Noront chooses Algoma Steel, Hatch for Ring of Fire projects
Hatch will supply engineering and project support for the Eagle’s Nest and Ring of Fire chrome projects and earn an equity interest in the mines.
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New underground PFS cuts capex for Fission Uranium’s Triple R deposit
The savings stem from a simplified water control strategy.
Newmont officially opens all-electric Borden mine
Both the Canadian and Ontario governments each granted the company C$5 million towards electrification.
Eight energy firms dropped from Canada’s main equity index
Analysts said the rebalancing of Canada's flagship index underlined the challenge to energy companies in attracting investment.
Highland Copper announces positive PEA for White Pine North project
The PEA is highlighted by an after-tax NPV of $416 million (at 8% discount), as well as an after-tax IRR of 16.8%.
World’s number one copper producer forced to tap markets for mines overhaul
Chile's Codelco has a new funding strategy that includes issuing debt and selling non-structural assets.
Pierre Lassonde says gold could hit $25,000 in 30 years
The financial demand is being driven by negative interest rates.
First Quantum slumps after saying it’s not in takeover talks
The owner of Africa’s biggest copper mine is headed for the biggest loss in seven weeks.
Poland’s biggest coal firm to give miners more cash as election looms
Coal has fuelled Poland's economy for years and a promise to support it has been used in previous political campaigns.