Orla Mining (TSX: OLA; NYSE: ORLA) has released new assay results from drilling the sulphides zone at its Camino Rojo gold project in Mexico's Zacatecas state, about 50 km southeast of Newmont's (TSX: NGT; NYSE: NEM) Penasquito mine.The company said the results confirm the presence of wide, higher grade gold zones at the sulphide deposit. The drill program consisted of close-spaced drilling on thr...Read More
Chile's senate has postponed for almost three weeks a vote on an opposition-sponsored bill that could hike taxes on miners by up to 75% depending on the price of copper, the country's main export. The bill, first introduced in 2018, calls for a 3% royalty on sales of over 12,000 tonnes of copper production a year and 50,000 tonnes of lithium a year. Half the funds obtained from the royalty w...Read More
Gold is still being discovered in England, but it's not geologists doing the finding. As we emerge from the pandemic it seems that many of us spent the lockdown digging up treasure.England enjoyed its 'Freedom Day' on July 19, when almost all lockdown restrictions were lifted. Despite a recent rise in cases of Covid-19, people are no longer advised to work at home, masks are not obligatory, and ni...Read More
Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The partners intend to conduct research into feed materials, including iron ore pellets and lump iron ores, suitable for use in direct reduction (DR) steelmaking based on natural gas and hydrogen. "This is a significant...Read More
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon mill, 20 km east of Val-d'Or. The three-year term loan agreement with Investissement Quebec bears interest at a rate of 6% a year until the restart of the mine and mill, 5% during the first year...Read More
The idea of extraterrestrial mining has been around for more than a century. In the 1898 landmark sci-fi novel Edison's Conquest of Mars, Garrett Serviss' main characters come across aliens mining an asteroid made of solid gold.And for decades since, science fiction writers have used asteroid and moon mining as plot devices - from the golden-age sci-fi greats like Isaac Asimov and Richard Heinlein...Read More
In this interview, independent energy metals analyst Chris Berry shares insights on investing in the battery metals space. Topics ...Read More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
In this week's Insights, we provide a quick guide to Real Vision's fantastic interview series with the founder of ARK Investment Management, Cathie Wood. In addition, on the topic of climate change, it is time to hold central banks accountable for their role in speeding up global warming. It is not all about the oil patch.Inflation targeting is pro-climate change (photo by D. Neuman)Plus, find out...Read More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Want to invest in the US NASDAQ 100? Then watch this guide video where we review 3 of the best Exchange Traded Funds ...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) is a turnaround stock. In 2016, the company suffered due to a high debt load but has since turned operations around and is now well on a path to recovery. At the time of Barrick’s merger with the Hemlo asset, the market doubted whether Hemlo was a viable asset. However, Barrick unpacked the geology and rebuilt the models and, in the process, found many oppor...Read More
The first maiden hole, drilled adjacent to the Sala mine, returned peak grades of 328 grams per tonne silver, 12.2% zinc and 5.9% lead. Assays from the maiden hole were 3.8m at 7.Read More
When Mark Zuckerberg of Facebook (NASDAQ: FB) fame started talking about "the metaverse" on his conference call, I had flashbacks to Spider-Man: Into the Spider-Verse, a movie my kids turned me onto that has the unique ability to incorporate a web-slinging pig named Peter Porker.But no, our friendly neighborhood social media billionaire had something else in mind entirely, though what that is is s...Read More
Africa-focused megaproject developer Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has declared commercial production at the first phase of the Kamoa-Kakula copper mine in the Democratic Republic of Congo, effective from July 1. Ivanhoe said today the 3.8 million-tonne-per-annum concentrator plant was deemed to have reached commercial production after achieving more than 80% of design capacity, with re...Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off commercial production at its namesake mine in Red Lake, Ontario, eight months after pouring first gold.The Toronto-based miner said the milestone, achieved on August 1, followed a successful commissioning period.The Pure Gold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approachi...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) and its key stakeholders have agreed on independent government-led oversight of the environmental and social impact studies for the Pueblo Viejo gold mine expansion in Dominican Republic.The US$1.3 billion project will extend the mine life until 2040 and beyond by expanding the mill and the tailings management facility. The expansion will also enable the mining...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia as it invests further in battery metals to meet expected soaring demand. Nickel is a key component for EVs cathodes and the world's no. 1 miner sees nickel demand growing faster than expected due to a spike in the adoption of...Read More
This week's episode features Rio Tinto's second-quarter conference call with chief executive officer Jakob Stausholm and chief financial officer Peter Cunningham. The executives discuss the company's extraordinarily profitable first half of the year, which included a $9.1 billion dividend, as well as ESG, demand out of China, and the company's Jadar lithium project in Serbia. All this and more wi...Read More