We spoke with Luke Gleeson, who is Head of Corporate Development of Bellevue Gold Ltd (ASX: BGL). Bellevue Gold Ltd. has discovered an exceptionally high-grade gold system, in the world-class Goldfields mining district, of Western Australia. The Bellevue Gold Project is one of the highest-grade and fastest-growing gold projects in Australia, and the Company is advancing to gold production. We lear...Read More
He is arguably one of the most hated men in the world.It all started in 2003, when Elon Musk (along with the company's original founders) had the audacity to launch an electric car company.Pollution apologists and those who believed potential solutions to environmental problems were somehow at odds with conservative philosophy ridiculed Musk while spreading misinformation about the company's vehic...Read More
In July, Dundee Precious Metals (TSX: DPM), which held a 23.5% stake in Ecuador-focused INV Metals, acquired the remaining shares in the junior exploration company that it did not already own in an all share deal.Dundee acquired the shares for about 80 ? - a 63% premium to INV Metals' closing price on the Toronto Stock Exchange on May 28. Iamgold (TSX: IMG; NYSE: IAG), INV's largest shareholder at...Read More
Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal.Makosa contains 15.3 million inferred tonnes grading 1.5 grams gold per tonne for 730,000 oz. of contained gold. The estimate was based on 35,728 metres of drilling. The Makosa resource encompasses the Makosa, Makosa North and Makos...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering.The smelter will be the most extensive of its kind in Africa and one of the largest single-line flash smelters in the world.The US$700 million project is expected to speed along Ivanhoe's ambition to produce environm...Read More
The dawn of a new commodity boom is on the horizon. Base metal prices are rallying and miners are on a global quest for metals to fuel the shift into the green energy and electric vehicle era. Meanwhile, industry discourse surrounds the recognition that for full electrification the world is going to need to mine a lot more - and a lot smarter.A new Edumine course: 'What is Mining' answers the ques...Read More
The diamond sector may be a volatile industry, as its dramatic ups and downs during the pandemic have demonstrated. But readers have remained interested in diamond news this year - especially when it involves large gem diamonds. We've compiled a list of the Top 10 diamond stories from The Northern Miner's sister website MINING.COM for 2021. Note: The top four items are among the site's top 100 mos...Read More
Cal Everett, President and CEO, presents Liberty Gold at the Precious Metals Summit, Zurich - November 16, 2021. We are ...Read More
Canada's annual inflation rate accelerated again in October, matching a February 2003 high, led by sharp rises in gasoline and housing prices, data showed on Wednesday, with analysts expecting more heat ahead.Read full newsRead More
Sarama Resources Ltd. (Read full newsRead More
TORONTO, Nov.17, 2021(GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX.Read full newsRead More
The global markets will need four times the nickel and double the copper in the next 30 years to facilitate a decarbonised world, a BHP Group executive said on Wednesday.Read full newsRead More
Spot gold rose to US$1,867 an ounce while silver was up slightly and back above $25/oz.Cash copper lost 1.6% on the London Metal Exchange to $9,421.40/t."Buy the dip," US investment bank Jefferies said yesterday.The bank is resolutely bullish on the red metal despite demand concerns."We forecast a balanced copper market in 2022 followed by growing deficits starting in 2023," analyst Christopher La...Read More
"There are some uncertainties on the demand side for copper," said Xu Yulong, deputy general manager of state-owned China Copper International Trading Group, on a panel discussion."People think consumption from Western countries may pick up and some of the export orders will return back to the local market. But we still have problems in real estate demand. This is really a big concern… if w...Read More
"We've all been moved by incredible acts of kindness and generosity as residents of Wheatley support their friends and neighbours," said Doug Ford, Premier of Ontario. "I want Wheatley's residents to know that they can count on our government's support too. We will keep going until we've determined the cause of the gas leak, and in the meantime, we are providing this additional funding to help all...Read More
Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) said its logistics chain between west coast terminals and operations in British Columbia has been temporarily disrupted due to heavy rain, flooding and mudslides.The Vancouver-based mining giant said it has implemented measures to mitigate the effect of the disruption, diverting some trains to Ridley Terminals...Read More
Everyone is fixated on China these days. And it's not hyperbole to suggest that under President Xi's guidance, the Middle Kingdom has become a larger threat to the United States than Russia. It's truly a villainous mantle that the media have placed on China lately, and in many regards, they're not wrong.Nowhere is this bitter competition between global powers more jarring than the race for bet...Read More
Swiss commodity giant Glencore (LSE: GLEN) is selling its stake in the Ernest Henry copper-gold mine in Queensland, Australia to Evolution Mining (ASX: EVN) for A$1 billion ($916.5 million) in cash.Evolution will pay Glencore A$800 million ($733 million) upfront and the remaining A$200 million after 12 months. The companies believe the transaction will close in early January 2022.Under the terms o...Read More
Australia-based Newcrest Mining (ASX: NCM; TSX: NCM; PNGX: NCM) is building critical mass in Canada with the second significant acquisition announced as the mining major sets its sights on organic and mergers and acquisitions-based growth in the Americas, managing director and CEO Sandeep Biswas tells The Northern Miner.In 2019, Newcrest took a 70% interest in Imperial Metals' (TSX: III) Red Chris...Read More
Wolfden Resources (TSXV:WLF) has released new resource numbers for its Pickett Mountain base metal project in Penobscot Cty., Maine. Both indicated and inferred resources have been significantly increased by 22% and 57%, respectively, from a previous estimate completed in 2020.The indicated resource is now 2.7 million tonnes averaging 8.91% zinc, 3.83% lead, 1.22% copper, 97.2 grams silver per t...Read More