"Unfortunately, our earnings were affected by significant provisional pricing adjustments given the late-quarter decline in base metal prices," the company's president and CEO Peter Rockandel said.The company has also revised down its 2022 production guidance, while lifting its cash cost forecasts.Lundin's total copper production guidance now stands at 250,000-274,000 tonnes, down from the previou...Read More
The feasibility outlines a plan to batch process the 8 grams per tonne Manh Choh ore through Kinross' Fort Knox mill, which the major said means the project will proceed without having to permit,Read More
The company aims to drill some 26,500m drilling this year before resource cut-off date in October which will bring the project total up to more than 50,000m as it targets a maiden resource of 45-55Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDAnglo American posted underlying earnings before interest, taxes, depreciation, and amortization (EB...Read More
Performance was boosted by the first full quarter of production from the Kirkland Lake Gold acquisition, which lifted output 71.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDMultiple events connect the big two of miners to Ukraine, even though neither has direct exposure.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningRio, Winning Consortium Simandou (WCS) and the Guinean government have incorporated La Compagnie du...Read More
"Teck will have the mining sector talking tomorrow morning with a slew of press releases tonight," BMO Capital Markets analyst Jackie Przybylowski said.Read More
Managing director Ian Bamborough says Saturn Metals is gaining momentum, as it goes "full throttle" on a scoping study for its recently updated 1.47 million ounce Apollo Hill gold resource and continues to explore the plus-1,000sq.km project in Western Australia for complementary gold deposits.Read More
"While global inflationary pressures were present in the first quarter of this year, second quarter costs were further impacted by higher energy and commodity prices resulting from the conflict in Ukraine," First Quantum said in its Q2 results, which were released after market close on July 26."Costs for fuel, explosives, freight, mill balls, reagents and other consumables represent almost half of...Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDBorn in 1958, he graduated from the New Mexico Institute of Mining and Technology in 1981, becoming...Read More
The company said the financing gives it the financial wherewithal to keep fighting against what it considers to be unfounded interference by US Federal Government agencies in an otherwiseRead More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe company's half-year results were down year-on-year across the board, with underlying EBITDA fall...Read More
The lithium hydroxide will be used in GM's Ultium battery cathodes, which will power electric vehicles (EV) such as the Chevrolet Blazer EV, Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe company's share price was at a four-week high of C$4.32 (US$3.6) on July 26, having risen 4% day...Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDMaple increased its 2022 exploration budget by C$4.8 million in May to fund the drilling of four or...Read More
"Most of the impact to production came from lower-grade ore and crushing circuit throughput," Copper Mountain's president and CEO Gil Clausen said.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDVan Eck was once of the institution investors irked by the premium, reminding its clients in a resea...Read More
Rumble Resources describes its flagship Earaheedy project in Western Australia as an emerging world-class base metals discovery, where it's set an initial exploration target of 100-120Mt at 3.5%-4.5% lead-zinc sulphide, as managing director Shane Sikora outlines, along with a host of catalysts including an upcoming maiden JORC resource.Read More
In April, Ascot said it had been unable to reach an agreement with Sprott Private Resource Lending on the satisfaction of the drawdown conditions for the remaining US$60 million of an $80 millionRead More