The deal is made up of $80 million in cash and $70 million in UEC stock, UEC said. The cash portion isfully funded from $173 million of cash and liquid Assets on the balance sheet.Read More
Sheffield Resources is forging ahead at the Thunderbird ilmenite and zircon project, as executive chair Bruce Griffin explains.Read More
Rising interest rates - including by the US Federal Reserve - and Russia's ongoing invasion of Ukraine were factors behind the prospects of a downturn next year.Read More
The third quarter consolidated production at 63,900 ounces of gold was down 12% from the previous quarter of 72,900 ounces and below market consensus of around 69,000 ounces.Read More
The southern seafloor of the exclusive economic zone (EEZ) surrounding Minamitorishima - a coral atoll also known as Marcus Island - has an extremely REE-rich mud layer, according to KatoRead More
Analysts from the investment bank are bearish on copper, downgrading their three-month forecast price from US$7500 per t (which is around current levels) to just $6200/t or $2.80 per pound.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe company said it received the notice on 7 October, which is due to strike action by Transnet's unions."We have...Read More
Mining Journal talked to Centamin chief executive Martin Horgan about the company's plans.Read More
The decline reflects an 8% fall in gold prices to an average of US$1,730 an ounce and a larger decline in by-product metals, including a 15% fall in silver prices and 19% in copper.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio currently exerts control via a 51% stake in Turquoise Hill which in turns owns 66% of Oyu Tolgoi, the remaind...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDTrevali's 90%-owned subsidiary Nantou Mining has filed an application for liquidation with the Judicial Tribunal...Read More
Jervois officially opened its Idaho Cobalt Operations mine site on 7 October and once commissioned will be the only primary cobalt mine in the US.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedThe new measured resource, which is a first, at the former Anglo American mine is of 55.33 million t, grading 39.26% Fe.The me...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe main focus of the scoping study will be to assess the hub, North Lake deposit, and spoke, Contact Lake, Previ...Read More
"While we had expected the permit amendment to be granted, the official receipt is a catalyst for the stock in our view, and partially de-risks development of the new zone through 2022-2023," saidRead More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDUntil last week doubts lingered about Simandou, a project with roots that date back to 1997 when Rio Tinto was gr...Read More
The company on July 28 told shareholders that briefings on the appeal were scheduled to be completed August 11 with a final decision expected shortly thereafter. Reuters, however, reported October 6 that the hearing for the lawsuit has been set for January 5, 2023."Today's news implies the Federal BLM appeals case is now expected to be resolved in early 2023 (from H2/22 previously), and as a resul...Read More
That compares to 15,514 attributable GEOs and US$27.6 million in revenue for the same period last year.The company said that its preliminary cost of sales, excluding depletion for the three months, was US$7.3 million, resulting in cash operating margins of approximately US$1,383 per attributable GEO, which compares to US$3.7 million and US$1,541 per attributable GEO for the third quarter last year...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDUnder the agreement, each Cornerstone share will be exchanged for 15 SolGold shares, with SolGold having the opti...Read More
"The key negative was higher than expected provisional pricing adjustment of C$191 million for coal versus $73 million impact in the second quarter which should offset the gains from higher realizedRead More