Canada’s oil sands firms face pressure to spend on transition
While oil sands companies are being cautious with cash, Alberta has asked Ottawa to fund a C$30-billion, 10-year program to develop carbon capture.
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Germany to shut down 1.5 GW of coal generation by December
Germany has promised to abandon coal by 2038 and achieve a mostly carbon-free energy system by 2050.
Stars are aligning for uranium price rally
Two new reports argue for a leap in uranium prices as China commits to 46% increase in nuclear capacity, Europe designates it "green" and inventory is hoovered up.
Nuclear energy could drive decarbonisation in Canada’s heavy industries – report
Research shows small modular reactors' potential to decarbonize heat and power in high-emitting industrial sectors.
Heavy rains put pressure on Brazilian iron ore shipments
Seasonal rains at the Ponta da Madeira port, Vale's iron ore and manganese loading terminal in the Northern System resulted in fewer shipments from Carajás.
Biden’s EV plan throws fuel on already hot car-charging sector
Biden on Wednesday proposed spending $174 billion to promote EVs and increase the number of charging stations by 12-fold.
Kirkland Lake expects Detour to produce up to 900k oz annually by 2032
Technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025.
Red Chris resource from Newcrest confirms block cave potential
Measured and indicated resources contain a total of 13 million gold ounces and 3.7 million tonnes of copper.
Argonaut completes C$10 million placement with Ausenco
Argonaut has also provided a Magino construction update, which is proceeding on and ahead of schedule.
