Both companies and the fund managers that invest in them are under pressure to pay more attention to environmental, social and governance issues. For the former group, that requires delivering increased transparency on an ever-expanding range of metrics. For the investment crowd, tailoring strategies to address the new demands means increased spending on data - at a time when fees are slowly but s...Read More
Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More
RESOURCEStocks: What do you believe sets Golden Mile Resources apart from other nickel/gold explorers in Western Australia?Lachlan Reynolds: Golden Mile Resources has the advantage of having a suite of strong projects, including both an advanced nickel-cobalt asset and prospective gold exploration properties in sought-after locations. The company is funded to undertake all of its immediate ex...Read More
Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More
Miner Anglo American Plc is betting on South America as its main growth area for base metals in the coming years, a top executive told Reuters.Ruben Fernandes, who heads Anglo's operations in Brazil and is slated to become its global head of base metals next March, said he wants to prepare the company for an expected boom in demand related to electric cars that is likely to fuel appetite for nicke...Read More
Barrick Gold Corp.'s new boss intends to push ahead with plans to increase investment in the mineral-rich - but environmentally tricky - deposits straddling the Chile-Argentina border."If you want to find elephants, go to elephant country," Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company "absolutely" intends...Read More
Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based company said the step was part one of a staged expansion plan outlined in a July 2018 preliminary economic assessment aimed at increasing the production rate to 5,000t/d by 2020.Installation of a refurbished mill, a 1,250kv electrical substation, secondary crusher and a hydrocyclone cluster that allows f...Read More
Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalIn releasing its December quarter production results yesterday, the miner said it had exceeded its updated gold guidance, while copper production was in line with forecasts.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe wire service quoted Collahuasi CEO Jorge Gómez telling reporters at an event in Santiago that it was seeking synergies with operations in the Tarapaca area, including sharing pipe and power lines and potentially desalinated water as water shortages were becoming an issue."It does not make much sense that two companies so...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutThe idea that two otherwise identical companies can produce divergent investment returns simply through differing numbe...Read More
Lucara sells large diamonds for US$32.5mPrecious stonesMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsIn 2014 China invested more than US$239 billion in oil and gas and mineral exploration; that same year, private investment in US explorati...Read More
Imperial Metals (TSX:III) announced this week that due to declining copper prices, operations at the Mount Polley mine will be suspended. The suspension plan includes milling of low grade stockpiles which is targeted to extend operations to the end of May 2019.In a news release, the company said there will be no impact to the mine's ongoing environmental monitoring and remediation program, and t...Read More
Surge Exploration (TSX?EUR?V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company's assets that would spin off its interests in the "Hedge Hog" and "Mineral Mountain" exploration projects, both copper/gold projects in British Columbia, Canada.The exploration projects form a newly incorporated subsidiary, CuGold Corp. Surge will continue to hol...Read More
Chile's Collahuasi copper mine is talking to Canada's Teck Resources Ltd about resource-sharing as the two companies embark on ambitious expansion projects, its Chief Executive Jorge Gomez said on Wednesday.Collahuasi - owned by Glencore and Anglo American - is seeking "synergies" with companies with operations close to its own mine in the Tarapaca area on the border with Bolivia, Gomez said, prin...Read More
Copper Mountain Mining of Vancouver met its 2018 full-year guidance with the production of 78.9 million lb. of copper from its Copper Mountain project 20 km south of Princeton. The mill treated 40,000 t/d with an average head grade of 0.31% copper.Copper equivalent production was 92.4 million lb., which includes 28,250 oz. of gold and 273,910 oz. of silver.Copper Mountain gave the following guida...Read More
San Marco Resources (TSXV: SMN) today announced that, following the completion of a first-phase of exploration and evaluation, experts were able to confirm the existence of a porphyry copper-molybdenum-gold system at the Esp?-ritu SMR property in northern Mexico's Sonora state.The 4697-hectare Esp?-ritu SMR property is located approximately 15 kilometres east of the town of Sahuaripa and is 100% o...Read More
Shares in Egypt-focused gold miner Centamin (LON:CEY) (TSX:CEE) nosedived Wednesday in London after the company posted a 13% drop in full-year gold output from Sukari, its only operating mine and the African country's sole bullion-exporting operation.The company produced 472,418 ounces of gold at the Sukari mine last year, compared to 544,658 ounces in 2017, due to disruptions and lower grades at...Read More
Concentrate exports from Indonesia's Grasberg mine, the world's second-largest copper mine, will drop about 85% this year because of a lag in output while operations shift from open pit to underground mining, a government official said on Wednesday.Shipments this year are expected to fall to 200,000 tonnes from an estimated 1.2 million tonnes last year, Yunus Saefulhak, director of minerals at Ind...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedE26 Lift 1 North (E26L1N) will cost more than A$200 million over three and a half years, with construction to begin this month.Full production is slated for mid-2022 with the project to deliver 40 million tonnes of ore over 10 years.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedIt will involve 11km of unde...Read More