Owner Battery Mineral Resources said this is the first new cobalt-dominant mineral resource delineated in the Sudbury region in the past 50 years.

Iamgold reduced the size of its workforce in November, following a suspension due to a seismic event.

The Vancouver-based miner said the discovery was made by drilling a vertical hole into an EM and gravity anomaly.

Over 70% of respondents answered that investment in Canada’s natural resource sector will help with the post-covid economic recovery.

The Canadian miner said it wants to achieve a zero-carbon footprint at both its Phase 1 anode materials plant and its Matawinie graphite project in Québec.

The Canadian miner had initially set an emissions reduction target of 10% by 2030 against a 2018 baseline.

The Slave Lake biomass-gas-to-liquids proposed project is expected to produce 6.5 million liters per year of low-carbon intensity, clean-burning synthetic diesel fuel.