The CBC consortium won a tender process, which also involved participants from the USA and Russia.Read More

We've all heard about how the dollar's days as the world's leading reserve currency are numbered. Much of the world wants a new monetary system that isn't based on the dollar.The U.S. weaponization of the dollar against nations it deems hostile, like Russia, has only intensified the calls for change. What exactly will replace the dollar standard is a matter of debate, but many agree that it's just...Read More

Following an attack on Jan. 20 that set on fire a worker housing area, Glencore (LSE: GLEN) announced that it has halted operations at the Antapaccay copper mine in southern Peru.In a media statement, the company said that the incidents endangered the safety of its employees and, therefore, authorities should start taking action to safeguard people's integrity and private property rights. Accordi...Read More

The stock had several record closes earlier this week before easing mid-week.Shares rose as high as $50.09 and closed 0.5% higher at $49.95, giving it a market capitalisation of $253 billion.The stock has been buoyed by a positive start to the year for the key commodities it produces - iron ore and copper - due to China's reopening after the abandonment its strict COVID zero policy.BHP also report...Read More

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedWhether they'll work remains to be seen.Read More

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedAnalysts at Toronto-based Canaccord Genuity see miners Marathon Gold, O3 Mining, Probe G...Read More

Look beyond market approach to project valuations: van ZylLeadershipRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedThe stock had several record closes earlier this week before easing mid-week.Shares rose as high as $50.09 and c...Read More

The financing facility is with US-based investment manager Nebari. It consists of a $35 million senior secured first lien term loan and a $2 million equity investment.Read More

Shares in Toronto-listed Copper Mountain Mining and Nevada Copper Mining have gained 33% and 31% respectively so far this year on the gain in copper prices.Read More

Shawn Howarth, CEO of Excellon Resources, talks to Mining Journal about the company's recent acquisition of the past producing La Negra mine in Mexico.Read More

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedSome traders are already penciling in a price of $3750/t in the current recovery which h...Read More

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedPorgera has been suspended since April 2020 after the PNG government refused to renew it...Read More

Investment bank Canaccord Genuity is upbeat on the gold price and production margins as recession looms and the United States dollar retreats. It also picks Endeavour Mining (TSX: EDV; LSE: EDV; US-OTC: EDVMF), Kinross (TSX: K; NYSE: KGC) and Probe Metals (TSXV: PRB; US-OTC: PROBF) among its top Canadian equity performers this year.?EUR??EUR? The gold price may hit an average of US$1,862 per oz....Read More

Resolute Mining (ASX: RSG; LSE: RSG) has updated its resource estimate for Syama North-an area adjacent to the Syama processing complex and its Syama underground gold mine in Mali.The near-surface Syama North deposit contains measured and indicated resources of 19.17 million tonnes grading 3 grams gold per tonne for 1.86 million contained oz. gold. Inferred resources stand at 14.86 million tonnes...Read More

Vancouver-based Sitka Gold (CSE: SIG; US-OTC: SITKF) has outlined an inferred resource of 1.34 million oz. gold at its Blackjack and Eiger deposits, part of the RC project in the Yukon.The inferred resource for the Blackjack and Eiger deposits combined totals 61.11 million tonnes grading 0.68 gram gold per tonne and was based on a cut-off grade of 0.25 gram gold per tonne.The resource starts at su...Read More

Multinational Indian miner Vedanta Ltd. (NSE: VEDL) is selling its zinc assets to a unit of the company, Hindustan Zinc, in a US$2.98 billion all-cash deal.Vedanta Ltd. and Hindustan Zinc are part of the London-based Vedanta Resources group. According to Bloomberg Intelligence, Vedanta Resources has about US$900 million of notes due in the first six months of this year.In a filing, Vedanta Ltd. sa...Read More

The study, based on copper production forecasts, water consumption data and other factors, and a Montecarlo simulation, said water consumption will rise to 21.Read More

The lockdowns of March 2020 shocked the American people and most public health agencies, not to mention infectious disease doctors.The idea of school shutdowns, business closures, plus mandatory remote work and other restrictions have previously seemed inconceivable. It was especially remarkable to have such an "all-of-government" response to a virus that we already knew posed a threat mainly to t...Read More

The U.S. government once again hit its borrowing limit yesterday, forcing the Treasury to deploy "extraordinary measures" to avoid default. Of course, it's kind of hard to call those measures "extraordinary" when we're forced to take them every two years.Nevertheless, they'll last until sometime in June. That's when we'll hit the debt ceiling in earnest. And if we don't raise it to accommodate ou...Read More

Inomin Mines Inc. (TSXV: MINE), (Read full newsRead More