Canada to streamline permitting process: Energy Minister

Canada’s Minister of Energy and Natural Resources Jonathan Wilkinson told Reuters that the country plans to boost its energy security by slashing the time it takes to develop new critical mineral mines. “(We’re) looking at how do we optimize the regulatory and permanent processes so you can take what is a 12- to 15-year process and bring it down to…

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Deep-sea mining applications opening in July

Those eyeing the opportunity to mine the ocean’s floor will finally get their chance beginning in July when the United Nations’ International Seabed Authority will reportedly open the floor for applications. According to a Reuters report, the decision comes after the group spent weeks debating standards for the practice, which has arisen amid speculation but also controversy. The practice of…

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Electra Battery Materials disposes of non-core assets

Toronto-based Electra Battery Materials, formerly First Cobalt, has signed a deal with Kuya Silver to get rid of its non-core assets in Canada, though the company will retain royalty interests in the properties in Canada’s Cobalt Camp. The decision is part of an agreement initially inked between the companies in 2021; that share purchase and option agreement has been amended…

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U.S., Canada, others ink pact for critical minerals supply

The U.S. State Department said recently that the country has entered an agreement with Canada and other countries to secure supplies of critical minerals like lithium, cobalt and nickel. According to a report by Reuters, which cited department undersecretary Jose Fernandez, as global demand continues to rise, more minerals will be needed to meet emissions reduction goals and satisfy the…

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CEO Q&A: Metso Outotec’s Pekka Vauramo

North American Mining recently sat down with the executive about changes since pairing together Metso and Outotec, and keys to the company’s business for the future.  NAM: It’s now been nearly two years since the joining together of Metso and Outotec. How do you think the transition has panned out for the company and for mining customers? We originally thought…

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