A planned 3,500-meter spring surface exploration drill program has started, with a focus on targeting the interface between the planned open pit and the down plunge zone at Umwelt, the firm said in aRead More
Via the website https://www.opencodelco.cl/ the company details patents it holds related to underground mining, crushing and preconcentration, electrowinning, pyrometallurgy and flotation.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperBoth miners have acquired minority stakes in SolGold which controls the enormous Cascabel copper-gold...Read More
(IDEX Online) - US sanctions on importing rough diamonds from Russia do not apply to stones mined there but cut and polished elsewhere, according to the Jewelers Vigilance Committee (JVC).The ban, announced last Friday, covers "unworked or simply sawn, cleaved or bruted" diamonds, or what generally referred to as "rough diamonds", but does not extend to gems polished in other countries.The Office...Read More
(IDEX Online) - De Beers issued a brief statement following the imposition of US sanctions on Alrosa, its biggest rival, assuring retailers they could buy from them "with confidence".The UK-based miner gave assurances that all its diamonds were from Botswana, Canada, Namibia or South Africa.An executive order announced by US president Joe Biden last Friday prohibits the importation of rough...Read More
Measured and indicated contained copper at Carmacks was increased by 43% from its last previous resource estimate issued in 2018.Read More
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released additional results from last year's drill program at the Monique property, part of the company's district-scale Val d'Or East project in Quebec.These included 71 holes from the 2021 resource expansion and infill drill program, which revealed new gold mineralization along strike and at depth to the east, southeast and south of the former Monique...Read More
The London Metal Exchange (LME) will resume trading nickel contracts at 08:00 London Time on March 16, the exchange announced, and it will set daily price limits in either direction for all base metals. The LME was forced to cancel nickel trading on March 8 following an abnormal 250% price spike triggered by Western sanctions against Russia that pushed the price of the metal above a record US$1...Read More
Power Nickel (TSXV: PNPN; US-OTC: CMETF) has announced drill results from its Nisk nickel sulphate project near James Bay in Quebec, which the company expects to become one of the "greenest ESG mines" in the future. The drill results have "confirmed" the presence of "high-grade nickel mineralization" in the central portion of the Nisk Main zone, the company said. Highlights from the drill re...Read More
Stuhini Exploration (TSXV: STU) has completed a pit-constrained mineral resource estimate for the Ruby Creek molybdenum deposit located 35 kilometres east of Atlin in British Columbia. The resource estimate was undertaken by Mine Development Associates (MDA), a division of RESPEC, and according to its calculations, Ruby Creek contains pit-constrained measured and indicated resources of 432.99 mil...Read More
Operations at Southern Copper's Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company's access to a water reservoir and other key supplies, the country's mining and energy industry body has revealed.The blockade began on February 28, when Southern Copper made the decision to replace a 50-year-old water pipe that supplies nearby communities.According to Raul J...Read More
This week's episode features Access Mining managing partner George McLeod in conversation with Northern Miner Podcast host Adrian Pocobelli on the Russian invasion of Ukraine, the potential boomerang impact of sanctions, and which metals are most likely to be impacted by the conflict.George McLeodGeorge McLeod is a Southeast Asia specialist who has worked in the region for 12 years. He served as P...Read More
For more than a century, Canada has been the global leader in capital formation for the mineral exploration and development industry. However, in the wake of modern demand for niche technology minerals, a general underperformance in mining equities and dwindling investor interest, the mining finance sector needs to innovate to help keep its participants engaged and keep them from considering listi...Read More
What we're seeing now is the very definition of volatility. The market's in a highly unstable state right now. These violent swings show the inadequacy of the standard models that the Fed and other mainstream analysts use.The Fed assumes so many things about markets that are simply false, like that markets are always efficient, for example. They're not. Under volatile conditions like these they ga...Read More
Today is March 15 - the ides of the month."Beware the ides of March," the soothsayer warned Julius Caesar... presciently. Should investors likewise beware the ides of March?Today and tomorrow the Federal Reserve's Open Market Committee - so-called - huddles at Washington.These are the questions presently hanging in the air:Will Mr. Powell and his mates finally push the federal funds rate up from z...Read More
Share this article TORONTO - Rio Tinto Rio Tinto Plc [RIO-NYSE] said Monday it has made a non-binding proposal to acquire the 49% stake in Turquoise Hill Resources Ltd. [TRQ-TSX] it does not already own for US$2.7 billion.Under the all-cash proposal, Turquoise Hill minority shareholders would receive $34 per share, an amount that represents a 32% premium on the last closing price of the shares on...Read More
The drill hole targeted the down dip extension of a steeply dipping, structurally controlled mineralised zone and intercepted 8.6m grading 5.10 grams per tonne gold and 24.85g/t silver within 17.Read More
As part of the financing, a four-person technical advisory committee will be formed with two members from each company, to advise on the upcoming drilling programme at the high-grade zone within theRead More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIn consideration for the loan, Bluestone has issued 150,000 shares and will issue an additional 4,000...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperRussia and Ukraine account for 29% of global wheat exports and 19% of maize exports, but Simpson said...Read More