The #mining ⛏️ industry in #Canada 🇨🇦 is a global powerhouse, producing over 60 #metals and #minerals, accounting for over 20% of all Canadian merchandise exports. Mining is a massive driver of the Canadian Economy! So why is it so underfunded?!? In this article we take a look at the oil and gas, EV/ Automotive and Mining & Exploration sectors and compare contributions vs funding and subsidies. In truth, the numbers are surprising and the disparity between industries raises some red flags and its time to start asking some questions. Have a read and leave a comment as we would love to hear your thoughts. #Nickel #Cobalt #Copper #Potash #Gold #Silver #Diamonds #Platinum #Palladium #Aluminum Glencore Anglo American BHP Jinchuan Group International Resources Co Ltd (GDZD) Vale Tesla GMC Ford Motor Company BMW of North America, LLC Stellantis Toyota Motor Corporation LG Electronics Samsung Electronics Canada Nickel Company $CNC FPX Nickel Corp $FPX First Atlantic Nickel Corp. $FAN EV Nickel Inc. (TSXV : EVNI) $EVNI Power Nickel $PNPN Alaska Energy Metals Corporation $AEMC Nickel Institute Magna Terra Minerals Inc. $NICU Spruce Ridge Resources Ltd. $SHL Noble Mineral Exploration $NOB Fathom Nickel Inc. $FNI Talon Metals Corp. $TLO Québec Nickel $QNI St-Georges Eco-Mining Corp $SX $SXOOF Doug Ford George Pirie #Mining #Exploration #Investing #Greentechnology #TSX #TSXV #CSE #JuniorMining #Resources #CriticalMinerals #BatteryMetals #Canada #DYODD Budget Breakdown – A look at what Canada is doing to support the mining industry. https://lnkd.in/gaPHzv9Q
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The Latest Mining Headlines Courtesy Of Xtrava Group... Fortescue signs US$2.8billion deal with Liebherr Group to convert two thirds of their mining fleet to zero emissions with battery technology. The deal was announced at this weeks MINExpo INTERNATIONAL. Trafigura announce their new CEO will be Richard Holtum, the 39 year old will take the helm from Jeremy Weir. Australia have approved the expansion of 3 coal mines in New South Wales, Whitehaven Coal, MACH Energy Australia Pty Ltd and Ashton Coal Operations Pty Ltd Part Of The Yancoal Australia Group all benefiting from the decision. Coronado Global Resources Inc. raised $400million this week through the sale of five-year note bonds. Ma'aden is aiming to take control of Aluminium Bahrain by becoming a majority shareholder at 21% for US$1billion. South32 received a US$166million grant from the US government as part of their critical minerals funding strategy ( U.S. Department of Energy (DOE)) for their Arizona based Hermosa zinc & manganese project. Anglo American have set final bids for their steelmaking coal assets for November the 11th, the assets are valued at approx. US$5billion. CRH CEO Albert Manifold has announced his retirement from the $62billion Building Materials company. Denison Mines Corp. has agreed to sell their majority stake in 10 x uranium exploration properties in Saskatchewan to Foremost Lithium for US$22million. Thiess and FLANDERS have agreed a deal to collaborate on bringing fleet decarbonisation options to mine owners in North America. #mining #miningnews #miningheadlines www.xtravagroup.com
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The Growing Potential of the Canadian Cobalt Industry Canada’s cobalt industry is seeing a renewed surge of interest as global demand for the metal rises, driven largely by its use in batteries for electric vehicles (EVs) and renewable energy storage. While Canada has long been a key player in the global mining sector, cobalt mining in the country has historically been overshadowed by other metals. However, this is rapidly changing, particularly in regions like Northern Ontario, where historic cobalt-producing mines are being revitalized. A key player in the Canadian cobalt industry is First Cobalt, which owns the only permitted cobalt refinery in North America. This refinery, located in Cobalt, Ontario, plays a crucial role in processing cobalt for the battery sector. The company is actively exploring additional reserves, with drilling programs at the former Bellellen mine uncovering significant cobalt and nickel deposits. Similarly, Canada Cobalt Works (formerly Castle Silver Resources) is working to bring its mines back into production. Their Castle Mine, known for high-grade cobalt and silver, is a promising asset with redevelopment plans. Northern Ontario’s Cobalt Camp remains a focal point for cobalt exploration, with companies like Cobalt Power Group and Canada Cobalt Works making significant strides. The area has a rich history of cobalt production, and with the help of new technologies and exploration strategies, there is significant potential to meet the growing demand for this critical mineral. As global demand for clean energy solutions increases, the Canadian cobalt industry stands poised for significant growth, offering both opportunities and challenges. The country’s rich cobalt deposits, coupled with its political stability, make it a desirable destination for investors looking to capitalize on the energy transition. However, as with any mining venture, environmental considerations and regulatory hurdles will need to be navigated carefully. Read more: https://lnkd.in/gM9x5juT https://lnkd.in/dZRw8ecD #Cobalt #CanadaMining #ElectricVehicles #BatteryMaterials #GreenEnergy
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September 10th: many more drill assay releases for BC and YT with exploration and land position updates for projects in BC. Some info not included: * Nord Precious Metals Mining reports silver values for a potential recovery permit strategy at the Miller Creek tailings pond near Gowganda, Ontario; * Kinross Gold completes a Preliminary Economic Assessment for the Great Bear Gold Project in Red Lake, Ontario; * Yukon Supreme Court approves a private bid by the Selkirk First Nation to buy the abandoned Minto Copper-Gold Mine near Pelly Crossing, Yukon; * Electra Battery Metals receives a $20 million investment proposal from an unnamed arm’s-length party, matching the funding amount it recently secured from the US government, for a low-carbon, permitted hydrometallurgical refining complex north of Toronto, Ontario; * Conuma Resources reopens the Little Windy Pit at the Quintette metallurgical coal mine south of Tumbler Ridge, BC, 24 years after being placed on care and maintenance after an approval process of just over 4 months; * CTI Plus Resources enters the planning phase with the IAAC regarding the proposal to construct and operate an open-pit metallurgical coal mine located about 47 kilometres southwest of Chetwynd, British Columbia. The newsletter link is in the comments! #BritishColumbia #Yukon #MineralExploration #Mining #NewsReleases
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🇨🇦 ⛏️Canada Nickel Company (TSX-V: CNC) Announces Positive Federal Conformity Determination for the Crawford Nickel Sulphide Project’s Impact Statement. “We are pleased that the IAAC has confirmed the adequacy of our Impact Statement, a testament to the comprehensive regulatory compliance and transparency efforts of both our team and the IAAC.” said Mark Selby, CEO of Canada Nickel. The public is invited to review and provide feedback on the Impact Statement and its summary. Further information can be found on the Crawford Nickel Project Registry page via the following links: Public Notice of Comment Period 🔹Summary of the Impact Statement 🔹Impact Statement 🔹Information Sessions 🔹Supporting Geospatial Data 🔹Letter from IAAC to CNC Regarding Impact Statement Verification “This milestone is more than just a regulatory checkbox,” continued Selby. “It is another step forward in the journey for the Crawford Nickel Sulphide Project from exploration to production. It is a testament to our team’s efforts that this has been the only mining project in Canada to reach this stage under the 2019 Impact Assessment Act.” 📈TSX-V: CNC - OTCQX: CNIKF📈 #NetZeroMetals #Nickel #Mining #Exploration #Canada #Nickelmining #Basemetals #CriticalMinerals #BatteryMetals #Miningstocks #Nickelstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #Nickelinvestment #TSXV #Stocks #Resource #Investing #Juniormining #EV #Greentech #Carboncapture #IPT #carboncredits For more information visit https://lnkd.in/gsKXCAgR
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✅Follow Nickel.com https://nickel.com for Nickel daily news - 📰Critical minerals targeted as Australia boosts resource hunt 📝Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits with a focus on reserves of critical minerals, which are vital for high-tech manufacturing and the green-energy transition. ✨ #Nickel #NickelNews #NickelMining #NickelUpdates #NickelMarket #NickelDotCom
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For years mining has underpinned Australia’s economy, but it’s no longer the source of GDP growth. This piece I had published in The Australian Financial Review looks at the disconnect between policy and the realities faced by the resources sector as typified by the McPhillamys gold mine decision, along with regulatory uncertainty, IR changes, high energy costs, and issues around exploration. Australia’s loss of international competitiveness means we should expect to see more investment heading to Africa, South America, the Middle East and Central Asia at the expense of Australian jobs. #australianmining #gold #criticalminerals #energytransition #ironore #copper #uranium #LNG #coal #ESG
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✅Follow Nickel.com https://nickel.com for Nickel daily news - 📰Critical minerals targeted as Australia boosts resource hunt 📝Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits with a focus on reserves of critical minerals, which are vital for high-tech manufacturing and the green-energy transition. ✨ #Nickel #NickelNews #NickelMining #NickelUpdates #NickelMarket #NickelDotCom
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This week, we’ve been talking about... 𝗦𝗲𝗲𝗸𝗶𝗻𝗴 𝗯𝗲𝘁𝘁𝗲𝗿 𝗳𝘂𝘁𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗿𝗲𝗽𝗮𝗶𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗽𝗮𝘀𝘁 🌍 Here are the top stories shaping the industry: 🏞️ £𝟭𝟱.𝟱𝗠 𝗽𝗹𝗮𝗻 𝘁𝗼 𝗰𝗹𝗲𝗮𝗻 𝗿𝗶𝘃𝗲𝗿 𝗳𝗿𝗼𝗺 𝗺𝗶𝗻𝗶𝗻𝗴 𝗰𝗼𝗻𝘁𝗮𝗺𝗶𝗻𝗮𝘁𝗶𝗼𝗻: A new facility will clean sediment from former mines, aiding dockyard operations and creating a site for offshore energy. https://lnkd.in/dd3jgybW 📊 𝗨𝗞'𝘀 ‘𝗜𝗻𝘃𝗲𝘀𝘁 𝟮𝟬𝟯𝟱’ 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆: The UK government has launched a consultation focusing on high-growth sectors like critical minerals, aiming for long-term investment stability. https://lnkd.in/dMaBTq3i 🌱 𝗖𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗲𝗱 𝗠𝗶𝗻𝗶𝗻𝗴 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲: The new standard aims to become the most widely adopted voluntary mining standard, with almost 100 companies participating. Public consultation is now open. https://lnkd.in/d9sdUXfn Which news caught your eye this week? Share it below! 👇 BBC News Critical Minerals Association (UK) Department for Business and Trade PR Newswire EMEA and India #CriticalMinerals #MiningNews #Sustainability #EnergyTransition #Mining #UK
This Week in Critical News: Seeking better futures and repairing the past
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Here's a summary of the latest news in mining investment: Battery Metals Boom: Lithium continues to be a hot ticket, with China planning a massive investment in lithium battery infrastructure and companies like Patriot Metals extending their lithium deposits (https://www.mining.com/). Coal Makes a Comeback: Met coal prices are rising due to supply chain issues, making it a surprisingly attractive investment for some companies (https://lnkd.in/enbtt-py). Geopolitical Factors at Play: Canada is taking steps to protect its mining sector from takeovers, while the Niger government is reclaiming mining rights (https://lnkd.in/eKBA67iH). Gold Stays Strong: Gold exploration is still hot, with companies like Iltani and Kinross Gold making significant discoveries and acquisitions (https://lnkd.in/enbtt-py, https://lnkd.in/eKBA67iH). Sustainability in Focus: There is a growing focus on sustainable mining practices, with discussions about reducing waste and emissions playing a bigger role (https://lnkd.in/eKBA67iH). Overall, the mining investment landscape is currently being driven by a mix of factors, including the ongoing demand for battery metals, geopolitical considerations, and a growing emphasis on sustainability. #Miningnews #BatteryMetalsBoom #GeopoliticalMining #SustainableMining #GoldExploration #CoalComeback
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🇨🇦 ⛏️ Canada Nickel Company (TSX-V: CNC) Achieves Major Permitting Milestone with Completion of Filing of Impact Statement for Crawford Nickel Sulphide Project “This submission is a reflection of the extraordinary work of our team and partners and our commitment to meaningful collaboration with Indigenous communities and stakeholders,” said Mark Selby, CEO of Canada Nickel. “We’ve gone from the fifth drillhole in September 2019 to become the first mining project in Canada to file an Impact Statement under the 2019 Impact Assessment Act. The ability to achieve this milestone in just over five years also reflects the federal government’s commitment to timely and efficient permitting processes and effective engagement with proponents. It’s a major step forward as we advance Crawford – projected to be one of the world’s largest and most sustainable nickel sulphide projects – towards production.” Since 2021, Canada Nickel has conducted extensive baseline environmental and socio-economic studies to inform the Impact Statement, combining rigorous scientific analysis with valuable insights from Indigenous Knowledge and community input. 📈TSX-V: CNC - OTCQX: CNIKF📈 #NetZeroMetals #Nickel #Mining #Exploration #Canada #Nickelmining #Basemetals #CriticalMinerals #BatteryMetals #Miningstocks #Nickelstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #Nickelinvestment #TSXV #Stocks #Resource #Investing #Juniormining #EV #Greentech #Carboncapture #IPT #carboncredits For more information visit https://lnkd.in/gXTksmJc
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