Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least US$500 million.Canada's largest diversified miner now expects QB2 to cost between US$7.4 billion and US$7.75 billion, up from a July 2022 guidance of US$6.9 billion to US$7 billion, and an earlier estimate of US$4.7 billion...Read More
At the recent Indigenous Led Projects Forum in Toronto in late September - the first event of its kind - co-host Michael Fox shared some of the big changes that he's seen in Canada's Indigenous communities over his lifetime.The 54-year-old said it wasn't until the 1980s that an Indigenous family member owned a car - - - a symbol of success. Later, the high water mark was the first Indigenous perso...Read More
Osisko Mining (TSX: OSK) continues to explore at its Windfall gold project in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que., between the towns of Abitibi and Chibougamau.Recently it mined a 4,809-tonne bulk sample from the 600 level of the Lynx deposit. The sample averaged 65.5 grams gold per tonne. The actual grade of the material processed was 169% higher than the block model predi...Read More
A few weeks ago Elon Musk took me - and really, all of us - by surprise when he tried to broker an end to the Russian invasion of Ukraine on Twitter.Because sensitive geopolitical matters are best solved by crowdsourcing on social media platforms, Musk tweeted:Now, there's a lot to unpack here, but one thing that really stood out to me was the parenthetical "(until Khrushchev's mistake)."That is...Read More
(TheNewswire) TSXV:NRG ) (OTC :NRGOF ) ( Frankfurt:X6C) Newrange Gold Corp. (Read full newsRead More
Compares the sizes of the largest global precious and base metals markets.Read More
A lot of politicians will claim it's about environmentalism...But really it's not.Don't get me wrong. I'm all for integrating cleaner electricity generation options into our grid, but the catalyst for the global transition away from fossil fuels has very little to do with the environment.And yes, it is actually happening. According to 2021 data analysis from Bloomberg, either wind or solar photov...Read More
We spoke with Colin Moorhead, who's Executive Chairman and Managing Director of Xanadu Mines (ASX: XAM, TSX: XAM), a company that discovers, defines, and develops globally significant porphyry copper-gold deposits, in Mongolia. The Company owns a multi-stage portfolio of projects, with the flagship Kharmagtai copper-gold project, located in Omnogovi Province, approximately 420km southeast of Ulaan...Read More
Canadian uranium major Cameco (TSX: CCO; NYSE: CCJ) has narrowed its September-quarter loss, citing building momentum in long-term contracting by power utilities amid concern about global energy security and the rising acceptance of nuclear power to reduce carbon emissions.Cameco's CEO, Tim Gitzel, told a post-earnings release analyst call it had advanced contracting discussions for about 27 milli...Read More
Core Lithium (ASX: CXO) shares fell on Thursday after the miner and Tesla couldn't secure a supply deal for battery-metal ore, but the power may reside with the producer over the automaker. The companies were trying to hammer out a four-year contract for Core to deliver about 100,000 tonnes of spodumene concentrate from its Finniss mine near Darwin on Australia's north coast. The negotiation dead...Read More
Commerce Resources (TSXV: CCE ; US-OTC: CMRZF) has produced its largest rare earth oxides sample yet from its Ashram project in northern Quebec as it develops what it calls the biggest deposit in North America for building electric vehicle magnets.Ashram, located about 1,300 km north of Montreal, produced 1.2 kg of mixed rare earth carbonate concentrate graded at about 52% total rare earth oxides...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has been granted three new highly prospective exploration rights covering a total surface area of 80 sq. km adjacent to the company's Platreef project in Limpopo province, South Africa.The new exploration rights form a continuous block situated on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop, which together...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has outlined the first resource estimate for its Ondundu gold project in Namibia, about 130 km from its flagship Twin Hills project and 270 km northwest of the city of Windhoek.The 10,387 hectare and 100%-owned project, which it acquired from B2Gold (TSX: BTO; NYSE-AM: BTG) in July 2021, is situated in the northern zone of the Damara Orogen, about 15 km n...Read More
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada's largest diversified miner, is exiting the oilsands business with the sale of its 21.3% stake in the Fort Hills project to Suncor Energy (TSX: SU; NYSE: SU) for $1 billion (about US$737.2 million).The all-cash deal, effective Nov. 1, will boost Suncor's aggregate share in the oilsands operation to more than 75%. French energy major TotalE...Read More
A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage.In a paper published in the journal Nature Sustainability, the scientists explain that approximately 183 square kilometres of forest would be lost to new mines while an additional 7,626 square kilometres of forest would be lost as a conse...Read More
Another heck of a month behind us, and looking back, one thing in particular stands out: the crazy supply and demand situation in ...Read More
On October 24th, our leadership hosted the second installment in #STGO's monthly shareholder series! Our CEO, EVP & CFO ...Read More
This quarter's advisory board we want to welcome our special guest, Alexander Stahel, well known for his knowledge of European ...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESEmpress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) (Read full newsRead More