In case you haven't heard us sounding the alarm bells, oil has taken a nosedive these past three months. OPEC+ is reportedly planning what could be a historic production cut to stave off a catastrophic bear market. The Saudi-led cartel and its Russian-led co-producers have already been hurt by the $30 drop in crude prices since May. Rumors say the cuts could be as much as 1 million barrels per d...Read More
Emerging Australian lithium miner Sayona Mining (ASX: SYA; OTC: SYAXF) has moved closer to restarting production at its North American Lithium (NAL) project in La Corne, Que., as it awarded a four-year, $200-million contract to Quebec company L. Fournier et Fils for mining operations.Believed to be one of the largest such contracts ever signed in Quebec, it is expected to create 120 new jobs to be...Read More
Wesdome Gold Mines (TSX: WDO) says it has confirmed high gold grades as it drills volcanic rocks near the Eagle River gold mine 50 km west of Wawa, Ont. The find is notable because gold at the Eagle River mine is usually hosted in diorite rocks.Surface and underground drilling (from the 355-metre level exploration drift) defined the up-plunge of the Falcon 7 zone to within 50 metres of surface, in...Read More
The legacy Bunker Hill zinc-lead-silver mine in Shoshone County, Idaho, is set for a near-term revival with proponent Bunker Hill Mining (CSE: BNKR; US-OTC: BHLL) on track to deliver cash flow by the third quarter of 2023.The Toronto-headquartered company plans to restart operations at the mine in short order after the asset languished on care and maintenance for more than 30 years. Over nearly a...Read More
The future of environmental, social and governance (ESG) issues in the mining industry will see Indigenous communities commonly hold equity stakes in projects while companies become fully transparent about all operations, not just information to meet laws. These were just a couple of points to come out of a six-person thought-leadership panel on ESG presented by SLR Consulting at The Northern Mine...Read More
Opponents and supporters of Northern Dynasty Minerals' (TSX: NDM; NYSE: NAK) long-stalled Pebble copper-gold project in Alaska are stepping up pressure on the US Environmental Protection Agency (EPA) to make a decision on the proposed mine both groups deem fair.Alaska Natives, conservationists and commercial fishermen seem confident the EPA will announce a final ban on deposing mining waste near B...Read More
The speeder bike chase on Endor in Return of the Jedi is one of the most memorable parts of the original Star Wars trilogy.As a kid, it was a part of the movie I would rewind to watch over and over, if only to hear those speaker-ripping sounds coming out of the old wood-grain console TV that sat on the floor.I never thought that someone would eventually build one of those bikes in real life. But h...Read More
What is Shakepay doing to mitigate insolvency risk? If the company was ever to go bankrupt, what would happen to YOUR crypto ...Read More
Connect with mining industry leaders and experts at the Global Mining Symposium-an essential mining and investment event.Read full newsRead More
Eldorado has completed over 85,000 metres of exploration drilling and remains on track to complete the planned 2022 drilling program of 140,000 metres, the firm said in an update on drill results.Read More
Share this article VANCOUVER - Uranium Energy Corp. [UEC-NYSE American; U6Z-FSE] reported a new discovery of high-grade uranium at its 82.77%-owned Christie Lake Project, located in the eastern Athabasca Basin of northern Saskatchewan, Canada.Christie Lake is a growth-oriented, high-grade resource-stage project, strategically situated 9 km along strike of Cameco's McArthur River Mine and is of...Read More
Canada is a global hydrogen leader, yet there is ample potential to reduce, or even eliminate, the lightest element's carbon emissions-heavy current production methods, says Dr. Erin Bobicki, a minerals processing and microwave researcher with the University of Alberta.Bobicki is also a founding director of Aurora Hydrogen, a start-up developing technology for emission-free hydrogen production, wh...Read More
This week's episode features the Quebec Thought Leadership presentation from the Q3 Global Mining Symposium, featuring Jonathan Lafontaine, Mining Exploration Activity Monitor, Minist??re de l'??nergie et des Ressources naturelles; Christian Goulet, Pilote de syst??me, Minist??re de l'??nergie et des Ressources naturelles; James Moorhead, Resident Geologist, Minist??re de l'??nergie et des ressour...Read More
Exploits Discovery (CSE: NFLD) chief executive officer Jeff Swinoga has come from away, leaving high-crime Mexico for the warm-hearted community of Gander, Nfld. After helping raise US$400 million as chief financial officer of Torex Gold Resources' (TSX: TXG) El Limon Guajes mine in Guerrero state and stints at First Mining (TSX: FF) and consultant EY Canada, his new project is developing stakes...Read More
Educational data from the last several years reveals that young people in Canada are choosing careers other than mining. Forecasts from the industry show that demand for mining-related labour will only increase this decade. It all makes for an industry-wide dilemma and raises questions of how Canada can reach its potential, especially as the "EV revolution" gathers momentum.George Hemingway, Partn...Read More
One of the most exciting gold exploration stories in recent years has been Great Bear Resources and its Dixie gold project near Red Lake, Ont. The company was acquired by Kinross Gold (TSX: K; NYSE: KGC) in February - even before it had a chance to compile an initial resource for the high-grade, large-scale project. In September, Royal Gold (NASDAQ: RGLD) bought Great Bear Resources - a spinout o...Read More
Uranium Energy Corp. (NYSE-AM: UEC) has made a new discovery at the Christie Lake project in the eastern Athabasca Basin of northern Saskatchewan. The discovery hole encountered high-grade mineralization that averaged 7.8% eU3O8 (uranium oxide) over 9.1 metres and included a subinterval of 26.1% eU3O8 over 2.3 metres. The grades were estimated in-situ within the drill holes using calibrated dow...Read More
Centerra Gold (TSX: CG; NYSE: CGAU) has provided an updated life of mine plan for its Mount Milligan mine located in central B.C. that would extend the open pit mining and milling operation by four years to 2033. The updated plan incorporates an increased reserve base from the 2021 year-end calculations.As of Dec. 31, 2021, the Mount Milligan deposit is estimated to contain proven and probable res...Read More
Torex Gold (TSX: TXG) can begin operations at its flagship Media Luna gold project in Mexico, part of the company's Morelos property, after securing a key and final environmental permit from the country's Secretariat of Environment and Natural Resources (SEMARNAT).The Canadian miner, which is spending $19 million this year to add further resources to Media Luna, said the MIA Integral permit repre...Read More
As usual, truth and candor are the first casualties of war. We live in a post-information age. Narratives and propaganda dominate the media nowadays, obscuring what little "journalism" still exists today. Most notably, the "us versus them" mentality that has become so popular is here to stay. After all, the other side is nothing but a bunch of lying traitors. My side, on the other hand, fights w...Read More