Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF), citing significant investor demand, has amended the terms of its earlier agreement with a syndicate of underwriters led by Red Cloud Securities to increase the size of its public offering from $25 million to $45 million.Under the revised offering, the underwriters will purchase for resale the following equity securities of the company on a bought d...Read More
Skeena Resources (TSX: SKE) has received the final drill results from its 2021 regional and near-mine exploration programs at the Eskay Creek gold-silver project. This drilling was designed to follow up on the company's resource category conversion drilling performed in early 2021.The new results were highlighted by exploratory drill hole SK-21-997, which returned high-grade gold mineralization av...Read More
Toronto's Kinross Gold (TSX:K; NYSE: KGC) has poured its first gold bar since the restart of mining at La Coipa 1,000 km north of Santiago, Chile, in the Atacama region.Commissioning the mine and mill began in early February, on schedule and under budget. The plant is expected to reach full capacity by mid-year. Annual production is expected to be about 250,000 oz. of gold.Two years ago, Kinross g...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has reported a substantial increase in mineral resources at its Indin Lake property located 200 km north of Yellowknife, Northwest Territories, further demonstrating the potential for a future large-scale, higher-grade, open pit project in the district.Indicated resource for the open pit was 121% higher than its previous estimate, now standing at 46.4 milli...Read More
The company reported a highlight of 2m grading 43.73 grams per tonne gold and 24.Read More
Monumental Minerals (TSXV: MNRL) has signed a deal with Lithium Chile (TSXV: LITH; US-OTC: LTMCF) to have the option to acquire up to 75% of the Salar De Laguna Blanca project in northeastern Chile. Under the deal, Monumental will have to pay $1.5 million and spend the same amount on exploring the Laguna project within three years. Lithium Chile will also hold 9.9% of Monumental's shares. On...Read More
A couple months ago I was sitting in a room with a whole bunch of my peers, talking about the future. We were talking about yearly predictions, or at least what could be in store in the near future.I couldn't have been more wrong.Like so many, I discounted the idea of a European war. I also doubted that anyone would mess with their "bread and butter." Rich getting richer, moving past one of the m...Read More
Today we are dumbstruck. We are awestruck and thunderstruck...That is because we have witnessed a miracle of God. That is correct. Your editor has witnessed a miracle of God.We now know, despite all contrary evidence, that the living God is with us - even in this godless age.For what we have observed is no dime-store or magician's miracle - but an authentic miracle - true as gold, true as the star...Read More
Jeff Currie, Goldman Sachs head of commodity research, joins CNBC's 'Squawk Box' to break down nickel futures after the London Metal Exchange suspended tradi...Read full newsRead More
Surging raw materials costs, made worse by Russia's invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.Read full newsRead More
?EUR?A nation that can't control its energy sources can't control its future."- Barack ObamaRead full newsRead More
The indicated open pit resource is now 46.4 million tonnes grading 1.Read More
Highlights included 325.1m grading 0.42% copper equivalent from 15 metres downhole depth with the hole ending in mineralization, and 357m grading 0.Read More
The company reported an intercept of 1,177m grading 0.43% copper and 198 parts per million molybdenum, or 0.Read More
However, their reluctance to take advantage of strong cash flow generation to pay down debt saw the aggregate debt increase 12.4% to $18.Read More
Alma Metals seeks the future of copper in AustraliaSPONSOREDalma metalsBattery materials poised for another strong year in 2022SPONSOREDwood mackenzieShorrocks vies to repeat Bellevue, Auteco successes at CygnusSPONSOREDcygnus goldTrigg buoyed by scoping study, SOP priceSPONSOREDtrigg miningThe funding will allow further exploration, mineral resource expansion and drilling in Kitsault Valley locat...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherReports about the company are increasingly about its green credentials and the fact it has the highest exposure to energy transition metals than any of the majors.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherGeodrill hopes that a strong gold price and new contracts will see the good results continue through 2022. The Q4 net income stood at US$2.8 million, or $0.06...Read More
(IDEX Online) - Lucapa today announced a $9.1m investment that will allow it to speed up exploration projects in Angola and Australia, as diamond prices maintain their steep rise.The Australian miner also said it was exploring a strategic collaboration to sell goods from its newly-acquired Merlin mine directly to the luxury jeweler Margot McKinney.Stephen Wetherall, Lucapa's managing director...Read More
(IDEX Online) - Petra says like-for-like rough diamond prices rose by 46.5 per cent in the six months to December 2021 amid strong demand across all sizes and qualities.The UK-based miner today announced sales of $140.6m at Tender 4, an increase of almost 10 per cent on Tender 3. Last week it announced an interim figure for around 80 per cent of sales as it held Tender 4 in South Africa for t...Read More