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3 Million Gold Ounces, Federally Permitted & Solid Infrastructure | NexGold Mining Corp. with Morgan Lekstrom

In this interview at the Precious Metals Summit 2024, Morgan Lekstrom, President of NexGold Mining (TSXV: NEXG, OTCQX: NXGCF), provides a comprehensive overview of the company’s flagship project and strategic direction. Lekstrom begins by highlighting the Goliath Gold Complex in Northwestern Ontario, emphasizing its 3 million ounce resource. He notes the project’s federal permitting status, […]

Did China Sabotage Northvolt? Unraveling the Crisis Behind Sweden’s Battery Giant

The Swedish battery manufacturer Northvolt, once hailed as a key player in Europe’s push towards green energy and reduced reliance on foreign energy supplies, now finds itself in a dire situation. Reports suggest that the company is facing insurmountable technical challenges with equipment supplied by its Chinese partner, Wuxi Lead, threatening Northvolt’s survival, and many […]

Five-Nation Alliance Exceeds Nuclear Fuel Investment Target by $1.4 Billion

On the sidelines of the 68th International Atomic Energy Agency General Conference in Vienna, leaders from the United States, Canada, France, Japan, and the United Kingdom — known as the Sapporo 5 — issued a joint statement on nuclear fuel security. The group highlighted their progress on commitments made at COP28 to invest in nuclear […]

Trudeau Government Faces Backlash Over $50 Billion Pension Fund Deal

Toronto-based investment giant Brookfield Asset Management has initiated discussions to create a $50 billion fund, primarily aimed at boosting investments in domestic assets. This move has already stirred political controversy due to its timing and connections to prominent figures within both the Canadian government and Brookfield itself. The proposal seeks financial backing from several of […]

Lithium Prices Plunge 90% from 2022 Peak as Supply Outpaces Demand

Lithium prices have plummeted nearly 90% from their 2022 peak, as supply outpaces demand in the critical battery metal market, industry analysts report. The price collapse has wiped out gains made during the 2021-2022 surge, despite rising electric vehicle adoption, particularly in China. Slowing EV sales outside China have further dampened demand. Last week, unconfirmed […]

Barrick Gold Suspends Operations at Porgera Mine Amid Escalating Tribal Violence

Barrick Gold Corp. (TSX: ABX) has suspended most operations at its Porgera mine in Papua New Guinea following the deaths of two employees during a violent outbreak in the surrounding region. The Toronto-based mining giant made the decision as local unrest, rooted in a tribal conflict, continues to destabilize the Enga province, where the mine […]

Ascot Resources Obtains Waivers With Creditors Through To October 31

Lenders to Ascot Resources (TSX: AOT) appear to be keeping the company on a short leash, with the company this morning revealing it has obtained credit waivers for certain defaulted debts. The waivers however are brief in natural, and are valid through to just October 31, 2024. The defaults relate to the company earlier this […]

ATHA Energy Expands Land Package At Angilak Following 2024 Exploration Program

Atha Energy (TSXV: SASK) has expanded its land claims at the Angilak project in Nunavut. The company has nearly doubled its land claims in the region, adding 69,704 hectares through the addition of 48 claims via staking, bringing its total holdings at the project to 158,447 hectares.

BHP’s Nickel Shutdown Derails Plans for LME Alternatives

Global Commodities Holdings Limited (GCHL) and Abaxx Technologies Inc., two new nickel trading platforms aimed at challenging the London Metal Exchange (LME), have been forced to delay their launches due to recent industry developments. Mining giant BHP Group Ltd (ASX: BHP) decided to suspend its nickel operations in Western Australia. The company, which had previously […]

KSM Royalty: Nations’ Stake In The Largest Fully Permitted Copper-Gold Deposit

FULL DISCLOSURE: This is sponsored content for Nations Royalty. In this interview at the Precious Metals Summit 2024, Robert McLeod, CEO of Nations Royalty Corp. (TSXV: NRC, OTCQB: NRYCF), provides insights into the current mining industry landscape and his company’s unique approach to royalties. McLeod begins by addressing the notable disconnect between high gold prices and […]