Saskatchewan has introduced a new royalty framework for lithium production, marking a major step toward supporting the province’s growing role in Canada’s critical minerals sector. The amendments to 2017 subsurface mineral royalty regulations formally establish a 3 percent Crown royalty on the value of brine mineral sales, coupled with a two year holiday for new productive capacity. Provincial officials said the change aligns Saskatchewan’s royalties for lithium with those already applied to potash, salt and sodium sulfate, and keeps the province competitive with leading jurisdictions worldwide. “Lithium is a critical mineral that is expected to see strong demand and growth in the decades ahead, and Saskatchewan is well-positioned to take advantage of this opportunity,” Energy and Resources Minister Colleen Young said. “By putting this royalty framework in place now, we are providing certainty for industry, while ensuring the people of Saskatchewan benefit as this sector develops,” Young added. Industry participants…
Here’s a quick recap of the crypto landscape for Wednesday (October 8) as of 9:00 p.m. UTC. Get the…
Investor Insight Metro Mining is one of the few pure-play upstream bauxite companies globally listed on a stock exchange.…
The oil market struggled in Q3 as prices continued to soften under mounting supply pressure. Following moderate gains in…
Freegold Ventures Limited ( TSX : FVL,OTC:FGOVF ) (OTCQX: FGOVF ) is pleased to provide a project update. Drilling…
Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) announces that it has revised the…
The platinum price broke US$1,600 per ounce on Monday (September 29), its highest level since April 2013. What’s moving…
The big news impacting markets this week is the shutdown of the US government. While lawmakers were trying to…