Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
"The system appears to have a life upon itself, extending beyond the drill bit on several zones and leading outside the boundary of the exploration license," noted a Haywood Securities report. Now that Liberty Gold Corp.'s (LGD:TSX; LGDTF:OTCQB) final 2021 drill results from its Black Pine project are in, it is clear the boundaries of the mineralized system there still remain undefined, reported H...Read More
Copper is one of our most important metals with more than 20 million tonnes consumed each year across a variety of industries, including building construction (wiring & piping,) power generation/ transmission, and electronic product manufacturing. The red metal is also a key component in transportation; electric vehicles use about four times as much copper as regular internal combustion engine...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe standout intersection from the 2,286m phase-two campaign was 13.8m grading 46.7g/t gold from 224m at the Bushiangala deposit, one of two at the project...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesThe JORC-compliant inferred resource came in at 2.3 million tonnes and graded 11% zinc-equivalent. It was based on historical government drilling results from 1979 and...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe company produced 125,423 ounces of silver in the three months to March 31 and 1,880oz of gold for 275,823 oz silver equivalent with a 23% fall in all-i...Read More
It is another move by a North America-based miner to reduce debt as revenue increases on higher metals and commodity prices. The redemption will amount to a reduction of 6.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningHaving compiled a data set of more than 40 deposits in the hands of junior explorers with declared resources, which shows aggregate resources of more than...Read More
At first blush, lithium production from hard rock spodumene sources in Australia appears to have a lower carbon foot than lithium brine production from Latin America.Read More
The planned dual listing was "in order to support American supply chain independence and to deliver the critical metals necessary for the electrification of the country," the firm said in a prospectus filed to the NYSE. Ivanhoe Electric owns the Santa Cruz copper project in Arizona which it says is the second-largest copper deposit in the US. It also holds rights to the Tintic gold-coppe...Read More
The South Gobi is one of the fastest developing mining regions in the world, in part due to its proximity to China, the world's largest consumer of commodities. Limited exploration has already yielded multiple gold, copper and molybdenum deposits with an estimated mineral endowment of over 85Moz of gold and greater than 43Mt of copper.Kincora Copper was the first company to conduct modern, distric...Read More
Next Tech Talk report is to be released on Monday May 30th despite the U.S. holidayPre-opening Comments for Friday May 27thU.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Index futures moved slightly higher following release of April Personal income and April Personal Spending at 8:30 AM EDT. Consensus for April Personal Income was an...Read More
On April 19, 2022, Xanadu Mines Ltd announced a strategic partnership to progress its Kharmagtai copper-gold project in Omnogovi Province. Under the agreement, Zijin Mining Group Co. will invest in both Xanadu and the project directly.At the corporate level, Zijin will invest A$11.3 million into Xanadu in two tranches. An initial placement on April 27 saw Zijin receive 139 million shares at an iss...Read More
The penny finally appears to have dropped. Legislation proposed at the end of March in the US will see Joe Biden's government fast track supplies of critical minerals, while European nations are at last waking up to the impending shortage of metals integral to the energy transition.But those with only a cursory knowledge of mining appreciate these things take time. Bringing a mine online takes an...Read More
With hype around battery metals exploration at an all-time high, Toronto-listed junior Orford Mining could be set to fly as it progresses a nickel exploration project in Canada - with a little help from Andrew ‘Twiggy' Forrest.The project in question is West Raglan, an advanced stage nickel-copper-PGE exploration asset 90km down the road from Glencore's Raglan nickel mine, one of the lowest-...Read More
Lithium developer Sayona Mining (ASX: SYA) on Friday announced a $136-million institutional placement to fund the 2023 restart of its North American Lithium (NAL) operations."The planned restart at NAL remains on schedule for first spodumene concentrate production in Q1 2023, with critical long?EUR?lead items secured and senior staff recruited. NAL concentrator commissioning is projected for late...Read More
The next "boom" in the mining industry is going to be in recovery technology, as companies focus on making the most out of existing resources, says Ana Cabral-Gardner, co-CEO of Sigma Lithium (TSXV: SGML; NASDAQ: SGML), which is developing the large Grota do Cirilo lithium project in Brazil. While investing in technology that improves recoveries and allows existing resources to produce more may n...Read More
Nunavik-based Raglan mine, owned by Glencore (LSE: GLEN), has asked Quebec's Ministry of Labour, Employment and Social Solidarity to appoint an independent mediator to facilitate discussions with the mine's union after workers voted in favour of a strike mandate. Nearly 98% of the 630 workers from the United Steelworkers Union, Local 9449, voted in favour of a strike action, the union said in a...Read More
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some revival in the second half of 2022.While metals prices remain highly sensitive to developments in China, the world's largest metal producer and consumer, Fitch Solutions' Country Risk team has flagged increased downs...Read More
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company - Sandbox Royalties - which will combine assets in the Americas and Europe.The US$93.4-million transaction will see the two Canadian gold producers sell a portfolio of royalties to privately-held Rosadale Resources. Equinox Gold is offloading royalties worth US$28.4 million in co...Read More
Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees.At press time, a federal election in mining-friendly Australia had already taken place. On May 21, Aussies chose a new government under Labour Party leader Anthony Albanese. The centre-left Albanese replaces Scott Morrison,...Read More