Ottawa plans to spend $21 billion over five years on clean technology in one of the main platforms affecting the mining industry contained in Tuesday's annual federal budget.Finance Minister Chrystia Freeland said the amount, including a 30% investment tax credit to boost clean-tech manufacturing, especially in the electric vehicle (EV) supply chain, could expand to $80 billion by 2034. "We are g...Read More

Share this articleVANCOUVER - Fokus Mining Corp. [FKM-TSXV; FKMCF-OTCQB; F7E1-FSE] has intersected grades of 1.18 g/t gold over 27 metres and 1.01 g/t gold over 24 metres, respectively, in drill holes GA-22-66 and GA-22-67, both located in the RB zone at the 100%-owned Galloway project, 30 km west of Rouyn-Noranda, Quebec.Three other gold-bearing sections containing grades ranging from 1.20 g/t go...Read More

Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsSouthern Silver excited by high-grade prospects at Cerro Las Manitas SPONSOREDsouthern silver exploration corp.Video Series: Mining Journal speaks with Dr Michelle Michot Foss SPONSOREDsaudi minist...Read More

A U.S. court ruling announced today will allow KORE Mining (TSXV: KORE; US-OTC: KOREF) to proceed with drilling at its Long Valley gold project in California's Mono County.On Tuesday, the U.S. District Court for the Eastern District of California denied a motion by NGOs to overturn authorization granted by the United States Forest Service (USFS) of KORE's proposed drill program. An initial, 3,000-...Read More

Standard Lithium (TSXV: SLI; NYSE-AM: SLI) announced Tuesday the discovery of a significant lithium brine resource from the sampling of a newly drilled well during its resource expansion work in the east Texas Smackover region.The company reports that brine samples taken from two wells, in addition to samples taken from other closely adjacent wells completed in the Smackover Formation in east Texa...Read More

Lundin Mining (TSX: LUN) is buying a majority stake in the Caserones copper-molybdenum mine in Chile for about US$950 million, adding to a flow of deals as miners seek to increase their exposure to the metal, crucial for the world's energy transition.The miner will acquire a 51% stake in the company that operates Caserones from its owner Japan's JX Nippon Mining & Metals Corp.Lundin said it will...Read More

Three times isn't a charm for top lithium producer Albemarle (NYSE: ALB) as Australia's Liontown Resources (ASX: LTR) has rejected its latest offer valuing the lithium developer at A$5.5 billion (US$3.7 billion).The news sent its Sydney-listed shares soaring 68.5% to a fresh 12-month high of A$2.57 by market close.Liontown disclosed in an exchange filing that Albemarle had offered A$2.50 per share...Read More

It took two years and six trips to Mexico, but earlier this month Radius Gold (TSXV: RDU) emerged triumphant with an option agreement to earn 100% of the Tropico target in the heart of the Fresnillo silver district in Mexico's Zacatecas state. The 'hot-spring type' sinter-rimmed gold-bearing breccia pipe at Tropico is located within sight and in the same rocks as the Fresnillo mining district, an...Read More

Avino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsSouthern Silver excited by high-grade prospects at Cerro Las Manitas SPONSOREDsouthern silver exploration corp.Video Series: Mining Journal speaks with Dr Michelle Michot Foss SPONSOREDsaudi minist...Read More

"Permitting is the big overhang on the project so that will be the big push this year, with a C$20 million budget if we push hard.Read More

Northern Miner Senior Staff Reporter Colin McClelland talks to American Pacific Mining CEO Warwick Smith during the recent PDAC convention in Toronto about the company's pipeline of exploration projects in the United States and its joint ventures with senior miners, including Rio Tinto. Smith says growth by the drill bit via JV partnerships is good for the company, but there's potential for growth...Read More

The Northern Miner senior staff reporter Colin McClelland talks to Seabridge Gold's chairman and CEO Rudi Fronk during the recent PDAC convention in Toronto about the development strategies the company is investigating for the giant KSM project in British Columbia, including the nearby Iskut property. Fronk says there are only seven gold companies currently capable of originating an adequate offer...Read More

The tectonic forces which created copper hot spots in northern Chile and southern Peru were also highly active in this region of Colombia, where several plates collide and interact.Read More

Cameco (TSX: CCO; NYSE: CCJ) has won $300 million back from Canada's taxman in a dispute lasting two decades, but it says the full figure should be more than three quarters of a billion dollars. Canada's largest uranium miner says it's due to receive $89 million in cash and $211 million in letters of credit after reassessments by Canada Revenue Agency concerning tax filings for 2007 through 201...Read More

During the analyst conference call about the transaction, company executives said the purchase stands on the merits of the mine and its 60,000-hectare exploration package.Read More

(IDEX Online) - Blue Nile, the online jeweler acquired by Signet for $360m last August, is laying off 119 workers.Signet said it was consolidating operations to New York City and closing the Blue Nile fulfillment center in Seattle."As part of the integration of Blue Nile, we will be reducing duplicative fulfillment center services to centralize these services within our existing New York City fulf...Read More

This week's episode features Northern Miner Group president Anthony Vaccaro in conversation with host Adrian Pocobelli on this year's PDAC conference, geopolitics and precious metals. Anthony explains why government is better off funding processing facilities over mines, how China and supply chains are at the centre of the mining conversation, and why precious metals remain an attractive investmen...Read More

Every tech advancement that promises to significantly disrupt the economy is an implicit war with China. No bullets or bombs are let loose, but the stakes are just as high. China has been on a nonstop mission of economic imperialism for decades now. The communist leaders have sacrificed the social well-being of their citizens in exchange for unfathomable wealth. This drive can never be satisfie...Read More

CytomX Therapeutics, Inc. (NASDAQ:NASDAQ:CTMX) Q4 2022 Earnings Conference Call March 27, 2023 5:00 PM ETCompany ParticipantsChris Ogden - SVP of Finance and AccountingSean McCarthy - CEO...Read full newsRead More

BioNTech is more than a COVID vaccine developer. Read how its infectious disease vaccine platform and multi-layered oncology platform are clicking into gear.Read full newsRead More