Altiplano president and CEO Alastair McIntyre said the facility was completed within the company's financial expectations while it did encounter several timeline challenges amid the Covid-19 pandemic.The El Penon processing facility is about 15 kilometres from Altiplano's Farellon copper-gold mine near La Serena."Processing of stockpiled material currently stored at the El Penon site has begun as...Read More
Argonaut Gold (TSX: AR) has entered into an agreement with banks and financial institutions to issue 434 million common shares to help it finance the final construction of its Magino gold mine in Ontario.Argonaut's 100%-owned Magino mine is an underground, past-producing project located about 40 km northeast of Wawa. Construction to bring mine back into production as an open pit operation has been...Read More
E3 Lithium (TSXV: ETMC; US-OTC: EEMMF) has started drilling a brine production well - which it says is Alberta's first - for evaluating lithium in its Clearwater project.The well, located east of the town of Olds, will provide the company with data such as brine chemistry, lithium concentrations and the reservoir characteristics of the project, which E3 plans to use to upgrade its resource estimat...Read More
Chile's Environmental Assessment Service (SEA) has rejected the environmental impact assessment for Rio2's (TSXV: RIO; US-OTC: RIOFF) Fenix gold project in the Atacama region. The SEA's report notes that while Fenix meets the environmental regulations and requirements, it didn't provide enough information on how it aims to eliminate the "adverse impacts" that the project will have on the area's w...Read More
Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the U.K., has secured another ?9 million (US$11 million) from metals-focused investment company TechMet to help fast-track its lithium projects in the homeland.The amount corresponds to the second tranche of an ?18 million (US$22 million at today's exchange rate) funding package agreed with t...Read More
Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) said on Friday that its Stillwater platinum mine will remain halted for four to six weeks, as the company works on repairing damage caused after widespread flooding in Montana.Following an initial assessment of the impact of weather-triggered inundation and mudslides, Sibanye-Stillwater said that its operations were largely unaffec...Read More
Rio invested C$25.6 million in the junior to take a 7.8% stake in 2021 to fund an 18-month work programme geared towards completing a technical work programme to get the major comfortable with potentially buying the junior.Casino is a large, at surface open pit deposit which could sustain production for decades, including a high-grade starter pit, which could see the multi-billion project developm...Read More
I've been talking about hypersonic weapons for years now, but I've never received more questions about them than I have these past few weeks. It took me a while to figure out why, but eventually someone told me that Tom Cruise takes a joyride in the opening scene of this summer's blockbuster movie Top Gun: Maverick.I'm not a movie-goer myself, but I did watch the scene and I will concede that it...Read More
With so much going on with the war in Ukraine, skyrocketing inflation, looming food shortages and more, it's easy to overlook the elites' ongoing war on cash.But that's a serious mistake because it has serious implications not only for your money, but for your privacy and personal freedom as you'll see today. My view is that the war on cash is dangerous in terms of lost privacy and the risk of gov...Read More
Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) (Read full newsRead More
Share this articleVANCOUVER - Patriot Battery Metals Inc. [PMET-CSE, PMETF-OTCQB, R9GA-FSE] shares rallied Thursday after the company released results from the last four drill holes to be reported from the 2022 winter drill program at the Corvette - FCI gold-copper-silver-lithium project in the James Bay Region of Quebec.The results include some of the strongest drill intersections to date, includ...Read More
Toronto-listed Osisko Mining is on course to provide an updated mineral resource estimate for its Windfall gold project in Canada in the fourth quarter.Read More
The firm on June 21 announced it had secured surface rights from local Mexican authorities for Cerro de Oro.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningThe new finance is from the Bipartisan Infrastructure Law and is aimed at funding new research o...Read More
The company has received a binding commitment letter from a syndicate of lenders for a six-year, US$200 million loan and a three-year US$50 million revolving credit facility for a total debt limit ofRead More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesCodelco typically has to pass its profits to the national treasury and request funds from the national budget, whic...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesExcited by forecasts of strong long term metal demand growth and indefinite supply shortfalls, miners have been pos...Read More
(IDEX Online) - Gemfields says it sold rough rubies worth $95.6m at its latest online auction, setting a new company record.The London-based ruby and emerald miner described the results as "glittering", despite failing to sell a single lot that accounted for almost a quarter of the total weight of rubies sold.The rubies were all extracted by Montepuez Ruby Mining (MRM) which is 75% owned by Gemfie...Read More
(IDEX Online) - The Angolan government now has majority stake in Catoca, the world's fourth biggest diamond mine.It transferred part-control from Chinese investors LLI International after a ruling by the attorney general, and it now holds 59 per cent of its shares.The remainder are held by Alrosa, the Russian miner, although it is exempt from US sanctions because it owns under 50 per cent.The...Read More
Recent drilling successes at Filo del Sol have raised industry expectations that Filo del Sol could be a major regional copper resource and developed alongside nearby projects in VicuñaRead More