Sponsor Content. The old axiom that the most important aspect of real estate is location can also hold true for miners. If you're sandwiched between two large mines, one of them with more than four million ounces of gold in the ground, in a jurisdiction that is experiencing a gold rush, then chances are you've got a good shot of finding a healthy haul of the yellow metal. Add billionaire...Read More
BILLINGS, Mont. (AP) - Montana tribes and conservation groups sued state environmental regulators Wednesday after Gov. Greg Gianforte's administration dropped a legal claim against a mining executive over decades of pollution from several mines. The lawsuit was filed in state district court in Lewis and Clark County by attorneys for the Confederated Salish and Kootenai Tribes, the Fort Belknap...Read More
Cave Creek Museum is home to a fully operational stamp mill that was used to extract gold more than a century ago. The Arizona Gold Mining Experience offers a glimpse into what it was like to be an Arizona miner in 1910.Read full newsRead More
Aben Resources Ltd. has executed a formal option agreement with ERead full newsRead More
Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased to provide the results of specialist test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia. The results of ICP assay of spherical graphite purified to 99.96% with an intensive...Read full newsRead More
Spot gold was worth about US$1,850 an ounce at the time of writing, having risen above $1,865/oz earlier.US consumer price index data was at 30-year highs, IG market analyst Kyle Rodda said, and followed higher-than-expected China Produce Prices and CPI data."Everyone, including central bankers, still appears to be underestimating still the inflation pulse," he tweeted."Implied probabilities of Fe...Read More
The company is in the latter stages of a 15-hole program it began in August.Read More
Share this article VANCOUVER - Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) has executed a formal option agreement (subject to regulatory approval) with Eagle Plains Resources Ltd. (TSX-V: EPL) whereby Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty in the road-accessible Slocan Graphite Project located 34km northwest of Castlega...Read More
Share this article VANCOUVER - Pan American Silver Corp. [PAAS-TSX, NASDAQ] on Wednesday reported sharply lower than expected third quarter 2021 earnings as the company continues to grapple with the negative impact of COVID-related restrictions.The company reported third quarter adjusted income of US$37.8 million or 18 cents per share, which was well below the consensus estimate among analysts of...Read More
We're used to China dominating markets, aren't we?In the global EV market, the Middle Kingdom sold over 1 million more electric vehicles than the U.S. did in 2020, and it's far ahead of the United States in laying down the appropriate charging infrastructure. But China doesn't simply aim to control an industry - it has to dominate it. Did you ever wonder why Chinese chemical companies command...Read More
Steppe Gold (TSX: STGO; US-OTC: STPGF) has secured an investment of US$65 million in debt to fast-track its Phase 2 construction of the Altan Tsagaan Ovoo (ATO) gold and silver project in Mongolia.In a news release, the Mongolia-based precious metals company said that of the total US$65 million in loans, US$59.7 million has been funded through the Gold-2 National Program, facilitated through the C...Read More
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has lowered its silver and gold production targets for the second time this year as costs related to ventilation upgrades at its La Colorada mine in Mexico and labour shortages weighed on profits in the September quarter.The company came out with quarterly earnings of $0.18 per share, missing investors estimates of $0.35 per share. This compares to ear...Read More
Canada's efforts to help developing nations transition away from coal won't pay off unless the countries create policies that encourage its industries to make that shift, researchers said.At the recent United Nations COP26 in Glasgow, Canada said it would phase out its thermal coal exports by 2030 and pay $1 billion to developing nations that depend on coal for nearly half of their electricity con...Read More
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according to a new study released by BofA Global Research, a unit of the Bank of America.To meet the demand and prevent bottlenecks to net zero, the global mining sector needs to spend an additional US$72 billion annually till...Read More
Greenland's parliament has passed a bill to ban uranium mining and exploration in the Danish territory, effectively blocking the development of the vast Kvanefjeld rare earths project, one of the world's biggest.The project was being developed by Australia's Greenland Minerals (ASX: GGG). It was granted preliminary approval in 2020 and was on track to gain the previous government's final endorseme...Read More
We spoke with Alan Pangbourne, who is CEO and Director of Chesapeake Gold Corp. (TSXV: CKG, OTCQX: CHPGF), the mineral exploration company, focused on the development of its flagship Metates gold-silver-zinc project, located in Durango State, Mexico. Metates hosts over 18 million ounces of gold and 500 million ounces of silver and is in the top five undeveloped deposits in the world. We learned fr...Read More
Well, 2021 was a roller-coaster year for gold.The price of gold kicked off 2021 with a strong start, trading over $1,950 an ounce. But it was a fast downhill slide from there.In the first quarter gold prices shed almost 10%, dipping below $1,700. It was the worst first quarter for gold since 2016. And one of the worst of all time.Then in the second quarter, gold rallied, reaching over $1,900/ounce...Read More
American Eagle Gold Corp. is pleased to announce that its drillRead full newsRead More
"We believe that it is now time for our project to proceed to the construction and production phases with Zijin, a leader with a track record...Read full newsRead More
S&P releases average consensus forecasts from 38 different brokers each month. The biggest cut to expectations was for uranium. As of October 29, forecast uranium prices for 2022 were down 7.Read More