KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has committed $150 million to developing the Mingomba copper-cobalt mine in Zambia, said to be the world’s highest-grade undeveloped large deposit of the orange metal.

Applications to the Critical Minerals Innovation Fund are now being accepted on Transfer Payment Ontario until Friday, January 27th at 11:59 p.m. ET.

The $7bn project is claimed to host one of the world’s largest undeveloped open-pit copper-gold porphyry deposits.

The Rio de Janeiro-based firm will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of next year, Chief Executive Officer Eduardo Bartolomeo and Chief Financial Officer Gustavo Pimenta said in an interview. An initial public offering is off the...

New federal strategy calls for 'one project, one assessment'

Nearly $4 billion in federal funding for the new Critical Minerals Strategy was announced today in both Vancouver and Sudbury. MPs Viviane Lapointe and Marc Serré made the announcement locally in conjunction with Sudbury Mayor Paul Lefebvre and members of City Council. Sudbury is well positioned for this opportunity.

The purchase of land from the City of North Bay paves the way for the ongoing growth of Nordic Minesteel through the construction of its new production and office facility

The fund will support Ontario-based innovation that will help build the supply chain for clean technologies, including electric vehicles, by connecting mineral resources in the north with the manufacturing might of the south.

Equinox is developing its 60%-owned Greenstone project in Ontario and in a recent corporate presentation noted that it is on track to start production there with its first gold pour in the first half of 2024.

As part of the government’s push for economic growth in industries in which critical minerals play an essential role, the federal budget proposes to provide up to $3.8 billion in support over eight years to implement Canada’s first critical minerals strategy, and introduces a new “super flow-through” 30% critical mineral...

In one of the company’s first public addresses since merging with Kirkland Lake Gold in February, Andre Leite, Agnico Eagle’s Ontario vice-president, said he sees growth potential in northeastern Ontario.

Goldshore Resources envisions series of open-pit mines at its Moss Lake Project

The 2023 Canada Summer Jobs application period for employers has officially begun.

Generation Mining has cleared a huge regulatory hurdle that enables the Toronto mine developer to start early construction work at its Marathon palladium and copper mine project early next year.

"We are exercising our sovereignty," says Webequie Chief in signing MOU exploration pact with nickel miner

Chile’s state owned mining company Codelco, the world’s biggest copper producer, warned on Thursday that global shortages of the metal may reach eight million tonnes by 2032, as soaring demand continues to offset new projects numbers. Maximo Pacheco, chairman of the board of Codelco, said at an industry conference that while...

A campaign is underway to make mines safer for workers who inhale diesel fumes while on the job. The United Steelworkers (USW) Local 6500, which is based in Sudbury, has launched the USW Diesel Particulate Project in partnership with the Centre for Research in Occupational Safety and Health (CROSH) at Laurentian University,...

The Prospectors & Developers Association of Canada (PDAC) has named its 2023 award winners, and three Northern Ontario leaders are among them. PDAC, considered the national voice of the mineral exploration and development industry, annually hands out awards to people who have demonstrated excellence in their contributions to the field. Among the...