A conversation with Sue Ennis VP of Corporate Development and Ronnie Yu HUT8 Head of Power. We discuss recent comments made by Kevin O'Leary about bitcoin mi...Read full newsRead More
FPX Nickel (TSXV: FPX; OTC: FPOCF) is in the process of completing an internal scoping study to further evaluate the option to [...]Read full newsRead More
Share this articleVANCOUVER - Pure Gold Mining Inc. [PGM-TSXV] on Friday announced details of an agreement with Sprott Resources Lending that will provide the company with additional liquidity while it works to overcome operational challenges at its Red Lake, Ont., gold mine.In Friday's news release, the company also provided an operations update and said director Mark O'Dea will assume the role o...Read More
The project is expected to yield an after-tax net present value of US$412 million at a 5% discount rate and a 27% internal rate of return at a $1,700/oz gold price and $21.50/oz silver price.Read More
A low-carbon electricity grid, and the electrification of almost all transport and industry, will need to take place on an eye-wateringly tight timeframe if the terms of the legally-binding ParisRead More
The additional credit facility matures on September 30 and accrues interest at a rate of 14% per annum.Read More
Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixHistoric assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe scale of transformation in the industry, for Africa and the world, since February 2020, is hard to compreh...Read More
In a close vote, the report and its 52 articles was rejected by five votes and returned to the Committee for further revision.Read More
The reform, approved in a record two days, defines lithium as a strategic mineral with the state having the exclusive right to explore, exploit and use lithium, despite the state lacking the abilityRead More
But behind the surge in earnings there remain deep seated challenges for the sector, including the cost and availability of electricity delivered by state-owned Eskom and a deterioration in key railRead More
It's a year of many firsts for Australia's Vital Metals (ASX: VML; US-OTC: VTMXF) and its rare earth elements operation in the Northwest Territories. Following the establishment in 2021 of Nechalacho, Canada's first rare earths mine, Vital's Yellowknife-based subsidiary Cheetah Resources will this week ship its first load of mixed rare earth concentrate to a processing facility in Saskatchewan....Read More
Chile's constitutional assembly has rejected a proposal from the environmental committee seeking to tighten up rules related to the protection of the country's natural resources, which would have hit the mining sector if they became law.Among the changes suggested, there was one granting nature the status of a legal subject with rights, keeping environmental crimes free of any statutes of limitati...Read More
As mining booms, the industry is suffering from the employment consequences of earlier bear-market bites. Most of us are aware from an early age that every action has consequences. Adults learn that these outcomes might be complicated, and that not all are foreseeable. This is especially true when multiple independent corporate decisions are taken that come to have an impact at the global level...Read More
This week, Canada's Minister of Transport, Omar Alghabra, travelled nearly 5,000 km away from his base in Ontario to Yellowknife in the Northwest Territories, not to make a new announcement, but to promote elements of this year's federal budget tabled in early April that allocates a massive $3.8 billion to support the country's critical minerals sector. Standing in front of an Air Tindi plane at...Read More
Chile's Codelco, the world's largest copper producer, is developing a free-to-use platform for suppliers to calculate their greenhouse gas emissions (GHG), a service the company said is not currently available in the mining industry.The project, supported by the Inter-American Development Bank (IDB), the Alta Ley Corporation and the Association of Industrial Mining Suppliers (Aprimin), aims to me...Read More
At the time, president and CEO Diane Garrett, said the financing would be transformational for the company, as the funds will enable the company to continue advancing the metallurgical and processRead More
In the past 40 years, the median net worth of members of Congress has quadrupled - even when adjusted for inflation.Meanwhile the real median household income has improved by just 27%.In fact, more than half of the people serving in Congress are millionaires, representing less than 1% of the population.How did they get so rich?Well, it's not the salary...We know that because the annual salary of a...Read More
Did you catch the absolute frenzy about Elon Musk's proposed takeover of Twitter? Employees at Twitter were falling on their fainting couches repeatedly.The Washington Post warned of the grave danger to democracy.Now think about this. This is a highly censored platform. They ban you for raising questions about vaccines. You are dinged for wondering a bit about Zelenskyy's war drums. They body-bag...Read More
Eight workers from Trevali Mining's (TSX: TV; US-OTC: TREVF) Perkoa zinc mine in Burkina Faso have been missing for five days as flooding caused by heavy rainfall in Burkina Faso on Apr. 16 disrupted operations, the company said. In an updated statement on Apr. 21, the company said that the eight workers were yet to be found and that the company had decided to suspend its production guidance for...Read More
Share this article VANCOUVER - Nevada Sunrise Gold Corp. [NEV-TSXV; NVSGF-OTC] reported intersecting lithium mineralization over significant widths in the inaugural drilling program at its 100%-owned Gemini lithium project, located in the Lida Valley basin in Esmeralda County, Nevada. Drilling began in the second week of March 2022 and concluded in the first week of April 2022. Two boreholes were...Read More