Share this article Russia plans to become one of the world's largest producers of gold and platinoids within the next decade by starting development of the Sukhoi Log and Fedorova Tundra Projects - two of the country's largest resource-rich regions in terms of gold and platinum group metals reserves respectively, according to recent statements by senior state officials and analysts.Regarding gold...Read More
America is spoiled by cheap energy.No matter how you feel about controversial topics like hydraulic fracturing, horizontal drilling, or the extensive 2.6 million miles of oil and natural gas pipeline network that crisscrosses the breadth of our country like an intricate spiderweb, you can't deny that we've all enjoyed the riches of the tight oil boom over the last 10 years. Before 2008, U.S. fiel...Read More
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply.The record price levels are supported by a continued supply squeeze, with major iron ore producers reporting seasonally lower output in the March quarter, and growing concern over the escalating Covid-19 crisis in India, which could impact the country's exports of the metal....Read More
Black Iron (TSX: BKI; US-OTC: BKIRF) will grant Cargill offtake rights for an initial ten years on the first four million tonnes of annual production from its Shymanivske iron ore project in the Ukraine, and Cargill will provide a US$75 million finance facility for construction.The two companies, long active in the country, now plan to iron out and complete a binding agreement, which will include...Read More
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company, a wholly owned subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO).Barksdale is advancing the Sunnyside copper-zinc-lead-silver and San Antonio copper projects, both located in the Patagonia Mountains of southern Arizona...Read More
High gold prices continue to make the precious metal one of the most sought after metals in Canada. Even companies with production are exploring for more. And there may be more new gold mines on the horizon.ARTEMIS GOLDArtemis Gold's (TSXV: ARTG) flagship project is Blackwater, 150 km southwest of Prince George, B.C. A prefeasibility study was completed last year for a three-stage development appr...Read More
At least three illegal gold miners inside the Yanomami reservation in northern Brazil have died, after they opened fire with automatic weapons on an indigenous community opposed to their presence in the area.The Yanomami group, the largest of South America's tribes that remain relatively isolated from the outside world, said armed miners attacked one of their communities on May 10, leaving one mem...Read More
A report commissioned by Glasgow-based engineering company the Weir Group warns that the total amount of power used in hard rock mining is equal to 12 exajoules per year or close to 3.5% of global energy use and that the industry must move away from legacy systems and processes if it wants to meet sustainability targets. After analyzing mine energy data from over 40 studies published from 2007 to...Read More
Avalon Advanced Materials Inc. (TSX: AVL, OTCQB: AVLND) is a Canadian mineral development company, specializing in sustainably produced materials for clean technology. Avalon is currently focusing on developing its Separation Rapids Lithium Project, near Kenora, Ontario, while looking at several new project opportunities, including re-activating its 100%-owned Lilypad Cesium-Tantalum-Lithium Proje...Read More
In an article published on Monday in the Wall Street Journal, influential fund manager Stanley Druckenmiller criticized the Federal Reserve's continued response to the COVID-19 pandemic saying the central bank is too accommodating considering the fast recovery.Druckenmiller writes:With COVID uncertainty receding fast, and several quarters deep into the strongest recovery from any postwar recession...Read More
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Adam Thompson: Perhaps we can start with the current state of the commodity market. This is a bull run, butRead full newsRead More
Adam Thompson: Perhaps we can start with the current state of the commodity market. This is a bull run, butRead full newsRead More
Visionary Gold Corp. is pleased to announce that founder and formRead full newsRead More
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Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
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