The 2022 update from the 2019 FS shows very good numbers including after-tax NPV5% of $622 million and after-tax IRR of 24% ...Read More
The Gazania prospect is located offshore South Africa on Block 2B within the prolific Orange Basin. Watch Africa Energy's (TSXV: ...Read More
In this BONUS educational feature, Mako Mining's Senior Geologist Gessner Grillo, walks us through the processes that happen at ...Read More
The program will address "vulnerabilities" in the domestic critical materials supply chain, which are both an economic disadvantage and an impediment to the clean energy transition, the departmentRead More
Share this articleTORONTO - Centerra Gold Inc. [CG-TSX, CAGDF-OTC] on Wednesday reported a second quarter net loss of US$2.6 million ($0.01 per share) and sharply reduced gold production guidance for 2022.As a result of the suspension of certain activities at the Oksut Mine (Turkey) together with the continuing impact of declining copper prices at the Mount Milligan mine (British Columbia), the co...Read More
Last Thursday, in a stunning moment of bipartisan cooperation, the highly anticipated CHIPS and Science Act cleared the Senate with a vote of 64-33. America's struggling semiconductor industry has finally been granted some much-needed breathing room. Executives from chipmaking giants like Taiwan Semiconductor Manufacturing (TSMC) and Intel could hardly contain their childlike excitement as the de...Read More
Pure Gold Mining (TSXV: PGM) has released an updated mineral resource estimate for its namesake operation in Ontario's Red Lake gold camp, reporting 20% fewer ounces in the resource categories.A new technical report completed by SRK sees the mine's global resource base falling to 2 million oz. from 2.5 million oz. and the average grade reduced to 7.2 grams gold per tonne from 8.7 grams per tonne.T...Read More
St Barbara (ASX: SBM) has released its fiscal 2023 guidance after receiving approval of a tailings raise for its Touquoy gold mine in Nova Scotia. The Australian miner's consolidated gold production is now expected to total between 280,000 and 315,000 oz. at an all-in sustaining cost (AISC) of US$2,050 to US$2,150 per oz.The company's guidance was previously in question as it awaited provincial go...Read More
K92 Mining (TSX: KNT) has released a first resource for its Blue Lake gold porphyry project, only 4 km southwest of its Kainantu mine in Papua New Guinea. Inferred resources total 10.8 million oz. of gold equivalent at 0.61 gram gold equivalent per tonne, based on 549 million tonnes averaging 0.21 gram gold per tonne, 0.23% copper and 2.42 grams silver. The estimate used a 0.4 gram gold equival...Read More
Lundin Gold (TSX: LUG) has raised its production guidance and decreased its cost estimates for 2022, based on strong results in the first half of the year.The Vancouver-based miner now expects to produce between 430,000 and 460,000 ounces of gold, from a previous guidance of 405,000 to 445,000 ounces.All-in sustaining costs (AISC) are forecast to be in the US$820 to US$930 per oz. range, down from...Read More
Precious metals producer Hochschild Mining (LSE: HOC) has been granted a key permit that allows it to build a processing plan and kick off mine pre-stripping at the Mara Rosa gold project in Brazil's central state of Go?-as.The environmental licence also means that the Latin America-focused miner can begin construction of all the required site infrastructure.Chief executive officer Ignacio Bustama...Read More
Iain Fleming Downie, of Thunder Bay, Ont., passed away peacefully with his wife Anne and children Malcolm, Ewan and Andrea by his side on Aug. 5 at the age of 83. Iain was born in Scotland and attended the University of Toronto where he graduated as a PEng geologist. He had a successful career in mineral exploration across North America: a pioneer of diamond exploration in Canada, a recipient...Read More
Democrats are trying to frame the passing of the Inflation Reduction Act as a win. And for liberals, the bill is a political win. But this legislation will do almost nothing to reduce elevated consumer prices in the near or long term.The Inflation Reduction Act is 775 pages long. Yet there isn't a single sentence in the entire bill that directly addresses reducing consumer prices. In fact, the onl...Read More
Find out what is in store for gold in 2022!The Investing News Network (INN) spoke with analysts, market watchers and insiders about which trends willimpact gold in the year ahead.?oe"Trends?EUR??EUR??EUR??EUR??EUR??EUR??EUR? ?oe" Forecasts?EUR??EUR??EUR??EUR??EUR??EUR??oe" Top Stocks...Read full newsRead More
First Drill Program After ASX Listing Extends High-Grade Gold Mineralisation in Oxide Material Sarama Resources Ltd. (Read full newsRead More
It'll now go through a 180-day comment period.Read More
We spoke with Marc Henderson, who is President, CEO and Director of Laramide Resources Ltd. (TSX: LAM, ASX: LAM), a Canadian-based Company, with diversified uranium assets, strategically positioned, in the United States and Australia, to deliver uranium, to an increasingly energy dependent world. Laramide's portfolio, of advanced uranium projects, has been chosen for their production potential. It...Read More
Peter Zeihan, widely considered an expert in geopolitics and demographics, recently wrote a bestselling book called The End of the World Is Just the Beginning. In this book, he weaves these two forces into a tale of aging, deglobalization, and hardship.Post-Cold WarThe past 77 years since the end of World War II has been a golden era created by the United States. The country built a grand coalitio...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has released an updated resource estimate for the Twin Hills gold discovery in Namibia, which could add more ounces to the company's impending prefeasibility study expected out by September.The new resource (at a 0.5 grams gold per tonne cut-off) holds 2.75 million troy oz. in the measured and indicated categories grading 1.13 grams per tonne in 6.7 milli...Read More
Calgary-based E3 Lithium (TSXV: ETL; US-OTC: EEMMF) recently announced the successful manufacture of a small batch of sorbent, a critical chemical component of its plan to produce battery-grade lithium products at its Clearwater project from brines in the historic Leduc Formation in Alberta.The company, which has developed direct lithium extraction technology as capable of generating more than 90%...Read More