The funds, which are to come through an offering price of C$0.80 per share, are to be used to advance the company's Copper Creek and Contact Copper projects in the US.Faraday's share price on the Canadian Securities Exchange hit a record high of C$1 on April 26."I am pleased to see such strong demand across institutions and individual investors for our at-market financing, and I am delighted with...Read More

In this week's episode we take a closer look at Alcoa's earnings call and the subsequent stock price reaction downward. The call features Alcoa president and CEO Roy Harvey and CFO William F. (Bill) Oplinger, who discuss rising energy costs, leaving Russia, shipping challenges and ongoing environmental intiatives towards zero carbon smelters.All this and more with host Adrian Pocobelli.Music Credi...Read More

Big Ridge Gold (TSXV: BRAU; OTC: ALVLF) has released additional results from its 25,000-metre, Phase I exploration drill program at the Hope Brook project in Newfoundland and Labrador. Hope Brook is a former mine that produced over 750,000 oz. of gold between 1987 and 1997. First Mining Gold (TSX: FF) acquired the property in 2015, and Big Ridge currently has the right to earn an 80% interest by s...Read More

Sitka Gold (CSE: SIG; OTC: SITKF) has provided assay results of the first diamond drill holes completed during its 2022 winter exploration program at the district-scale RC gold project. The property comprises a land package of 376 sq. km within the Tombstone gold belt of Yukon.The exploration target at the RC project is an intrusion-related gold deposit system. Other intrusion-related gold deposi...Read More

Fission Uranium (TSX: FCU; OTC: FCUUF) has provided an update on the feasibility study slated to be completed later this year for its 100%-owned Patterson Lake South (PLS) project in the Athabasca Basin. The company reports that the field work for geotechnical, hydrogeological and metallurgical assessments are complete, and importantly, engineering and planning for the proposed mine are now well a...Read More

Australia's Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada's largest diversified miner, to develop the Loreto copper project in Chile.The asset is located 120 km north of Teck's Quebrada Blanca, the miner's main growth project, and it is surrounded by operations run by BHP (NYSE: BHP; LSE: BHP) and Cod...Read More

Copper Mountain reported a net loss of C$4.2 million on sales of $93.9 million. The company ended the quarter with cash and equivalents of $159.2 million. It also increased its all-in cost guidance for the year from to US$2.25 to US$2.75 per pound.The company produced 13.2 million pounds of copper, 5,135 ounces of gold and 55,993oz of silver in the quarter for 15.6 million pounds of copper equival...Read More

It seems that more and more commentators and political figures are calling for an increased U.S. role in Ukraine, even the deployment of ground troops.For example, Sen. Chris Coons of Delaware recently argued, "We in Congress and the administration [must] come to a common position about when we are willing to go the next step and to send not just arms but troops to the aid in defense of Ukraine.&#...Read More

Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (theRead full newsRead More

Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (Read full newsRead More

Share this article VANCOUVER - Paycore Minerals Inc. [CORE-TSXV] reported exploration drilling results from the 100%-owned FAD property in the Battle Mountain-Eureka gold belt in Nevada. Paycore common shares commenced trading on the TSX Venture Exchange today.Drilling highlights include the first hole drilled to test for near-surface mineralization intersected multiple mineralized horizons over...Read More

Share this articleTORONTO - Kinross Gold Corporation (TSX:K; NYSE:KGC) announced today that it has entered into a sale agreement with Asante Gold Corporation (CSE: ASE; FSE: 1A9) to sell its 90% interest in the Chirano mine in Ghana for a total consideration of $225 million in cash and shares. The Ghanaian government has a 10% carried interest in Chirano.Upon closing of the transaction, Kinross wi...Read More

Codelco said potentially interested companies must have the economic capacity and technology to undertake exploration and their future development.Read More

Its 90% stake in Chirano will be sold for a total consideration of US$225 million in cash and shares to Vancouver-headquartered Asante Gold Corporation.Read More

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Chile's Environmental Assessment Service (SEA) has recommended rejecting Anglo American's permitting application on...Read More

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Investors, if not their advisers, sense the longer-term challenges by selling sector leaders even as most investment...Read More

(IDEX Online) - India's polished diamond exports rose by almost a half during the year to the end of March 2021.Total gross sales were $24.2bn, up from $16.3bn year on year, according to the GJEPC (Gem and Jewellery Export Promotion Council), a dollar rise of 48.8 per cent. Rough imports for the same period were up by almost 74 per cent, from $10.9bn to $18.9bn, though the volume in cara...Read More

(IDEX Online) - Thousands of men, women and children in Sierra Leone are being paid as little as $0.65 a day to dig for diamonds.They're employed by "supporters" to seek out gems in opencast mines of the eastern Koidu region, using nothing more than shovels and sieves.Many turn to artisanal diamond mining in desperation, according to an Aljazeera news report, but face exploitation and human r...Read More

(IDEX Online) - Gem Diamonds reports a slight increase in quarterly revenue, up four per cent on Q4 2021 to $52.1m, and says it is confident about future prices.Revenue for the three months to the end of March 2022 was up 19 per cent on the same quarter last year.The UK-based miner sold 28,461 carats in Q1 2022, according to a trading update, compared to 24,790 carats in the previous quarter. ...Read More

Canadian national producer price inflation surged by 4% in March from the previous month, the country's statistics agency reported.Read More