On Monday, November 15, all three major indexes - the Dow, the S&P 500, and the Nasdaq - looked poised to run red for the week. On Tuesday, we saw a strong reversal in the downtrend. Then we saw a reversal of the reversal on Wednesday, and here we are today - heading into the weekend with markets moving but in no particular direction, as highlighted in the 10-day "Big Three" chart.Or are they?Look...Read More
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on metals in tier one mining jurisdictions that are critical to decarbonisation and the green energy transition such as copper and nickel. Tembo has completed three investments in the fund so far: Arizona Sonoran Co...Read More
The global gold mining industry is generally caught between a rock and a hard place when it comes to the disconnect between fund managers and the business of producing sustainable metal and delivering margins. It leaves much value unrealized for owners, Barrick Gold (TSX: ABX; NYSE: GOLD) said during The Northern Miner's recent Q4 Global Mining Symposium.Speaking to Anthony Vaccaro, president of T...Read More
When Arizona Sonoran Copper Company (TSX: ASCU) puts its brownfields Cactus project into production, the mine will produce about 56 million lb. of copper cathode a year over an 18 year mine life, which adds up to about 1 billion pounds of the metal, president and CEO George Ogilvie told the Northern Miner's Q4 Global Mining Symposium on November 17.The past-producing mine, about 65 km south of Pho...Read More
Demand for rare earths is projected to increase as much as ten times between 2030 and 2040, and many countries have designated them as critical and strategic minerals, according to a panel on the rare earths market at The Northern Miner's Global Mining Symposium this week.The panellists included Mark Chalmers, president and CEO of Energy Fuels (TSX: EFR; NYSE: UUUU), a leading U.S. producer of u...Read More
If you ask Rob McEwen, chairman and chief owner of McEwen Mining (TSX: MUX; NYSE: MUX), what needs to happen for the industry to attract young people and present a career in mining as 'cool', the answer is pretty simple. "We need the public to start doing the math," McEwen said at the Northern Miner's Q4 Global Mining Symposium this week. "We have to calculate how much metal is needed to build...Read More
TheNewswire November 18th, 2021 - Opawica Explorations Inc. engagRead full newsRead More
Medallion Metals Limited (ASX:MM8, theRead full newsRead More
Share this article VANCOUVER - Kodiak Copper Corp. [KDK-TSXV] said work has been temporarily suspended at its 100%-owned MPD copper-gold porphyry project in southern British Columbia due to flooding and road closures.The company said the move follows an evacuation order for the town of Merritt as a result of flooding. Personnel has been safely demobilized and there is no risk to the project infra...Read More
We spoke with Luke Gleeson, who is Head of Corporate Development of Bellevue Gold Ltd (ASX: BGL). Bellevue Gold Ltd. has discovered an exceptionally high-grade gold system, in the world-class Goldfields mining district, of Western Australia. The Bellevue Gold Project is one of the highest-grade and fastest-growing gold projects in Australia, and the Company is advancing to gold production. We lear...Read More
He is arguably one of the most hated men in the world.It all started in 2003, when Elon Musk (along with the company's original founders) had the audacity to launch an electric car company.Pollution apologists and those who believed potential solutions to environmental problems were somehow at odds with conservative philosophy ridiculed Musk while spreading misinformation about the company's vehic...Read More
In July, Dundee Precious Metals (TSX: DPM), which held a 23.5% stake in Ecuador-focused INV Metals, acquired the remaining shares in the junior exploration company that it did not already own in an all share deal.Dundee acquired the shares for about 80 ? - a 63% premium to INV Metals' closing price on the Toronto Stock Exchange on May 28. Iamgold (TSX: IMG; NYSE: IAG), INV's largest shareholder at...Read More
Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal.Makosa contains 15.3 million inferred tonnes grading 1.5 grams gold per tonne for 730,000 oz. of contained gold. The estimate was based on 35,728 metres of drilling. The Makosa resource encompasses the Makosa, Makosa North and Makos...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering.The smelter will be the most extensive of its kind in Africa and one of the largest single-line flash smelters in the world.The US$700 million project is expected to speed along Ivanhoe's ambition to produce environm...Read More
The dawn of a new commodity boom is on the horizon. Base metal prices are rallying and miners are on a global quest for metals to fuel the shift into the green energy and electric vehicle era. Meanwhile, industry discourse surrounds the recognition that for full electrification the world is going to need to mine a lot more - and a lot smarter.A new Edumine course: 'What is Mining' answers the ques...Read More
The diamond sector may be a volatile industry, as its dramatic ups and downs during the pandemic have demonstrated. But readers have remained interested in diamond news this year - especially when it involves large gem diamonds. We've compiled a list of the Top 10 diamond stories from The Northern Miner's sister website MINING.COM for 2021. Note: The top four items are among the site's top 100 mos...Read More
Cal Everett, President and CEO, presents Liberty Gold at the Precious Metals Summit, Zurich - November 16, 2021. We are ...Read More
Canada's annual inflation rate accelerated again in October, matching a February 2003 high, led by sharp rises in gasoline and housing prices, data showed on Wednesday, with analysts expecting more heat ahead.Read full newsRead More
Sarama Resources Ltd. (Read full newsRead More
TORONTO, Nov.17, 2021(GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX.Read full newsRead More