Global First Power one step closer to creating Canada’s first small modular reactor
The Ottawa-based company has entered the formal phase of the Canadian Nuclear Safety Commission licensing process.
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First Cobalt more than doubles holdings in Idaho
The company has added Phoenix Copper’s Redcastle asset to its Iron Creek cobalt project through an earn-in agreement.
BHP’s Cerro Colorado mine in Chile signs labor deal with supervisory staff
The mine, which produced 68,900 tonnes of copper in 2020, has faced problems in its attempt to obtain environmental permits that would allow it to remain in operation.
Tight supply, accelerated EV story to keep lithium prices elevated — report
Lithium prices have experienced a significant rally this year as post-covid demand for lithium chemicals recovered alongside the automotive industry.
A game of chicken is clouding tax debate in top copper nation
As a controversial copper windfall tax goes before Chile’s senate, debate is being stymied by huge differences in estimates for the impact on producers.
Musk jolts bitcoin higher with push to burnish miners’ image
Elon Musk continued to toy with the price of Bitcoin Monday, taking to Twitter to indicate support for what he says is an effort by miners to make their operations greener.
Codelco strikes deal with Microsoft to fast-track digitization at its copper mines
The joint project will beef up the company's capacity to make its production processes more efficient and promote sustainability.
Gold price holds near 4-month peak despite bitcoin rebound
Hedge funds and other large speculators raised their net-long position in gold futures and options to the highest since January.
China steel body sees prices stabilizing, helped by crackdown on speculation
Prices in the world's top steel producing country surged in April and have fluctuated this month.
