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FedDev Ontario invests in two automotive parts suppliers
FedDev Ontario invests in repayable contribution of $3.9 million…
EPRA encourages recycling of electronics
The Electronic Products Recycling Association (EPRA) is a not-for-proft organization that focusses on the proper recycling of electronic products to ensure health and safety is not compromised when dealing with these items.
Strong finish in gold production for Victoria Gold
Q4 2020 results exceed targets at Eagle Gold Mine
enCore Energy completes acquisition of Texas-based uranium production, resource assets
Vancouver-based enCore Energy Corp. has executed a Share Purchase…
Pure Gold Mining celebrates first gold bar
Ore taken from new Western Ontario mine
Regina’s Evraz steel mill hit with 500 layoffs, slow demand
Steel industry is struggling because projects are being built with cheaper steel obtained offshore.
Stelco loses $88M as prices fall and upgrade project stifles shipments
They fell over the summer as the company upgraded its blast furnace.
Mining metals needed for electrification faces low price obstacle
More than $1 trillion of investment needed in key aluminum, cobalt, copper, nickel and lithium over the next 15 years.
Russel Metals earns $18M in Q3, despite sales decline
Costs were cut, BC real estate sold line pipe inventory offloaded as business gradually recovered from the COVID-19 pandemic.
Trump proclamation exempts Canadian aluminum from tariffs
… but he reserves the right to reimpose the 10% levies on national security grounds if exports spike again.
Locweld awarded $50M contract for steel transmission towers
Destined for Hydro-Québec’s new 735 kV Micoua-Saguenay line.
US companies seeking tariff relief faced red tape, delays
Commerce Department was overwhelmed by companies lobbying to avoid the tariffs, could not meet its own deadline.
US abruptly lifts tariff aimed at Canadian alumunium
…but they’re still on the table, as are threatened Canadian countermeasures.
E2Metrix technology gets $4.5M boost from Natural Resources Canada
Ecothor will help clean out contaminants and solids, recycle mining wastewater.
Rio Tinto CEO loses $3.5M over destroyed indigenous sites
Follows the destruction in May of two 46,000-year-old rock shelters in Juukan George in Western Australia state.
$5M from feds to ensure better traceability of aluminum
Follows 10% tariff slapped on Canadian aluminum by the Trump administration.
58% of Americans oppose Trump tariff on Canadian aluminum: survey
Polling firm Leger says numbers reflect a lack of a clear rationale for the action by the mercurial US president.
Feds invest $98M for the minerals and metals sector
The feds are supporting the Geo-mapping for Energy and Minerals program and the Targeted Geoscience Initiative
PM to Trump: Return of NA economy will negate need for tariffs
He said Canada’s aluminum smelters would soon be back producing value-added specialty products for the American auto sector.
Canada’s response on tariffs won’t be bound by USMCA: negotiator
Trade negotiator Steve Verheul says what actions Canada takes depends on what the US does.
Feds to push back against any new US tariffs on aluminum: Duclos
Bloomberg says the Trump administration plans to impose a 10% tariff on imports from Canada.
Stelco reports Q4 loss on challenging market conditions, steel price drop
Average steel selling price for the quarter was down 28% compared with last year.
Samuel acquires 100% of additive maker Burloak Technologies
Metals and industrial products manufacturer acquired its Burloak minority stake in 2017.
Feds invest in digital tracing for steel supply chain
Funding for two firms will support a proof of concept for a using blockchain and artificial intelligence.
US confirms fabricated steel from Canada dumped, but not subsidized
Investigation is over, no countervailing duties will be collected but injuries to be assessed.
Future Aluminum Forum Industry 4.0
The focus is on Industry 4.0 and what’s happening…
Semafo mine in Burkina Faso won’t reopen this year following attack
Company says it continues to support victims and their families as it works on a plan for the future.
Stelco makes no net profit in Q3 as revenues drop 23%
Revenues were $475 million, down from $619 million in the third quarter of 2018.
Glencore to close Brunswick lead smelter, 420 jobs lost
Losing money since the 2013 closure of the nearby Brunswick Mine, which produced zinc and lead.
China’s Jingye comes to the rescue of British Steel
Rescue deal potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the EU.
BC should demand miners pay cleanup costs up front: Study
Rules review to ensure taxpayers aren’t stuck with the costs of cleaning up or caring for abandoned mines.
