September iron ore shipments dropped 2% year-on-year to 83.4 million tonnes, but were up 9% quarter-on-quarter. Shipments for the first nine months of 2021 were down 2% to 237.5Mt.Read More
Share this article VANCOUVER - i-80 Gold Corp. [IAU-TSX; IAUCF-OTCQX], together with its wholly owned subsidiaries Goldcorp Dee LLC and Au-Reka Gold LLC, has completed the transactions contemplated by the previously announced asset exchange agreement with Nevada Gold Mines LLC (NGM). Under the exchange agreement, i-80 Gold acquired from NGM, by way of an asset exchange, the Lone Tree and Buffalo...Read More
You may not realize it with the surge in oil and gas stocks recently, but there's another sector of the energy market you need to be a part of.It's the booming solar energy sector.The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% over that time, according to a new report from Allied Research. That's just...Read More
Demand for 'green energy' metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients. On October 13, Tesla inked a multi-year nickel supply deal with New Caledonia's Prony Resources, which will give the EV maker roughly 42,000 tonnes of the metal, making it the miner's largest custom...Read More
Hochschild Mining (LSE: HOC) has informed Skeena Resources (TSX:SKE) of its intention to take over operatorship of the Snip gold project and begin spending to earn 60% of Skeena's interest, as per an agreement signed in September 2018.The Snip project, located in British Columbia's Golden Triangle, is a past-producing mine acquired by Skeena from Barrick Gold (TSX: ABX; NYSE: GOLD) in 2017. The pr...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) secured key backing for its climate transition strategy despite concerns that the long-term plan to tackle customers' greenhouse gas emissions did not go far enough. At its annual general meeting in London, the world's largest miner's climate change roadmap won an 83% support - a much stronger outcome than the knife-edge result some analysts had predicted....Read More
Alrosa (MCX: ALRS), the world's top diamond miner by output, warned that global stocks of roughs are nearing multi-year lows, as demand continues to increase with not meaningful supply response from miners.The Russian producer, which posted results for the three months to Sep. 30, said it had sold 9.2 million carats in the period. That's a 20% drop from the previous quarter, which Alrosa attri...Read More
Canadian companies Nano One Materials (TSX: NANO) and Euro Manganese (TSX-V, ASX: EMN) have joined forces to develop what they call "economically viable and environmentally sustainable" applications of high-purity manganese. In detail, the firms have entered into a joint development agreement under which Euro Manganese will develop manganese products for use in cathode materials made by Nano One....Read More
"With this support, our government is strengthening communities, creating jobs and helping more northerners live, work and build careers in Northern Ontario," said Vic Fedeli, MPP for Nipissing.Funding for the following businesses is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC): $400,000 for Fabrene Inc. - a manufacturer and supplier of high-quality plastic produc...Read More
A lot of people snickered when the Space Force was first introduced - both officially and as a concept.Even now, a lot of people still don't understand what it does or is intended to do.They imagine it's something like Star Wars, with spacecraft shooting lasers at each other or conquering distant planets.But that's not it at all.In reality, space isn't the same kind of warfare domain that land, se...Read More
Natalie Senger, Chief Geologist at Tudor Gold provides an investor update for the 2021 Precious Metals Summit at Beaver Creek, ...Read More
The support for the Cameco Riders Touchdown for Dreams program at the Oct 9th Pink Game was simply amazing - thank you all.Read More
Nobel Resources Corp. is pleased to announce that the Company, thRead full newsRead More
Edgemont Gold Corp. is pleased to announce that it has successfulRead full newsRead More
"In response to the surge in energy prices, Nyrstar will curtail production further at its three European smelters, reducing production by up to 50% from today," the company, whose operating business is majority owned by commodities trader Trafigura, said.Spot zinc gained almost 5% and zinc for three-month delivery rose 4.24% to US$3,401.50 per tonne on the London Metal Exchange.Gold returned towa...Read More
This would make Ayawilca the largest primary zinc producer in South America and a top-10 global zinc producer.Read More
Share this article VANCOUVER - Constantine Metal Resources Ltd. [CEM-TSXV; CNSNF-OTCQX] provided a summary of the summer field activities and available assay results from its 2021 drill program at the Palmer joint venture project, Alaska. Palmer is a joint venture between Constantine (about 46.6%) and Dowa Metals & Mining Co. Ltd. (about 53.4%) with Constantine as operator.Two diamond drill rigs...Read More
It's been a tough month for investors.Overall, the market has been an absolute roller coaster.One week we're at record highs, and the next we're in free fall.For instance, take a look at the past 30 days on the Dow Jones...While this kind of action is good for day traders and hedge funds, for regular investors just looking for steady gains, this has not been a good month.Of course, Rule No. 1 of i...Read More
Australia's South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for US$1.55 billion in cash plus a contingent price-linked consideration of up to US$500 million over the 2022 through 2025 fiscal years. Japan's Sumitomo Metal Mining and Sumitomo Corp, which together hold a 45% stake, had said...Read More
The Canadian Mining Hall of Fame welcomed five exceptional individuals during its thirty-third annual induction ceremony and gala dinner in August at the Aga Khan Museum in Toronto. The careers of industry giants Patricia Dillon, David Elliott, William Gladstone Jewitt, Steven D. Scott, and Mary Edith Tyrrell were celebrated for their contributions to the mining industry. The event was held outdoo...Read More