Shares in the Brisbane-based, London-listed developer dropped last week on rumours of an unsuccessful capital raising. CEO Darryl Cuzzubbo confirmed the company tested the market.Read More

Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.In short, the report concludes the industry needs to build 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030 to meet global net carbon emissions goals.Pressure on the supply of critical...Read More

Adventus Mining (TSXV: ADZN) has finalized a US$55-million offtake financing agreement with Trafigura for the construction of its 75%-owned El Domo-Curipamba copper-gold project in Ecuador. Of the total US$248-million estimated project capex, Adventus has now locked down US$235.5 million. The development is a joint venture with Salazar Resources (TSXV: SRL). The total US$235.5-million financing...Read More

BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a US$5-million loan from strategic investor B2Gold (TSX: BTO). The loan, which bears interest at 4.7% per annum and matures on Aug. 4, 2025, will be used for working capital."Given the current conditions in equity markets for the mining sector, we are p...Read More

Canada's Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia.The Montreal-based company currently estimates its base case incremental funding requirement at US$3.6 billion, up from the US$3.4 billion forecast by the end March.Turquoise Hill said the up...Read More

Anglo American (LSE: AAL) is planning to appeal a Chilean environmental commission's rejection of its $40-million operational continuity project for El Soldado copper mine, 125 km north of the capital Santiago.Despite having the backing of the country's top environmental evaluation authority, which recommended the project's approval, local regulator Coeva scratched last month El Soldado Phase V pr...Read More

When inflation started clobbering producers and consumers last year, the general feeling in the air was: This won't last long. After all, everyone in a position to know promised it was all transitory. Just one of those things that comes and goes before life gets back to normal.Gradually, we've come to see the light. There will be no rolling back those price increases in general. There will be decl...Read More

Nancy Pelosi gets to go home. She got a photo op, a ton of press, and, ironically enough, even some grudging kudos from Republicans who typically cast her as a communist archvillain. And then she left. She doesn't have to live in Taiwan, in the shadow of the dragon threatening to consume the small island. She has a mansion in San Francisco (one of the country's most out-of-control housing mark...Read More

Granada Gold Mines CEO Frank Basa joined Steve Darling from Proactive to share news the company is reporting the first rubidium mineral resource estimate at ...Read full newsRead More

Giga Metals (TSXV:GIGA) is a Canadian-based mineral exploration company with one of the largest undeveloped nickel-cobalt sulphide deposits in the world.Read full newsRead More

Share this articleVANCOUVER - Canagold Resources Ltd. [CCM-TSX, CRCUF-OTCQB, CANA-FRA] has appointed a new CEO and director following the resignation of Scott Eldridge.Following the completion of an executive search, the company said its board of directors has approved the appointment of Catalin Kilofliski as CEO and Mike Doyle as director. Both appointments took effect on August 3, 2022.On Thur...Read More

In a terse statement within its June quarter results, the company said the partners determined that the project does not currently meet their investment thresholds for development at this time.Read More

An update of the project by the firm revised go forward attributable initial capital spending to US$1.335 billion, higher than a previous estimate of $1.2 billion-$1.Read More

The Nasdaq-listed firm earned lower-than-expected royalty revenue from its Cortez, Voisey's Bay, Canadian Malartic and Robinson interests.Read More

Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDTwo quarters of contracting US GDP have triggered a debate about whether the world's largest economy is in the midst of a recession and whether the central bank needs to shrink demand still moreRead More

(IDEX Online) - Dozens of jewelry items and watches that Elvis Presley and other gave to his manager, Colonel Tom Parker, are being sold.The online auction, by Kruse GWS Auctions, in Los Angeles, runs until 27 August.Parker represented Elvis from 1956 until the singer's death in 1977 - and received more than half his income.The collection was considered "lost" for decades, but was assembled f...Read More

(IDEX Online) - Switzerland yesterday banned the importation of gold and other metals from Russia as the war in Ukraine continues.The government has outlawed the "buying, importing or transporting gold and gold products from Russia".Switzerland refines as much as 70 per cent of the world's total gold output and its watchmaking industry is a significant consumer.The country, traditionally take...Read More

(IDEX Online) - LVMH saw H1 revenue rise by 28 per cent, to $37.3bn, as Tiffany & Co. enjoyed an "excellent" half-year.The French luxury conglomerate said all its business groups achieved double-digit organic revenue growth over the period.Watches and jewelry grew by 16 per cent and they saw a 26 per cent increase in profit from recurring operations, up to $1bn for H1 2022."Tiffany & Co. e...Read More

Several Canadian-listed gold producers released second-quarter results after market close on Wednesday in what can perhaps best be described as a mixed bag.Vancouver-based major B2Gold (TSX, NYSE: BTO) posted a better overall cost profile than expected for the three months to June.Total gold production of 223,623 oz. gold, (including 14,765 oz. of attributable production from its 15.2% holding in...Read More

Torex Gold Resources (TSX: TXG) shares saw a nearly 15% bounce in trading today after the Mexico-focused miner posted second quarter results that beat analysts' expectations. The company produced a total of 123,185 oz. gold at its El Limon Guajes mine (ELG), in Guerrero state, putting it on track to meet its full year production guidance of 430,000 to 470,000 ounces. In spite of continued infl...Read More