Laurion Mineral Exploration is pleased to announce the commencement of an IP survey as part of the 2020 exploration program at the Ishkoday Project.Read full newsRead More
Laurion Mineral Exploration is pleased to announce the commencement of an IP survey as part of the 2020 exploration program at the Ishkoday Project.Read full newsRead More
Junior nickel player Horizonte Minerals (LSE:HZM) reassured investors that coronavirus is yet to have a significant impact on its operations on Tuesday. Th...Read full newsRead More
Analysts have been saying it for practically a year. With the possibility of a recession on the way, gold is one of the safest places that investors can put their money.During the past year alone, the price of gold has sky rocketed, but investors were disappointed to see that during that time gold prices remained steady, but weren’t all that exciting.Until recently.With the COVID-19 pandemic...Read More
Kennecott mine. (Image: Kennecott Rio Tinto.) Rio Tinto's Kennecott copper mine near Salt Lake City, Utah, was impacted Wednesday as a result of a 5.7-magnitude earthquake close to the town of Magna. According to the company, all employees have been safely accounted for and evacuated from the potential risk areas. Rio has identified limited damage to the operation or risk to the surrounding comm...Read More
Red Lake District, northwestern Ontario, Canada. Photo by P199, Wikimedia Commons Drilling at BTU Metals' 197-sq.-km Dixie Halo project in Ontario returned continuous volcanogenic massive sulphide-style mineralization over 300 metres, starting at surface, with metal grades increasing with depth.Hole BTU-19-25 reported in the most recent release includes a 173-metre interval grading 0.35% copper...Read More
Seequent has received a 2020 Esri Partner Award, 'Analytics to Insights', for its Target for ArcGIS Pro tool, which enhances the integration of mining and exploration data. Esri provides geographic information system (GIS) mapping software and spatial data analytics for various sectors. Esri provides geographic information system (GIS) mapping software and spatial data analytics for variou...Read More
The First Cobalt Refinery is located in Ontario, Canada. (Image courtesy of First Cobalt) The feasibility study for an expansion of First Cobalt's (TSX-V:FCC) refinery is in the final stages and is expected to be concluded in the coming weeks, the company said in its latest update.In September 2019, First Cobalt commenced engineering studies, including an interim scenario for restarting the refin...Read More
Image: CBC Youtube screengrab. The decline in the copper price accelerated on Wednesday as pandemic fears grip global markets and mining companies announce a raft of production halts and project construction suspensions.Copper trading in New York fell by as much as 8.8% to $2.111 a pound ($4,650 a tonne), the weakest level since early October 2016. The copper price is now down more than 25% from...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 18 that are worth another look.More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on March 18.The novel coronavirus (2019-nCoV) pandemic is starting to hit mine supply o...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 18.Please click...Read More
Aurania Resources is pulling its staff from its copper and precious metals projects in Ecuador while the country enters lockdown mode in an effort to tackle the 2019-nCoV coronavirus pandemic. The company's flagship asset, the Lost Cities copper-gold project, is located in Cordillera de Cutucu in southeastern Ecuador.All employees have returned to their homes except for two field teams that were e...Read More
National Bank advised SilverCrest the reason for the purported termination was based on the "disaster out" clause of the financing agreement due to the subsequent sharp decline in the explorationRead More
Under normal circumstances no-one in mining would complain about discounted diesel in the pits, or lower energy costs for processing plants, but these are far from normal times.Read More
The main aim of the consortium is to collectively help to eliminate the obstacles to the adoption of green hydrogen technologies and encourage innovative application.The goal is to identify opportunities to develop green hydrogen technologies for the resources sector and other heavy industries, and provide a mechanism for suppliers and operators to contribute to and engage with these development a...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional results from the winter 2020 drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Assays received from...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) announces that the Company has not been subject to material supply chain disruptions due to COVID-19 and continues to fulfill purchase orders, and has inventory ordered for Q2 delivery. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very fortunate to update that during these extremely trying times, our Q1 sales remain...Read More
The company said it had entered into a scheme implementation deed for the A$1.01 per share cash takeover. The price represents a 45.3% premium to Zenith's last closing price of 69.5c on Friday.Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 18 that are worth another look.More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on March 18.The novel coronavirus (2019-nCoV) pandemic is starting to hit mine supply o...Read More
He said the department's health and safety inspectorate, working with the mining companies and labour unions were on "high alert" and testing the level of preparedness.South Africa had 62 confirmed COVID-19 cases, 11 new, the World Health Organisation said yesterday.After meeting with the Minerals Council South Africa leadership, Mantashe said a 10-point plan had been developed, in line with healt...Read More