Alaska Energy Metals Announces Major Increase In Mineral Resource Estimate, Nikolai Nickel Project, Alaska, USA
This new release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated January 31, 2025 to its short form base shelf prospectus dated November 1, 2024. HIGHLIGHTS Resource Update Indicated MRE: Inferred MRE: VANCOUVER, BC / ACCESS Newswire / March 10, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) (“AEMC” or the “Company”) announced […]
Canada Nickel planning $1-billion nickel processing plant in Ontario for EVs
Would be North America’s largest once completed Mining firm Canada Nickel Co. Inc. plans to develop a nickel processing plant in Ontario that would cost US$1 billion and be North America’s largest once completed. The plant would have capacity to produce more than 80,000 tons of nickel annually, and should begin operations by the start of 2027, the Toronto-based […]
Alaska Energy Metals Significantly Increases NI 43-101 Mineral Resource Estimate For The Eureka Deposit, Nikolai Nickel Project, Alaska, USA
The Eureka West and Eureka East deposits reported in the maiden 2023 Mineral Resource Estimate (“MRE”) are now connected as one deposit measuring 4.5 kilometers (2.8 miles) in length.
Palladium price Drops Below Platinum For First Time In Five Years
Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, which accounts for 80% of demand, to start replacing it with the cheaper platinum in autocatalysts. The rising adoption of electric vehicles, which do not require any off-gas treatment system, further worsened the metal’s prospects. “That means that […]
Cybertruck: Musk Needs Mines
The 4680 is a soda can sized cell with a nickel-cobalt-manganese (NCM) cathode and is already powering the 84.6 kWh performance version of its Model Y assembled in Texas. The Cybertruck AWD and top of the range Cyberbeast model up that capacity to 122.4 kWh, according to Tesla filings with the US EPA. Buyers can […]
Alaska Energy Metals: Company Update and Intro to their High-Grade Canwell Prospect
CEO Greg Beischer joins me for an update interview on some busy news flow and talks about why Canwell could be so important to AEMC. 1. Interview 2. Companion Article I last spoke to Greg in late October with our introductory interview. And though it has only been 3 months, AEMC has certainly gathered no […]
Japan Adds Uranium To Critical Minerals List
Nuclear plant. (Reference image generated with AI.) Japan has added uranium to its list of critical minerals in a move that seeks to reduce its dependence on foreign sources of nuclear element, particularly Russia’s, and to support domestic exploration and development projects. The decision, made by the Ministry of Economy, Trade and Industry (METI), comes […]
Chiefs Of Ontario Ask Provincial Government For Year-Long Moratorium On Mine Claims Staking
The Chiefs said the increase in claims led to an “insurmountable” administrative burden for First Nation communities responsible for reviewing and responding to the mining claims. “In accordance with Resolution 23/30S, which was passed at the Fall Chiefs Assembly 2023, the Chiefs of Ontario are calling on the Government of Ontario to declare a territory-wide […]
Wyloo Looks Ahead To Ring Of Fire Development Despite Indigenous Resistance
The camp at the Eagle’s Nest project in Ontario’s Ring of Fire: Credit: Wyloo Metals Kristan Straub, CEO of Wyloo Metals Canada, earlier this week addressed business leaders in Thunder Bay, Ontario, where he updated his audience on the company’s plan for Ontario’s Ring of Fire properties and how engagement with First Nations is conducted. […]
Sumitomo Participates In FPX Nickel Financing To Gain 9.9% Stake
Decar nickel-iron project, British Columbia. Image by FPX Nickel Sumitomo Metal Mining Canada is investing about C$14.5 million to gain a 9.9% interest in FPX Nickel (TSXV: FPX). Sumitomo will participate in a private placement, purchasing approximately 30.1 million FPX shares at a price of C$0.48 per share. “This strategic investment by Sumitomo Metal Mining […]