Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
The company's base metals business will become Teck Metals, while its coal business will become Elk Valley Resources (EVR), a pure-play, high-margin steelmaking coal producer.Read More
The offer comes over the top of a competing 12c per share, $25 million all-stock offer from Victoria Gold which came a week ago and which ATAC rebuffed as being too low.Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThe Johannesburg and New York Stock Exchange-listed Sibanye is set to lo...Read More
Luquman Shaheen, president and CEO of Panoro Minerals, talks to Mining Journal about the Cotabambas project, which he sees as the next large scale copper project in southern Peru.Read More
That is because this Gawler Craton advanced exploration project - which lies smack in between three of Australia's greatest copper mines - has two different stage and style deposits stacked on top of each other.First the hippo, which is called Emmie Bluff. This is a sedimentary copper-cobalt deposit which has an Indicated and Inferred Resource - from three deposits - amounting to a total of 1.1 mi...Read More
Ever since US president Joe Biden enacted the 1950 Defense Production Act to boost the nation's supply of domestically-sourced critical minerals, there has been a surge in interest in North American metals projects. However, when it comes to permitting new mines, not all exploration projects are created equal. "It's good to be in the United States, but you want to be on land where you can act...Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesI mention these factors because it demonstrates that while in some areas...Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesBluejay Mining first hit radar screens when it emerged it had received b...Read More
(IDEX Online) - Petra Diamonds today reported a 20 per cent dip in sales for the first half of fiscal 2023 and a net loss of $17.6m.The London-based miner made a profit of $49.1m during the same period in 2022. Earlier this month it said it was open to merger and acquisition offers.It blamed the decrease in revenue - down from $264.7m in H1 FY 2022 to $212.1m in H1 FY 20203 - largely on zero...Read More
(IDEX Online) - De Beers says the long-standing agreement, under which it sells 75 per cent of Botswana's rough diamonds, will survive the current turmoil.A company spokesman told Reuters this week it was "confident that our successful partnership will continue".Two weeks ago the country's President Mokgweetsi Masisi told crowds at a rally of his ruling party that he would walk away from...Read More
(IDEX Online) - Fugitive Indian diamond merchant Jatin Mehta has failed in a bid to halt legal proceedings against him in a British court over allegations that he defrauded lenders out of $1bn.Mehta (pictured) had sought to have the case heard in India instead. He and his family were found to be living in London last year.He is accused of defrauding15 lenders out of the $1bn lent to his companies...Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThe Ugandan government will set up a state-owned mining company, called...Read More
The Jetti technology will be deployed on the existing leach stockpiles at El Abra and leverage existing infrastructure, including excess tank house capacity.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 35 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US. 74.19 cents following release of Canadian economic news at 8:30 AM EST.January Canadian Consumer Price Index on a year-over-year basis was expected to increase 6.1% versus 6.3% in December. Actual was an increase of 5.9%.December Canadi...Read More
New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesIn the report, Godell, a mineral economist who was formerly part of the...Read More
This week's episode features GlobalXETF commodities research analyst Roberta Caselli in conversation with host Adrian Pocobelli on metals and energy markets. Roberta discusses the historically low inventories of metals such as copper and zinc, as well as the growing impact of the reopening in China and the country's stabilizing property market. She also describes the fundamentals of the zinc, uran...Read More
Big Ridge Gold (TSXV: BRAU; OTCQB: ALVLF) says a new mineral resource estimate for the Hope Brook project in Newfoundland and Labrador doubles its inferred contained gold compared with eight years ago. The deposit in the province's southwest, about 75 km east of Port aux Basques, the closest point to Nova Scotia, is being explored where a former open pit and underground mine produced about 750,...Read More
ATAC Resources (TSXV: ATC; OTCQB: ATADF) is now set to be sold to Hecla Mining (NYSE: HL) in a deal valued at $31 million after the junior rejected a $25-million offer from Victoria Gold (TSX: VGCX) earlier this month.On Tuesday, ATAC and Hecla entered into a non-binding letter of intent that would see the latter acquire the Rackla and Connaught projects located in the Yukon. Hecla is the largest...Read More
Shares of Sigma Lithium (TSXV: SGMA) rose more than 20% on Tuesday morning following a long-weekend media report that electric vehicle manufacturer Tesla (NASDAQ: TSLA) is in takeover talks with the Brazil-focused lithium developer.Bloomberg reported late on Feb. 17 that Tesla was weighing a takeover of the company.The report cites unnamed sources "with knowledge on the matter," stating that Elon...Read More
Niko Cacos, president and CEO of Argentina Lithium discusses recent drill results at the company's Rincon West lithium brine project, the timing of an initial resource for the project, and the possibility of using direct lithium extraction (DLE). Cacos spoke with staff reporter Henry Lazenby at the Vancouver Resource Investment Conference in January 2023. Read More