GM ramps up EV push with plans to make battery materials in Canada
General Motors and South Korea's POSCO will build a $400 million facility to produce battery materials in Canada.
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Strike forces Excellon Resources to halt Mexican silver mine
Unionized workers at La Platosa silver mine in Durango have walked off the job after collective bargaining talks broke down.
Copper price retreats after hitting all-time high
Meanwhile, nickel and other metals surged as Western sanctions against Russia disrupted supply from the major producer.
UK retail traders buy the dip in Russian mining stocks
Precious metals miner Polymetal and steel firm Evraz are the two most-bought shares on AJ Bell’s platform over the past week.
Potential Russian oil ban pushes gold price above $2,000
Gold extended its biggest weekly advance since July 2020 amid reports of the US and its allies contemplating an embargo of Russian oil.
Copper Fox hits near-surface mineralization from Schaft Creek metallurgical drilling
Copper Fox Metals (TSXV: CUU) has released analytical results from the 2021 metallurgical drilling program at the Schaft Creek project in British Columbia, […]
Ukraine invasion sets back Musk’s dream for cheaper EVs, for now
Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries.
Rock Tech Lithium could build €400m plant in Romania
The plant would produce enough to supply 500,000 cars with lithium-ion batteries per year.
Honduran Minister says new mining restrictions not retroactive
The government announced on Monday that permit cancellations, as well as a sweeping prohibition on open-pit mining, were needed due to harm the extractive sector poses to natural resources, public health and water access.
