Colin McClelland

1 month ago | northernminer.com | Andrew Seale |Colin McClelland

Concerns surrounding the capital gains tax increase haven’t stopped Toronto markets from issuing the highest number of flow-through shares (FTS) in five years, according to new data. There were 2.9 billion FTS issued last year, generating over $1 billion for the mining sector and accounting for 10% of mining equity financings, says TMX, owner of the TSX and TSXV.

1 month ago | northernminer.com | Kristie Batten |Colin McClelland

Native Mineral Resources (ASX: NMR) only recently acquired its primary asset in Queensland, but it has set an aggressive schedule to restart production. The Sydney-based explorer bought the Far Fanning and past-producing Blackjack gold projects in November for A$18.9 million (C$17 million) plus a 2% production royalty. In mid-February, NMR raised A$15.9 million to refurbish Blackjack’s processing plant.

1 month ago | secure.northernminer.com | Colin McClelland |Blair McBride

The Northern Miner turns 110 this month and is looking pretty good for its age. Much better, for example, than cobalt, which is also the name of the Ontario town where the paper started. Changing battery technology and oversupply from the Democratic Republic of Congo has sunk the price of that mineral to 10-year lows now, even as rebel groups fracture the country’s east. We have a story on it by our man in Africa, Henry Lazenby, which we could barely fit it in to the print issue for space.

2 months ago | mining.com | Cecilia Jamasmie |Amanda Stutt |Colin McClelland

Staff Writer | February 4, 2025 | 7:12 am Battery Metals News Africa USA Copper Lithium Nickel  KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, is expanding its search for lithium and nickel to Namibia.

2 months ago | mining.com | Katya Golubkova |Cecilia Jamasmie |Colin McClelland

Reuters | February 4, 2025 | 7:37 am Top Companies Africa Asia Aluminum Nickel  Japan’s Sumitomo Corp on Tuesday raised its net profit forecast by 6% for the fiscal year through March as stronger earnings in overseas power generation and higher aluminum prices offset a loss in its nickel project in Madagascar.