Peter Akerley, a founder of Erdene Resource Development Corp., first became aware of Mongolia's mineral riches in the mid-1990s as exploration manager for one of the largest western financed programmes in the country. As a geologist, with 35-years of experience, he describes himself as being "awed" by the country's geological potential ('Erdene' is the Mongolian word for treasure, or jewel).Akerle...Read More
The South Gobi is one of the fastest developing mining regions in the world, in part due to its proximity to China, the world's largest consumer of commodities. Limited exploration has already yielded multiple gold, copper and molybdenum deposits with an estimated mineral endowment of over 85Moz of gold and greater than 43Mt of copper.Kincora Copper was the first company to conduct modern, distric...Read More
"This is clearly a giant step backwards for the Biden Administration's climate change goals," said chief executive Ronald Thiessen.Read More
At first blush, lithium production from hard rock spodumene sources in Australia appears to have a lower carbon foot than lithium brine production from Latin America.Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgRosedale will acquire a portfolio of royalties from Equinox for $28.4 million in stock and from Sandstorm for $65 million comprising $32.1 million in...Read More
The company said that due to extensive underground development, there is a significant amount of stockpiled ore on surface to allow for a more measured ramp-up of underground mining over the first fewRead More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmg"The initial stage of the growth plan and our current priority is a feasibility phase," a spokeswoman for the Saskatchewan-based firm said.Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe agreement has been reached with three of the four recognised unions among South African workforce, representing 90% of unionised employees.The de...Read More
B2Gold is offering 0.0206 of a share for every Oklo share and 5.25c cash. The implied value of 17.25c per share represents a 127% premium to Oklo's closing price of 7.6c yesterday.Read More
Based on a $1600 an ounce gold price, Tower Gold had the potential to produce 200,000-350,000 ounces a year over an initial 15 year mine life.Read More
TAM, which is 3km north of the Alpala deposit, now hosts a measured and indicated resource of 528.5 million tonnes grading 0.36% copper equivalent for 1.27Mt of contained copper and 3.Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgForty or so years ago, at the onset of the third Fraser ministry, the Australian government's natural resources portfolio was held by Doug Anthony, t...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgFour workers remain missing, and the company's search crews will continue to work at full capacity to locate these individuals, the Toronto-listed fi...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe hole confirms the company's new geological interpretation that Los Helados contains at least two centres of high-grade mineralisation.Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgNexa will subscribe for 40.8 million shares priced at 22c per share for proceeds of $8.97 million. Nexa previously held a 9% stake in Tinka to...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe Anglo-Swiss multinational is also involved in an ongoing investigation by the Office of the Attorney General of Switzerland into corruption issue...Read More
The offer has fixed spreads of 195-230 basis points including an early tender premium of US$50 per US$1,000 in principle. The tender would reduce Teck's total outstanding debt by 8.Read More
The company expects to add to its $10.5 million of cash and equivalents as its revenue profile ramps-up this year from a 1% net smelter returns (NSR) royalty on Monarch Mining's Beaufor development project and a 2-3% NSR on the Canadian Malartic mine, both in Quebec, Canada.The company reported record revenue of $600,000 in the quarter to March 31, and despite posting a net loss of $2.4 million, d...Read More
The US District Court for the District of Arizona ruled that Copper World and its neighbouring Rosemont copper deposit which is also owned by Hudbay are not connected under terms of the US NationalRead More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe supply agreements secure the supply of equipment, parts and labour, as well as equipment pricing for the primary fleet until December 2024, and d...Read More