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After Trump’s win, mining near BWCAW back in play – by Jimmy Lovrien (Duluth News Tribune – November 11, 2024)

https://www.duluthnewstribune.com/

In July, President-elect Trump vowed to reverse Biden’s mineral withdrawal on 225,000 acres of federal land in the same watershed as the Boundary Waters Canoe Area Wilderness in “about 10 minutes.”

ELY — President-elect Donald Trump has promised to reverse the Biden administration’s 20-year mining ban on federal land within the same watershed as the Boundary Waters Canoe Area Wilderness, bolstering the hopes of copper-nickel mining industry supporters but worrying environmentalists who fear pollution to the downstream wilderness area.

The mineral withdrawal, which bans mining on 225,000 acres of the Superior National Forest until 2043, and non-renewal of key federal mineral leases to Twin Metals’ proposed copper-nickel mine effectively killed the company’s plan to build an underground mine and tailings-storage facility processing plant along Birch Lake, which flows into the BWCAW via the Kawishiwi River.

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NEWS RELEASE: NORWAY HOUSE CREE NATION IS PLEASED TO ANNOUNCE THAT IT HAS PURCHASED THE MINAGO NICKEL PLATINUM GROUP ELEMENTS PROJECT FROM FLYING NICKEL MINING CORP. (November 1, 2024)

Economic Benefits of over $700M and Approximately 500 Direct Jobs for Manitoba First Nations  

The Chief and Council of Norway House Cree Nation (NHCN) has been working with Flying Nickel for 4 years to advance this project. The NHCN purchase of the project was supported by 99% of all Flying Nickel shareholders in the Special Meeting held on October 21, 2024.

Chief Larson Anderson of NHCN confirms that “By taking full control with 100% ownership and management, we can drive this project forward, focus on the environment, maximize employment, and build economic opportunities for our people.”

The Minago Project is located on the NHCN Resource Management Area, 107 km north of Grand Rapids and 450 km north of Winnipeg, Manitoba, adjacent to Highway 6. The Minago project property comprises 94 mining claims, covering 192.36 km2, and two mining leases, covering 4.25 km2 along with the core storage and management facility in Grand Rapids.

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Ontario chamber boss bullish on Sudbury, Northern Ontario – by Hugh Kruzel (Sudbury Star – October 28, 2024)

https://www.thesudburystar.com/

‘What is produced here is essential to our economic future,’ Daniel Tisch Echevarría says, referring to the mining sector

Northern Ontario and Sudbury are keys to the province’s economic prosperity, the president and CEO of the Ontario Chamber of Commerce says. Daniel Tisch Echevarría made the observations last week during the 129th annual general meeting of the Greater Sudbury Chamber of Commerce.

“When you sit in Toronto you see a lot of data,” Tisch said. “When asked if businesses across the province are confident in themselves they say yes.

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‘We believe Canada needs more nickel,’ Wyloo boss says – by Nicole Stoffman (Sudbury Star – October 13, 2024)

https://www.thesudburystar.com/

Nickel produced and processed in Northern Ontario and the Ring of Fire would be destined for the EV market

Kristan Straub, CEO of Wyloo Ring of Fire, provided an update on the Eagle’s Nest Mine at the State of Mining luncheon in Timmins recently. The mine site in the Ring of Fire in northwestern Ontario has a ‘small footprint’ of one square kilometre or half the size of the Timmins Airport, Straub said.

The site contains a deposit of 17 million tonnes at 3.3 per cent nickel, copper and platinum group elements. It also has some of the world’s largest chromite deposits outside of South Africa, Straub said.

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Moore brothers reflect on nickel boom and now bust as BHP’s Kalgoorlie smelter shuts down – by BJarrod Lucas (Australian Broadcasting Corporation – October 10, 2024)

https://www.abc.net.au/

A profile image of a man with dark, spiky hair.

Brothers Donald and Tim Moore lived through the country’s first nickel boom in Western Australia’s resources-rich Goldfields. The metal’s discovery near Kambalda in the 1960s sparked a modern-day renaissance for the historic mining region built on its 1890s gold rush.

It set the brothers on different paths that were heavily influenced by the “magic metal” of the day. Donald, 60, worked extensively in gold mining and spent 13 years at the Kalgoorlie Nickel Smelter, while his 59-year-old brother Tim has documented the region’s ups and downs as a historian with the City of Kalgoorlie-Boulder.

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Beijing’s nickel glut leaves America penniless – by Oliver McPherson-Smith (The Hill – October 2, 2024)

https://thehill.com/

Oliver McPherson-Smith, Ph.D., is the director of the Center for Energy & Environment at the America First Policy Institute.

America’s vast mineral wealth has underwritten our nation’s evolution into an economic and military superpower. From the gold rush that fueled the race westward almost 200 years ago to the iron ore and coal miners that powered the construction of bridges, skyscrapers, rail lines and military vessels, mining has been central to American prosperity.

Sadly, America’s commitment to mining its resources has fallen victim to progressive dogma. Now, Beijing’s vast influence over global mineral supply chains poses an economic threat to the United States. While the Biden-Harris administration is hamstringing American mining projects in red tape, Chinese miners are preemptively flooding the global market to keep American minerals in the ground.

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Nickel market no longer afraid of losing Russian supply – by Andy Home (Reuters – September 17, 2024)

https://www.reuters.com/

LONDON, Sept 17 (Reuters) – Russian president Vladimir Putin’s suggestion that Moscow should consider capping exports of nickel in retaliation for Western sanctions has been greeted with a collective shrug by the market.

The London Metal Exchange three-month price has managed a weak bounce through the $16,000-per metric ton level but the momentum is already fading. This is a far cry from February 2022, when Russia first invaded Ukraine. Fears that metal from Russian giant Norilsk Nickel might have sanctions imposed generated a monster rally in 2022 that morphed into a full-blown meltdown of the LME nickel market.

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Nickel market no longer afraid of losing Russian supply – by Andy Home (Reuters – September 17, 2024)

https://www.reuters.com/

LONDON, Sept 17 (Reuters) – Russian president Vladimir Putin’s suggestion that Moscow should consider capping exports of nickel in retaliation for Western sanctions has been greeted with a collective shrug by the market.

The London Metal Exchange three-month price has managed a weak bounce through the $16,000-per metric ton level but the momentum is already fading. This is a far cry from February 2022, when Russia first invaded Ukraine. Fears that metal from Russian giant Norilsk Nickel might have sanctions imposed generated a monster rally in 2022 that morphed into a full-blown meltdown of the LME nickel market.

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Deep in the nation’s only nickel mine, industry fights to green its image – by Hannah Northey (E&E News – September 16, 2024)

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Biden officials point to the Eagle mine as proof that mining critical minerals in the U.S. can gain public support while avoiding pollution and trampling Indigenous rights. Not everyone is convinced.

MICHIGAMME TOWNSHIP, Michigan — In the sun-drenched forests of Michigan’s Upper Peninsula stands the black, gaping mouth of the nation’s only operating nickel mine.

Hundreds of feet below in the darkness, heavy machinery blasts, scrapes and prepares to haul up to the surface rock rich with tiny flecks of high-grade nickel and copper formed more than 1 billion years ago.

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Magna Mining makes a bold $33-million move in Sudbury – by Ian Ross (Northern Ontario Business – September 12, 2024)

https://www.northernontariobusiness.com/

Sudbury mine developer will put its local knowledge to the test in asset deal with KGHM

Magna Mining, a fast-moving Sudbury mining startup company, has taken a giant leap forward by acquiring a working copper mine in the Sudbury basin along with a raft of promising properties from Polish-headquartered miner KGHM International.

Magna, known locally for its redevelopment of the former Crean Hill mine, has signed an agreement to acquire the operating McCreedy West copper mine and a stable for exploration and development properties across the Sudbury basin in a $33.3-million cash-and-share deal.

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Putin says Russia should consider restricting exports of uranium, titanium and nickel (Reuters – September 11, 2024)

https://www.reuters.com/

MOSCOW, Sept 11 (Reuters) – Russian President Vladimir Putin said on Wednesday that Moscow should consider limiting exports of uranium, titanium and nickel in retaliation for Western sanctions. Putin’s remarks to government ministers prompted a rise in nickel prices and drove shares in uranium mining firms higher.

In televised comments, he said such restrictions could also be introduced for other commodities, and noted that Russia was a major producer of natural gas, diamonds and gold.

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Environment solution: New metals refinery for nickel and cobalt opens in Ohio – by Isabella O’Malley (September 7, 2024)

https://apnews.com/

In a step forward for efforts to acquire the metals crucial to addressing climate change, on Monday a new plant that can extract nickel and cobalt from scrap material opens in Fairfield, Ohio. The resulting metals will be used in new batteries and other clean energy markets.

Extracting metals out of old material avoids the environmental damage of open pit mining and prevents the metals from ending up in the landfill. Many see this as the future, even if it takes decades to become reality.

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Canada Nickel may net $500m Ottawa loan for giant Crawford project – by Colin McClelland (Mining.com – September 6, 2024)

https://www.mining.com/

Canada Nickel (TSXV: CNC) says a Canadian government agency might loan it $500 million for its Crawford project in northern Ontario, which could become the world’s largest nickel-cobalt sulphide development. Its shares rose.

Export Development Canada (EDC), which finances and offers other help to domestic companies, sent a letter of intent to Canada Nickel in late August, it said on Friday. It would be combined with $600 million in tax credits expected from Ottawa to help build the C$3.5 billion capex project near Timmins over two stages, the company said.

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Premium Nickel eyes 2025 prefeasibility at Selebi mine in Botswana – by Blair McBride (Northern Miner – September 2024)

https://www.northernminer.com/

Results from infill drilling at Premium Nickel Resources’ (TSXV: PNRL) past-producing Selebi North mine in Botswana continues to build confidence, less than a month after the company posted an initial resource for the project.

Hole SNUG-24-106 in the South Limb target returned 26.3 metres of 1.09% copper, 1.56% nickel, and 0.08% cobalt from 515.7 metres depth, including 16.1 metres of 1.54% copper, 2.1% nickel and 0.11% cobalt, the company reported Thursday. The infill drilling is aimed at upgrading inferred resources, part of a 20,000-metre underground drill program whose assays weren’t included in the new resource.

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NEWS RELEASE: Copperstack and superstack dismantling marks final chapter of $1 billion Clean AER project (September 4, 2024)

Stan Sudol Photo

(Photo by Stan Sudol From 1990s)

Sudbury, Ontario (September 4, 2024) – Today, Vale Base Metals (VBM) announces it is moving forward with the dismantling of the copperstack and superstack at the Copper Cliff Smelter Complex.

These structures have been decommissioned following the successful completion of the approximately $1 billion Clean Atmospheric Emissions Reduction (Clean AER) Project, which was a cornerstone initiative in our ongoing, long-term environmental stewardship program for Sudbury. The dismantling of the copperstack and superstack marks the final chapter of this ambitious initiative.

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