Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt is looking to raise funds in the com...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftOdd as it might sound, the best way into palladium at this late stage of a spectacular rally is through another metal that has similar chemical properties when used as an auto-catalyst in the exhaustRead More
Peru's Minister of Energy and Mines, Francisco ??smodes, and the Vice-Minister of Territorial Governance, Ra??l Molina, held a meeting this weekend with the Cusco Regional Governor, Jean Paul Benavente, where they addressed the situation regarding a blockade affecting Las Bambas copper mine.For 48 days now, the Indigenous community of Nueva Fuerabamba has blocked Chinese miner MMG Ltd from using a...Read More
According to global risk consultancy Verisk Maplecroft's latest Resource Nationalism Index (RNI) report, a total of 30 countries have registered a significant increase in resource nationalism risk metrics over the past year, 21 of which are considered major producers of oil, gas and minerals.The RNI is aimed to measure the risk of expropriation, the imposition of more stringent fiscal regimes, and...Read More
SANTIAGO - Chile's Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country's northern desert, a company official told a Chilean newspaper on Friday.Antofagasta needs access to water for the future development of its Zaldivar copper deposit, which is near BHP's Escondida mine, the world's largest copper mine. Zaldivar's size, h...Read More
LUSAKA - Vedanta Resources has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines Plc (KCM), the local firm said on Friday.Sheppard has 35 years of mining experience and takes over from acting CEO Venkatesan Giridhar, who will now revert to his role as chief financial officer, KCM said in a statement.Sheppard has previously held leadership r...Read More
MANILA - Philippine copper and gold producer Philex Mining Corp on Friday said the start of output at its Silangan mine in the south of the country would be delayed by four years until 2022, hit by a national ban on new open-pit mining.The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.Silangan w...Read More
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) scored a big win this week after the U.S. Forest Service approved the company's mine plan of operations (MPO) for its $1.9 billion Rosemont copper project in Arizona."Rosemont is now a fully permitted, shovel-ready copper project and we look forward to developing this world-class asset," president and chief executive Alan Hair said in a statement.T...Read More
Defense Metals (TSV-V: DEFN) / (OTCQB: DFMTF) is a great name. The Company is defending against Chinese dominance of Rare Earth Elements ("REEs"), and Defense Departments require select REEs to defend their countries! Several REEs are very difficult or impossible to replace in critical applications, yet enable products essential to modern civilization. Any company outside of China that can reliab...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe plan defines the project scope and how the company will operate the US$1.9 billion copper-molybdenum-silver openpit project on the eastern slope of the Santa Rita mountains southeast of Tucson.When completed, the mine is expected to produce 127,000 tonnes per annum of copper concentr...Read More
Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpThis new zeitgeist has been raised to c...Read More
The world's largest miner BHP (ASX, NYSE:BHP) took a key step this week towards increasing its presence in Ecuador, the new darling of copper prospectors, by signing an earn-in and joint venture deal with Canada's Luminex Resources (TSX-V:LR).The Vancouver-based miner, which has already enlisted big names such as Anglo American and First Quantum for its other three Ecuadorian assets, has given BH...Read More
Up to 20% of the DRC's cobalt is mined by hand, often by children with picks and shovel. (Image: Screenshot from Congo Cobalt MinesVideo | YouTube.)Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly, while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.In a report...Read More
1. The latest U.S. central bank announcement was a win-win for gold.2. If the Fed surprised analysts and hiked rates, the stock market probably crashes, and gold stocks rally strongly.3. As expected, the Fed did nothing and gold stocks outperformed.4. It's a clear win-win situation for gold bugs around the world.5. I'm adamant that the U.S. stock market would already look somewhat akin to the 1929...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe holes, drilled 500m apart, show that the high-sulphidation epithermal deposit forming the bulk of the mineral resource which supports the project pre-feasibility study (PFS) is underlain by porphyry copper-gold mineralisation to depths of over 1,000m below surface."These two holes confirm...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsBut the obvious resources have largely been picked clean and now the hunt for tonnage takes explorers to (mostly) former conflict zones, remote deserts and deep underground.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsResponding to media speculation in relation to the deal, Aeris said the consideration comprised $525 million cash and $50 million of shares.The cash component could involve $250-$300 million of debt and equity of $185-$240 million, with a potential silver stream of $35-$40 million also in the...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsBack in 2010 a moratorium on new exploration licences effectively shut out explorers wanting to gain access to Mongolia's highly prospective geology.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadership"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt reported a 32m intercept at the Gamlegruve workings area grading...Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resources"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftHeadline returns for the mining sector over the past eig...Read More