U.S. domestic production of uranium concentrate plunged 89% to 174,000 lb. U3O8 last year, according to the latest annual report published by the U.S. Energy Information Administration (EIA).This also represents a steep decline compared to the 4.89 million lb. the U.S. produced five years earlier.The production of uranium concentrate is the first step in the nation's nuclear fuel production proce...Read More
Australia's Danakali (LSE: DNK) is in the final stages of completing the second phase of development of its world-class Colluli potash project in Eritrea, Africa.The front-end engineering design (FEED), expected to be finished in June, will take the company a step closer to the construction phase and then onto production in 2022, Danakali said.The three key objectives set for the second phase of d...Read More
Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesExecutive producer Michael Moore and his writer, director, editor and narrator Jeff Gibbs have confounde...Read More
Combined effect could improve the project's economic parameters and support the lower-CAPEX custom milling scenario.MONTREAL ,May 20, 2020/CNW Telbec/ - MONARCH GOLD CORPORATION (Read full newsRead More
AdCentralDirect Forecasted to Deliver Average of over $5 Million in Annual Advertising Sales from MediaCentral's Digital Readership Alone New proprietary tech-driven agency solution will connect brands to influential consumers opening new revenue channel for MediaCentral $5 million+ in forecasted average annual digital ad sales between 2020 and 2021, with forecasted costs to achieve these sales...Read More
Toronto, Ontario--(Newsfile Corp. - May 21, 2020) - FenixOro Gold Corp. (CSE: FENX) (formerly, American Battery Metals Corp.) ("FenixOro" or the "Company" or "we" or "us" or "our") is pleased to announce that we have been approved for listing on theRead full newsRead More
Adamera Minerals reports the company is preparing for a June 1stRead full newsRead More
QMX Gold Corporation is pleased to release assay results from theRead full newsRead More
FenixOro Gold Corp. (CSE:FENX) (formerly, American Battery Metals Corp.) has been approved for listing on the Canadian Securities Exchange following the closing of our acquisition, through amalgamation with our wholly-owned subsidiary, of Fenix Gold Inc.Read full newsRead More
"Great Bear Announces C$20.0 Million Bought Deal Private Placement of Flow-Through Common Shares https://t.co/Uv7AlpzUlk @GreatBearGBR #Gold $GBR $GTBDF"Read full newsRead More
The market may be rallying, but will it last? Investors have been given some tough choices in the last couple of months. Safety and stability are certainly hard to come by in 2020. However, from blue-chip bankers to an overlooked energy investment theme, here are two ways to pack long-term wealth creation in a TSX portfolio.The case for Big Five bank stocksBanks are likely to continue to be underv...Read More
Tectonic Metals Vice President of Exploration Eric Buitenhuis prospecting the Seventymile gold property in Alaska. (Photo courtesy Tectonic Metals) After its $520 million exit in 2016, the core team that found, developed and sold the Coffee Gold project in Yukon to Goldcorp Inc. (TSX:G) took a breather, and then regrouped.Eira Thomas, one of Kaminak Gold Corp.'s executives, took on the CEO job at...Read More
Red metal back in the red Industrial metals fell back on Friday as warnings about rising tensions between the world's two largest economies overshadowed a massive economic stimulus announced by Beijing, the world's top commodities consumer.Copper trading in New York fell by 3.6% to $2.37 a pound ($5,225 a tonne) in lunchtime trade, halting a rally that saw the bellwether metal gain nearly 20% fro...Read More
While the television and movie streaming wars enter a new phase with a fight over subscription dollars, a whole new type of streaming war is firing up that will dwarf what we've seen so far.Investors made a fortune off of the first one. Netflix IPO investors have pulled in up to 37,000%. Buying at lows in the early 2000s could push that figure to over 70,000%.Even someone who bought Netflix shares...Read More
Digital rendition of a mining operation in space. (Source: Mine Stories) Both interest in and financial commitments to space activities, in particular around the moon, by governments, space agencies and the private sector have surged in recent years.The asteroid mining market is already valued at up to trillions of dollars, but a single drill from earth has yet to make it to space.While space mi...Read More
The now closed open-pit at the Mir mine in the city of Mirny, Yakutia. (Image courtesy of ALROSA.) Alrosa announced on Friday that it was cutting its 2020 output to between 28 and 31 million carats in response to the crisis unfolding in the global rough and polished diamonds market.The world's top diamond producer by output had set initial guidance of 34 million carats for the year."The coronavi...Read More
The world's first heavy duty 4? 4 off road bus, Praetorian is designed to transport personnel and equipment across rough ground and in tough conditions. (Credit: Torsus) The world's first heavy duty 4? 4 off road bus, the Torsus Praetorian, has been awarded the Red Dot Award in the Product Design 2020 category.Designed to transport personnel and equipment safely across rough ground and in tough...Read More
Miners and processors considering production cuts cannot ignore safety or care and maintenance, including of associated asset infrastructure, the former chief executive officer of Anglo American said.Cynthia Carroll told Fastmarkets during a webinar interview that taking the decision to curtail output in deteriorating demand and pricing environments such as those being seen during the Covid-19 pan...Read More
The metals and mining industry will need to make permanent, fundamental changes to the way it operates as a result of the Covid-19 pandemic, the former chief executive of Anglo American told Fastmarkets.Speaking during a webinar interview this week, Cynthia Carroll, who led Anglo American from 2007 until 2013, said this is in stark contrast to the way the sector got back to business in the afterma...Read More
Key data from the Friday May 22 pricing session in London. Key Drivers There were fewer producer offers and more demand from participants looking to secure duty-paid units.The London Metal Exchange aluminium cash/three-month spread recently traded at a $25.50 per tonne contango on Friday, narrower from as wide as wide as $37 at the beginning of the week.Concerns remain about a narrowing contango...Read More