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China's massive steel sector is being roiled by an energy supply crunch, a downturn in the property market and tighter environmental controls, impacting the short-term outlook for steelmaking ingredients iron ore and coking coal."We believe the impact will be negative in the case of iron ore, copper, nickel and, to a lesser extent, zinc, as China is a large net importer of these commodities," Jeff...Read More
The group had been stuck underground since Sunday after the main shaft exit was damaged.The staged rescue saw the miners led out via a 1.2km-long series of ladderways, with the last emerging at 4.45am local time on Wednesday according to the United Steelworkers Union Local 6500, ending a three-day ordeal."We are immensely grateful for the tireless work of the rescue crews who helped bring everyone...Read More
The company, which is headed up by Perth-based resource veterans Ian Middlemas and John Welborn, is moving six months after the Congo-Brazzaville government signed mining conventions with China-backedRead More
Share this article VANCOUVER - Tocvan Ventures Corp. [TOC-CSE; TV3-FSE] signed an agreement to acquire a 100% interest in the Rogers Creek property, about 90 km northeast of Vancouver, B.C, from C3 Metals Inc. [CCCM-TSXV]. Tocvan previously held an option to a acquire up to an 80% interest in the property from C3 Metals.Under the terms of the new agreement with C3 Metals, Tocvan is acquiring a 10...Read More
Share this article VANCOUVER - Karam Minerals Inc. [KMI-CSE] signed a share exchange agreement dated September 20, 2021, among the company, Hathor Exploration Ltd. and the security holders of Hathor to acquire all of the issued and outstanding securities of Hathor.Hathor is a privately-held uranium company with strategic claims in the heart of the Athabasca Basin in proximity to industry leading...Read More
We spoke with Glenn Mullan, Chairman and CEO of Golden Valley Mines and Royalties Ltd. (TSXV: GZZ, OTC QX: GLVMF), a Canadian project and royalty generator that is set to combine, with Gold Royalty Corp. (NYSE American: GROY) and Abitibi Royalties Inc. (TSXV: RZZ, OTC QX: ATBYF) to create a leading growth and Americas-focused precious metals royalty company. The combination of assets will result i...Read More
In early September of 2021, Gold Royalty Corp. (NYSE American: GROY), Abitibi Royalties Inc. (TSX-V: RZZ, OTC-Nasdaq Intl: ATBYF), and Golden Valley Mines and Royalties Ltd. (TSX-V: GZZ, OTC QX: GLVMF) announced their decision to combine, to create a leading growth and Americas-focused precious metals royalty Company. We spoke with David Garofalo, who is Chairman and CEO of Gold Royalty, and with...Read More
On April 19, 2020, you could've done something most investors only dream about.On that day, you could've invested alongside stock expert Jeff Siegel in a tiny biotech startup called MindMed.He bought in at $0.25 a share.A year later, MindMed was trading for nearly $6.Yes, you could've done the exact same thing. I'll explain how in a minute.For Jeff, it was the trade of a lifetime... a gain of 2,30...Read More
A syndicate of five international financial institutions have approved a senior secured project finance facility of up to US$346.2 million for Horizonte Minerals (TSX: HZM; LSE: HZM) to fund the development and construction of the company's Araguaia ferro-nickel project in Brazil.The syndicate of lenders is made up of BNP Paribas Securities; ING Capital LLC; Natixis, New York Branch; Societe Gener...Read More
The rapid onset of the green energy revolution could be stunted by pervasive structural issues in the finance sector spilling over to mining. It hinders capital formation, especially for junior mineral explorers, CPM Group managing partner Jeffrey Christian recently told The Northern Miner's Global Mining Symposium.Chief among the issues constraining capital formation is a lack of enthusiasm among...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says that after the first phase of concentrator construction, the facility is exceeding designed throughput rates, treating 320,000 tonnes of mineralized material in the month ending September 20. Design capacity is 315,000 tonnes per month with a head grade of 6% copper.Copper production for the month was a record 16,010 tonnes.The company says the phase on...Read More
Emerging Australian lithium producer Sayona Mining (TSX: SYA; US-OTC: SYAXF) has agreed to acquire control of the Moblan lithium project in the Eeyou-Istchee James Bay region of northern Quebec.Sayona is acquiring Lithium Royalty Corp.'s right to purchase the 60% interest in the project held by Guo Ao Lithium. Sayona will acquire that interest for US$86.5 million. SOQUEM holds the remaining 40% an...Read More
Albemarle (NYSE: ALB), the world's top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans to boost lithium conversion capacity. Tianyuan, a lithium converter founded in 2017, owns a recently constructed lithium processing plant close to the port of Qinzhou in Guangxi. The facility has a designed annual...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is challenging the findings of an independent review into US$1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project's troubles were caused by unpredictable geology issues. The Independent Consulting Group's (IGG) report concluded last month that poor management was the main reason the mine's undergr...Read More
Canada's youngest senior gold producer, B2Gold (TSX: BTO; US-OTC: BTG), expects to report robust operating and financial metrics for the second half of 2021, the company's VP for investor relations, Ian McLean, recently told The Northern Miner's Global Mining Symposium.B2Gold started the year on a solid footing, outperforming guidance. McLean recapped key consolidated figures for the first six mon...Read More
Food shortages, lines for fuel that can't be found, cold and unpowered houses, and grave rumblings of a winter without Christmas.It looks like there will be little reprieve for Britain this year.Though the root causes aren't identical, it will be painfully reminiscent of the winter of 1978 to 1979 for many.Lorry drivers were striking, wide swaths of the country were cut off from supplies by the st...Read More
Presentation by Patrick Donnelly, VP Corporate Communications & Development.Read More
A.I.S. Resources Limited provides an updated report on explorRead full newsRead More
NFL digital video collectibles are finally here. Collect iconic Moments from NFL past and present, featuring the biggest stars to ever hit the gridiron.Read full newsRead More