https://www.northernontariobusiness.com/ Hometown mine builder on a fast pace to put former INCO asset back into early production by year’s end Seventeen months after acquiring a dormant INCO nickel and copper mine in Sudbury, Magna Mining said it’s ready to begin test mining later this year. The hometown mine developer announced April 23 it has all ... Read more ..read more

https://www.bnnbloomberg.ca/ Copper prices have risen all week, buoyed by surging investor confidence amidst ongoing concerns over tight supply conditions for the metal. The London Metal Exchange (LME) saw copper prices climb as much as 4.4 per cent this week from Monday’s level. ‘This is the second secular bull market that we’ve seen in copper this ... Read more ..read more

Homepage Nunavut Mining Symposium runs until Thursday; trade show open to the public on final day Leaders from the three regional Inuit organizations in Nunavut came together Tuesday to discuss mining and its impact on the territory. The session was part of the annual Nunavut Mining Symposium, which opened April 22 and runs until April ... Read more ..read more

https://www.mining-technology.com/ Miners in Australia are feeling the brunt of the global nickel price crash, from mine closures to forecast reductions and government intervention. How did things get so bad and is recovery possible? Annabel Cossins-Smith investigates. The global nickel market has been volatile for years now. The price rollercoaster of 2022 saw prices for the ... Read more ..read more

https://www.theglobeandmail.com/ Since Rio Tinto bought Canada’s Alcan in 2007, the Anglo-Australian mining giant has been good at making big promises, but slow to fulfill them. This is especially proving to be the case with its plan to produce zero-carbon aluminum. The Quebec aluminum operations that Alcan built up over more than 80 years until its ... Read more ..read more

https://www.bnnbloomberg.ca/ (Bloomberg) — A little-known Australian company is becoming the Western face of a Chinese nickel behemoth. In under a decade, Nickel Industries Ltd. has gone from a relatively small miner to the world’s sixth-biggest producer of a metal used in products from batteries to stainless steel. Riding a Chinese-led boom in Indonesia’s nickel sector, ... Read more ..read more

https://apnews.com/ WARSAW, Poland (AP) — The U.K. prime minister said Tuesday the country is putting its defense industry on a “war footing” by increasing defense spending to 2.5% of GDP by the end of the decade, and pledged to send arms worth 500 million pounds ($620 million) to Ukraine. Prime Minister Rishi Sunak described the ... Read more ..read more

https://www.thestar.com/ Honda has agreed to establish a new, multibillion-dollar electric vehicle operation in Ontario, according to government sources. OTTAWA — Japanese automaker Honda has agreed to establish a major new, multibillion-dollar electric vehicle operation in Ontario, according to federal and provincial government sources. The deal is expected to be announced Thursday at Honda’s existing factory ... Read more ..read more

https://www.kitco.com/ (Kitco News) – Last Friday at midnight, the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME) enacted the most comprehensive limitation on Russian exports to date: a ban on all Russian metal produced after April 12. The move was made to bring the LME into compliance with the latest U.S. and U.K. ... Read more ..read more

https://www.northernontariobusiness.com/ Aston Minerals endowed with both gold and nickel deposits at its Edleston Project A promising new nickel sulphide project in the Timmins area is growing in size and tonnage. Aston Minerals has released a new mineral estimate of its two deposits at its Edleston Project, showing a 44 per cent bump in the indicated ... Read more ..read more