Honda drops $15B Ont. EV plant: reports
Honda is indefinitely shelving its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, a setback for Canada’s ambitions to build a domestic EV supply chain as demand cools and…
Articles by Colin McClelland
Ontario to axe early-stage red tape, Lecce says
Ontario is preparing legislation this year to slash red tape on early-stage projects as it shifts its minerals strategy towards defence metals and backs Toronto’s bid to host a Nato bank, Energy and Mining Minister…
Getchell nears 1M oz indicated gold in Nevada as dispute lingers over claims
Getchell Gold (CSE: GTCH; US-OTC: GGLDF), which is contending with alleged illegal staking on its Fondaway Canyon project in Nevada, has issued a new resource raising indicated tonnage by more…
Metals Australia eyes $1.3B Quebec graphite refinery
Metals Australia (ASX: MLS) has outlined an $884-million (C$1.26-billion) capital cost for its proposed battery-grade graphite refinery in Quebec as a new preliminary economic assessment highlights strong downstream economics tied…
China, Ecuador sign $1.7B deal on gold project
Ecuador has signed a $1.7-billion (C$2.32-billion) mining contract with China’s CMOC Group for the Los Cangrejos project, one of the country’s largest gold deposits, a move that could establish a…
China copper smelters hit record, space satellites show
Activity at copper smelters in China rose to an all-time high in March as buyers of the red metal increased purchases following a price slump, according to Earth-1, which monitors…
Shut Nova Scotia mine may hold $118M in gold
St Barbara (ASX: SBM) has secured Nova Scotia’s approval to process about three million tonnes of ore remaining at the closed Touquoy gold mine. The recovery may earn the company…
Omai soars on gold resource update in Guyana
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) has lifted its contained gold by about 22% at its eponymous project in Guyana while upgrading about half the resource into stronger categories….
Angola flooding closes African copper export route
Flooding in Angola has halted rail traffic along the Lobito Corridor, disrupting a key export route for copper and cobalt from Central Africa and raising the prospect of supply bottlenecks…
M&A: Denarius targets Emerita in Spain’s zinc-copper belt
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) offered to buy Emerita Resources (TSXV: EMO; US-OTC: EMOTF) in an all-share deal that would consolidate assets in Spain’s Iberian Pyrite Belt while adding…
Gold price wins in Iran war, but not copper
The U.S.-Iran war may shave as much as 0.7% off the global economy and push gold prices higher as investors focus on a swelling U.S. deficit and a weaker dollar,…
Orla’s double-digit gold assays extend Musselwhite
Orla Mining (TSX: OLA; NYSE: ORLA) says new drilling at its Musselwhite mine in Ontario shows more high-grade gold zones over 2 km beyond workings, boosting the case for longer…