Chilean miner Antofagasta (LSE: ANTO) has opened a $66-million integrated remote operations centre (IROC) for its Centinela copper mine in the country's north.The centre is expected to improve safety, productivity and quality of life of employees, who will be able to work out of the region's capital city rather than at the site."The IROC is part of the company's strategy towards modern mining that...Read More
Canada's Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues to work on a financing package.Progress at the project, halted since 2017, was in the past hindered by both government delays in issuing permits and community opposition over the possible environmental impacts of gold...Read More
Although there are many examples of fabulously rich gold, diamond and base metals mines that have been developed in the Far North, the mineral potential of the northern reaches of Canada, the U.S., and other nations remains largely untapped. Here are eight exploration, development and mining companies active in the Arctic and near-Arctic. BMC MINERALS Drillers at BMC Minerals' Kudz Ze Kayah proj...Read More
Stagflation isn't coming.It's already here.Inflation hit 8.5% in March, making for the fastest 12-month pace since 1981.And the Commerce Department reported yesterday that the U.S. economy contracted by 1.4% on an annualized basis through the first three months of 2022. That's a far cry from the 7% percent growth experienced in the final three months of 2021, and the weakest quarter since the spr...Read More
Primeros Auxilios, B??squeda y Rescate, Combate de Incendios, #DerechosHumanos y #EquidadDeG?(C)nero, ...Read More
Falcon Gold Corp. (TSXV:FG), (GR:3FA), (OTCQB:FGLDF); (Read full newsRead More
TRU intends to complete a non-brokered private placement for gross proceeds of up to $2,500,000.Read full newsRead More
TRU intends to complete a non-brokered private placement for gross proceeds of up to $2,500,000.Read full newsRead More
GT1 was formed to take control of Ardiden's legacy lithium assets is raising $55 million, including LAC's investment. The raising was priced at A$1.05 per share, a 6% discount to recent trading, but well above the 24c level of its $24 million initial public offer in November. LAC will become a 5.2% shareholder in GT1. Existing major shareholders AMCI Australia and Primero...Read More
Share this article VANCOUVER - Equinox Gold Corp. [EQX-TSX, NYSE American] reported positive drill results from its 2021 exploration drilling in the 70-km-long greenstone belt in Bahia State, Brazil, that hosts the 100%-owned Fazenda and Santa Luz gold mines. Exploration identified multiple near-mine and regional discoveries that highlight growth potential in the Bahia belt."The 2021 exploration...Read More
Check out this headline:This is why the so-called "experts" are useless.Here's a segment of the article, which appeared in Fortune:Mike Rhodes, CEO and founder of London-based consultancy firm ConsultMyApp, told Fortune on Tuesday that Twitter the deal could "prove to be a bridge too far" for Musk."The projects he has on the go both at Tesla and SpaceX can hardly be seen as unambitious tasks that...Read More
Copper is a metal essential to construction, manufacturing industrial machinery and to the green energy transition - and demand is increasing worldwide.The copper price broke an all-time record intraday high above US$11,000 per tonne this year on the back of historically low global inventories.Our sister company Mining Intelligence has compiled a list of the world's top 10 biggest copper mines bas...Read More
A motion for an official apology from the Ontario Legislative Assembly to former Ontario miners who were forced to inhale an aluminum and aluminum oxide powder linked to the development of Parkinson's disease was denied on Thursday, as the House asked for more time to "properly honour" the victims and their family members. In between 1943 to 1979, many Ontario miners were required to inhale the...Read More
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) has entered into a partnership with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) focused on the latter's Nuton venture and a non-brokered private placement for total gross proceeds of up to $30.5 million. Nuton technologies offer a portfolio of proprietary copper leach related technologies and capability developed by Rio Tinto to deliver increased co...Read More
The U.S. Securities and Exchange Commission (SEC) has charged Vale S.A. (NYSE: VALE) with making "false and misleading claims" about the safety of its dams ahead of the January 2019 collapse of its Brumadinho dam in Brazil, which killed 270 people, in a complaint filed in the U.S. District Court in New York, the SEC said. According to the SEC's complaint, the mining giant "manipulated multiple...Read More
Just one month after announcing a deal to acquire the Gasp?(C) Copper project, near Murdochville, Que., Osisko Metals (TSX-V: OM; US-OTC: OMZNF) has announced an initial inferred resource estimate for the Mount Copper deposit at the project using data from historical drilling completed between the 1960's and 2019. The company has also started a 30,000-metre drill program at the project, located...Read More
Champion Iron (TSX: CIA; OTC: CIAFF) has provided operational results for its fiscal fourth quarter and full year ended Mar. 31. The company owns and operates the Bloom Lake mining complex, located on the south end of the Labrador Trough, approximately 13 km north of Fermont, Que., and 10 km north of the Mont Wright iron ore mining complex held by ArcelorMittal Mines Canada.The Bloom Lake Phase...Read More
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia's invasion of Ukraine continues to drive up prices of most commodities the company mines and sells.Delivering results for the first three months of the year, the Swiss company said earnings from its marketing unit will "comfortably" top the highest end...Read More
There is a quote I've been reluctant to drop in the last two months even as I've been citing a whole lot of history that mirrors what we're seeing today in everything from arms to food to global logistics."We must be the great arsenal of democracy. For us this is an emergency as serious as war itself. We must apply ourselves to our task with the same resolution, the same sense of urgency, the same...Read More
gold #copper #inflation #stocks #investing #privateplacements #batterymetals #metals #uranium #mining #preciousmetals ...Read More