London-based multinational Anglo American (LSE: AAL) has reached an agreement with the Queensland government to supply all of its Australian power needs from wind and solar generation by 2025 and onwards.The 10-year deal will see Stanwell Corporation, a government-owned power utility, effectively remove all scope two emissions from Anglo American's steelmaking coal business in the country.Scope tw...Read More
Rock Tech Lithium (TSXV: RCK) released a prefeasibility study for its Georgia Lake lithium project in northern Ontario showing lower resource grades and a reduced net present value, while dropping a plan to build a refinery.The updated indicated resource comes to 10.6 million tonnes grading 0.88% lithium oxide, inferred resources of 4.2 million tonnes grading at 1% lithium oxide, the company annou...Read More
Troilus Gold (TSX: TLG; US-OTC: CHXMF) is selling a package of 1,824 claims covering 985 sq. km to Sayona Quebec, a subsidiary of Sayona Mining (ASX: SYA; OTC: SYAXF). The claims are adjacent to and near Sayona's North American Lithium (NAL) project that is returning to production early next year.Yesterday, Sayona offered details of its acquisition of the Vall?(C)e claims adjacent to NAL.In return...Read More
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Wednesday the strike announced by unionized workers at its Escondida copper mine in Chile for Nov. 21 and 23, was based on false accusations.A union at the mine, the world's largest copper operation, said workers were concerned for their safety as BHP had allegedly failed to comply with legal regulations and the current collective agreement....Read More
Newcrest Mining (ASX, TSX, PNGX: NCM) said on Wednesday it has resumed operations at its Brucejack gold-silver mine in Canada, which has been closed since late October following the death of a worker.Australia's largest gold producer said that during the three-and-a-half weeks Brucejack was suspended, it reviewed the operation to identify major hazards and corresponding critical controls to preve...Read More
This week's episode features Integra Resources CFO Andr?(C)e St-Germain in conversation with Northern Miner Group president Anthony Vaccaro at the Mining Legends Speakers Series in Vancouver. Andr?(C)e shares the lessons she's learned as an executive in the mining industry ("Don't invest your bonus in mining stocks"), as well as her views on how women can be better mentored in mining, and how movi...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) has extended the high-grade mineralization at the Puerto Del Aire (PDA) satellite deposit beyond existing reserves and resources of the Mulatos mine in Sonora state, Mexico.The company encountered the mineralization within a 200-metre gap between the PDA1 and PDA2 zones, highlighting the potential for further resource expansion. Many intercepts were well above the...Read More
I-80 Gold (TSX: IAU; NYSE: IAUX) has received promising results from the first four holes drilled to follow up the recently discovered Hilltop zone confirmed high-grade, polymetallic CRD (carbonate replacement) mineralization at the company's 100%?EUR'owned Ruby Hill property in Nevada.Highlighted results, all from the Upper Horizon area of the Hilltop target, include bonanza grades of 60.2 grams...Read More
Argonaut Gold (TSX: AR) on Tuesday reported the death of a contractor at its Magino project in northern Ontario.The company is working with authorities to investigate an isolated incident Monday morning at the mill's construction site, it said in a news release."The loss of this individual is a shock to us all," Larry Radford, Argonaut president and chief executive officer, said in the release. "W...Read More
West Africa-focused gold miner Centamin (TSX: CEE; LSE: CEY) unveiled on Tuesday that ore mining rate at its flagship Sukari gold mine in Egypt could grow by 31% if operations are expanded underground.Based on a report by Australian consultants Entech, Sukari's capacity has the potential to reach 1.5 million tonnes per year of total ore mined. This represents a 31% increase from the current life...Read More
Rich nations led by the U.S. and Japan have pledged to give Indonesia a US$20-billion package to help the coal-dependent country shift to renewable energy and reach carbon neutrality by 2050.The deal put forward by the Just Energy Transition Partnership (JETP), which includes the U.S., Japan, Canada, the U.K., the EU and several European countries, including and Norway, has been more than a year...Read More
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's top drill assay comes from Canada-based Skeena Resources' (TSX: SKE) Eskay Creek project in British Columbia. The company reported on Nov. 8 that hole SK-22-1122 returned an intercept of 24 metr...Read More
The government of Panama set on Monday a deadline for Canada's First Quantum Minerals (TSX: FM) to ink a long-awaited contract that allows the company to keep running its flagship Cobre Panama copper mine.The Vancouver-based miner and the Ministry of Commerce and Industries of Panama began negotiations to renew the contract for the mine in September 2021. An agreement was reached in January, when...Read More
NEAR MATAGAMI, QUEBEC- Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is in "advanced and detailed" talks with three potential acquisitions as it seeks to nearly double its contained gold resources, chief executive officer Matthew Hornor says. The Vancouver-based explorer wants to lift its total indicated and inferred contained metal resource to more than 5 million oz. from about 3 million oz., H...Read More
Aris Mining (TSX: ARIS; US-OTC: TPRFF) has released an updated prefeasibility study for an expansion of its Marmato gold mine, which includes a boost to resources and reserves since the last study dated March 2020.Aris operates the Marmato mine located in Colombia's Caldas Department, roughly 80 km south of Medellin. This underground operation comprises two mining areas: the upper mine between 1,0...Read More
enCore Energy (TSXV: EU;OTCQB: ENCUF) says it is buying the past-producing Alta Mesa uranium project in Texas from Energy Fuels (TSX: EFR) for US$120 million in a deal boosting its capacity by more than 70%. The Alta Mesa in-situ recovery (ISR) plant, fully licenced and constructed, adds capacity of 1.5 million lb. of uranium a year to enCore, the company said in a news release on Monday. Th...Read More
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are set to ink a final a foreign direct investment agreement with Ecuador's government for their El Domo copper and gold project.The partners said that the country's investment institution approved last week a draft contract whose final version is expected to be signed in four months.The investment agreement includes a number of incent...Read More
Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (theRead full newsRead More
Vancouver, Canada - November 16, 2022 - Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) ("Sirona") is pleased to announce positive results of the clinical safety study for their novel anti-aging compound TFC-1326 1% in formulation, now proven to be a non-irritant and non-sensitizer. TFC-1326, Sirona's lead anti-aging compound, will soon enter a clinical trial designed to assess its >>Rea...Read More
Share this article VANCOUVER - Lucara Diamond Corp. [LUC-TSX, LUCRF-OTC] said it has entered into an extended diamond sales agreement with Lucara Botswana Ppy. Ltd. and HB Trading BV, for the purpose of selling 10.8-plus-carat rough diamonds produced from Lucara's 100%-owned Karowe diamond mine in Botswana until the end of 2032.Lucara first partnered with HB in 2020 to sell Karowe's large, high-v...Read More