Something I've long struggled with in this industry is the issue of perspective. In particular, I find perspective is often lacking in media coverage of climate and cleantech topicsRead full newsRead More
"Kelvin Dushnisky has put his money where his mouth is a month into the job at AngloGold Ashanti, buying almost US$400k in shares ($) | https://t.co/4TA9RhyohH #DenverGoldForum $ANG #gold"Read full newsRead More
The mixed reaction to Monday's gold-mining megamerger of Barrick Gold and Randgold underscores the challenges facing the North American gold sector, where shares have tumbled this year to discounts rarely seen outside significant market downturns.Read full newsRead More
Every investment carries a certain level of risk that can impact the return. For mining projects, the actual return on investment may differ substantially from that estimated during earlier project phases. While this could be due to unexpected changes in the political or social context, it may also be due to inaccurate deposit parameter assumptions, such as grades and ore reserves, or errors in es...Read More
(Bloomberg) - AngloGold Ashanti Ltd.'s new CEO, Kelvin Dushnisky, said his goal of unlocking value at the world's third-largest gold producer will involve focusing on its best assets and selling those that aren't core to the business.Dushnisky, 55, took over at AngloGold on Sept. 1 as the Johannesburg-based miner considers its future in its home country, which now accounts for about 12 percent of...Read More
MELBOURNE, Sept 26 (Reuters) - The union at Alcoa's aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer.Unionised workers at two alumina refineries and three bauxite mines walked out on Aug. 8 on worries that a new workplace a...Read More
SAO PAULO, Sept 26 (Reuters) - Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares, according to securities filings by Bradespar SA and Litel Participa???ues SA.The payment by Brazilian holding companies Bradespar, one of the largest shareholders in Vale,...Read More
THOMASVILLE, N.C., Sept 26 (Reuters) - In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug.No wonder. Of three once bustling Thomasville furniture plants in the city limits, one is being demolished and cleared for parklan...Read More
Sayona Mining touted its Authier lithium project in Canada after receiving a positive definitive feasibility study released Monday.Australian-based Sayona Mining says if the project becomes a mine, it could create 150 construction jobs and 160 positions for operators.Other highlights of the DFS were the following:Pre-tax NPV of C$184.8 million and IRR 33.7% (real terms at 8% discount rate)Annual...Read More
Canada's Trevali Mining (TSX:TV) revealed Wednesday it had temporarily halted operations at its Santander zinc mine in Peru, as a small group of locals blocked access to the installations, claiming that the company had failed to satisfy its investment obligations.As a result of the protest, the Vancouver-based firm was also unable to receive a scheduled delivery of supplies to the mine,mine is lo...Read More
Canada's Trevali Mining (TSX:TV) revealed Wednesday it had temporarily halted operations at its Santander zinc mine in Peru, as a small group of locals blocked access to the installations, claiming that the company had failed to satisfy its investment obligations.As a result of the protest, the Vancouver-based firm was also unable to receive a scheduled delivery of supplies to the mine,mine is lo...Read More
Mr. Ivan Bebek reportsAURYN TRENCHES 30 METRES OF 1.93% CU EQUIVALENT AT SOMBREROAuryn Resources Inc. has provided results from additional trenching work at its Sombrero copper-gold skarn project in southern Peru. In particular, trench 18 includes 30 metres of 1.93 per cent copper equivalent, 24 metres of 0.73 per cent CuEq and 54 metres of 0.34 per cent CuEq (see attached table).A message from Iv...Read More
...glyphosate may be indirectly killing honey bees around the world.Read full newsRead More
"@CrowStu I keep saying about #India #TukTuks & #eBuses alone are going to impact on global #Lithium supply https://t.co/JJgZ8BkDpV Electric fleet of buses https://t.co/h4JdrpIbYiDisruption on #Lithium supply"Read full newsRead More
Mr. Ralph Shearing reportsTELSON MINING CORPORATION ANNOUNCES $6.5 MILLION FINANCING TO ENTER FINAL STAGE OF CONSTRUCTION AT TAHUEHUETOTelson Mining Corp. has arranged a non-brokered private placement financing to raise gross proceeds of up to $6.5-million aimed at finalizing construction of its 100-per-cent-owned Tahuehueto mine.Private placement details Pursuant to the private placement, up to 8...Read More
Nickel Creek says it won't complete its preliminary economic assessment until improved financial market conditions and a stronger commodity price market, the company said in a news release yesterday.The stock traded down to 11 cents. A week ago the stock was at 14 cents.Nickel Creek, formerly Wellgreen Platinum, is a nickel and platinum group metal project three-hours west of Whitehorse. It is loc...Read More
Shares in Canada's Maxtech Ventures (CNSX: MVT) shot up more than 13% on Wednesday morning as the company said it plans to expand its footprint in Brazil, where is developing its flagship Brasnorte manganese project, by entering into a joint venture with a local company in Santana do Pirapama, in Minas Gerais state.The Vancouver-based miner said it has signed a non-exclusive letter of interest to...Read More
Shares in Canada's Maxtech Ventures (CNSX: MVT) shot up more than 13% on Wednesday morning as the company said it plans to expand its footprint in Brazil, where is developing its flagship Brasnorte manganese project, by entering into a joint venture with a local company in Santana do Pirapama, in Minas Gerais state.The Vancouver-based miner said it has signed a non-exclusive letter of interest to...Read More
Mr. Mark KolebabareportsADAMERA INTERSECTS 19.4 G/T GOLD - ZONE OPEN AT DEPTHAdamera Minerals Corp.'s diamond drill hole OS18-02 intersected 19.4 grams per tonne gold over 1.07 metres on the Overlook project in Washington State. The extent of the high-grade gold mineralization is not yet known as the drill hole terminated in the zone. Drill planning to determine the extent of the mineralization is...Read More
Canadian miner First Quantum Minerals (TSE:FM) is facing legal uncertainty around its massive $5.48 billion project in Panama, the largest copper mine coming to market over the next couple of years.The Central American country's Supreme Court ruled Monday that Law 9, which was used to grant a mining concession to Minera Petaquilla (now known as Minera Panama) in February 1997, was unconstitutiona...Read More