Applications for the 2022 Young Mining Professionals (YMP) Scholarship Fund are now open for students enrolled this coming September in an Earth Science or Mining Engineering program at a Canadian university. The value of the YMP Scholarship Fund, the largest mining scholarship fund in the world according to the YMP executive team, has grown from $12,000 when it was founded in 2018 by Stephen S...Read More
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper.Bank of America recently hosted its metals and mining conference in Miami, which heard that weak near-term demand from China in March and April impacted all six sectors that matter for copper demand. Not a single demand driver expanded year-on-ye...Read More
Osisko Development (TSXV: ODV) has released the results from its preliminary economic assessment (PEA) for the Cariboo gold project in central B.C. The study, which examines a large, low-cost underground mine, was prepared by BBA Engineering.The Cariboo mine is to be a phased development, averaging 75,000 oz. per year to begin and expanding to 286,000 oz. annually after four years. The base case c...Read More
Four out of the eight miners who have been missing since Trevali Mining's (TSX: TV) Perkoa mine in Burkina Faso was hit by flash floods last month, were found dead, the company reported on May 25. The rescue team discovered the bodies of the four workers, the company said, without providing more details. The search for the remaining four workers will continue, it added. Six out of the eight men...Read More
Location is key for success in many undertakings. In real estate it is the only consideration.In gold exploration, the best location to look for is where there are other gold deposits and mines. There are several hot spots in Canada such as Ontario's Red Lake Gold District, the Abitibi Greenstone Gold Belt in Quebec or the Golden Triangle region in British Columbia. Merger and acquisition activit...Read More
Canada's Hudbay Minerals (TSX, NYSE: HBM) has scored a small but key win in the United States after an Arizona judge ruled in favour of the company's planned Copper World mine.The ruling dismissed a pair of lawsuits filed by three Native American tribes and a coalition of environmental groups, which aimed to stop ongoing work on Copper World.Their attempt was based on a separate ruling earlier th...Read More
The company expects to add to its $10.5 million of cash and equivalents as its revenue profile ramps-up this year from a 1% net smelter returns (NSR) royalty on Monarch Mining's Beaufor development project and a 2-3% NSR on the Canadian Malartic mine, both in Quebec, Canada.The company reported record revenue of $600,000 in the quarter to March 31, and despite posting a net loss of $2.4 million, d...Read More
Location is key for success in many undertakings. In real estate it is the only consideration.In gold exploration, the best location to look for is where there are other gold deposits and mines. There are several hot spots in Canada such as Ontario's Red Lake Gold District, the Abitibi Greenstone Gold Belt in Quebec or the Golden Triangle region in British Columbia. Merger and acquisition activit...Read More
Back in October, Tesla (NASDAQ: TSLA) announced it would be changing the type of battery the company uses in its standard-range electric vehicles.And the switch to this new type of battery has created a truly unique investment opportunity.Tesla's Big SwitchFor its standard-range EVs, Tesla has been using a type of lithium-ion battery that employs a mixture of nickel, cobalt, and aluminum as the ca...Read More
FPX Nickel CEO, Martin Turenne, joins Trevor Hall to discuss the drilling campaign slated for next month which looks to expand the Van Target discoveries made last season. Martin also shares some thoughts on the latest nickel market developments. Read full newsRead More
Share this article VANCOUVER -Karora Resources Inc. [KRR-TSX, KRRGF-OTCQX] shares rallied in active trading Tuesday after the company said a second declined at Beta Hunt gold mine in Australia is tracking on cost and ahead of schedule.The estimated completion time has now been brought forward to the first quarter of 2023 from mid-2023.Karora shares advanced on the news, rising 10.4% or 50 cents...Read More
Share this article VANCOUVER - Sierra Madre Gold and Silver Ltd. [SM-TSXV, SMDRF-OTCQB] has released the first three holes of its maiden drilling program at the La Tigre gold/silver project in the State of Nayarit, Mexico.Drilling highlights include 32 metres of 1.05 g/t gold equivalent (AuEq) in hole LTDH003 at the El Tigre Mine target, including 4.00 metres of 3.04 g/t AuEq, and 4.45 metres o...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe supply agreements secure the supply of equipment, parts and labour, as well as equipment pricing for the primary fleet until December 2024, and d...Read More
On a grade-thickness basis, hole 55C comes in 1,779.5, a sizable lift from the previous best hole of 1,492.6 in hole 54, and almost twice the next best hits reported by other countries, and three or four times better than the other top 10 drill hits in the Americas."From a grade-thickness perspective, hole 55C is the best hole ever drilled at Filo del Sol," said Filo Mining president and CEO...Read More
S&P Global Rating's decision to drop Tesla from its S&P 500 ESG Index while retaining oil and gas giant ExxonMobil - and Musk's subsequent outrage at this apparent contradiction - may beRead More
Toronto-listed Seabridge Gold has reached a "contribution agreement" with the Liard First Nation (LFN) for the firm's 3 Aces gold exploration project in Yukon, Canada.Read More
Analysts welcomed the move as Arena's Sal de la Puna project is adjacent to Lithium Americas' recently acquired Pastos Grandes project, both of which are located in the Pastos Grandes basin in SaltaRead More
The group stopped a train operated by FCAB on Saturday near Lata to the southeast of Antofagasta and stole copper cathodes using trucks equipped with cranes.Read More
(IDEX Online) - Jeweler Stephanie Gottlieb has created a one-off popcorn-shaped diamond engagement ring. The 3.66-carat VVS-clarity natural stone was specially cut from an 11-carat rough diamond and set in simple yellow gold "bathtub bezel".It is designed to intensify the hue of the stone, which has been graded as Y-Z - near to fancy yellow on the official GIA color scale."The idea was...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmg A former broker explained how at one time major European trading houses weren't averse to quietly withdrawing copper from LME warehouses only t...Read More