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Nickel Industries flags transformative nickel deal

ASX-listed Nickel Industries has announced plans for a $471-million capital raise to fund the acquisition of a 10% interest in two producing nickel assets, including a greater stake in the Oracle nickel project. Nickel Industries has struck an electric vehicle battery...

Kingsrose strikes deal over Norway base metals project

ASX-listed explorer Kingsrose Mining has struck a deal with Scandinavian Resource Holdings and Global Energy Metals Corporation for the staged investment into the Råna nickel/copper/cobalt project, in Norway. Under the terms of the agreement, Kingsrose could earn up...

A new purpose for spent mines

Companies with abandoned underground mines could find a new purpose for them as a way to create and store energy. In a study released by the International Institute for Applied Systems Analysis (IIASA), it was found that a new technique called “underground...