Norwegian ferro-silicon producer Finnfjord Smelteverk will stop ferro-silicon production for two weeks from this weekend because of planned maintenance to its three furnaces, a source told Fastmarkets.The amount of production that will be lost is unclear, although output was down by about 3,500 tonnes when it carried out maintenance on one furnace in the third qu...Read More
Portside prices for both low- and high-grade manganese ore in China changed little over the week ended Friday September 11, with some alloy smelters retreating from the market after restocking to meet prompt production needs in the previous two weeks, market sources have told Fastmarkets.Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China, was 35.70 yuan ($5.24) pe...Read More
Kore Mining (TSXV: KORE; US-OTC: KOREF) has released the results of a preliminary economic assessment (PEA) for its wholly owned Long Valley gold deposit in California's Mono County, which suggests low costs, both in terms of the up-front capital required, as well as during operations.In a news release, Kore highlights how the PEA has the "potential to generate strong returns while being in full c...Read More
Tectonic Metals (TSXV: TECT; US-OTC: TETOF) has released the first set of drill results from the 2020 drilling campaign at its Tibbs gold project, located in the Goodpaster mining district, 175 km southeast of Fairbanks, Alaska and 35 km from Northern Star Resources' (ASX: NST) Pogo mine. The 27-hole, 3,202-metre drill program focussed on the Michigan zone, where a new high-grade mineralized str...Read More
Simon Taylor, managing director of Oklo Resources (ASX: OKU), has acquired 400,000 shares of the company.The Australia-listed company is advancing its flagship Dandoko gold project in Mali, 30 km east of B2Gold's (TSX: BTO; NYSE-AM: BTG) Fekola project and 50 km southeast of Barrick Gold's (TSX: ABX; NYSE: GOLD) Loulo project.At the end of August, the company reported assay results of 12 reverse c...Read More
This week's episode features BHP's "Building a Better World Climate Change Briefing" that was broadcast to the internet on Sept. 10. Led by BHP chief executive officer Mike Henry, the webcast revealed how the world's largest mining company plans to address the challenges of climate change, including concrete steps it's taking to reduce Scope 1, 2 and 3 emissions. The presentation also included chi...Read More
Calgary-based lithium developer E3 Metals (TSXV: ETMC; US-OTC: EEMMF) announced the discovery of a new lithium enriched aquifer in south-central Alberta. The lithium enrichment was discovered in the Nisku aquifer, and the company says sampled lithium grades ranged up to 75 milligrams per litre (mg/L).The Nisku is laterally extensive across the company's permit area and is located just above anoth...Read More
BHP (NYSE: BHP; LSE: BHP) has frozen the salaries of its key executives for the coming financial year, while paying chief executive officer Mike Henry US$6.1 million for the first six months on the job.In its remuneration policy section of its annual report, the world's largest miner said that Henry, who replaced former boss Andrew Mackenzie in January, owed most of its salary to short- and long-t...Read More
Fourteen, or nearly half, of the Toronto Stock Exchange's 30 top performers on the TSX30 2020 ranking are mining companies, TMX Group reported on Tuesday.The ranking showcases TSX's 30 top-performing stocks that represent sustained excellence over the long-term. Founded in 2019, the TSX30 ranks stocks based on dividend-adjusted share price appreciation over a three-year period.Mining companies in...Read More
Following last month's announcement by the Government of Saskatchewan to build a $31 million domestic rare earths processing facility, Appia Energy (CNSX: API; US-OTC: APAAF) has released the results of assays taken from its wholly owned Alces Lake REEs project in Saskatchewan. The 143 sq. km property is situated 30 km east of Uranium City in the Athabasca Basin of northwestern Saskatchewan.Speaki...Read More
Appian Capital Advisory's Atlantic Nickel has released the results from a preliminary economic assessment (PEA) of its wholly owned Santa Rita nickel-copper-cobalt mine in northeastern Brazil. Santa Rita, one of the largest open-pit nickel sulphide mines in the world, was acquired by the private equity firm from Mirabela Nickel in a bankruptcy process in 2018. Since open-pit operations restar...Read More
Central Asia Metals (AIM: CAML) has reported that tailings from its Sasa zinc-lead mine have leaked into a local river in North Macedonia.The leakage, discovered at 5 a.m. on Sept. 14, "was stopped soon after and nobody has been harmed," the company said in a statement, adding that "an investigation is now underway to ascertain the volume of leaked material as well as the root cause."The undergrou...Read More
Bloomberg Intelligence Strategist Mike McGlone explains why the price of gold could be headed for US$7,000 in the long-term.Read full newsRead More
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.VANCOUVER, British Columbia, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSXV: SGN) is pleased to announce it has closed the first tranche of a C$6 million offering as announcedRead full newsRead More
The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.Read full newsRead More
Our collective future requires clean air and our pathway to that environmentally-sound planet demands energy storage systems.Read full newsRead More
When the market for heavy-duty electric trucks is still nascent, what are other cost-effective and low-emission fuel options that fleets that run big vehicles are embracing?Read full newsRead More
PORTOFINO RESOURCES INC. is pleased to report it has received assRead full newsRead More
Steppe Gold Ltd. is pleased to provide an update on the exploratiRead full newsRead More
Bloomberg Intelligence Strategist Mike McGlone explains why the price of gold could be headed for US$7,000 in the long-term.Read full newsRead More