Moneta Gold (TSX: ME; US-OTC: MEAUF) has delivered new assay results from 12 drill holes totalling 6,266 metres. These were completed during exploration drilling on new targets at its Tower gold project, located 100 km east of Timmins, Ont.Highlight of the batch was drill hole MGA21-012, which intersected 5.1 metres at a bonanza grade of 50.09 grams gold per tonne, including 1.0 metre at 251.0 gra...Read More
Shenzhen-listed Tianqi Lithium has raised about HK$13.5 billion (US$1.71) billion in a secondary listing on the Hong Kong Stock Exchange, according to the Financial Times.The British daily newspaper reported that South Korea's LG Chem, a diversified chemical company, was a "cornerstone" investor in the IPO, which saw Tianqi sell about 164 million shares at about HK$82 ($10.45) apiece.The share sal...Read More
Shares of Solaris Resources (TSX: SLS; US-OTC: SLSSF) rose 10% in Thursday morning trading after the company reported identifying three new copper-molybdenum porphyry targets, five skarn targets s and a high-sulphidation epithermal gold target near its Warintza project in southeastern Ecuador.Solaris is exploring the project with seven drill rigs in a bid to expand Warintza's mineral resource es...Read More
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit within the concession as well as extensions of the underground orebody.The West Africa-focused gold miner also said it had completed the first airborne geophysical survey in Egypt, which it described as a milestone for the c...Read More
A rising demand to participate in the revenues from natural resources, tougher environmental protection rules and changes to laws are increasing risks for mining and energy companies across Latin America, even in countries once considered safe investment destinations, a new study shows.According to the 2022 Latin America Mining Risk Index, published by consultancy Americas Market Intelligence (AMI...Read More
In this issue, we bring you our popular annual look at "Canada's Top Ten" - this year focused on Canada's biggest mining companies, precious metals juniors, and base metals and uranium juniors by market cap. From year to year, these lists don't usually see dramatic changes, with the biggest companies often shuffling up or down one or two spots.This year, however, our Top Ten base metals and uraniu...Read More
Across the globe the energy transition is boosting future demand projects for those metals crucial to the production of electric vehicles (EVs), wind turbines, solar cells and many other green technologies. Much focus has been placed on copper - the main element in wiring and other electronic components - but there is also a huge role to be played by the metal that serves as the glue that holds th...Read More
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Share this articleVANCOUVER - Brixton Metals Corp. [BBB-TSXV] shares rallied in active trading Wednesday after the company released the first batch of 2022 drill results from its 100%-owned Thorn Project, which is located in British Columbia's Golden Triangle area.The shares rose 4.3% or $0.005 to 12 cents on volume of 1.6 million. The shares are currently trading in a 52-week range of 24 cents an...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOrexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesTotal measured and indicated mineral resources stood at 4 million ounces (64.6 Mt at 1.Read More
The results come ahead of an expected pre-feasibility study for the mine in the third quarter of this year.Read More
(IDEX Online) - The Oppenheimer family - which sold its stake in De Beers for $5.1bn - has been granted an interim court order to halt gold exploration at its ranch in Zimbabwe.Nicky Oppenheimer (pictured), whose grandfather Sir Ernest Oppenheimer founded mining giant Anglo American, sought a high court injunction after a prospector's plane was spotted over the 65,000-hectare Shangani Ranch,...Read More
(IDEX Online) - Shanghai Diamond Exchange (SDE) is reporting a "surge in trading", with transactions worth $3.82bn from January to June of this year.That's an increase of 86 per cent on the same period in pre-Covid 2019. The pandemic saw China's diamond imports down by almost a half in 2020 and 2021.Lin Qiang, president of SDE, said: "The strong rebound of diamond import not...Read More
(IDEX Online) - De Beers will more than double the number of its stores in India, buoyed by a strong 2021 performance.The company reported positive consumer sentiment during the first half of 2022 and predicted similar success.De Beers India will increase the number of exclusive operative stores from 14 to 30, managing director Sachin Jain told PTI."The year 2021, the calendar year, was the best y...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesAsian Battery Metals AllianceSPONSOREDaranjin resourcesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAurania's president and CEO Keith Barron noted Wood's contributions over the past three years and his stewardship through the Covid-19 pandemic.He as a...Read More
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has released an integrated feasibility study for its Matawinie mine project and B?(C)cancour battery material plant, both in Quebec, that reported a higher capital expenditure than expected by BMO analysts.The projects are located within a 150-km radius of Montreal.According to the latest study, the Matawinie mine project is expected to produce an aver...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) believes that its Crawford project in northern Ontario contains the fifth largest nickel sulphide resource globally, after a new estimate released by the company on July 6 more than doubled the project's measured and indicated resource estimate.Its latest measured and indicated resources now total 1.4 billion tonnes grading 0.24% nickel and 6.59% ir...Read More
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada.The Toronto-based miner said that total measured and indicated mineral resources now stand at four million ounces (64.6 million tonnes at 1.90 grams gold per tonne), a 26% growth in ounces and over 10% increase in g...Read More
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi near Rouyn-Noranda, and is close to several gold deposits and operating mines in northwestern Quebec.This is the second time that the company has published a resource update since shifting its approach to the...Read More
The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation.Here's a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies' market capitalization as of June 9, as compiled by Mining Intelligenc...Read More