Between 1988 and 2008, the Eskay Creek mine in northwest B.C. produced about 3.3 million oz. gold and 160 million oz. silver, boasting the world's highest average grades of 45 grams gold per tonne and 2,224 grams silver per tonne. Almost a decade after it shut down due to high operating costs and a relatively low gold price, Skeena Resources (TSX: SKE, NYSE: SKE) acquired the property with th...Read More
ValOre Metals (TSXV: VO)?EUR?has doubled the mineral resource estimate for its 100%-owned Pedra Branca platinum group metals project in northeast Brazil with several zones within the property still open for expansion, the company said. The project's inferred resource totals 63.5 million tonnes grading 0.03 gram gold per tonne, 0.68 gram palladium and 0.36 gram platinum for contained metal of 61...Read More
I knew the number was going to be big - but I didn't know how big.But according to Bloomberg, President Biden plans to request $813.3 billion in national security spending - including $773 billion for the Pentagon - in the federal budget he sends to Congress on Monday, according to officials familiar with the plan.That would be a $31 billion, 4% increase from approved spending for the current fisc...Read More
European economies face the risk of a shortage of diesel, the preferred fuel for heavy industry, as sanctions on Russian energy threaten to disrupt imports while supply from elsewhere remains limited.Read full newsRead More
Some 2.8 million of the shares were acquired as a result of Barrick exercising warrants on March 23. Skeena received about $30.Read More
Share this article VANCOUVER - Skeena Resources Ltd. [SKE-TSXV, SKREF-OTCQX, RXFB-FRA] said it has received approximately $30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. [ABX-TSX, GOLD-NYSE].The warrants were originally issued to Barrick with an exercise price of $10.80 in October, 2020, in connection with Skeena's acquisition of a 100% interest of the Eskay Cre...Read More
The holes released today were designed to test both the open pit and underground resource expansion potential at Garrcon and confirmed gold mineralization over a strike length of 750m and width ofRead More
Preliminary results of tightly spaced underground drilling, geologic mapping and grade control sampling have confirmed the geological modelling and interpretation derived from surface drilling.Read More
"With a robust treasury now exceeding C$18 million, we are now fully financed to execute our goal of aggressively further de-risking the Zeus project," said Noram chief executive SandyRead More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The pre-payment facility is for an 18-month term, secured against t...Read More
Look beyond market approach to project valuations: van ZylLeadershipThe tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldSome 2.8 million of the shares were acquired as a result of Barrick exercising warra...Read More
Total indicated and inferred resources have risen by 42% to 30.1 million tonnes of lithium oxide, beating its target of increasing the resource to 24 million tonnes.Read More
Treasury cited Executive Order 14024 which authorised sanctions against "persons determined to be responsible for or complicit in, or to have directly or indirectly engaged or attempted to engage in,Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Venture Minerals is confronting a typical top of the cycle phenomen...Read More
(IDEX Online) - The British government today announced sanctions against Alrosa.It named the diamond producer as one of 65 new Russian businesses and individuals being sanctioned in a move to "to cut off vital industries fuelling Putin's war machine".A statement from Foreign Secretary Liz Truss (pictured) describes Alrosa as "the world's largest diamond mining company specializing in exp...Read More
(IDEX Online) - Young adults are more likely to buy a lab grown than a mined diamond, says new research.Forty-four per cent said they'd opt for a lab grown, compared to 32 per cent who said they'd buy a mined diamond. The remaining 22 per cent were unsure.Size and price were the key factors for Millennial and Gen-Z shoppers, according to market research company the MVEye, which quizzed 7...Read More
(IDEX Online) - Two thirds of Tiffany & Co employees have left the company since the LVMH buyout last January.The current workforce is "one-third original Tiffany staff, one-third LVMH veterans, and another equal share coming from outside both companies," says the fashion Bible WWD, after an interview with the jeweler's president and CEO Anthony Ledru.He said: "We are living in a fast-mov...Read More
(IDEX Online) - An extremely rare 8.82-ct fancy intense purple-pink pear modified brilliant-cut diamond, set in a platinum ring with two smaller stones, is to be auctioned with a high estimate of $6m.It is among the highlights at Christie's Magnificent Jewels auction in New York on 13 April.The Fuchsia Rose diamond (pictured) is certified by GIA as "VVS1 clarity, potentially Internally Flawle...Read More
The funds are being raised through a private placement with the Lind Global Fund II, LP, and is to comprise an initial C$3 million investment, followed by C$7 million of additional investments upon mutual agreement. For the initial C$3 million, Candente is to issue Lind convertible security with a value of C$3.6 million and a 24-month maturity date. The company will concurrently issue wa...Read More
The London-quoted equity of Atlantic Lithium (AIM: AAL) has more than doubled over the past 12 months after the company reported on March 24 a new resource estimate on the Ewoyaa deposit in Ghana had expanded the compliant resource base by 42%.Sitting within the company's Cape Coast Lithium Portfolio, the West Africa asset now sports a Joint Ore Reserves Committee-compliant indicated and inferred...Read More