Doubleview Gold Corp. (DBG-TSXV) believes that the scandium reserves within its Hat Project have the potential to disrupt Canada’s rare earth element market. The company has made significant progress in discovering and developing the deposit. However, before delving into the details of Doubleview’s claim, let’s first understand the background of their successful exploration and advancement of the project. The company...
Industry News
New magnetizable shape memory alloy with low energy loss
Researchers at Tohoku University have achieved a significant breakthrough in shape memory alloys (SMAs) by developing a palladium-based metamagnetic shape memory alloy (MMSMA) with reduced energy loss. SMAs are materials that can return to their original shape after being heated or cooled, but their response rate is limited by the need for heating or cooling. MMSMAs, a type of SMA,...
New CEO of Clean Air Metals launches platinum and palladium deposits
Jim Gallagher, a respected mining executive and former CEO of North American Palladium, has been appointed as the permanent CEO of Clean Air Metals in Thunder Bay. Gallagher initially took on the role as interim CEO following the departure of Abraham Drost. Clean Air Metals’ primary asset is the Thunder Bay North Critical Minerals Project, an advanced-stage exploration project located...
Aluminum-ion batteries with increased capacity
Researchers from the University of Ulm and the University of Freiburg have developed a positive electrode material for aluminium-ion batteries using an organic redox polymer based on phenothiazine. The material has demonstrated a storage capacity of 167 milliampere hours per gram (mAh/g) in experiments, surpassing the capacity of graphite, which is commonly used in batteries. Aluminium-ion batteries are considered a...
Rio Tinto expands in Quebec
Rio Tinto, a global mining group, has announced a $1.1 billion investment to expand its AP60 aluminium smelter at Complexe Jonquière in Quebec, Canada. The expansion project will receive an additional $113 million in financial support from the Quebec government. This investment will enable Rio Tinto to increase its production of aluminium for various industries, including transportation, construction, electrical, and...
Vizsla Copper expands Woodjam project in Canada
Vizsla Copper has signed an option agreement with Trailbreaker Resources to acquire a 100% interest in four claims within the Eagle Lake property, located near Vizsla’s Woodjam copper-gold porphyry project in British Columbia, Canada. In exchange, Vizsla will issue 400,000 common shares to Trailbreaker over a three-year period. The optioned claims cover an area of 6,482 hectares and will be...
Nickel surplus increases in 2023 as Indonesian production rises
The global nickel supply is expected to face a larger surplus this year as more Indonesian smelters, catering to the electric vehicle (EV) battery and stainless steel industries, come online. This surplus threatens to keep nickel prices below the record highs witnessed in 2022. In the previous year, nickel prices reached unprecedented levels due to factors such as Russia’s invasion...
Fire halts Boliden production at Ronnskär copper smelter
Boliden, a Swedish mining group, has halted all production at its Ronnskar copper smelter in northern Sweden due to a significant fire. The fire has caused the cell house of the facility to burn down, and the extent of the damage is still being assessed. While the company expects production to resume within a few weeks, the exact timeline remains...
Norsk Hydro signs 15-year agreement with Statkraft
Norsk Hydro ASA, a Norwegian aluminium producer, has signed a power purchase agreement (PPA) with Statkraft through its affiliate, Hydro Energi AS. The PPA entails the delivery of 0.44 TWh of renewable power annually to Hydro’s aluminium plants in northeast Norway until 2038. This agreement will provide Hydro with a total of 6.6 TWh of renewable power over the next...
Argentina’s lithium mining: hope and sacrifice
In San Miguel de Colorado, a poverty-stricken hamlet in northern Argentina, lies a vast reserve of lithium, a crucial mineral for the global transition to a green economy. International mining companies are eager to exploit this resource, but the predominantly Indigenous residents, who are among the poorest in the country, are concerned about the potential impact on their limited water...