In a long awaited decision, BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has approved US$5.7 billion in spending on its Jansen potash project in Saskatchewan - an important project for diversification of the mining giant's assets, which are dominated by iron ore and copper."This is an important milestone for BHP and an investment in a new commodity that we believe will create value for shareholders for gen...Read More
From the frozen Arctic to the sweltering tropics, Canadian gold seekers will be there. Buoyed by the strong price, activity in exploration and production continues to rise.BANYAN GOLDBanyan Gold (TSXV: BYN; US-: BYAGF) has two advanced exploration projects in the Yukon. AurMac, 56 km northeast of Mayo is 100% owned, as is the Hyland project, 74 km northeast of Watson Lake.Both gold projects are ad...Read More
George McLeodThis week's episode features Access Mining managing partner George McLeod, who discusses the increasingly political role of mining companies, particularly in developing economies, and how industrial metals, especially those that relate to electrification, will begin to take on a strategic importance that was traditionally attributed to oil. He also discusses how recent political devel...Read More
Dear Outsider,A mysterious package arrived at my desk one week...Now, I get a fair amount of reader mail and I respond personally to each one. But this particular package was much heavier than your typical piece of mail, and it was oddly shaped compared to the usual packages I receive.It was addressed to the "Captain of The Crow's Nest."When I opened it, I discovered a block of wood with three no...Read More
Kyrgyzstan said Wednesday that it had launched the process of kicking out its largest foreign investor, Canada's Centerra Gold, overRead full newsRead More
SNNLive caught up with Martin Turenne, President, CEO and Director of FPX Nickel Corp. (TSX-V: FPX), via Zoom to discuss (Click the time stamp to jump to eac...Read full newsRead More
The vested interests on Wall Street won a big round against the crypto industry on Capital Hill last week but it is likely to end up being a Pyrrhic victory. Also, what's wrong with silver?Old Wall Street has that sinking feeling (photo by Kristopher Roller)Click here to read this week's Insights. Read More
Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers who had been seen as the industry's future.Read full newsRead More
BISHKEK (Reuters) -Kyrgyzstan has established enough evidence to press on with removing Canada's Centerra Gold from the Kumtor gold mine, the state security service and prosecutors said on Wednesday.The security service is investigating possible corruption in the deal that gave Centerra control over the country's biggest gold mine and subsequent amendments to the pact.A spokesperson for...Read More
Investors seeking a top-notch mining stock don’t have to go far in Canada. Indeed, Canada has some of the most undervalued mining stocks on the market right now. Accordingly, the TSX happens to be one of my favourite places to look for value today.In the mining world, copper and base metals miners have become focal points of late. The rapid rise (followed by a significant selloff) in this se...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) is down 20% in 2021 and off 35% in the past 12 months. The terrible performance of the gold mining sector while the TSX Index hits record highs has some contrarian investor wondering if this is a good time to buy Barrick Gold and other mining stocks.Earnings resultsBarrick Gold reported steady Q2 2021 results, despite a hit due to a mechanical mill failure at its...Read More
Froneman, who took the helm in January 2013 and transformed Sibanye-Stillwater from a 1.5 million ounce South Africa-based gold producer into an international miner ranking among the world's top three PGM producers, received the 2021 Brigadier Stokes award last week during SAIMM's online AGM."When I look at the list of past recipients comprising eminent individuals who have left an indelible mark...Read More
Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) said its operations at the Highland Valley Copper mine in south-central British Columbia have been temporarily suspended due to wildfire activity in the region.The decision to suspend operations was taken on August 14, 2021, and followed an evacuation order issued by the District of Logan Lake."All workers are...Read More
Based on our current best guess, the first life on Earth popped up around 3.5 billion years ago - just in time for the planet's 1 billionth birthday. In fact, humanity as we know it is a relative newcomer to the stage, with the first bones of our ancestral Homo sapiens dating as far back as 300,000 years ago in Africa. Yet somehow, eons before anything remotely close to a human existed on Eart...Read More
The Toronto-quoted equity of Orvana Minerals (TSX: ORV) lost nearly 16% in Monday trading following a rockfall at the legacy open-pit wall at El Valle, in Spain.The incident impacted the east sector of the tailings impoundment, without structural damages or injuries reported.CEO Juan Gavidia said in a media release plant operations should restart in the following days."Underground mining operation...Read More
A unit of Australian billionaire Gina Rinehart's Hancock Prospecting, Benga Mining, has applied to the Federal Court of Canada for a judicial review of the rejection of the proposed US$800 million Grassy Mountain steelmaking coal mine that it plans to build in Alberta's Rocky Mountains.Benga has applied for an order that quashes or sets aside Environment and Climate Change Minister Jonathan Wilkin...Read More
Sierra Metals (TSX: SMT; NYSE: SMTS) has updated the preliminary economic assessment for its Bolivar copper-silver mine to include production of a saleable iron ore concentrate. The underground mine and the mill are located in Chihuahua, Mexico.The mine and mill achieved their first full year of production in 2012. Since then, capacity has been increased to 5,000 tonnes per day, and the updated PE...Read More
Rio2 (TSXV: RIO) is moving to the next stage of testing of a new gold processing technology developed by Canadian nanotechnology company, Sixth Wave Innovations (CSE: SIXW), after initial tests showed that it outperformed activated carbon.Sixth Wave's IXOS Mining Technology uses molecularly imprinted polymers for gold adsorption from cyanide leach solutions rather than carbon. The company first st...Read More
Australian Mines (ASX: AUZ; US-OTC: AMSLF) has announced an offtake agreement with South Korea battery manufacturer LG Energy Solution for mixed nickel-cobalt hydroxide from its 100%-owned Sconi project in North Queensland.The mixed hydroxide precipitate (MPH) contains both nickel and cobalt and is an intermediate product that can be used in lithium-ion battery production.Under the agreement, LG E...Read More
BlueRock Diamonds (LSE: BRD) jumped more than 16% today after the miner announced it had found a 58.6-carat diamond at its Kareevlei mine, in Kimberley, South Africa. The stone is the largest diamond found to date at Kareevlei. "The final value dependent upon the buyer's confidence of what cut stones can be recovered," the company's executive chairman, Mike Houston, stated in a press release...Read More