The mining entrepreneur died in Geneva at the age of 64, following a two-year battle with brain cancer.Read full newsRead More
FPX Nickel (TSXV: FPX; OTC: FPOCF) has received additional results from an ongoing three-phase metallurgical test program to support the continued development of the [...]Read full newsRead More
Anglo American posted underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8.7 billion, down 28% from $12.Read More
Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) President and CEO Don Lindsay has informed the company of his intention to retire, effective September 30, 2022, following 17 years in the role. In a press release, the Vancouver mining giant said Jonathan Price will succeed Lindsay as CEO, and Harry "Red" Conger will become President and Chief Operating Offi...Read More
$1.02 billion...That's now the amount of the total Mega Millions jackpot after no one won on Tuesday.If you were to play now and win and you took the entire amount in one lump sum, you would actually end up with $602.5 million. And depending upon where you live, the taxes on that could get as high as 48%, which would leave you with about $313 million.That's a bit frustrating to be sure, but s...Read More
We spoke with Belinda Labatte, who is CEO of Lomiko Metals Inc. (TSX.V: LMR), a graphite and lithium exploration and development Company in Quebec, on a mission to build a major new energy platform in Canada. Lomiko holds a 100% interest, in its La Loutre graphite development, in southern Quebec, located within the Kitigan Zibi Anishinabeg (KZA) First Nations territory, close to infrastructure, wi...Read More
Aclara Resources is a development-stage, rare earth, mineral resources Company, located in Chile, with an objective to become a strategic supplier of the critical Heavy Rare Earth Elements (HREE), while also supplying key magnet, Light Rare Earth Elements (LREE), in order to support the widespread use of renewable energy technologies and the increased adoption of EVs, globally. Aclara is initiatin...Read More
Canada's lithium supply response is expected to post strong growth through 2031 and outperform the U.S., a new analysis by Fitch Solutions Country Risk & Industry Research suggests.Canada's current solid project pipeline, prospective investments into petroleum brine production techniques in Alberta, and a fast-growing battery and electric vehicle (EV) manufacturing base in Quebec and Ontario provi...Read More
ATAC Resources (TSXV: ATC; OTC: ATADF) has updated the resource at its Osiris deposit, part of its 100%-owned Rackla gold property in central Yukon, incorporating 7,800 metres of drilling in 20 additional holes completed since the previous 2018 resource.A significant portion (43%) of the 2018 inferred resource has been converted to the indicated category, which now totals 732,000 oz. gold at an av...Read More
Equinox Gold (TSX: EQX), which is developing the Greenstone project in Ontario in partnership with Orion Mine Finance Group (60/40), said the overall project is now 35% complete, and the mine is on schedule to pour its first gold in the first half of 2024. The $1.2-billion project also remains on budget, with over half its total capital costs already contracted to date.Validity of the project's...Read More
I have a theory that mining executives are eating too much salad. Beatrix Potter warned us in 1909 that eating lettuce is soporific (in her Tale of the Flopsy Bunnies). Whatever the cause, mining companies seem to be sleepwalking into a catastrophic shortage of skills.The revered children's author was a remarkable lady. A keen natural scientist, Potter had a particular interest in archaeology, ent...Read More
Miners Ultra Argentina SRL and China's Zangge Mining have committed US$290 million in investments to explore and develop lithium deposits in northwest Argentina, as well as to build a plant, the minister of industry Daniel Scioli announced.Zangge Mining will initially invest US$40 million in the exploration and development of the Laguna Verde lithium project in the province of Catamarca.A further...Read More
Rio, Winning Consortium Simandou (WCS) and the Guinean government have incorporated La Compagnie du TransGuinéen (The TransGuinean Company) to further progress plans to co-develop the multi-purpose and multi-user infrastructure for the project.Rio and WCS will each hold 42.5% of La Compagnie du TransGuinéen, while the government will have a 15% free-carried interest.It comes after a...Read More
Connect with Lion One Metals ?oe" Lion One Metals Social Media ??? https://liononemetals.com ...Read More
Google, Meta and ByteDance are in a battle for supremacy in the short-video format. WSJ's Miles Kruppa breaks down how each ...Read More
The company's share price was at a four-week high of C$4.32 (US$3.6) on July 26, having risen 4% day on day. It had been on a downward trend since hitting a year-to-date high of C$6.Read More
At 170 carats, the gemstone is one of the largest rough diamonds ever recovered globally and is believed to be the largest pink diamond recovered in 300 years. The Lulu joint venture has now recovered 27 stones exceeding 100ct, with the Lulo Rose the fifth largest from the field. The largest ever diamond recovered in Angola was the 404ct 4th February Stone, also from the Lulo concessions...Read More
Shares in Canada's uranium major, Cameco (TSX: CCO; NYSE: CCJ), gained nearly 10% on Wednesday after the company reported higher core profit than expected amid an uptick in uranium prices.The Saskatoon, Sask.-based company said headline profit per share more than doubled to 18 ?, compared with analyst forecasts calling for a loss of 1 ?.Revenue for the three months ended June increased 55% year-on...Read More
NorthWest Copper Corp. (TSXV: NWST; US-OTCQX: NWCCF) has released a new mineral resource estimate on the Lorraine project, about 40 km. from the company's Kwanika-Stardust project in Central B.C.The June 30 technical report draws on drilling completed between 1949 and 2009 and calculates an indicated resource of 12.9 million tonnes for 156,093 lb. of copper, grading at 0.55% copper and 0.66% coppe...Read More
Mining financier and entrepreneur Lukas H. Lundin has died in Geneva at the age of 64, following a two-year battle with brain cancer. The Swedish-Canadian Lundin, known for his shrewd business sense and willingness to take risks, was born in 1958 in Stockholm. Lundin learned the natural resource business from his father, the late Swedish resource magnate Adolf H. Lundin and founder of the Lundin...Read More