Geodrill CEO guides for growth as exploration budgets expand The company expects drill rig fleet size to increase by seven rigs by the end of 2022. Henry Lazenby | March 7, 2022 | 11:42 am
Lithium squeeze has Sigma looking to double Brazil capacity Sigma is about to join the ranks of commercial lithium producers just as prices of the metal skyrocket. Bloomberg News | March 7, 2022 | 11:37 am
In charts: EV metal demand accelerated in the second half of 2021 Surging EV sales in the Asia Pacific region brings a wall of metals demand. Henry Lazenby | March 7, 2022 | 11:01 am
Canada forges new EV supply chain path in bid to secure growth The country hopes to capitalize on its supply of critical minerals needed for electric vehicles, including nickel, lithium and graphite, to attract investors. Bloomberg News | March 7, 2022 | 10:53 am
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. Reuters | March 7, 2022 | 10:13 am
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. Cecilia Jamasmie | March 7, 2022 | 10:03 am
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. MINING.COM Staff Writer | March 7, 2022 | 9:58 am
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. Bloomberg News | March 7, 2022 | 9:49 am
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. MINING.COM Staff Writer | March 7, 2022 | 9:30 am