Articles for tag: Canada, exploration, Infographic, lithium

February 27, 2025

Ron Finklestien

mining

Visual Guide: Exploring Lithium Resources in Canada

Canadian Lithium Exploration Continues Amid Price Declines Patriot Battery Metals’ flagship Corvette lithium project in Quebec. Credit: Patriot Battery Metals Exploration firms across Canada are actively searching for lithium found in both hard rock formations and brines extracted from old oil wells. Despite a significant drop in lithium prices—from a peak of approximately $70,000 per tonne in late 2022 to the current level of around $10,600 per tonne—exploration activities are underway at an accelerated pace in Canada. The Northern Miner examines the differences in market capitalizations among the key players engaged in lithium exploration in Canada, contrasting the peak price

March 20, 2024

Ron Finklestien

mining

Calibre’s Ambitious Expansion: Eyes Set on Canada, US, and Nicaragua

Calibre’s Strategic Allocation of Funds Calibre’s recent move to secure $74 million in funding has set the stage for a significant advance in its projects spanning across Canada, the US, and Nicaragua. The earmarked funds will fuel the ongoing development of the Valentine gold project in Newfoundland, the El Limon and La Libertad gold mines in Nicaragua, and the Pan gold mine in Nevada. Additionally, provisions have been made for further exploration initiatives and to bolster general corporate operations and working capital reserves. Valentine Gold Project: A Marvel in the Making A standout among Calibre’s endeavors is the wholly-owned Valentine

February 27, 2024

Ron Finklestien

mining

Canada Rare Earth forges strategic ties in the Democratic Republic of Congo

New Expansive Operations Aiming to bolster its position in the market, Canada Rare Earth has ventured into the Democratic Republic of Congo to scout for mineral concessions with an eye on acquisition. The company’s strategic objective is to secure 2-3 exclusive sources of rare earth concentrate and other minerals for operational purposes by the conclusion of 2024. This bold move is poised to revamp the supply chain significantly, leading to a reduction in costs and an enhancement of efficiency. In synergy with the existing artisanal supply chain, Canada Rare Earth seeks to optimize its operations in the region. Speaking on

January 31, 2024

Ron Finklestien

mining

Silver’s Emergence as a Critical Mineral in North America Silver’s Emergence as a Critical Mineral in North America

The case for silver In December 2023, Natural Resources Canada embarked on a journey to review Canada’s Critical Minerals list and methodology, inviting public commentary. One criterion highlighted the imperative role of the mineral in propelling the nation towards a low carbon and digital economy. Silver, revered as the ultimate electrical and thermal conductor, along with its unrivaled reflective properties, is heralded as indispensable for various industrial and technological applications. The surge in demand for technologies such as solar power has fueled a corresponding increase in industrial demand for silver. Global demand and industrial applications In 2023, global silver demand

January 24, 2024

Ron Finklestien

mining

Tahltan Nation Development Corporation and Finning Canada Launch Innovative Mobile Training Centre Tahltan Nation Development Corporation and Finning Canada Launch Innovative Mobile Training Centre

The introduction of the Mobile Training Centre marks a significant milestone for the Tahltan Nation Development Corporation (TNDC) and Finning Canada. This pioneering 44-foot trailer is designed to house four simulators, each with its own operator training program. The simulators cater to a range of heavy equipment, including articulated trucks, dozers, loaders, and excavators. Moreover, plans are underway for the development of an additional program to further enrich the learning experience. Within the confines of the Red Chris mine, situated in the Tahltan Nation’s traditional territory, the Mobile Training Centre is poised to provide unparalleled flexibility by facilitating relocation to

January 9, 2024

Ron Finklestien

mining

Epiroc and Vale Canada partner to strengthen safety safety processes

Epiroc and Vale Canada partner to advance safety processes Epiroc and Vale Canada Join Forces for the Future The collaboration between Epiroc and Vale Base Metals signals a new era in mining safety, with a shared vision to drive innovation and set higher safety standards without sacrificing productivity. Sarah Hoffman, Epiroc’s Vice President of Sales and Marketing for the underground division, expressed excitement about the collective commitment to revolutionize safety in the mining industry. Vale Base Metals is poised to integrate Epiroc’s cutting-edge technology and digital advancements in underground operations, aiming to eliminate direct human presence in hazardous areas such