Australia-based Greenland Minerals (ASX: GGG) said on Tuesday it will fight the Greenland government's draft decision to reject a mining permit for the company's Kvanefjeld rare earths project, based on a nationwide ban to uranium exploitation and exploration passed in November.The miner's vast Kvanefjeld project, one of the world's biggest, was granted preliminary approval in 2020. While focuse...Read More
We spoke with David D'Onofrio, CEO of White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W), a gold exploration Company, with a district-scale portfolio of 17,584 quartz claims across 30 properties, covering approximately 350,000 hectares, representing over 40% of the Yukon's emerging White Gold District. The Company's flagship, White Gold property, hosts the Company's Golden Saddle and Arc deposi...Read More
Gold Ore Sorting - Cariboo Gold Project November 2020, TOMRA Test Center, Wedel, Germany.Read More
Connect with Lion One Metals ?oe" Lion One Metals Social Media ??? https://liononemetals.com ...Read More
The company is looking to raise gross proceeds of up to $2 million from the placement of up to approximately 11.1 million units priced at $0.18 per unit. Eac...Read full newsRead More
Creates a company with larger scale and significant free cash flow to unlock shareholder value Substantial combined gold reserve of 3.8 Moz and resource base of 18.3 Moz Measured & Indicated and 7.7 Moz Inferred 1 Strengthened mine-building, operating and financial capacity Streamli...Read full newsRead More
Adjusted second quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) for the Denver-based firm fell 28% to US$1.1 billion from $1.6 billion a year earlier.Read More
Share this article VANCOUVER - GCM Mining Corp. [GCM-TSX, TPRFF-OTCQX] said Monday it has agreed to acquire all the outstanding shares of Aris Gold Corp. [ARIS-TSX, ALLXF-OTCQX] not already held by GCM. The resulting entity will be named Aris Gold Corp. and will be led by Ian Telfer as Chair and Neil Woodyer as CEO and director.GCM already owns 60.9 million Aris Gold shares or 44.3% of the comp...Read More
Remember back in 2018 when Elon Musk infamously described Tesla's "production hell"? Some anxious buyers waited years for their orders to be filled. Before he became everyone's favorite goofy billionaire, his company was the laughingstock of the auto industry. At least, until it wasn't. In 2021, the auto industry was circling the drain. Dealer lots were bare, rental cars were nonexistent,...Read More
It's about a two-hour flight north-northwest from the uber-developed Chilean capital of Santiago to reach the dusty airport just outside Antofagasta, a seaside city on the edge of the Atacama Desert, said to be the second driest place on earth after Antarctica. As we're driven away from the airport, we pass under a giant BHP-Escondida greeting banner. It's immediately clear we're now in big-tim...Read More
Colombia focused precious metals producers Aris Gold (TSX: ARIS) and GCM Mining (TSX: GCM) have announced an all-share merger deal that will see GCM - already a major shareholder of Aris - acquire all remaining outstanding shares. GCM currently holds nearly 61 million Aris shares, representing about 44.3% of the issued and outstanding common shares of the Vancouver-headquartered Aris. The ne...Read More
Welcome to our new weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence. This week's top result was from Burtville East, one of four prospects at Panther Metals' (ASX: PNT) 90-sq.-km Merolia gold project in Western Australia. The best hole from the first-pass six-hole, r...Read More
The equity of Copper Mountain Mining (TSX: CMMC; ASX: C6C) fell to a fresh 12-month low on Monday after the company said low grades and mill throughput resulted in a 48% year-on-year drop in second-quarter copper output from its eponymous mine in British Columbia.President and CEO Gil Clausen said in a statement the company was dealing with "a number of challenging issues" in the three months thro...Read More
Copper is a metal vital to the world's green energy transition - used in electrical wiring, appliances, computers, vehicle motors and smart phones. Demand can only grow - and market researcher Wood Mackenzie expects copper demand from passenger EVs alone to jump to around 2.9 million tonnes over the next decade from about 600,000 tonnes in 2021.The story of Vortex Metals (TSXV:VMS), started with t...Read More
Yukon-focused explorer Snowline Gold (CSE: SGD) has completed the first tranche of its previously announced private placement, issuing 7 million flow-through common shares priced at $1.40 each and 10 million units at $1.25 each, for aggregate gross proceeds of $22.3 million. Each unit comprises one common share and one-half of a common share purchase warrant, with each whole warrant exercisable fo...Read More
South32 (LSE: S32; ASX: S32; JSE: S32) is still looking to sell its 50% interest in the Eagle Downs metallurgical coal project in Queensland, Australia, where development was put on hold in January last year.The company, which owns the project along with Aquila Resources, a subsidiary of Chinese steelmaking giant China BaoWu Steel Group, said at the time the project's expected returns did not "sup...Read More