Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry's first known sustainability-linked financing focusing exclusively on social development indicators.Anglo American will use the funding to build its so-called Sustainable Mining Plan further. The initiative aims to support community devel...Read More
Shares of EV Nickel (TSXV: EVNI) jumped more than 150% on the day after the company reported results of three drill holes from its program at the Shaw Dome project's Langmuir W4 Zone in Timmins, Ont. Highlights included 48.6 metres grading 1.31% nickel starting from 37.3 metres in hole EVMET22-01; and 33 metres grading 0.74% nickel starting from 78 metres in hole EVMET22-02. The holes were desig...Read More
My first half century on this planet was filled with the great joy, and occasional terror, of having a Scottish mother. Gladys brought to Canada an arsenal of words and phrases that explored gradations of foolishness, from "numpty" to "daft." Once, when the vice-principal sent home a letter asking my mother to explain my recent absence - I'd skipped school with friends to watch our high-school bas...Read More
E3 Lithium (TSXV: ETMC; OTC: EEMMF) has been granted a licence for the first brine production well in Alberta. The well will be drilled in the company's Clearwater project area, east of the Town of Olds, for the purpose of evaluating its lithium resource. Drilling is expected to begin before the end of this month, and is targeted for completion by mid-July.According to E3, an innovator of the dire...Read More
In recent years the uptick in the price of precious metals, particularly gold, has reinforced their reputation as a store of value and leading drivers of mining activity around the world. Here are eight companies exploring and developing precious metal projects.CLEAN AIR METALSClean Air's Thunder Bay North site in Ontario. Credit: Ethan Beardy, Clean Air MetalsCanadian explorer Clean Air Metals...Read More
When investing in any mining company, there is a specific type of high-level stock of which you should be aware. Dividend paying stocks can significantly increase your return on investment while also providing you with a source of recurring revenue. However, it's important that you understand how to...Read full newsRead More
Seahawks safety Jamal Adams meets with the Seattle media during minicamp, discussing how he's dealt with injuries, him overcoming adversity, and more.Subscri...Read full newsRead More
GCM Mining Corp. ("GCM Mining" or the "Company") (TSX: GCM, OTCQX: TPRFF) announced today that it has published its second annual ESG report entitled "2021 Sustainability Report" which is available on its website at www.gcm-mining.com.Lombardo Paredes, Chief Executive Officer of GCM Mining, commenti...Read full newsRead More
"We believe Search is well positioned to attract strategic partners and investment as we move forward with the next steps of development including completing a bankable feasibility study andRead More
The oil pump is on... again. I know, I know, it's the same old song and dance, isn't it? How long have we gone without some astronomical oil price projection?You understand my skepticism, don't you? Remember, it hasn't even been three months since Goldman Sachs raised the alarm over $200/bbl oil.What was it the firm said? Well, according to Goldman's Chief Economist Jan Hatzius, oil prices w...Read More
Graphite One (GPH: TSXV; US-OTC: GPHOF) has reported high-grade results from its 2021 drill program at the Graphite Creek project in Alaska as it looks to complete a prefeasibility study towards the end of July. Highlights from the 2,150 metres of drilling include 5.8 metres grading 35.78% graphitic carbon starting from 61.6 metres in hole 21GC0624800; and 16 metres grading 6.9% graphitic carb...Read More
Fireweed Zinc (TSXV: FWZ) has inked a binding Letter of Intent (LOI) to acquire a 100% interest in the Mactung Tungsten Project in Yukon and the Northwest Territories, the company said in a news release Tuesday.The Mactung site, which straddles the border of the two territories contains one of the largest and highest-grade tungsten deposits in the world and is among the few potential sizable sourc...Read More
Montage Gold (TSXV: MAU; OTC: MAUTF) has entered into an agreement with Barrick Gold (TSX: ABX; NYSE: ABX) and Endeavour Mining (TSX: EDV; LSE: EDV) to acquire a 100% interest in the Mankono-Siss?(C)dougou joint venture project in C??te d'Ivoire.The JV project consists of three properties - Siss?(C)dougou, Gbongogo and Siss?(C)pl?(C) - that lie within the perimeter of the company's Kon?(C) gold pr...Read More
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting.Alrosa reported a net profit of 91.32 billion rubles ($1.89 billion) in 2021, nearly triple the 32.25 billion rubles ($662.87 million) profit in 2020. Dividends for the first half of 2021 amounted to 64.7 billion rubles ($1.3 billion), topping 70...Read More
Amid the frenzied analyses of supply, demand and spiking prices for green metals and critical minerals, another metal may be preparing to steal the spotlight: gold. While the price of gold spiked earlier this year to US$2,068 per oz. (just shy of its August 2020 all-time high) on Russia's invasion of Ukraine, it hasn't stayed at those elevated levels. At press time, the yellow metal was at a rela...Read More
Canada's Hudbay Minerals (TSX: HBM; NYSE: HBM) unveiled Wednesday a preliminary economic assessment (PEA) for its Copper World Complex in Arizona, which includes recently discovered deposits at the property as well as the Rosemont asset.The document comes only two weeks after a U.S. court cleared the path for the company to proceed with its planned Copper World mine.Hudbay's other major copper...Read More
Savannah Resources (AIM: SAV), the company building western Europe's largest lithium mine, said on Wednesday it sympathized with shareholders' frustration regarding the time Portugal has taken to review its application, but noted it was a political process beyond the company's control.Chairman Matthew King said the company expected to make further progress at the Mina do Barroso project this year,...Read More
Share this articleVANCOUVER - Uranium stocks surged Tuesday, on the news, reported by Bloomberg, that the Biden Administration is seeking $4.3 billion in funds to purchase enriched uranium, a move aimed at spurring the development of the US uranium industry.The US has long been largely dependent on Russian uranium imports to meet demand for the nuclear reactor fuel. The proposed plan, which would...Read More
Imagine living in a world where, at any moment, and without much warning, you and everyone around you could die in a nuclear armageddon - an instant flash of blinding white silence, then darkness forever.For Americans over 60 years old, that world was once a reality during the Cold War. And that nuclear armageddon never came closer than it did in the Cuban Missile Crisis of 1962.That Time the Worl...Read More
The video provides an overview of Prime Mining, a TSXV-listed gold and silver explorer focussed on Mexico, in the context of the ...Read More