Gold prices are trading at a very critical junction. On the 4-hour time frame, an intra-day time frame, the price is trading between the 50 and 100-daRead full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
TORONTO, Feb 23, 2021 (GLOBE NEWSWIRE via COMTEX) -- All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 23, 2021 (GLOBE...Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") offers the following comment on a new Executive Order (EO) issued by U.S. President Joseph R. Biden on February 24, 2021, aimed at strengthening critical U.S. supply chains. The EO identifies three technology sectors as critical supply chains: advanced semiconductors, "high-capacity batteries, in...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata"), a leading global developer and provider of cellular communications solutions for enterprise customers, today announced that it has received a purchase order to equip 600 police vehicles with the UV350, the Company's flagship, purpose-built, in-vehicle, all-in-one communication device. The Company expects this o...Read More
Copper climbed to US$9,342 per tonne intraday on the London Metal Exchange, a fresh level not seen since 2011, Marex Spectron's Alastair Munro said.Gold dipped earlier but was back above US$1,800 an ounce on the spot market, to almost $1,805/oz at the time of writing.The Australian dollar is at a three year high against its US counterpart, above US79c."$AUD/USD hits fresh 3-year highs as global ma...Read More
Franco-Nevada (TSX:FNV)(NYSE:FNV) is a leading gold-focused royalty and streaming company. The company has a large, diversified portfolio of royalties and streams by commodity, geography, revenue type, and stage of project. The portfolio is actively managed to maintain a focus on precious metals, such as gold, silver, and platinum group metals. Franco-Nevada has several revenue sources and managem...Read More
Revenue surged 4% quarter-on-quarter to $1.5 billion, attributed to a doubling of sales of flotation concentrate to 141,000 ounces. Full year EBITDA surged 38% to $3.6 billion year-on-year.Read More
The LSE and JSE-listed player posted underlying EBITDA for the second half of the year of US$6.4 billion, up 92% versus the first half and 6.8% ahead of consensus forecasts.Read More
Share this articleTORONTO - Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE: 3S3) announced the increase in its land position at its Lingman Lake Project within the prolific Red Lake geologic district in Northwestern Ontario.The previously held claims, excluding the 18 held patented claims, of 604 has been increased to 1,066 claims. When added to the 4 full patent claims and 14 mineral righ...Read More
Texas Gov. Greg Abbott said in a statement:The state of Texas will continue to investigate [the Electric Reliability Council of Texas] and uncover the full picture of what went wrong.Well, I can save the state a lot of time and money on that investigation.It doesn't take a rocket scientist to know that the state's grid failed because it wasn't properly prepared for the kind of winter storm it got....Read More
In the future, mining companies will need to develop new business models that account for the increasing re-use and recycling of metals and minerals as the world moves towards a "circular economy."That was the key takeaway from a panel discussion on the circular economy at this week's Global Mining Symposium. Moderated by Anthony Vaccaro, group publisher at The Northern Miner, the panel included A...Read More
Lucara Diamond Corp. (TSX:LUC) anticipates incurring debt of between US$150 million and US$200 million towards the US$514-million underground expansion of the Karowe diamond mine in Botswana. The Vancouver company has already initiated discussions with potential lenders, and hopes to secure funding in the second half of this year. The balance of the project will be funded by cash flow from current...Read More
The resource expansion drill program completed at the Brucejack mine has returned high grade gold for Pretium Resources (TSX:PVG; NYSE:PVG). This is the first expansion drilling project since the mine began production in 2017.High grades were drilled in three new areas of the North Bock zone, including four assays above 1,000 grams gold per tonne. The results include intercepts up to 300 meters fr...Read More
Wolfden Resources (TSXV:WLF) has begun a 2,300-metre, six-to-eight hole diamond drilling program at its 100%-owned Rice Island nickel-copper-cobalt-platinum group deposit near Snow Lake, Man. The work is being done with the support of a $230,000 grant from the Manitoba government's Mineral Development Fund.The Rice Island sulphide deposit is comprised of a 'keel' of higher grade mineralization tha...Read More
Sabina Gold & Silver (TSX: SBB) has released an updated feasibility study on a combined open pit and underground development at the Goose property within its Back River gold project in Nunavut, 520 km northeast of Yellowknife. The engineering study proposes a 15-year operation, starting up at an initial processing rate of 3,000 tonnes per day and expanding to 4,000 tonnes per day by the end of yea...Read More
The single largest use of rare earths is in the manufacture of permanent magnets used in wind turbines, the drive train of hybrid and electric vehicles, and energy-efficient applications, and currently accounts for 29% of total global demand for REEs, says David Merriman, an expert on rare earths at Roskill."As we transition to a low-carbon global economy, the demand for permanent magnets will onl...Read More
The US Department of Energy's Lithium-Ion Battery Recycling Prize granted Everledger, HP, Call2Recycle and Fairphone a $357,000 cash award so that the group can continue working on a project called "Closing the loop on portable lithium-ion batteries." The initiative aims to help the DoE capture 90% of all discarded or spent lithium-based batteries in the United States for the eventual recovery...Read More
Sweden scored 74 out of 100 in the most recent IRI analysis published in October last year as part of the Mining Journal World Risk Report (feat. MineHutte ratings). This gave the country an A rating and placed it 10th among a universe of 111 jurisdictions covered. However, Sweden's mineral output and broader foreign direct investment into mining lagged prolific mineral producers, some of whi...Read More