Gold rose 1.7% to US$1,793 per ounce, silver 2.35% to $$23.11/oz while copper jumped more than 4% to $4.Read More
Share this article VANCOUVER - Iconic Minerals Ltd. [ICM-TSXV; BVTEF-OTC; YQGA-FSE] released a preliminary economic assessment report (PEA) for the 100%-optioned Bonnie Claire project located 48 km (30 miles) north of Beatty, Nevada.The report was prepared by Global Resource Engineering Ltd. (GRE) of Denver, Colorado. Using the updated NI 43-101 resource report released September 1 by the company...Read More
"This is a disgrace. Just look at what I have to pay today."That's the sentiment I was met with as I patiently filled up my tank this morning. The guy filling up his puke-green Grand Cherokee Trackhawk next to me was feeling the pain as each drop of gasoline poured into his tank.Normally, I would sympathize with the guy. When you buy a car that gets 13 miles to the gallon, however, sometimes you...Read More
Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF), which owns the producing zinc-lead-copper Zimapan mine in Mexico's Hidalgo state, is acquiring a portfolio of silver assets in Bolivia from Glencore (NYSE: GLEN).The assets include Glencore's 45% stake in the producing Bolivar and Porco mining operations in its joint-venture with Bolivian state-owned miner COMIBOL (55%); a 100% stake in the Sinch...Read More
South32 (LSE: S32; ASX: S32) is the main contender to acquire a 45% interest in the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH). The Perth-based mining company could pay as much as US$2 billion for the minority stake, people with knowledge of the sale process told the Financial Times, adding there was no certainty a deal would be reached. S...Read More
Canada is rich with resources needed to fuel the electrification of modern society, and Canadian companies are rich with ideas for finding lithium, nickel, copper, cobalt, and PGMs wherever they are around the world.AMERICAN MANGANESEA coin cell rechargeable NMC battery using recycled lithium, nickel, manganese, and cobalt from American Manganese's patent pending lithium-ion battery cathode materi...Read More
World Copper (TSXV: WCU; US-OTC: WCUFF) is making headway on developing compelling low-cost, oxide-resource-based copper projects in Chile and the United States, CEO Nolan Peterson told The Northern Miner in a recent interview.A relative newcomer to the copper exploration and development sector, it has already outlined an alternative economic development case for the Escalones project in Chile, an...Read More
Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia's Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the metal needed to produce the batteries that power its electric vehicles.Prony, which bought the loss-making nickel and cobalt operations in the French territory from Vale (NYSE: VALE) earlier this year, said it's targeting production of 4...Read More
So you're interested in investing in precious metals.But you think gold might be a little too pricey.Well, you're not alone.One of the first questions new gold investors have is "What about silver?"And that makes good sense. Silver is more volatile and leveraged for higher investment gains than gold - and who isn't interested in bigger gains?Right now, gold is trading on the COMEX for about $1,750...Read More
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Environmental activists tried to stop the expansion of a large coal mine by staging sit-in protests. They argue that Germany cannot meet its climate goals unless it stops extracting and burning coal sooner than planned.Read full newsRead More
Russian energy giant Gazprom has started using its inventories to pump more natural gas into the pipeline network to stabilise surging prices, a Russian official said on Tuesday.Gazprom has in fact started pumping out from its reserves into the pipelines to stabilise the market,Read full newsRead More
Supply pressure has pushed the aluminium price to its highest point since 2008, with the spot price up 3.27% to US$3,044.50 per tonne.Marex's Al Munro on the LME desk referred to a report that Europe's aluminium production might come to a complete stop by year-end as current magnesium inventories - where China is the main supplier - are only expected to last to the end of November.China's power wo...Read More
Fission Uranium Corp (TSX: FCU) - which has the Patterson Lake South uranium project in Saskatchewan - led gains as it closed up 30.8%.The uranium spot price rose more than 2% to $39.70/lb, having neared a nine-year high around $50/lb last month.The Sprott Physical Uranium Trust has continued its buying spree, saying last week its holdings exceeded 30 million pounds.Its shares (TSX: U.U) rose 6.8%...Read More
After a tricky start to the year, higher than expected ore mined coupled with higher rougher feed grades in the PGM circuit saw PGM production rise 12.Read More
Share this article VANCOUVER - Standard Lithium Ltd. [SLI-TSXV, NYSE, S5L-FRA] has released positive results of preliminary economic assessment (PEA) as well as an updated inferred mineral resource for its Southwest Arkansas lithium project, also known as the Lanxess Project.Standard Lithium shares advanced on the news, rising 7.5% or 73 cents to $10.43 on volume of 444,910. The shares currently...Read More
We spoke with John Darch, who is Chairman and Director, and Ken MacLeod, who is President and CEO, of Sonoro Gold Corp. (TSXV: SGO, OTCQB: SMOFF, FRA: 23SP). Sonoro Gold is a junior gold explorer, making the transition to gold producer, with properties in the mining-friendly jurisdiction of Sonora, Mexico. On September 15, 2021, Sonoro Gold announced positive PEA results and a new mineral resource...Read More
"Let all men know how empty and worthless is the power of kings. For there is none worthy of the name but God, whom heaven, earth, and sea obey."- Canute the GreatCanute the Great started life as a Viking warrior and ended it as the king of England, Denmark, Norway, and part of Sweden. He was the son of Sweyn Forkbeard and the grandson of the famous Harald Bluetooth.At one point, the king overhear...Read More
Shortly after mobilizing the first drill rig to its Silver Strand brownfields asset in Idaho, U.S., newly renamed Silver Hammer Mining (CSE: HAMR) is aiming at building a multi-asset silver-focused producer with both large-scale resource growth and near-term production potential, president Morgan Lekstrom tells The Northern Miner.Formerly known as Lakewood Exploration, the junior resource company...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said today that expansion of its Kamoa-Kakula mine in the Democratic Republic of Congo, the biggest copper operation to come online in decades, is ahead of schedule, with full production now expected in the second quarter next year. Construction of the mine's Phase 2 concentrator plant was originally expected to finish in the summer of 2022, the company sai...Read More