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Rare Earth Minerals

VRIC 2023: Canada’s resource economy at a critical crossroads, former premiers say

February 1, 2023 Mariel Alumit

​Concern is growing over the federal government’s seeming inability to leverage Canada’s vast natural resource endowment as it navigates the uncertain global geopolitical and economic landscape, an industry event in Vancouver heard this week. Besides examining […]

Rare Earth Minerals

Naskapi Nation, Iron Ore Company of Canada sign socio-economic “Aganow” agreement

February 1, 2023 Mariel Alumit

​The Naskapi Nation of Kawawachikamach and Rio Tinto subsidiary Iron Ore Company of Canada (IOC) have signed an agreement to establish a mutually beneficial relationship based on dialogue, collaboration and trust between the company and […]

Canada
Rare Earth Minerals

Canada injects $75 million into BHP’s Jansen potash mine

January 31, 2023 Mariel Alumit

​The government of Canada is investing C$100 million ($75m) to support the development of BHP’s low-emissions Jansen potash mine in Saskatchewan, about 140 km east of Saskatoon. The cash injection will be made through the […]

Exxon
Big Oil Companies

Exxon Sets $540 Million Cost for Canada Renewable-Diesel Project

January 29, 2023 Mariel Alumit

​Exxon Mobil Corp. has set the cost of its planned Canadian renewable-diesel facility at C$720 million ($540 million) and said much of the fuel will be shipped to British Columbia to support the province’s emissions-reduction […]

British
International News

British Columbia First Nations forge partnership to participate in Seabridge Gold’s KSM project

January 26, 2023 Mariel Alumit

​British Columbia’s Tahltan Nation and Nisg̱a’a Nation announced Thursday that they have joined together in a new partnership that brings new life to a historic and centuries-old Peace Treaty, through the Treaty Creek Limited Partnership. […]

British Columbia
Critical Minerals

Eight new mines or expansions in British Columbia worth investment of $4.9 billion

January 26, 2023 Mariel Alumit

​There are currently eight new mines or mine expansions in the queue in B.C. worth a total investment of $6.6 billion ($4.9bn), according to Premier David Eby, who spoke Monday at the Association of Mineral […]

Canada
Finance

The First Pause: Bank Of Canada Hikes 25bps As Expected, Will Hold Rates As It “Assesses Impact”

January 25, 2023 Mariel Alumit

The Bank of Canada joined the “one and done” bandwagon moments ago when the central bank hiked rates by 25bps – as expected by most strategists – for an eight consecutive, but also perhaps final […]

Canada
Finance

Bank of Canada raises rates, first major bank to signal pause

January 25, 2023 Mariel Alumit

The Bank of Canada on Wednesday raised its key interest rate to 4.5 percent, the highest level in 15 years, and became the first major central bank fighting global inflation to say it would likely […]

superconductors
Electrical Generation / Utilities

Scientists working towards superconductors that allow current to flow without energy loss

January 20, 2023 Mariel Alumit

​ Physicists at Leipzig University are proposing the idea that in superconducting copper-oxygen bonds, called cuprates, there must be a very specific charge distribution between the copper and the oxygen, even under pressure. This more […]

Canada
Rare Earth Minerals

Iron Ore Company of Canada donates 34 hectares of land to Labrador City

January 20, 2023 Mariel Alumit

​Rio Tinto (ASX: RIO) subsidiary The Iron Ore Company of Canada (IOC) and Labrador City have signed an agreement whereby IOC will donate 34 hectares of land valued at approximately C$4.2 million ($3.1m) to the […]

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