The statistic followed the re-analysis of samples from an additional eight historic drill holes from the company's wholly owned project.Highlights from those eight holes included:16 metres grading 5.78g/t Pd, 2.78g/t Pt, 0.35g/t Rh, 0.47g/t, and 9.39g/t PGM+Au; including 9 metres grading 8.94g/t Pd, 4.28g/t Pt, 0.47g/t Rh, 0.79g/t Au, and 14.48g/t PGM+Au41 metres grading 0.98g/t Pd, 0.45g/t Pt, 0....Read More
This is a big one. It's incredibly rare to see this level of market dominance within such a massive industry. And by monopoly, I really do mean monopoly. One single company is responsible for building the absurdly complicated machines that manufacture the newest generation of computer chips. That's it - just one company serving arguably the most important market on the planet. And for now, only...Read More
Share this article VANCOUVER - Max Resource Corp.'s [MAX-TSXV; MXROF-OTC; M1D2-FSE] ground-based IP (induced polarization) and TMI anomalies at the Cesar project, Colombia, correlated well with surface geochemical targets and successfully defined new drill targets at URU Central (URU-C and URU-CE). Mobilization of the drill rig is fully under way and continuous channel sampling at URU-CE returned...Read More
Arizona Sonoran Copper (TSX: ASCU) has published a maiden resource estimate for Arizona's Parks-Salyer (P/S) porphyry copper deposit, immediately southwest of the flagship Cactus project.The P/S resource is on contiguous private land and includes oxide, enriched and stockpile material considered amenable to a heap leaching operation. The inferred resource now stands at 143.6 million tonnes grading...Read More
Global mining and metals executives view ESG, geopolitics and climate change as the top three risks facing their business over the next 12 months, according to this year's ranking of the Top 10 business risks and opportunities for mining and metals in 2023 by EY."We've witnessed huge upheaval and change over the last year, namely due to the war in Ukraine, climate events, new governments in minin...Read More
Copper Mountain Mining (TSX: CMMC) has announced updated mineral resource and reserve estimates for its 75%-owned copper mine located in southern B.C. Based on the new reserves, the company has also released a revised life of mine plan that supports a mill expansion to 65,000 tonnes per day from 45,000 tonnes.The latest update sees the Copper Mountain mine grow its measured and indicated resources...Read More
Lion One Metals (TSXV: LIO; US-OTC: LOMLF) has closed its previously announced bought deal financing to raise gross proceeds of approximately $13.4 million. A total of 17.4 million units priced at 77 ? were offered, including 1.1 million units issued to Eight Capital and Canaccord Genuity as partial exercise of their over-allotment options.Each unit consists of one common share of Lion One and one...Read More
Vancouver-based Foran Mining's (TSXV: FOM) executive chairman and CEO Dan Myerson doesn't want to build just one mine. He has designs on creating Canada's next copper mining camp in the Prairies.Foran has had a busy year as it advances the McIlvenna Bay copper-zinc-gold project in Saskatchewan, which it says will be the world's first zero-carbon operation. It released a positive feasibility study...Read More
By now you probably already know the story behind WD-40.If not, the short of it is WD-40 was originally developed in the 1950s to lubricate and prevent corrosion of machine parts on naval ships.Later it was used as a de-icer for intercontinental ballistic missiles (ICBMs) and a million other things. The name "WD-40" stands for "Water Displacement, 40th formula."But what you might be surprised to l...Read More
Gold has always occupied a more prestigious place in our imagination and attracted a far-higher price than silver, so widely seen as a runner-up that it symbolizes second place. (You may have heard silver referred to as "poor man's gold"; when was the last time you heard gold described as "rich man's silver"?)Gold (and silver) still prestigious in our imaginations Echelon Capital Markets analyst G...Read More
Blencowe executive chairman Cameron Pearce noted the entry to the DFS stage comes two-and-a-half years after the project acquisition."Graphite demand is growing fast as forecast and as the market becomes increasingly more aware that there are very few new graphite mines scheduled to commence production in the near term this demand-pull will potentially drive further price rises ahead, particularly...Read More
Share this article TORONTO - Osisko Mining Inc. [OSK-TSX] has released new exploration results from its 100%-owned Windfall gold project in Eeyou Istchee James Bay, Quebec.The company said drill hole OSK-22-1109-W2 targeted the projected down plunge extension of Lynx 4 high grade zone at a vertical depth from surface of 1,670 metres. The hole successfully intercepted significant widths of high-gr...Read More
Africa has long struggled with food insecurity, and those struggles have been exacerbated by soaring fertilizer prices coupled with more consistent extreme weather conditions as a result of climate change - two issues that are unlikely to let up anytime soon.Fortunately, new innovations in food technology could provide a respite to Africa's food insecurity dilemmas, and investors are betting big t...Read More
The market is wrong about oil. As I write, the price of a barrel of West Texas Intermediate crude fell to $77, down from $120 in June. Brent crude sells for $84 a barrel, down from $127 in March. And natural gas in Louisiana trades for $6.75 per MMBtu, down from $9.68 per MMBtu in August.These prices are all down due to global fears of demand destruction coupled with the draining of the Strategic...Read More
When Equinox Partners Investment Management adopted a strict voting policy against industry directors who have served for two or more years but have invested less than two years of director's fees into the underlying equity, it took a stand for shareholder value rarely seen in the junior space.The New York-based hedge fund, with over $700 million in total assets under management with more than hal...Read More
With lithium prices at a record high - around US$71,000 a tonne for lithium carbonate - and demand for green technology surging, a cadre of exploration and development companies is looking to Manitoba as a source for the essential battery metal - and governments are signalling their approval. Snow Lake Lithium (NASDAQ: LITM), which is drilling and expanding historical spodumene pegmatite deposits...Read More
Mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) says it's investing US$55 million to start underground mining and expand production at its Kennecott copper operations, the world's largest open pit mine, near Salt Lake City, Utah. The move will add 30,000 tonnes of copper production from early 2023 to 2027, alongside the site's open pit operations, the company said in a news release. The op...Read More
International Battery Metals (CSE: IBAT; OTC: IBATF), which is looking to commercialize a first-of-its-kind modular, mobile lithium extraction plant, has made a further step towards its sustainable lithium extraction goals.An independent review by SLR International, a global leader in environmental and engineering services, has verified that the company's patented technology extracts more than 65%...Read More
This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the precious metals market, central bank gold buying and investor demand. He also discusses the latest rumours about a BRIC currency, the Moscow Gold Exchange and outflows of the metal from west to east.All this and more with host Adrian Pocobelli. This week's CEO Spotlight fe...Read More
Wyloo Metals, which earlier in the year acquired Noront Resources and its mining assets located in Ontario's emerging metals camp known as the Ring of Fire, has chosen Ring of Fire Metals as the new name for its Canada-based business as exploration activities begin in the area."The name and branding was chosen to reflect the unique culture of the organization, while also paying homage to its Canad...Read More