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opinion
Metals melt down as recession fears overwhelm supply woes
Andy Home
report on business
Brazil’s Vale moves closer to developing nickel sulfate operation in Canada
FILE PHOTO: A worker poses with a handful of nickel ore at the nickel mining factory of PT Vale Tbk, near Sorowako, Indonesia, January 8, 2014. REUTERS/Yusuf Ahmad/File Photo
energy and resources
Elliott Associates sues LME for $456-million over nickel trading halt: HKEX
FILE PHOTO: The offices where the London Metal Exchange is headquartered are seen in the City of London, Britain, January 18, 2018 REUTERS/Peter Nicholls
energy and resources
As Canada builds its battery metals industry, can it compete with the world’s behemoths?
Petro-Canada's electric vehicle charging station is shown on display at the Canadian International Auto Show, in Toronto, Thursday, Feb. 14, 2019. Ottawa is set to pour an unprecedented amount of public money into the mining and metals sector, as growing global demand for electric vehicles creates what industry insiders describe as a "once-in-a-generation" opportunity for Canadian resources.THE CANADIAN PRESS/Christopher Katsarov
inside the market
CFO buys highly ranked nickel stock after it more than doubles
Ted Dixon
british columbia
B.C. poultry farmers uniquely equipped to respond to possible avian flu
Chickens are seen at a chicken farm that was flooded but now getting back up and running in Abbotsford, B.C., Friday, Dec. 10, 2021. Poultry farmers in British Columbia are under pressure to protect their flocks as a highly contagious strain of avian flu sweeps over North America. THE CANADIAN PRESS/Jonathan Hayward
investment ideas
Elon Musk’s tweets fuel mining industry’s hopes of a buyout by Tesla
Tesla Motors CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015.
investment ideas
Mass exit from nickel market opens up a volatility trap
Employees work at the Ferronikeli smelting complex in Glogovac, central Kosovo February 12, 2009.
investment ideas
British financial regulators launch probe into London Metal Exchange’s halt to chaotic nickel trading
FILE PHOTO: Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018. REUTERS/Simon Dawson
international business
Tesla reportedly signed an undisclosed nickel supply deal with Brazilian mining company Vale
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song
energy and resources
Mining company backed by Jeff Bezos and Bill Gates to begin drilling in Greenland
FILE PHOTO: A Greenland’s national flag pictured in Nuuk, Greenland, September 9, 2021. REUTERS/Hannibal Hanschke
investment ideas
LME nickel extends its slide as bugs still hit trading
Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018.
investment ideas
Nickel market in disarray after chaotic London return
A view shows nickel sheets at Kola Mining and Metallurgical Company (Kola MMC), a subsidiary of Nornickel metals and mining company, in the town of Monchegorsk in Russia on Feb. 25, 2021
investment ideas
LME imposes price limits for the first time after nickel crisis
Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018.
investment ideas
Ukraine crisis rocks the London Metal Exchange
Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018.
investment ideas
Nickel, the devil’s metal with a history of bad behaviour
A worker monitors the nickel melting process at a nickel smelter of PT Vale Tbk, near Sorowako, Indonesia, January 8, 2014.
inside the market
Nickel prices and oil uncertainty show nobody is sure about anything right now
Pumpjacks draw oil out of the ground near Olds, Alta., on July 16, 2020. Rural areas in Alberta say the amount of unpaid taxes from energy companies is growing despite high oil prices. THE CANADIAN PRESS/Jeff McIntosh
report on business
Nickel prices leap to a record over global supply fears and short sales
FILE PHOTO: A view shows nickel sheets at Kola Mining and Metallurgical Company (Kola MMC), a subsidiary of Nornickel metals and mining company, in the town of Monchegorsk in Murmansk Region, Russia February 25, 2021. REUTERS/Evgenia Novozhenina/File Photo
investment ideas
Russia’s invasion of Ukraine sets back Tesla CEO Elon Musk’s dream for cheaper EVs, for now
A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021
investment ideas
Oil, wheat, nickel storm higher on fears of supply chaos
: A dump truck is loaded with ore at Zapolyarny mine of Medvezhy Ruchey enterprise, which is a subsidiary of the world's leading nickel and palladium producer Nornickel, in the Arctic city of Norilsk, Russia August 24, 2021
market news
The close: Oil soars, stocks fall as Russia, Ukraine fears intensify
Traders work on the floor of the New York Stock Exchange at the opening bell on Feb. 22.
investment ideas
Nickel gripped by ferocious squeeze as stocks disappear
An employee works at Nadezhda Metallurgical Plant of Nornickel company, the world's leading nickel and palladium producer, in the Arctic city of Norilsk, Russia Aug. 23, 2021.
inside the market
Insiders buy as Canada Nickel stock regains momentum
Ted Dixon
report on business
BHP outbids Wyloo as fight for Ring of Fire operator Noront intensifies
FILE PHOTO: A view of a new nickel sulphate plant that global miner BHP Group is building to service the battery industry at its Nickel West operations, south of Perth, Australia August 2, 2019. REUTERS/Melanie Burton//File Photo
report on business
Ring of Fire operator Noront warms to Wyloo takeover bid, but BHP looms
A worker displays nickel ore.
energy and resources
Ring of Fire operator Noront recommends BHP offer over Wyloo Metals approach
Alan Coutts, CEO of Noront Resources poses for a photograph in their Toronto offices, on Thursday, Oct., 24, 2019/ (Christopher Katsarov/The Globe and Mail)
report on business
Mining industry’s ‘green metals’ are a fallacy, experts say
This April 26, 2018 general view shows the mining site of Kamoa Kakula, exploited by Kamoa Holding (Ivanhoe Mines, Zijin Mining Group, together with the DRC government), in Kamoa, 25km from Kolwezi. The mining site is one of the largest unexploited copper field in the world, and stands on the site of the battles for Kolwezi, in May 1978 during the second Shaba War where French and Belgian paratroopers fought agains the Katanga rebels. On May 19, 1978, French soldiers parachuted into the Democratic Republic of Congo town of Kolwezi to rescue hundreds of Europeans held by rebels who had already massacred several. / AFP PHOTO / CAROLINE THIRIONCAROLINE THIRION/AFP/Getty Images
energy and resources
BHP strikes friendly deal to buy Ring of Fire explorer Noront for $325-million
Alan Coutts, CEO of Noront Resources poses for a photograph in their Toronto offices, on Thursday, Oct., 24, 2019/ (Christopher Katsarov/The Globe and Mail)
energy and resources
Wyloo’s bid for Canadian nickel-copper miner Noront shows scramble for battery metals is accelerating
An electric car is seen plugged into a charging point, in Rome, on April 28, 2021.
report on business
Australia’s Wyloo Metals looks to spend $25-million to study viability of battery metals processing plant in Ontario
A coil of steel is moved by a crane at the Direct Strip Production Complex at Essar Steel Algoma in Sault Ste. Marie, Ont., on Wednesday, March 14, 2018. Noront Resources Ltd. says it has chosen the Algoma Steel Inc. site in Sault Ste. Marie, Ont., for its ferrochrome production facility.THE CANADIAN PRESS/Justin Tang
report on business
First Quantum sells Australia nickel mine stake to POSCO for $240-million
FILE PHOTO: A man walks past a logo of steelmaker POSCO at the company's headquarters in Seoul, South Korea October 25, 2010. REUTERS/Truth Leem
energy and resources
Canadian miner Sherritt names industry veteran Leon Binedell as new CEO
Sherritt International Corp. operations are seen in this file photo.
investment ideas
Nickel slumps as electric dreams are rudely disturbed
A view of the non-operating Nickle smelter, owned by the Russian mining giant Norilsk Nickel, also known as Nornickel, in the town of Nikel in the Murmansk region on February 26, 2021.
investment ideas
Base metals analysts turn cautious after stellar rally
Aluminium ingots are seen outside a warehouse that stores London Metal Exchange stocks in Port Klang Free Zone, outside Kuala Lumpur, March 23, 2015.
report on business
Sherritt International CEO David Pathe stepping down after completing restructuring
Toronto, Ontario - September 30, 2020 -- Sherritt International -- David Pathe, President and Chief Executive Officer of Sherritt International, poses for a picture in Toronto, Wednesday, September 30, 2020. (Mark Blinch/Globe and Mail)