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
Chile state-owned copper miner Codelco has begun to gradually restart two of its ongoing growth projects, which were halted last week following the death of two workers this month at different mine sites.The plan contemplates tackling infrastructure projects in the Andina and Radomiro Tomic divisions first, to move in coming days to those involving underground and pit mining, the world's largest...Read More
These are exciting times for ACME Lithium (TSXV: ACME; US-OTC: ACLHF), says Steve Hanson, its founder, president, and CEO, as the company hits a key milestone in the development of its flagship Clayton Valley lithium brine project in Nevada.In June, the Canadian junior completed its first exploration drill hole on the property. Drilled to a depth of 427 metres, hole DH-1 "encountered several prosp...Read More
Nancy Pelosi is running scared.The Feds are hot on her trail.The American people are chasing her with pitchforks.They want answers.That's because the Pelosis continue to profit from the stock market using material nonpublic information.In other words, they're committing insider trading in broad daylight.But no one can do anything about it because members of Congress wrote laws to protect...Read More
We spoke with Brad Peters, President and CEO of Pacific Empire Minerals Corp. (TSXV: PEMC, OTCQB: PEMSF), a copper exploration company, with a strong portfolio of gold-enriched copper projects, close to existing infrastructure, in British Columbia. BC is a mining friendly, low risk jurisdiction, with excellent access to low cost, low carbon, hydroelectric power and skilled labor. The projects are...Read More
hey guysss!! you can click here to join Uranium Insider ??? https://www.uraniuminsider.com/a/41334/iz2Yg3zn In this video, Justin ...Read More
What is Waya Collective? Antonia Lorenz, CEO & Co-Founder of Waya Collective, provides a company overview and their ...Read More
First Majestic 10oz Silver Coin Contest Instructions: 1. Correctly guess the closing Kitco spot silver price (to the penny) on August ...Read More
"Suggestions about potential use of EVRAZ's steel, vanadium and other products for military purposes indicate not only the misunderstanding of steel industry's base principles, but the lack of knowledge about EVRAZ's product range as well," the company said.EVRAZ's listing on the London Stock Exchange was suspended on 10 March pending forthcoming sanctions on the company related to Russia's 2022 i...Read More
Share this articleVANCOUVER - Jourdan Resources Inc. [JOR-TSXV, JORF-OTCQB-2JR1-FRA], a company that is aiming to become the next lithium producer in Quebec, said it is increasing the size of a recently announced private placement financing, which is now expected to generate proceeds of $2.4 million.In a press release on June 29, 2022, the company said it planned to complete a non-brokered priva...Read More
Few investors are gifted with foresight. If everyone knew what the future foretold, investing would be a much different game than it is today. Unfortunately, most of the investment herd today is reactionary and waits until the shit has actually hit the fan before acting. I'm not telling you anything new, dear reader, because it happens all the time around us. Just ask yourself how many investor...Read More
Ford Motor Company (NYSE: F) announced plans to accelerate its EV production that are underpinned by several high-profile agreements with lithium and nickel miners to supply raw materials for the vehicles' batteries. The U.S-based automaker said in a news release that it has secured "100% of the battery supplies" it needs to produce 600,000 EVs per year by the end of 2023, and with the help of...Read More
Workers at Glencore's Raglan nickel mine in Nunavik rejected the company's latest offer this week, as a labour dispute that has halted most of the mine's operations enters its third month. Glencore said in a release that its latest proposal offered most of the unionized employees a compensation of about $130,000 to $190,000 annually, twice the average pay of workers in Quebec. But union work...Read More
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has released new infill and exploration drilling results that further demonstrate the size and quality of the mineralization at its La Colorada Skarn project. This large polymetallic deposit was first discovered in 2018 through brownfield exploration near the company's La Colorada mine in Zacatecas, Mexico.The new results comprise 22 holes totalling 18...Read More
Anglo American (LSE: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company's US$40-million operational continuity project for its El Soldado copper mine, 125 km north of the capital Santiago.Despite having the backing of the country's environmental evaluation authority, which recommended the project's approval, the local regulator sc...Read More
Rare earths junior Pensana (LSE: PRE) has broken ground at its Saltend rare earth processing hub in northern England, set to be the country's first major facility of its kind in more than a decade.The project is part of the launch of the country's first critical minerals strategy, unveiled today, to weaken China's dominance on the group of 17 minerals used in electric vehicles, wind turbines, an...Read More
I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay at what the world is coming to. I understand, we are on one heck of a roller coaster ride right now. As I was thinking back over my four decades in the mining industry as a geologist and cost estimator, I realized that we have been here b...Read More
Last week, the Biden administration sent another $400 million in defense aid to Ukraine. It was the 15th such package and brought the total level of humanitarian and military aid to $7 billion since the war began in February.The package included heavy artillery, including howitzers and High Mobility Artillery Rocket Systems (HIMARS), which have been crucial to slowing Russia's progress in the eas...Read More