Successful people make successful mines. And some of the best have come together to create Mayfair Gold (TSXV: MFG) and unlock the true value of the Fenn-Gib gold property in the Timmins camp, the company says.Under the leadership of CEO Patrick Evans, Mayfair is launching its initial public offering in late February to raise as much as $20 million for drilling and related work at the property. Sh...Read More
In the future, mining companies will need to develop new business models that account for the increasing re-use and recycling of metals and minerals as the world moves towards a "circular economy."That was the key takeaway from a panel discussion on the circular economy at this week's Global Mining Symposium. Moderated by Anthony Vaccaro, group publisher at The Northern Miner, the panel included A...Read More
Lucara Diamond Corp. (TSX:LUC) anticipates incurring debt of between US$150 million and US$200 million towards the US$514-million underground expansion of the Karowe diamond mine in Botswana. The Vancouver company has already initiated discussions with potential lenders, and hopes to secure funding in the second half of this year. The balance of the project will be funded by cash flow from current...Read More
The resource expansion drill program completed at the Brucejack mine has returned high grade gold for Pretium Resources (TSX:PVG; NYSE:PVG). This is the first expansion drilling project since the mine began production in 2017.High grades were drilled in three new areas of the North Bock zone, including four assays above 1,000 grams gold per tonne. The results include intercepts up to 300 meters fr...Read More
Wolfden Resources (TSXV:WLF) has begun a 2,300-metre, six-to-eight hole diamond drilling program at its 100%-owned Rice Island nickel-copper-cobalt-platinum group deposit near Snow Lake, Man. The work is being done with the support of a $230,000 grant from the Manitoba government's Mineral Development Fund.The Rice Island sulphide deposit is comprised of a 'keel' of higher grade mineralization tha...Read More
Sabina Gold & Silver (TSX: SBB) has released an updated feasibility study on a combined open pit and underground development at the Goose property within its Back River gold project in Nunavut, 520 km northeast of Yellowknife. The engineering study proposes a 15-year operation, starting up at an initial processing rate of 3,000 tonnes per day and expanding to 4,000 tonnes per day by the end of yea...Read More
The single largest use of rare earths is in the manufacture of permanent magnets used in wind turbines, the drive train of hybrid and electric vehicles, and energy-efficient applications, and currently accounts for 29% of total global demand for REEs, says David Merriman, an expert on rare earths at Roskill."As we transition to a low-carbon global economy, the demand for permanent magnets will onl...Read More
The US Department of Energy's Lithium-Ion Battery Recycling Prize granted Everledger, HP, Call2Recycle and Fairphone a $357,000 cash award so that the group can continue working on a project called "Closing the loop on portable lithium-ion batteries." The initiative aims to help the DoE capture 90% of all discarded or spent lithium-based batteries in the United States for the eventual recovery...Read More
I am excited to bring you an exclusive tour of Hut 8's mining facility located in Medicine Hat Alberta.Disclaimer This content is for informational purposes ...Read full newsRead More
China's ferrous scrap imports will be far lower than expected, says Navigate CommoditiesRead full newsRead More
Gold producer to pay H2 dividend of $693 million or $5.09/shareRead full newsRead More
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/PRNewswire/ -- Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both...Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2021) - ArcPacific Resources Corp. (TSXV: ACP) (Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
TORONTO, Feb 23, 2021 (GLOBE NEWSWIRE via COMTEX) -- All amounts are in United States dollars, unless otherwise stated. TORONTO, Feb. 23, 2021 (GLOBE...Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Gold prices are trading at a very critical junction. On the 4-hour time frame, an intra-day time frame, the price is trading between the 50 and 100-daRead full newsRead More
Victory Resources Corp. recently added additional funding to itsRead full newsRead More
Appoints Frostad as VP ExplorationGetchell Gold Corp. a leading NRead full newsRead More