Teck sells closed Quintette coal mine for $120 million

The buyer, Conuma Resources, is a steelmaking coal producer based in northeast British Columbia, where the mine is located.

Staff Writer | December 20, 2022 | 3:48 am

Australia expects sharp lithium price pullback in 2024

Record spot prices will lift contract values for lithium miners next year but a surge in production to over 1 million tonnes by 2024 will put downward pressure on prices, according to a new government report.

Frik Els | December 19, 2022 | 3:44 pm

Ivanhoe Mines hits back at Sentry, Globe and Mail reports on police search of Vancouver office

Police searched the miner's office in November 2021 seeking information on $2.7 million in bank transfers from Ivanhoe to a Swiss bank account in connection with contracts for its Congolese mining operations.

Staff Writer | December 19, 2022 | 12:16 pm

Canada Nickel acquires former Texmont nickel mine

The historic mine is situated between the company’s Deloro and Sothman properties south of Timmins, Ontario.

Staff Writer | December 19, 2022 | 11:17 am

Toronto hedge fund surges 39% on lithium bets

The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium.

Bloomberg News | December 19, 2022 | 10:09 am

Perpetua awarded up to $24.8m under US Defense Production Act; stock jumps

The DPA funding allows the company to advance the construction readiness of the Stibnite project while the company continues through the ongoing permitting process.

Staff Writer | December 19, 2022 | 9:16 am

Trevali sells stake in Namibia’s Rosh Pinah mine to Appian

The embattled Canadian miner is also trying to sell its Caribou zinc mine, in the home country, as part of a court-sanctioned sales process.

Cecilia Jamasmie | December 19, 2022 | 6:17 am

Newcrest CEO leaves Australia’s top gold miner

Chief financial officer Sherry Duhe has become Newcrest’s interim chief executive while the company searches for a new leader.

Cecilia Jamasmie | December 19, 2022 | 3:26 am

Most Canadians see clean energy as safer, more affordable than fossil fuels – survey

A recent survey shows that Canadians in most provinces except Alberta, see clean energy systems as more affordable and safer than fossil fuel systems.

Staff Writer | December 18, 2022 | 7:24 am

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VIDEO: Where battery technology is going – and what it means for miners

Understanding how lithium-bearing pegmatites form is key to successful exploration efforts – study

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