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...
Read moreCanadian 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...
Read moreRussian 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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Read moreFresh 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...
Read moreChengtun 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...
Read moreGrowing 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...
Read moreThe 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...
Read moreNickel 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...
Read moreALX 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...
Read moreCanada’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...
Read moreThe world’s largest miner, BHP (ASX, NYSE: BHP), has lifted its forecasts for the global adoption and sales of electric vehicles (EVs), but warns the electrification of the transport sector will proceed only as fast as the development of charging...
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