Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has entered into an agreement with PolyMet Mining (TSX: POM; NYSE: PLM) to form the 50:50 joint venture New Range Copper Nickel to advance PolyMet's NorthMet project and Teck's Mesaba mineral deposit in northeast Minnesota.Glencore (LSE:GLEN), which owns about 70% of Polymet, will retain its majority interest in the company and provide financial s...Read More

Junior Kenorland Minerals (TSXV: KLD) has inked an earn-in agreement with Antofagasta (LSE: ANTO) that gives the Chilean miner an option to acquire a 70% interest in the Tanacross copper-gold project in Alaska.Antofagasta could become the project's majority owner by spending US$30 million on exploration over eight years and delivering a preliminary economic assessment on the asset, near the Yukon-...Read More

Chilean miner Antofagasta (LSE: ANTO) has lowered its full-year output target to 640,000-660,000 tonnes, after production was hindered from water shortages and a leak in an underground pipeline that transports concentrate from Los Pelambres.The miner said copper output in the second quarter of the year fell 6.5% quarter-on-quarter to 129,800 tonnes. For the half-year, it was almost 26% lower year...Read More

Africa-focused Gemfields (LSE: GEM; JSE: GML) warned on Wednesday that insurgents attacks are edging closer to its ruby mine in Mozambique's northern Cabo Delgado province but said operations had not been halted.An Islamic State-linked insurgency broke out in October 2017 in Cabo Delgado, a coastal province rich in natural gas reserves and host to an estimated US$60 billion worth of international...Read More

I began studying complexity theory as a consequence of my involvement with Long Term Capital Management, LTCM, the hedge fund that collapsed in 1998 after derivatives trading strategies went catastrophically wrong.After the collapse and subsequent rescue, I chatted with one of the LTCM partners who ran the firm about what went wrong. I was familiar with markets and trading strategies, but I was no...Read More

Meet the 1979 Comuta-Car...This example was once used by a local film production company, Spicer Productions, and resides today in the Baltimore Museum of Industry. The Comuta-Car was an updated version of a very similar electric vehicle called the CitiCar, which was produced from 1974-77. Despite looking like a Star Trek shuttlecraft, the CitiCar (along with ancestors the Comuta-Car and Comuta-...Read More

Share this articleVANCOUVER - Monarch Mining Corp. [GBAR-TSX; GBARF-OTCQX] reported the second set of results from its 2021-2022 drilling program on its 100%-owned Swanson gold project, located 55 km northeast of Val d'Or, Quebec. The Swanson property comprises a contiguous group of 127 map-designated claims and one mining lease covering an area of 5,125.8 hectares. The project is also located 50...Read More

Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsHSBC has cut its forecast for North American palladium output for this year to 785,000 ounces...Read More

Politics, inflation, falling metals prices and higher public spending are combining to stoke social tensions, limit economic growth and reduce the chances of economic reforms.Read More

The fatal accident involved a truck operator losing control of the vehicle at a dump.Read More

Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesNo-one, to be sure, wants a recession. But how much of the above is wishful thinking? After al...Read More

(IDEX Online) - India's gross exports of polished diamonds were $2.01bn in June, a dollar rise of 2.25 per cent on the same month last year.The figure for the three months from April to June was $6.27bn, a dollar increase of 1.09 per cent.Overall gross exports of all gems and jewlery were $3.2bn in June, a year-on-year dollar rise of 14.5 per cent, as India reaped the benefits of its Comprehe...Read More

(IDEX Online) - Richemont reported significant increases in its US and European sales in the three months to June, but a plunge in its revenue from China.The Swiss-based luxury company, that counts Cartier, Van Cleef & Arpels, Jaeger-leCoultre and Piaget among its 26 maisons, said total sales for the quarter were $5.27 billion, an overall growth rate of 12 per cent.Richemont reported 20 per ce...Read More

Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsThe big miner reported a strong June quarter, including a 25% jump in copper production, a 52%...Read More

This follows the bank's move to commit up to US$25 billion in foreign currency reserves from July 18 to the end of September to defend the value of its slumping peso currency.Read More

Under the renewed revolving credit facility, the interest rate paid on drawn amounts and standby fees will be adjusted based upon Wheaton's performance in three sustainability-related areas.Read More

Asante Gold (CSE: ASE; US-OTC: ASGOF) has increased its Ghana-based Bibiani gold mine's measured and indicated resources by about 26% to 2.3 million ounces and improved its mine life from six years to 8.3.The latest technical report, which the company says has been "prepared to the level of confidence of a prefeasibility study," is an update to the project's feasibility study filed in 2018 and its...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the US$7 billion Reko Diq copper-gold deposit.The agreement in principle sets a partnership between Barrick, the Balochistan provincial government (where the project is located) and Pakistani state-owned enterprises, the company said on Tuesday.The operation wil...Read More

Tudor Gold (TSXV: TUD) has delivered new, high-grade gold results from its 2022 exploration program at its flagship property, Treaty Creek, located in the heart of British Columbia's Golden Triangle. The program began in early May, with 30,000 metres of diamond drilling planned.The new drill results reported are from eight diamond drill holes, four of which were drilled at the Goldstorm deposit, a...Read More

This week's landmark 300th episode features a close-up look at several bellwether mining stocks with host Adrian Pocobelli. Have mining stocks double-topped? Why do the top mining companies by market cap have double-digit dividends? Should mining stocks be held for long periods of time? Gain greater insight into some of the surprising numbers of the world's biggest mining companies in this week's...Read More