Santander was suspended 10 days ago after 19 workers tested positive.All 298 workers on site were then quarantined and had further testing."Three individuals are currently displaying mild symptoms while all other workers are presently asymptomatic," Trevali said on Friday.Workers who tested negative and weren't required for critical tasks were being transported home."We are working with our main c...Read More
According to a recent U.N.-backed study, the world's pile of e-waste grew to record levels last year.The study estimated the world has now amassed 53.6 million metric tons of old cellphones, laptops, flat-screen TVs, and other electronic devices. That's about 16 pounds of e-waste per person.The authors calculated the combined weight of all trashed electronic devices just last year was equivalent t...Read More
Lundin Gold (TSX: LUG) has restarted operations at its Fruta del Norte (FDN) gold mine in Ecuador and expects to resume concentrate shipments in the next few days.Operations at the site were suspended in March due to the Covid-19 pandemic. Based on a projected mill ramp-up to 3,500 tonnes per day over the next two months, FDN is expected to generate 150,000-170,000 oz. gold in the second half of t...Read More
Kincora Copper (TSXV: KCC) has reported assay results from the first drill hole at its Trundle copper-gold project in Australia.Drill hole TRDD001 intersected several intervals of gold and copper mineralization from skarn zones within the southern portion of the property, which is situated in the Macquarie Arc of the Lachlan Fold belt in central-west New South Wales. Highlights include 51 metre...Read More
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos.The privately held California-based company has also lured David Broughton, the world-renowned expert in sediment-hosted copper deposits, to lead its hydrothermal systems team."We have the overwhelming majority of his time," Josh Goldman, K...Read More
New Century Resources (ASX: NCZ) has kicked off commercial production at its zinc mine in Queensland, Australia, amid forecasts that see prices for the metal climbing in the coming months as restrictions related to the Covid-19 pandemic ease.The Melbourne-based zinc producer, which bought the mothballed Century mine in 2016, said operations had not been affected by the global pandemic. Instead, Ce...Read More
From its initial launch in the 1990s, HARD-LINE's TeleOp system has proven to help mines continuously modernize and streamline their processes. Building off a mine's existing operational structures, the TeleOp system allows an operator to remotely and simultaneously control multiple machines across multiple sites from an underground- or surface-based remote station.Backbone networks provide li...Read More
Gold is ready to break out to all-time highs, and the market is not only rewarding success with the drill bit, it's starting to reward potential success with the drill bit.In some cases, the market is rewarding newer companies looking for world-class assets with market caps many multiples over companies that already have world-class assets. That presents an opportunity.Gold closed the second quart...Read More
Roger March, VP of Exploration at Foran Mining, takes us through what VMS deposits are, how they are formed, and why they are ...Read More
PRESCOTT, Ariz.- The Prescott National Forest today withdrew its decision to proceed with a controversial mine, the River Bend Placer Mine project, on the Hassayampa River. The withdrawal comes after the Center for Biological Diversity delivered a forceful objection to the project's impacts on the globally imperiled Phillip's agave (Agave phillipsiana), a rare plant domesticated by Native American...Read More
Income investors who rely on stable and steady dividends in retirement haven’t had much to cheer about recently. Dividends stocks have been highly volatile, and investors are rightfully nervous. However, there is some good news. For the first time since the pandemic began, dividends are stabilizing. This means that we are seeing fewer dividend cuts and more dividend raises. In fact, Jun...Read More
Dhanbad mine complex in the eastern Jharkhand state. (Image by Nitin Kirloskar, Flickr). India's Coal Minister Pralhad Joshi said that just a few days into the auction process of coal blocks to commercial mining operators, 1,140 parties have shown interest in taking part in this new chapter in the country's mining history.In mid-June 2020, Prime Minister Narendra Modi India announced that his adm...Read More
Tenguel river after the tailings dam breach. (Screenshot from video by Diario El Mercurio). The Ecuadorian Ministry of Energy and Nonrenewable Natural Resources informed that a small tailings dam breached in the southern Azuay province, releasing about 50 tonnes of pollutants into the Tenguel river.The accident was caused by the collapse of a retaining wall at the Armijos tailings station, locate...Read More
Diver Christophe Le Maillot documents the rock-crowding activity at La Mina. (Image by Sam Meacham, courtesy of CINDAQ). Archaeologists and cave divers found in Mexico what they believe is the oldest known mine in the American continent.In a paper published in the journal Science Advances, the explorers explain that a flooded cave in the southeastern state of Quintana Roo hosts irrefutable eviden...Read More
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera Mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senio...Read More
Sebastien de Montessus, president and CEO of Endeavour Mining Corporation, discusses the company's growth prospects.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
One of the hardest things about investing is trying to anticipate what is coming next. Every investor faces this daunting task. All we can do is look at history, compare it to the present, and do our best to make decisions that will protect our investments. Periods of waiting can be unbearably long when you wait for your preparations to play out.In this article, I want to look at how owning gold t...Read More
Accurately timing a market crash is not as easy as many people think. It’s easy to see when the market is declining, and investors are in full sell-off mode. But to time the instant when the market has truly hit rock bottom (and the companies are offering the most enticing valuations), is difficult, if not impossible.There isn’t a lot you can do about that. What you can do is make up y...Read More