Critical Metals

Canadian North Resources Inc (TSXV: CNRI) continues to advance its 100%-owned Ferguson Lake Project in Nunavut, Canada. The polymetallic resource includes copper, nickel, cobalt, palladium, and platinum, all key metals for the clean energy transition. A 2024 mineral resource estimate outlines 66.1 Mt Indicated and 25.9 Mt Inferred, including 1.093 billion pounds of copper and 678 million pounds of nickel in the Indicated category, with most of the resource mineable by open pit. Ongoing metallurgical and geophysical work supports further resource expansion. With over C$190 million in historical investment, the project is positioned as a potential joint venture or acquisition target as CNRI works toward future technical studies and project de-risking. [more]

The CEO panel on Critical Metals at PDAC 2024, featured industry leaders from Teck, Albemarle, Vale, and BHP, and delved into the future of commodities amidst volatile markets. Discussions highlighted sustainability as a strategic advantage, the balance between growth and environmental stewardship, community engagement, and the role of technology in accelerating mineral discovery. The panel underscored the importance of secure, ethically sourced supply chains and collaborative efforts to overcome regulatory challenges. These insights emphasize the industry’s commitment to sustainable practices and innovation, ensuring a resilient supply of critical metals for the energy transition. [more]