Staff Writer

Australia Increases Critical Minerals Fund by Over $1 Billion to Attract International Investors

Australia is expanding its critical minerals sector to address a potential fiscal shortfall caused by declining demand for fossil fuel exports in a world transitioning to decarbonization. The country's lithium shipments amounted to A$20 billion ($12 billion) in...

Glencore’s Pursuit of Teck and Resource Nationalism: Insight from Don Lindsay

Don Lindsay, the former CEO of Teck Resources, recently attended The Northern Miner's Canadian Mining Symposium in London, U.K. During an interview with Adrian Pocobelli, the host of TNM's podcast, Lindsay shared his insights on Glencore's pursuit of...

Ma’aden Maintains 9.9% Stake in Ivanhoe Electric by Subscribing for Additional Shares

Saudi state-owned miner Ma'aden has exercised its right to maintain a 9.9% equity stake in Ivanhoe Electric, a Vancouver-based copper developer focused on the US market. Ma'aden will subscribe for an additional 1.51 million common shares at the...

Vital Metals Appoints New Chairman and CFO

In an important development, Vital Metals (ASX: VML) has announced the permanent appointment of Richard Crookes as chairman and Lara Lacusso as chief financial officer (CFO). This move comes after Crookes served as interim non-executive chairman since February...

New Found Gold hits 67.5 g/t over 2.7 metres at Golden Joint

One of the best results include 67.5 g/t over 2.7 metres, including 108 g/t over 1.7 metres. There were several other short intervals, including 190.24 g/t over 0.3 metre, 140 g/t over 0.4 metre, 194 g/t over 0.5 metre,...

Gold Royalty CEO Applauds Court Ruling for Easing Mining Regulations

In a recent interview at The Northern Minerβ€˜s Canadian Mining Symposium, Gold Royalty CEO David Garofalo shared his insights on the implications of a new court ruling that could ease mining regulations. He expressed his belief that...

Copper Price Hits 11-Month Low as Demand Growth Prospects Diminish

The price of copper for delivery in December dropped 0.3% on the Comex market in New York early Monday, reaching $3.57 per pound ($7,854 per tonne). Last week, LME-tracked stockpiles of copper surged to their highest level since October...

MXenes and Ruthenium: A Breakthrough for Sustainable Green Hydrogen Production

Producing green hydrogen that is cost-effective and sustainable has always been a challenge in the chemical industry. However, a recent study has found a potential solution: MXenes, 2D nanostructured materials, supported by ruthenium. This breakthrough has the...

Canadian Mining Capex Hits Decade High in 2022

When market conditions are unfavorable and financing options are limited, companies tend to preserve capital. Conversely, when the outlook for demand and prices improves, firms accelerate their investment plans to enhance cash flow and profits. According to NRCan...

Rio Tinto to up production capacityΒ at Gudai-Darri, its newest iron ore mine

The world’s biggest iron ore producer shipped 83.9 million tonnes (Mt) of the steel-making ingredient from its Pilbara operations in the three months ended Sept. 30, compared with 82.9 Mt a year earlier. The $3.1 billion Gudai-Darri mine began production...