Canada's Eldorado Gold (TSX: ELD; NYSE: EGO) hasn't altered its 2022 production guidance of 460,000-490,000 oz. of gold untouched, despite reporting that higher-than-expected absenteeism due to the Covid-19 Omicron variant hit output in the first quarter. Gold production in the first three months of the year fell to 93,209 oz., from 111,742 oz. in the same period last year and from 122,582 ounces...Read More
Chile's crown as the world's largest producer of copper is at risk as the country's output continues to be lower than expected despite the billions of dollars invested in new projects in the past 18 years, BMO's Colin Hamilton warned on Thursday.The commodities analyst noted he had received several questions over the past week about the weakness in Chilean copper output year-to-date, as first quar...Read More
As the world transitions away from fossil fuels to electrified transportation systems and energy networks, new deposits of the minerals required for a low-carbon future will need to be discovered and developed. Here is a list of eight companies exploring for these minerals, which include lithium, cobalt, graphite, and nickel. ARGENTINA LITHIUM & ENERGY Argentina Lithium's Incahuasi project in th...Read More
Following short on the release of a resource update that tops 3 million oz. gold across all categories on the flagship Douay project in Quebec, explorer Maple Gold Mines (TSXV: MGM; US-OTCQB) believes it is reaching critical mass as it looks to drill test other underexplored zones, president and CEO Matthew Hornor says (watch the attached video interview).The Douay project in the Abitibi Gold Belt...Read More
There is nothing better at burying bad news than even worse news.A whole bunch of politicians are breathing a sigh of relief for just that reason.Remember when there was a lot of talk about tightening up insider trading rules for members of Congress, their families, and staff?They're pretty sure you don't. And from the look of how coverage has fallen out of news feeds, odds are good that a large m...Read More
March 31, 2022 / Usha Resources Ltd is pleased to announce that it has entered into a mineral property option agreement (theRead full newsRead More
TRU Precious Metals Corp. announces preliminary results of its Induced Polarization survey at the Company's flagship Golden Rose Project.Read full newsRead More
The military junta that took control of Guinea in September is heaping pressure on multinational miners to refine raw bauxite, a raw material used to make aluminium, to more advanced materials before export.In a recent research note released by CRU Group's senior analyst, Anthony Everiss, the junta has asked the companies to present the mines ministry with proposals by the end of May with a precis...Read More
Share this article VANCOUVER - Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] said its Nevada Gold Mines operation is investing in a 200-megawatt solar power plant designed to accelerate its decarbonization program by reducing greenhouse gas emissions. No cost details were revealed in Wednesday's press release.Nevada Gold Mines, established in July 2019, is owned 61.5% and operated by Barrick Gold. Newm...Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSORED The sale equates to a price of $8.39 per share, a circa 9% premium to its trading price this week, with the buyer being an Eric Sprott-...Read More
The company shipped natural uranium concentrates to the Metropolis Works uranium conversion facility in Metropolis, Illinois for conversion into uranium hexafluoride which will be enriched and used asRead More
NGM is partnering with First Solar to manufacture the modules required to support the 200MW construction and expects to begin construction in the September quarter of 2022.Read More
The $4 billion first phase would install a 40 million tonnes per year operation, which could be expanded in year five to 80Mpty following an additional $3 billion investment.Read More
(IDEX Online) - Diamond manufacturers in India have cut their output, reduced working days from 12 hours to eight and are closing factories for two days a week as US sanctions on Russian diamonds begin to bite.The vast majority of the world's diamonds are cut and polished in Surat, but only about 10 per cent of Russia's diamond output is imported directly.Last week the US added Alrosa, t...Read More
)IDEX Online) - One of the world's largest yellow diamonds - weighing 205.7-ct and known as the Red Cross Diamond - is to be auctioned by Christie's London.The fancy intense yellow, cushion-shaped stone (pictured) has a pavilion distinctively faceted in the shape of a Maltese cross.The original rough gem was recovered by De Beers, in South Africa, in 1901 and was sold in 1918...Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDOpponents of the project filed a legal complaint in 2020 and the case was heard last year.Read More
Canadian potash upstart Gensource Potash Corporation (TSXV: GSP; AIM: GSP) has reached a binding agreement to buy the outstanding equity of Innovare Technologies, a privately-held developer of patented selective solution mining and brine processing technology to recover potash and other soluble minerals.The deal, which values Innovare at US$11.5 million, is a strategic initiative by Gensource to c...Read More
It is said that to produce any good, what cannot be grown must be mined. By this token, governments and the general public tend to conveniently forget that the energy revolution and, by extension, the global effort to reduce anthropogenic carbon emissions depend squarely on the abundant and reliable supply of critical metals mined from the ground. With the recent release of the Canadian federal g...Read More
Nevada Gold Mines (NGM) is investing in a 200-megawatt (MW) solar power plant designed to accelerate its decarbonization program, in line majority owner Barrick Gold's (NYSE: GOLD; TSX: ABX) Greenhouse Gas Reduction Roadmap.NGM has entered a partnership with Arizona-based First Solar to manufacture all modules required to support the 200 MW plant, entirely in the United States. NGM has already co...Read More
Constantine Metal Resources' (TSXV: CEM) flagship Palmer property in southeast Alaska has been given a budget of US$18 million for its upcoming work program. Palmer is an advanced stage copper-zinc-gold-silver exploration project with road access and located within 60 km of the deep sea port at Haines.The joint-venture project with Dowa Metals & Mining currently hosts resources at the Palmer and...Read More