Mining News - KoBold buys Alaska Energy Metals dataTue, 28 Nov 2023 14:16:00 GMT
Alaska Energy Metals Corp. Nov. 28 announced that it has sold nickel exploration data to KoBold Metals, a high-tech mineral exploration company backed by funding from Bill Gates, Jeff Bezos, and others that leverages the power of AI and machine learning to accelerate the exploration of metals needed for the energy transition. In Alaska, KoBold is exploring for nickel, cobalt, and associated...
Mining News - AEM outlines 1.6B lb of nickel in AlaskaSun, 26 Nov 2023 11:17:00 GMT
Maiden resource for Nikolai begins to show globally significan't size of this nickel-cobalt-copper project. With a new 1.55-billion-pound nickel resource calculation at Nikolai, Alaska Energy Metals Corp.'s C$2 million (US$1.5 million) acquisition of historical exploration data for this base and precious metals project in Alaska is already paying dividends for the mineral exploration company....
Mining News - A fortunate bismuth-cobalt partnershipThu, 19 Oct 2023 15:17:00 GMT
Rio Tinto, Fortune Minerals team up to recover critical minerals at Nico refinery in Alberta. To bolster the North American supply of critical minerals, global mining giant Rio Tinto and Canadian mine developer Fortune Minerals Ltd. are working to together to improve the recovery of bismuth and cobalt from ore and waste streams. 'We are committed to find better ways to provide the materials...
Global production and usage of molybdenum rises in Q2 2023Wed, 11 Oct 2023 00:00:00 GMT
Figures released today by the International Molybdenum Association (IMOA) show that global production of molybdenum rose by 1% to 148.5 million pounds (mlbs) in Q2 2023 compared to the previous quarter. However, this represented a 4% rise
Union Cabinet approves royalty rates for critical minerals: SourcesWed, 11 Oct 2023 00:00:00 GMT
The Union Cabinet has reportedly approved royalty rates for critical minerals in India. The decision comes as the government prepares to auction critical mineral mines, including those containing nickel, lithium, cobalt, platinum, and rare earths. The move is aimed at attracting investment and development in the mining sector. India's mineral royalty rates are currently among the highest in the world, which has impacted the competitiveness of the sector. The auction for lithium reserves in Ja...
Union Cabinet approves royalty rates for critical and strategic ...Wed, 11 Oct 2023 00:00:00 GMT
The Union Cabinet has approved royalty rates for critical minerals in India. The decision comes as the government prepares to auction critical mineral mines, including those containing nickel, lithium, cobalt, platinum, and rare earths. The move is aimed at attracting investment and development in the mining sector. India's mineral royalty rates are currently among the highest in the world, which has impacted the competitiveness of the sector. The auction for lithium reserves in Jammu and Kas...
Mining News - Next step for Northern BC nickel projectMon, 25 Sep 2023 12:21:00 GMT
PFS details a large nickel-cobalt mine with minimal net CO2 emissions at Turnagain project. With the completion of a prefeasibility study, Giga Metals Corp. and joint venture partner Mitsubishi Corp. are another step closer to developing a large nickel-cobalt mine with a low carbon footprint at the Turnagain project in Northern British Columbia. 'We see a nickel project like Turnagain with...
India's NTPC mining arm to explore battery minerals overseasMon, 18 Sep 2023 00:00:00 GMT
State-run NTPC's mining arm is looking to source battery minerals like lithium, cobalt and nickel from overseas, news agency Reuters - reported citing sources. The shares of the company saw a rise of at least 2 per cent after the news was reported. India is currently looking to secure key minerals as a part of its net zero ambitions.
Mining News - Bornite's germanium potential revealedThu, 14 Sep 2023 18:00:00 GMT
Colorado School of Mines thesis confirms that the germanium values at Bornite deposit have long been underreported. In addition to hosting 6.3 billion pounds of copper and 88 million lb of cobalt critical to the energy transition, the Bornite deposit in Alaska's Ambler Mining District may also be a significan't source of the germanium essential to both clean energy and high-tech....
Mining News - Will US permit a clean energy transitionWed, 13 Sep 2023 16:44:00 GMT
The United States has rich deposits of copper, cobalt, graphite, lithium, nickel, rare earths, and other mined commodities needed to build the clean energy future. The often decade-long mine permitting timeline in the U.S., however, means that many of these domestic critical mineral sources will be hard-pressed to get developed in time to help meet the climate goals laid out by the White House....
Mining News - Resolution stakes Alaska nickel projectThu, 24 Aug 2023 14:34:00 GMT
Resolution Minerals Ltd. Aug. 21 announced that it staked a 114-square-mile land package in an area of Alaska prospective for nickel with associated copper, cobalt, and platinum group metals. Australia-based Resolution is best known in Alaska for its exploration of the 64North gold project near Northern Star Resources Ltd.'s Pogo mine. Over the past year, however, the company has also been...
Coal India embarks on overseas acquisition of critical mineral ...Tue, 01 Aug 2023 00:00:00 GMT
Coal India Limited (CIL) has added lithium, cobalt, and nickel assets to its Memorandum of Association (MoA) to reflect its commitment to expanding into new sectors. CIL is targeting the acquisition of these critical minerals assets abroad and is currently identifying potential mergers and acquisitions opportunities. This strategic move aims to secure a steady supply of the minerals for India's Atmanirbhar mission.
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