Forum looking to fund exploration program in Saskatchewan

Forum looking to fund exploration program in Saskatchewan

Forum Energy Metals (TSXV: FMC) is seeking to raise $75,000 through a non-brokered private placement of up 1,250,000 flow-through common shares to explore the Love Lake mafic-ultramafic complex. The project is located along Highway 905 to the...

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Kootenay Silver, Pure Nickel on Eric Sprott investment blitz list

Kootenay Silver, Pure Nickel on Eric Sprott investment blitz list

Canadian explorers Kootenay Silver (TSXV: KTN) and Pure Nickel (TSXV: NIC) have received fresh injections of cash from Eric Sprott. The Canadian billionaire investor – also a pioneer in the gold-backed ETF industry – has splashed over C$145...

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Nornickel’s palladium fund to buy up to 500,000 oz in 2019

Nornickel’s palladium fund to buy up to 500,000 oz in 2019

Russian miner Norilsk Nickel’s Global Palladium Fund plans to buy between 300,000 and 500,000 troy ounces of palladium by the end of 2019, the miner’s chief financial officer said on Thursday. The fund of the world’s largest palladium producer...

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China News Weekly 123 – China January-July FDI up 7.3% Year on Year in  Yuan Terms

China News Weekly 123 – China January-July FDI up 7.3% Year on Year in Yuan Terms

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click the button below to subscribe.

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China Molybdenum seeks opportunities to beef up battery metals business

China Molybdenum seeks opportunities to beef up battery metals business

Fresh from closing a $518 million acquisition, metals firm China Molybdenum Co (CMOC) remains open to deals that would boost business in the booming electric vehicle (EV) battery sector, the company’s chief executive said on Friday. Cobalt...

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Chengtun Mining to Spend USD145 Million on Indonesia Nickel Smelter

Chengtun Mining to Spend USD145 Million on Indonesia Nickel Smelter

Chengtun Mining Group plans to lay out USD145 million to partake in the  construction of a nickel smelter in Indonesia. This investment will secure its supply of the resource, which is a key constituent of lithium batteries, the Xiamen, Fujian...

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Cobalt, nickel, other battery metals face supply crunch by 2020s — report

Cobalt, nickel, other battery metals face supply crunch by 2020s — report

Growing global demand for batteries that power electric vehicles (EVs) and high tech devices is set to cause a supply crunch of lithium, cobalt and nickel by the mid-2020s, global consultancy Wood Mackenzie predicts. The firm’s latest research...

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LME readies rule that would reveal private metal stockpiles

LME readies rule that would reveal private metal stockpiles

The London Metal Exchange is preparing a new rule designed to reveal the huge stockpiles of metal held in private storage, shining a light on one of the industry’s most opaque areas for the first time. Owners would have to notify the LME if they...

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Nickel price catches battery, export ban fever. Again

Nickel price catches battery, export ban fever. Again

Nickel is adding shine to the otherwise lacklustre 2019 industrial metals complex, as expectations of booming demand from electric vehicles and renewed supply worries rev prices to a one-year high. Nickel is now up 37% since the start of the...

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ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX Uranium (TSXV: AL) announced that it acquired claims prospective for nickel, copper and cobalt mineralization totaling approximately 7,169 hectares at its Falcon nickel project located in the northern Athabasca region of Saskatchewan. In a...

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DeepGreen closer to mining battery metals from the sea after $150m injection

DeepGreen closer to mining battery metals from the sea after $150m injection

Canada’s DeepGreen Metals, a start-up planning to extract cobalt and other battery metals from small rocks covering the seafloor, has secured the bulk of the $150 million it needs to carry out its first feasibility studies. The financing...

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