Analysts welcomed the move as Arena's Sal de la Puna project is adjacent to Lithium Americas' recently acquired Pastos Grandes project, both of which are located in the Pastos Grandes basin in SaltaRead More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe S&P/TSX Global Mining Index is, at time of writing, down by 18% over the past month, albeit from the 14-year highs in April.Read More
Copper mine supply in the US is expected to reach 1.52 million tonnes this year, higher than 1.465 million tonnes last year but still short of expected national demand of 2.Read More
Kinross Gold and IAMGOLD were the companies feeling cost pressures the most with AISC up 27.7% and 20.Read More
Look beyond market approach to project valuations: van ZylLeadershipKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzThe firm is focused on funding the development of its Cariboo gold project in central British Columbia, Canada and a feasibility study on track for compl...Read More
The company noted that the most significant infrastructure being constructed is the filtered tailings facility—which is the first of its kind in Ecuador.Read More
Coal is a commodity that garners scant public support at the moment, and with dwindling funding so exploration for the crucial ingredient of steel production has declined in recent years. Steel remains in high demand, however, and the pipeline of premium metallurgical (coking) coal deposits to service this sector has almost disappeared. No-where is this looming shortfall in the delivery of coking...Read More
All of the proceeds will be used to pay down the firm's existing credit facility and to fund capital expenditures at the Red Chris mine, the firm said.Read More
From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said.Read More
Shares in the firm gained 4.3% or C$0.01 to C$0.24, giving the firm a market capitalisation of C$51 million.Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe bridge loan is expected to be followed by the completion of a rights offering of at least a further US$4 million within 150 days. NorZinc s...Read More
On April 19, 2022, Xanadu Mines Ltd announced a strategic partnership to progress its Kharmagtai copper-gold project in Omnogovi Province. Under the agreement, Zijin Mining Group Co. will invest in both Xanadu and the project directly.At the corporate level, Zijin will invest A$11.3 million into Xanadu in two tranches. An initial placement on April 27 saw Zijin receive 139 million shares at an iss...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.The company reported an intersept of 420m grading 0.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryAs part of a non-brokered private placing, Agnico will increase its stake to 19.7% from 13.3% on a partially-diluted basis assuming the e...Read More
"We appreciate having quickly attained Stage 1 agreement with Rio Tinto's Nuton team and look forward to further advancing the MacArthur and Yerington projects," Lion's CEO Travis Naugle said.Rio is to provide US$3.75 million in funding to Lion for the Mason Valley project development and exploration. Rio has the option to earn a 65% interest in the assets.The deal was made following Rio's Nuton l...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoverySince the end of March, the S&P 500 share price index has fallen 13.Read More
Anglo American sees a shortfall of an annual 18 million tonnes between refined copper demand and committed mine copper supply and copper scrap in smelting by 2040.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryRio already owns 51% of Turquoise Hill, the owner of 66% of the Oyu Tolgoi copper-gold mine in Mongolia.The company made a $2.7 billion,...Read More
Look beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryThe revised credit facility also includes "sustainability-linked metrics".Read More
The penny finally appears to have dropped. Legislation proposed at the end of March in the US will see Joe Biden's government fast track supplies of critical minerals, while European nations are at last waking up to the impending shortage of metals integral to the energy transition.But those with only a cursory knowledge of mining appreciate these things take time. Bringing a mine online takes an...Read More