Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Cauchar?--Olaroz lithium project under development in Jujuy, Argentina.As part of the agreement, Ganfeng has subscribed for new shares of Minera Exar SA, the joint venture company that holds the Cauchari-Olaroz project, for cash consideration of US$16 m...Read More
Canada will have its first rare earth processing plant in operation by the end of 2022, as the province of Saskatchewan has committed $31 million to build a new facility to provide a domestic supply of the key ingredients for military weapons, electric vehicles and smartphones.The process of turning rare earth elements (REE) ore into individual products is done in two main stages. The first is the...Read More
OceanaGold has now forecast Haile's 2020 production to be in the range of 135,000-175,000oz at a site all-in sustaining cost of between $1100-1400/oz, with the wide output range a functionRead More
MTV's senior lenders, shareholders and unsecured creditors participated in finding a solution creating a path towards profitability and sustainability.Read More
I've heard plenty of people say that 2020 is a year to remember - but for many more, it's going to be a year to forget...The COVID-19 pandemic has already cost us thousands of lives, millions of jobs, and added trillions to our national debt. In a heated election year, politicians from every side are scrambling to figure out how to repair the damage that the virus has done to the United States.We'...Read More
Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Read full newsRead More
Not for dissemination in the United States or through U.S. newswires Gatekeeper Announces $5 Million Financing at $1 per Unit...Read full newsRead More
Toronto, Ontario--(Newsfile Corp. - August 27, 2020) - FenixOro Gold Corp (CSE: FENX) (OTC Pink: FDVXF) (FSE: 8FD) is...Read full newsRead More
Sienna Resources is pleased to announced that it has entered into an option agreement with EMX Royalty Corporation to acquire theRead full newsRead More
FenixOro Gold Corp is pleased to announce that it has received thRead full newsRead More
DeepGreen Metals has formed partnerships with scientific research institutions and universities on its deep-sea discovery program to characterize the potential impacts of lifting polymetallic nodules from the bottom of the Clarion Clipperton Zone (CCZ) of the Pacific Ocean.In April, the Canadian start-up, which plans to extract cobalt and other battery metals from the seafloor, added a new area to...Read More
The recent bullish run of gold came to a brief stop at the close of markets on Monday, August 24th. Gold prices edged lower and continued to consolidate. The correction comes ahead of US Presidential elections and amid improving US – China tensions. Dropping to fresh daily lows, around the $1915 region in the first hour of Wednesdays trading session, analysts believe a secondary break...Read More
While the pandemic’s impact on the economy is still uncertain, interest rates globally are expected to remain close to zero for the near future. Here in Canada, the country’s economy is in a recession, and the unemployment rate is close to record highs.In March 2020, interest rates in Canada fell to 0.25% to cushion the economy from the pandemic. Notably, the rates are expected to rema...Read More
AngloGold had announced the US$300 million sale, of its Mponeng mine and surface assets, to Harmony Gold Mining in February.Harmony, which celebrated its 70th birthday this week, is aiming to entrench its position as South Africa's largest gold producer.The transaction had been expected to close by June 30 but was slowed by the COVID-19 outbreak and was "down now to the DMRE [Department of Mineral...Read More
Speaking on the drilling services and products company's H1 results call, CEO Jeff Olsen said arrangements with debt holders and cost savings across the company enabled Boart Longyear to generateRead More
Kogi Iron Limited (ASX: KFE) intends to build a cast steel plant on the Agbaja Plateau in Kogi State, Nigeria. The project will supply a cast steel feedstock to steel manufacturing and product fabricators in Nigeria and overseas. We learned from David Turvey, Managing Director of Kogi Iron that based on their large iron ore resource, they are creating a vertically integrated, import replacement, i...Read More
Check out what Yahoo Finance wrote yesterday...Palantir Technologies Inc. sent a warning to investors Tuesday in its application to publicly list on the New York Stock Exchange, stating that the "overarching complexity" of privacy and data laws from country to country pose major compliance challenges for the data company. Privacy has gone from something every sovereign citizen should expect to so...Read More
The SMP Team, Including Ron Netolitzky, Have an Outstanding Track Record Metals News, spoke with Dale Wallster, CEO & Director of Southern Empire Resources Corp. (TSX-V: SMP; Frankfurt: 5RE), a prospector and geologist, with over 40 years' experience in mineral deposit exploration and development. Dale and his Team, including Ron Netolitzky, 2015 Canadian Hall of Fame inductee, have a history of i...Read More
August 27, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has entered into separate agreements to acquire a 100% interest in the Trapper mineral claim group (the "Trapper Project") and its associated royalties, further expanding the Thorn Project. The Trapper claims are adjacent to the Thorn Project and part of a larger distr...Read More
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company's operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday.The "very tangible actions" to be announced on Sept. 10, are part of the world's largest miner's broader commitment to become carbon-neutral by 2050.Henry told shareholders he would also announce concrete steps towards...Read More