is considering to shift its primary listing from London, likely to New York, or another venue where it can “get the right valuation” […]
TMC shares surge on high-grade alloy production
Shares of The Metals Company (Nasdaq: TMC) surged 15% on Wednesday after announcing the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a […]
Glencore weighs ditching London as primarily listing
Glencore (LON: GLEN) is considering to shift its primary listing from London, likely to New York, or another venue where it can “get the right valuation” […]
Nornickel reports 37% drop in 2024 net profit
Russia’s Nornickel, a major world producer of refined nickel and palladium, said its 2024 net profit fell 37% to $1.8 billion as Western sanctions and […]
Nornickel says it is in active talks on China JV
Russia’s Nornickel, a major producer of refined nickel and palladium, said on Tuesday it is in active talks on a joint venture in China with […]
Australia passes tax incentives law for critical minerals
Australia’s parliament has passed laws that would give production tax breaks for critical minerals and renewable hydrogen, in a boost for energy transition plans as […]
Power Nickel to raise $28M for polymetallic project in Québec
Power Nickel (TSXV: PNPN) has priced its recently announced private placement at C$2.83 a share, raising approximately C$40 million ($28 million) for its Nisk nickel-copper-platinum […]
