https://www.sudbury.com/ Mines Minister George Pirie confirms additional funding will be added to the Critical Minerals Innovation Fund over the next three years to boost research into sustainable extraction of new metals required to support the battery electric vehicle industry Ontario Mines Minister George Pirie said today Ontario is committed to strengthening the province’s critical minerals ... Read more ..read more

https://www.bnnbloomberg.ca/ Nickel 28 Capital Corp. said it has fired its founders, including chief executive officer Anthony Milewski, after an investigation uncovered “serious misconduct” — claims the ousted management team says are untrue and part of a years-long battle for control at the Canadian mining firm. The nickel and cobalt producer removed Milewski, along with president ... Read more ..read more

Home De Beers has reduced prices for smaller rough diamonds at this week’s sight, with manufacturers saying the adjustments aren’t enough to ease their profitability challenges. The miner cut the price of 3-grainer (0.75-carat) and smaller goods by 4% to 6%, market insiders told Rapaport News Tuesday. In 4- to 6-grainers (1 to 1.5 carats), ... Read more ..read more

https://www.wsj.com/ Miners are expanding their operations and ramping up production as prices for the precious metal climb to decade high A booming solar-power industry is driving a surge in the demand for silver, which is needed in large quantities to make photovoltaic panels. Silver is integral to the production of solar photovoltaic—or solar PV—panels because ... Read more ..read more

https://www.msn.com/ With gold hovering near record highs, some experts have warned against diverting savings into the precious metal. In early April, gold reached a new record price just shy of US$2,400 per ounce, and while the price of bullion has since slipped, it has still advanced more than 12 per cent this year. With prices ... Read more ..read more

https://www.mining.com/ Red Pine Exploration (TSXV: RPX) said on Monday that investigations into past assay results from its Wawa gold project in Ontario found no evidence of inconsistencies, and that the company can rely on the validity of those results. Last week, the Toronto-based gold junior issued a press release stating that it was withdrawing all ... Read more ..read more

https://www.reuters.com/ The London Metal Exchange’s (LME) warning shot to those looking to game the new sanctions on Russian aluminum appears to have worked, for now at least. Traders swooped on the LME’s stocks of Russian brand aluminum after the US and UK governments banned exchanges from taking delivery of Russian metal produced after April 12. ... Read more ..read more

https://www.theglobeandmail.com/ The election of a pro-business president in Panama is raising hopes that Canadian miner First Quantum Minerals Ltd.’s pained prospects in the country might improve. First Quantum’s Cobre Panama mine was ordered to close late last year by outgoing president Laurentino Cortizo after the country’s Supreme Court ruled that its mining contract was unconstitutional. ... Read more ..read more

https://www.bnnbloomberg.ca/ (Bloomberg) — South Africa’s biggest labor union federation urged local shareholders, including the powerful Public Investment Corp., to oppose BHP Group Ltd.’s bid to buy Anglo American Plc. The Congress of South African Trade Unions, which includes the National Union of Mineworkers among its members, said a deal wouldn’t be in the national interest. ... Read more ..read more

https://www.canadianminingjournal.com/ The massive expansion of Canada’s mining industry in the early twentieth century brought miners into close contact with one of the most fire-prone ecosystems on the planet ― the great boreal forest. Although prospectors sometimes lit fires to clear land for exploration, the smell of smoke and the site of flames more often signaled ... Read more ..read more