Ever wondered where your leftover food ends up? Well, in Toronto, that food waste will soon be turned into renewable natural gas (RNG). The City ofRead full newsRead More
Granada Gold Mine is pleased to provide an update of its 2020 pRead full newsRead More
NV Gold Corporation is pleased to announce the Company has entereRead full newsRead More
Chilean Metals Inc. (Read full newsRead More
Key markets had closed higher yesterday and futures were pointing higher for Toronto, Europe and in Australasia.Gold was up to almost US$1,744 an ounce on the spot market.Base metals closed mainly higher on the London Metal Exchange yesterday after the latest Chinese manufacturing data for May rose above the 50 mark, indicating expansion.The Caixin Manufacturing PMI came in higher-than-expected at...Read More
The study shows a post-tax NPV of US$1.4 billion and IRR of 38.Read More
Chevrier core shack Credit: Genesis Genesis Metals has released assay results for four holes completed at its 290-sq.-km Chevrier gold project near Chibougamau, Quebec.The drill highlights include 19.7 metres of 1.36 g/t gold starting at 74.6 metres, 7.4 metres of 1.79 g/t gold starting at 223 metres as well as 3 metres of 3.99 g/t gold. The first two intercepts include higher-grade intervals: 1...Read More
A worker in the core shack at the Troilus gold project Credit: Troilus Troilus Gold has announced an upsized bought deal of C$22 million (up from C$15 million originally) as equity raises in the mining space continue.The company entered into an agreement where Cormark Securities, Laurentian Bank Securities and Stifel GMP are co-lead underwriters for a syndicate purchasing 21 million units of the...Read More
ERIKS stocks a variety of heavyweight conveyor belt products (Credit: Eriks) Eriks North America and Fenner Dunlop have announced a partnership to provide conveyor belting products and services to industrial customers in northern California and Nevada.Scott Holquist, VP of conveying systems products with Eriks North America, said that the two companies offer a unique combination of expertise,...Read More
That's not cobalt blue. Image from Great Wall Motors. High energy density, longer-range NCM (nickel-cobalt-manganese) cathodes, together with Tesla's NCA (nickel-cobalt-aluminum) technology account for over 90% of batteries in passenger EVs. Automakers continue to thrift the use of cobalt - by far the priciest raw material - in cathodes. While NCM111 (equal parts nickel, cobalt, magnesium) are f...Read More
La Colorada silver mine in Mexico. Image from Pan American Silver. Pan American Silver (TSX: PAAS) has announced that operations have resumed at its Dolores and La Colorada mines in Mexico, following the restart of its Shahuindo, La Arena, San Vicente and Manantial Espejo operations, initiated in May.The mines are initially operating at reduced capacities to accommodate new protocols in r...Read More
The gold producer completed a A$1 billion placement to institutional investors in late April, and launched a $100 million SPP.Read More
The update has the potential to extend Santa Rita's life to more than 26 years and includes an indicated resource of 54.6 million tonnes grading 0.61% nickel sulphide, 0.2% copper and 0.Read More
The country's mining sector has recorded 411 confirmed cases and one death due to the global pandemic, according to the Minerals Council South Africa, from more than 218,000 employees screened and 6,528 tested.Sibanye-Stillwater (JSE: SSW) confirmed last week 51 employees had tested positive for COVID-19 at its Thembelani mine at its Rustenburg platinum group metals operation, taking its total to...Read More
Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) is a Canadian mining company focused on developing the advanced iron oxide copper-gold (IOCG class) NICO Project, which is comprised of a proposed mine and concentrator, up in the Northwest Territories, and a refinery in Southern Canada to produce cobalt, gold, bismuth and copper. We learned from Robin Goad, President and CEO of Fortune Minerals, t...Read More
Flagship Project: Cerro Bayo | Country: Chile | Commodity: Gold and Silver Company Overview:Equus Mining is progressing a dual-track project strategy of becoming a near-term gold-silver producer, targeting a JORC compliant resource at the Taitao Pits by Q3 2020, while simultaneously exploring for greenfields discoveries from targets throughout the Cerro Bayo claim area. During PDAC 2020, we talked...Read More
Osisko Mining (TSX: OSK) has entered into an agreement with Canaccord Genuity and Eight Capital as co-lead underwriters of a syndicate, which has agreed to purchase, on a bought-deal private placement basis, 41.1 million units of the company at $3.65 each for gross proceeds of $150 million.Each unit consists of one share and half of a warrant. The underwriters will also have the option to purchase...Read More
This episode features First Cobalt CEO Trent Mell in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Trent discusses how there will be an 'avalanche' of demand for cobalt from the electric vehicle market, and what it's like to work with Glencore at First Cobalt's cobalt refinery in northern Ontario. He also discussed...Read More
Genesis Metals (TSXV: GIS) has released assay results for four holes completed at its 290-sq.-km Chevrier gold project near Chibougamau, Quebec.The drill highlights include 20 metres of 1.36 grams gold per tonne starting at 75 metres, 7 metres of 1.79 grams gold starting at 223 metres, as well as 3 metres of 3.99 grams gold. The first two intercepts included higher-grade intervals: 1 metre of 10.2...Read More