Cameco (TSX: CCO; NYSE: CCJ) announced today that it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks posed by the Covid-19 pandemic."The safety of our workers, their families and communities is our top priority," Tim Gitzel, Cameco's president and CEO, stated in a news release. "We have had six positiv...Read More
Developer Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has released a resource estimate for the McFinley zone, located along a 4-km long corridor stretching out from the F2 gold deposit at its Bateman gold project in Red Lake.The resource features 205,700 measured and indicated tonnes grading 6.04 grams gold per tonne, totalling 40,000 gold oz., and 259,300 inferred tonnes at 8.53 grams gold per t...Read More
O3 Mining (TSXV: OIII) has released the results of a preliminary economic assessment on its Garrison gold project in Ontario's Kirkland Lake region. The study suggests a 'low capital intensity', 12-year, 11,000 tonne per day open pit operation with carbon-in-leach (CIL) processing.The proposed mine would generate an average of 121,000 gold oz. annually in its first eight years, with life-of-mine a...Read More
Chile's Codelco, the world's largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon emissions by 70%, reduce inland water consumption by 60% and recycling 65% of its industrial waste by 2030.The state-owned miner, which in 2017 planned to sell "green copper" at a premium price to customers using more sustai...Read More
What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price direction of gold as this horrid year draws to a close.I am neither a chartist nor a particular exponent of gold, but I can't see any concern about the precious metal's price direction - at least not yet. The reason has mu...Read More
The S&P/TSX Composite Index rose 0.16% to 17,548.92 during the Dec. 7-11 trading week. The S&P/TSX Global Mining Index fell 0.08% to 99.28, and the S&P/TSX Global Base Metals Index dropped 1.80% to 133.42. Spot gold fell US$24.50 per oz. (1.31%) to US$1,839.50 per oz., and the S&P/TSX Global Gold Index declined by 0.55% to 310.88.Moneta Porcupine Mines jumped 12 ? to 25.5 ? per share. The company...Read More
The S&P/TSX Venture Composite Index rose 1.46% (11.19 points) to finish the Dec. 7-11 trading week at 780.30. Spot gold dropped US$24.50 per oz. (1.31%) to US$1,839.50 per ounce.Shares of Whitehorse Gold surged $1.50 to $3.28 per share on a strong intercept from its 2020 drill program at its wholly owned Skukum gold project in the Yukon. Drillhole SC20-001 returned 8.07 metres (true width) grading...Read More
Tesla Inc. will shut down some production at its Fremont, Calif., factory for 18 days starting Christmas Eve, CNBC reported over the weekend.Read full newsRead More
A fire broke out at nickel mining facilities owned by Brazil's Vale SA in New Caledonia during local protests, the company said on Monday, as a simmering political dispute on the Pacific Island shows no signs of abating.Read full newsRead More
Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment adviceRead full newsRead More
Company said production across all minerals will increase by 14% in 2021.Read full newsRead More
The IEA estimates the cost of an automotive EV battery pack was $293.4/kWh in 2016 but $156/kWh in 2019. Assuming the cost dropped a bit more in 2020, we're sitting at a battery cost of about 50% of a 2016 EV battery's costRead full newsRead More
Fandom Sports Media (CSE:FDM) has begun development of application programming interfaces (APIs) for in-game data from Valorant.Read full newsRead More
Shares in digital service provider Gatekeeper Systems (GSI) shot up more than...Read full newsRead More
Loop Insights (MTRX) has released multilingual capabilities for its digital wallet and...Read full newsRead More
Ottawa, Ontario--(Newsfile Corp. - December 14, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) (Read full newsRead More
Dec. 10-A laboratory at a sprawling open-pit gold mine has run into trouble over what inspectors say is a failure to follow hazardous waste rules at the site between Columbia and Charlotte. The Kershaw Mineral Lab has been fined $16,000 for 19 environmental violations, including allowing more hazardous material than is permitted on parts of the property and a failure to conduct proper ...Read full...Read More
Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.Read full newsRead More
In this article we are going to list the top 19 gold mining companies in the world. Click to skip ahead and jump to the top 10 gold mining companies...Read full newsRead More
Tax-loss selling comes with a raft of potential benefits, but it nevertheless has some strings attached - deadlines, for example.Read full newsRead More