Chinese warplanes have crossed the median line of the Taiwan Strait on a daily basis since Nancy Pelosi made her breezy little visit to the embattled island.On average, seven Chinese warships appear on the horizon each day, cruising by to send a message.That message: We own you.It's not one Taiwan or its president Tsai Ing-wen can accept.So they've begun to retaliate.Earlier this week, Taiwan fire...Read More
The classic movie Gold Diggers of 1933 featured a song-and-dance number called "Remember My Forgotten Man."The movie was ostensibly about how farm girls who moved to the city and faced economic depression would do whatever it took to get along. That was the theme of the opening song, "We're in the Money," the lyrics of which are truly hilarious once you understand the point.But the deeper theme wa...Read More
VANCOUVER, British Columbia, Aug.16, 2022(GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) ("Rover" or the "Company") is...Read full newsRead More
Share this article TORONTO - Aston Bay Holdings Ltd. [BAY-TSXV; ATBHF-OTCQB] reported the first assay results from drilling at the company's high-grade Storm Copper Project on Somerset Island, Nunavut. This is the maiden drilling program for American West Metals Limited who are the project operator, since entering an option agreement with Aston Bay in March 2021.Highlights include drill hole ST22...Read More
The two firms announced on September 1 that they had reached an agreement in principle for a US$3.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThis resulted in the delivery of lower grade or to the mill, which negatively affecting recoveries and concentrate grades, the company's CEO Ralph Shearing said."In addition, the mine installed a copper recovery...Read More
The company said the facility, which is led by National Bank Financial, features more favourable covenants, lowers the margin of borrowing, and extends the term to 25 August 2025 from 29 March 2024."With this facility and ongoing free cash flow generation from our Eagle River mine, Wesdome maintains significant financial liquidity and flexibility as we look towards ramping up Kiena in the near ter...Read More
Mining firms, including those in the copper, lithium and nickel sectors, have faced regular delays in securing environmental approvals and other permits to develop new mines in the US, especiallyRead More
US President Joe Biden's Inflation Reduction Act, signed into law on August 16, is also expected to support the North American uranium and nuclear sectors through US$30 billion in tax credits over 10Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDLast week's ‘From the Capital' column discussed the link between movements in the prices of gold companies with established production and the price of the metal itself.Read More
McEwen Copper said it is well-funded to advance its Los Azules project in San Juan, Argentina—which is expected to see the completion of an updated preliminary economic assessment early next year and an initial public offering during the first half. As part of the deal, however, the IPO, or any liquidity event, is not to take place until after 31 March."Los Azules is among the largest undeve...Read More
(IDEX Online) - There were significant losses among rounds, as the war in Ukraine enters its seventh month. A more mixed picture among fancies. Indian manufacturers are still filling the supply gaps, especially small goods, by switching to lab growns. However Alrosa is reportedly selling $250m of rough a month despite sanctions, circumventing dollar restrictions by accepting rupee payments. Alrosa...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"Meeting the challenge of the demand for energy transition minerals could imply an exacerbated extractivism for Colombia.Read More
(IDEX Online) - Members of the IDEX diamond trading network can now search, buy and sell Lab Grown diamonds online for the first time. The new feature has been introduced as part of IDEX's Guaranteed Diamond TransactionsTM, the fully automated online diamond trading service. All Lab Grown diamond listings are uploaded in separate inventory files to assure no confusion with natural diamon...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio already owns 51% of Turquoise Hill and in March bid C$34 per share for the remaining shares it didn't hold. Turquoise Hill rejected that offer and Rio returned last week with a $40 per share bid.Read More
Credit rating firm Moody's Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand.Essential commodities affected include gold, silver, steel, aluminum and copper, as slack demand dents global growth momentum."China is a major consumer of base metals, coal and iron ore, and the largest steel p...Read More
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.Russell emphasizes the need for decarbonization strategies to become mainstream and incorporated into the industry's routine management, operating and...Read More
Copper is known by several monikers: The red metal for its colour; Dr. Copper because its price is a reliable economic indicator; and now, the "green metal" for its central importance in electrification. Below we highlight the top five copper drill results of the year so far (to Aug. 17), ranked by grade x width, as identified by data provider Mining Intelligence. Best copper drill results year...Read More
McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common shares priced at US$10 each.This financing tranche comprised a US$25 million investment by Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) copper leaching technology venture, Nuton, and US$1.9 million from other investors. This brings the...Read More
Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company's board approved construction."The company's decision to proceed with construction of the Valentine Gold project considers the impact of almost two years of market inflation on the project's costs, as well as a necessarily cautious approach to project management, contin...Read More