"In response to the surge in energy prices, Nyrstar will curtail production further at its three European smelters, reducing production by up to 50% from today," the company, whose operating business is majority owned by commodities trader Trafigura, said.Spot zinc gained almost 5% and zinc for three-month delivery rose 4.24% to US$3,401.50 per tonne on the London Metal Exchange.Gold returned towa...Read More
This would make Ayawilca the largest primary zinc producer in South America and a top-10 global zinc producer.Read More
Share this article VANCOUVER - Constantine Metal Resources Ltd. [CEM-TSXV; CNSNF-OTCQX] provided a summary of the summer field activities and available assay results from its 2021 drill program at the Palmer joint venture project, Alaska. Palmer is a joint venture between Constantine (about 46.6%) and Dowa Metals & Mining Co. Ltd. (about 53.4%) with Constantine as operator.Two diamond drill rigs...Read More
It's been a tough month for investors.Overall, the market has been an absolute roller coaster.One week we're at record highs, and the next we're in free fall.For instance, take a look at the past 30 days on the Dow Jones...While this kind of action is good for day traders and hedge funds, for regular investors just looking for steady gains, this has not been a good month.Of course, Rule No. 1 of i...Read More
Australia's South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for US$1.55 billion in cash plus a contingent price-linked consideration of up to US$500 million over the 2022 through 2025 fiscal years. Japan's Sumitomo Metal Mining and Sumitomo Corp, which together hold a 45% stake, had said...Read More
The Canadian Mining Hall of Fame welcomed five exceptional individuals during its thirty-third annual induction ceremony and gala dinner in August at the Aga Khan Museum in Toronto. The careers of industry giants Patricia Dillon, David Elliott, William Gladstone Jewitt, Steven D. Scott, and Mary Edith Tyrrell were celebrated for their contributions to the mining industry. The event was held outdoo...Read More
Foran Mining (TSXV: FOM) has updated the indicated resource at its 100%-owned McIlvenna Bay copper-zinc project in east-central Saskatchewan, reporting a 70% increase in indicated tonnage. Foran is working towards completing a feasibility study for the project before the end of the year.McIlvenna Bay sits just 65 km from Flin Flon, Manitoba and is part of the Flin Flon Greenstone Belt, which ext...Read More
Australian lithium developer Lake Resources (US-OTC: LLKKF; ASX: LKW) is forming a partnership with California-based Lilac Solutions for technology and funding to develop its flagship Kachi lithium brine project in Argentina.The partnership comes after extensive test-work, and will see Lilac Solutions provide its proprietary technology, engineering teams and an on-site demonstration plant to help...Read More
Chile will open a tender for the exploration and production of 400,000 tonnes of lithium in an effort to reclaim market share and meet growing demand for the metal used in electric vehicles and high-tech devices. The copper-producing nation, which holds the world's largest known lithium reserves, said it is preparing bidding rules available to local and foreign firms for five quotas of 8...Read More
Yesterday morning, the Biden administration came out swinging with a plan to stop the ever-worsening shipping issues in America.Too bad the plan won't do anything of the sort.For better or worse, presidents cannot really do much about the economy in the short term, and this is a prime example.Even if there is some progress, it will come with a steep cost elsewhere.Here's the situation...The big pa...Read More
By Chris Wack Sabre Gold Mines Corp. said it continues to see progress at its 100%-owned Copperstone gold mine located in Arizona, and its Brewery Creek gold...Read full newsRead More
Ruins of the former Bullfrog Jail, one of the few remnants still standing in the old mining camp of Bullfrog.Bullfrog boasted just about the best name ever for a Nevada mining camp.How it came to have that name, however, isn't as clear. Historians sRead full newsRead More
Research shows the US taking the top spot for global mining following a crackdown in China.Read full newsRead More
An up-channel chart pattern has formed in the chart of Equinox Gold Corp (EQX). If the stock breaks above its trendline resistance, a breakout is expected. Read more to learn how to profit from this trade.Read full newsRead More
TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- The latest assay results from a regional exploration program confirm the continuity and down dip extensi...Read full newsRead More
VANCOUVER, British Columbia, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) ("Sabre Gold" or the "Company") is ...Read full newsRead More
Canada's Barrick Gold Corp has discovered geological extensions at its Kibali gold mining joint venture in Democratic Republic of Congo that will prolong the life of the mine to 2040, Chief Executive Mark Bristow said in an interview.A new Central Bank governor and legislature broadly supportive of President Felix Tshisekedi should aid the release of $500 million cash left over after Kibali r...Read More
Anglo Asian Mining PLC on Wednesday reported a fall in third-quarter gold production but backed its full-year guidance. Here's what the mining company had to...Read full newsRead More
Sabre Gold Mines Corp.("Sabre Gold" or the "Company") is pleased to provide project updates for its 100-per-cent owned fully permitted Copperstone gold mine located in Arizona, United States, and Brewery Creek gold mine located in Yukon, Canada,...Read full newsRead More
Low on gold in your investment portfolio? Now is the time to buy this cheap gold stock that has multiple drivers for growth.Read full newsRead More