Glencore’s Teck bid spurs call for Canada pensions to up equity stake
Mining News Pro - Glencore’s hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have lobbied the federal government to push the nation’s biggest pension funds to lift their exposure to domestic companies, according to a presentation seen by Reuters.
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China slams Canada PM Trudeau’s slave labor comment, threatens ‘consequences
Mining News Pro - China sharply criticized Canadian Prime Minister Justin Trudeau’s comment that linked Chinese-produced lithium to slave labor, and warned Canada could face consequences if it continues “denigrating maliciously” the human rights situation in China.
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Canada concerned with Mexico’s proposed mining reforms
Mining News Pro - Canada’s Trade Minister Mary Ng expressed concern with Mexico’s proposed mining reforms in a call with Mexican Economy Minister Raquel Buenrostro on Tuesday, the trade ministry said in a statement on Wednesday.
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Teck Resources should remain in Canada
Mining News Pro - Teck Resources Ltd, which is trying to fend off an unsolicited $22.5 billion takeover offer from Glencore Plc, should remain headquartered in Canada and help the country expand its critical minerals industry, Finance Minister Chrystia Freeland said on Monday.
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Canada’s budget measures brighten funding prospects for critical miners
Mining News Pro - Canada’s move to expand the investment tax credit for mining companies to align it with policies in the United States is accelerating funding talks for critical miners, company executives told Reuters.
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Electrification of Canada’s commercial vehicles may yield benefits earlier rather than later
Mining News Pro - A recent report by Deloitte Canada makes a case for decarbonizing commercial vehicles as a measure that is eventually less expensive than maintaining internal combustion vehicles and that has a greater impact on emissions reductions than doing so on passenger vehicles.
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Canada working toward easing permitting process for mining companies
Mining News Pro - Canada is working toward easing permitting process for mining companies so that the permitting does not take several years, Natural Resources Minister Jonathan Wilkinson said at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto on Monday.
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Canada Latin America Mexico and Central America Copper
Mining News Pro - The government of British Columbia has fined Teck Coal Limited C$15.4 million ($11.5m) for exceeding pollution thresholds and failing to build an active water treatment facility on time at its Fording River Operations in southeastern BC.
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Canada places big bets on critical minerals
Mining News Pro - These metals and minerals are critical in manufacturing electric vehicle batteries, solar and wind power installations, transmission lines and all the other things that a global energy transition will require.
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Volkswagen searches for battery cell plant sites in Canada
Canadian Industry Minister François-Philippe Champagne signed the document — described as an addendum to a memorandum of understanding inked with VW in August this year — during his visit to Germany.
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Canada announces $20m investment in E3 Lithium
Mining News Pro - E3 plans to use the funding to support the development of its lithium ion-exchange technology.
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Tanzanians sue Canada’s Barrick Gold over alleged abuses at mine
Mining News Pro - Tanzanian villagers accuse Canadian mining giant of being complicit in killings and torture at the North Mara gold mine.
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Canada rejects Arctic mine expansion project after years of fierce protest
Mining News Pro - Community members and campaigners have hailed the move as a win for vulnerable marine ecosystem and wildlife
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China opposes Canada’s order on lithium mining investments
Mining News Pro - In a statement, China’s commerce ministry said it urged Canada to stop politicising economic and trade issues.
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Canada orders three Chinese firms to exit lithium mining
China in response accused Ottawa of using national security as a pretext and said the divestment order broke international commerce and market rules.
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Vale opens first phase of $684 million copper complex expansion in Canada
Mining News Pro - Vale, the world’s largest iron ore and nickel producer, has opened the first phase of a C$945 million ($684m) expansion at its Copper Cliff Complex South Mine in Ontario, Canada.
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New environmentally friendly method to extract metals from Li-ion batteries launched in Canada
Mining News Pro - Engineers at the University of Toronto are proposing a new, more sustainable method to mine lithium, cobalt, nickel and manganese from lithium-ion batteries that have reached the end of their lives.
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Canada, South Korea seek deeper cooperation on critical minerals
Mining News Pro - Canada has many of the critical minerals – like lithium, cobalt and nickel – that are now used to make batteries for EVs, and the government is in the process of seeking to help producers and processors scale up production.
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Volkswagen and Mercedes line up tariff-friendly battery supplies in deals with Canada
Mining News Pro - Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.
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Canada Nickel confirms discovery at newly acquired Deloro property in Ontario
Mining News Pro - Canada Nickel Company has received new assay results from its Deloro property that confirmed a second significant discovery from the company’s newly acquired property package in Ontario.
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Canada sends mining equipment, personnel to the Dominican Republic to help rescue trapped miners
Mining News Pro - Canadian personnel and equipment have been sent to the Dominican Republic to help rescue two men who have been trapped for a week in an underground mine at the Cerro de Maimón operation located in the central part of the island.
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Canada races ahead of US on current lithium project pipeline
Mining News Pro - Canada’s lithium supply response is expected to post strong growth through 2031 and outperform the US, a new analysis by Fitch Solutions Country Risk & Industry Research suggests.
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De Beers Canada receives fine for 2017 Snap Lake diesel spill
Mining News Pro - De Beers Canada has been fined C$350,000 by Canada’s Environment and Climate Change ministry for a diesel spill at the Snap Lake diamond mine in Northwest Territories.
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Canada’s first rare earths producer reports first run at plant beats expectations
Mining News Pro - Vital Metals (ASX: VML) has reported that results from the first feed of the dense media separation (DMS) unit at its Saskatoon rare earths extraction facility in Saskatchewan, Canada, is comparable to the TREO grade achieved from laboratory metallurgical testwork in its first run.
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Mining firms poised to lead capital raisings in Canada
Mining News Pro - Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, the chief executive officer of the Toronto Stock Exchange said on Monday, as sectors such as technology take a back seat amid market volatility.
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