March 18, 2024
Canada Nickel Company (TSXV: CNC; OTCQX: CNIKF) has made a new nickel discovery in the two initial holes at its Newmarket property. The best intersection was 373 metres grading 0.25% nickel in NEW24-01. The highest ever assay from the first hole of 2024 at the … Read More
March 18, 2024
Amex Exploration (TSXV: AMX; OTCQX: AMXEF) reported gold recoveries over 95% from all samples and over 98% on high-grade samples from its Perron project. The Perron project is about 110 km north of Royun-Noranda in the Abitibi region of Quebec. Samples from th … Read More
March 18, 2024
Barrick Gold (NYSE:GOLD)(TSX:ABX) has officially opened its training academy at the old Buzwagi mine in Tanzania, in line with its closure objective of leaving a positive legacy after mining has finished. Launched Monday, the Barrick Academy is designed to off … Read More
March 18, 2024
The representatives of 167 countries at the International Seabed Authority (ISA) will discuss this week possibility of the expulsion of Greenpeace from the UN deep-sea mining body. As reported by the BBC, The Metals Company claims Greenpeace activists disrupte … Read More
March 18, 2024
Avalon Advanced Materials (TSX: AVL) announced on Monday it has entered into a C$15 million ($11m) funding agreement with its long-time creditor Lind Global Fund II, which is managed by The Lind Partners, a New York-based institutional fund manager. The first … Read More
March 18, 2024
Australia’s American Rare Earths (ASX: ARR) published on Monday the results of a scoping study for its Halleck Creek project in Wyoming, United States, which confirms its potential to become a world-class rare earth element (REE) project. The preliminary techn … Read More
March 18, 2024
Shares in Lucapa Diamond (ASX: LOM) jumped almost 5% on Monday after the Australian miner announced that resources at its Lulo mine in Angola rose 48% last year. The company said the volume of diamonds with a viable chance of economic extraction at Lulo increa … Read More
March 18, 2024
Researchers at the University of Pennsylvania, Stanford University and the New Jersey Institute of Technology have developed sugar-coated gold nanoparticles that they used to both image and destroy biofilms, the slimy scaffolding that bacteria can develop on o … Read More
March 17, 2024
As long as all interested parties join forces, Peru can take advantage of its ideal conditions to boost and develop the local mining industry, the CEO of Anglo American Peru, Adolfo Heeren, said at the Perú Mining Investments Summit 2024 held this week in Lima … Read More
March 17, 2024
A growing number of industry executives expect the world to reach net zero by 2060 or later—with 62% sharing this sentiment in 2024 versus 54% in 2023, Bain & Company’s fourth annual Energy & Natural Resource Executive Survey shows. According to the st … Read More
March 17, 2024
A printed flexible solar cell technology developed by Australia’s national science agency, CSIRO, was launched into space aboard the country’s largest private satellite, Optimus-1, on Space X’s Transporter-10 mission. According to CSIRO’s space program direct … Read More
March 15, 2024
Mining companies must improve their metal price forecasting to reduce mine failures and increase long-term returns for investors, according to a new study. Tumbling metal prices account for more than half all of impairment charges, declared when fixed assets f … Read More
March 15, 2024
Graphjet Technology, developer of technologies to produce graphite and graphene directly from agricultural waste, and Energem (Nasdaq: ENCP, ENCPW) closed their previously announced merger and on Friday, Graphjet’s ordinary shares start trading as (Nasdaq: GTI … Read More
March 15, 2024
Richard Williams has resigned as CEO of Cornish Metals (LON, TSX-V: CUSN). He will leave the company on March 31 but will remain available on a consulting basis going forward. Ken Armstrong, a Non-Executive Director, will step in as Interim CEO, and Patrick An … Read More
March 15, 2024
Northern Dynasty Minerals (TSX: NDM) (NYSE American: NAK) said on Friday it has filed two separate actions in the federal courts challenging the federal government’s actions to prevent the company from building a mine at its Pebble project in Alaska. The first … Read More
March 15, 2024
Management changes announced this week: Armac Resources named Paul Johnston VP exploration, following the resignation of Roy Greig. The B.C. Centre for Innovation and Clean Energy appointed Sarah Goodman as president and CEO. Founders Metals named Natalie Seng … Read More
March 15, 2024
At the end of 2023, 40 companies were searching for natural hydrogen deposits, up from just 10 in 2020, new research by Rystad Energy shows. According to the Oslo-based business intelligence company, exploration efforts are underway in Australia, the US, Spain … Read More
March 14, 2024
After two years of testing, Energy & Mines Digital Trust (EMDT), a collaboration between the government of British Columbia (BC), private-sector and industry associations, has launched digital credentials for mining operators to streamline the process of s … Read More
March 14, 2024
A government body’s decision re-opens a path to permitting for BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon, following consultations between governments and Indigenous authorities. The Vancouver-based BMC, owned by private, UK-based … Read More
March 14, 2024
Nevada-focused junior Riley Gold (TSXV: RLYG) is teaming up with Kinross Gold (TSX: K) (NYSE: KGC) to advance the exploration of its Pipeline West/Clipper (PWC) project, in which Kinross has been granted the option to earn up to a 75% interest for minimum expe … Read More
March 14, 2024
Australian lithium producer Pilbara Minerals (ASX: PLS) has clinched a deal with Chinese company Sichuan Yahua Industrial Group for spodumene concentrate, essential for making lithium batteries. Under the agreement, Pilbara will deliver 20,000 tonnes of the mi … Read More
March 14, 2024
New Found Gold (TSXV: NFG, NYSE: NFGC) is reporting bonanza-grade drill results at its Iceberg target on the Queensway project in central Newfoundland. Drill hole NFGC-23-1820 cut 16.7 metres grading 36.2 grams gold per tonne from 45.3 metres depth, while 45 m … Read More
March 14, 2024
Lithium Americas (TSX: LAC; NYSE: LAC) announced on Thursday that it has received a conditional commitment loan of $2.26 billion from the US Department of Energy (DOE) to finance the construction of processing facilities at Thacker Pass in Nevada. The project … Read More
March 14, 2024
Teck Resources (TSX: TECK.A and TECK.B, NYSE: TECK), The University of British Columbia (UBC) and Queen’s University announced Wednesday the Don Lindsay Teck Award in Mining Engineering, comprised of two C$1 million endowments that will generate annual scholar … Read More
March 14, 2024
Being put down or condescended to based on gender, and receiving offensive sexist remarks, remain common themes in Western Australia’s mining sector, the Mental Awareness, Respect and Safety (MARS) Program Landmark Study shows. The report was produced by the C … Read More
March 13, 2024
Perth-based Core Lithium (ASX: CXO) faces a corporate shake up in response to a dramatic drop in lithium spodumene prices that spurred the immediate departures of its CEO and a director. The company reported on Tuesday an A$167.6 million ($111 million) loss fo … Read More
March 13, 2024
Northisle Copper and Gold (TSXV: NCX) says its first resource estimate for the Northwest Expo deposit at its North Island project in British Columbia beat expectations and bodes well for rapid development. Northwest Expo holds 40.3 million indicated tonnes gra … Read More
March 13, 2024
Stock image. Battery metals producer and recycler US Strategic Metals announced the appointment of Thomas M. Boehlert as chief financial officer (CFO). Boehlert, with his extensive background and expertise will play a pivotal role in guiding the company’s fisc … Read More
March 13, 2024
The Weir Group has officially opened its new foundry in Xuzhou, China. The foundry, which is part of Weir’s ESCO global foundry network, expands capacity for the manufacture of ESCO ground engaging tools (GET). The opening ceremony, hosted by Weir’s CEO Jon St … Read More
March 13, 2024
Vista Gold (TSX, NYSE American: VGZ) has released an updated feasibility study for its Mt Todd gold project located in Northern Territory, Australia, to reflect the changes in project economics as well as long-term outlook on gold prices and USD/AUD exchange r … Read More
March 13, 2024
What began as an effort to raise C$20 million ($15m) by Montage Gold (TSXV: MAU) had by closing on March 12 ballooned to C$35.2 million ($26m). The company sold 50.3 million shares at a price of C$0.70 per share. Net proceeds of the private placement will be u … Read More
March 13, 2024
Pampa Metals (CSE: PM) says the first drill hole at its Piuquenes project in Argentina cut more than 1% copper equivalent over nearly a third of a kilometre. Diamond drill hole PIU-01 returned 0.5% copper, 0.7 gram gold per tonne and 3.1 grams silver for 1.1% … Read More
March 13, 2024
The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining. The Responsible Use of Seafloor Resources Act calls for federal … Read More
March 13, 2024
Aclara Resources (TSX: ARA) shares shot up to a near 52-week high on Wednesday after the rare earth elements (REE) developer announced an investment agreement with Chilean conglomerate CAP SA, which operates iron ore mines in northern Chile, very close to Acla … Read More
March 13, 2024
Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange (LME) touched $8,799 a metric … Read More
March 13, 2024
A new training centre at the University of Leicester aims to use the skills in data and artificial to boost the UK metals industry. The new £18 million ($23m) Centre for Doctoral Training (CDT) in Digital Transformation of Metals Industry (DigitalMetal) has be … Read More
March 13, 2024
Researchers at Michigan State University analyzed soil microbes near a mine fire that has been burning for more than 60 years and discovered that although microbial populations recovered after the fire affected them, the species that were active or dormant had … Read More
March 12, 2024
Southern Cross Gold (ASX: SXG), which scored the best gold assay this week in The Northern Miner’s Drill Down top 10, plans to do an unusual thing for an Australia-focused company: also list in Canada. The planned listing, although the exact exchange wasn’t na … Read More
March 12, 2024
Talisker Resources (TSX: TSK) and New Gold (TSX: NGD; NYSE: NGD) have struck a deal for the sale of gold-bearing ore from Talisker’s Bralorne project in British Columbia. The agreement will be carried out by Talisker’s subsidiary Bralorne Gold Mines. The initi … Read More
March 12, 2024
Lithium-ion battery resource recovery company Li-Cycle (NYSE: LICY) announced Tuesday it raised $75 million through a senior note financing with an affiliate of Swiss commodities giant Glencore (LON: GLEN). Glencore last year said it planned to develop a recyc … Read More
March 12, 2024
Aluminum prices surged on Tuesday, reaching nearly six-week highs due to signs of seasonally robust demand. On the London Metal Exchange (LME), three-month aluminum touched $2,270 per metric ton, marking its highest level since February 1st. According to Tom P … Read More
March 12, 2024
Galiano Gold (TSX: GAU; NYSE: GAU) says it’s found a new high-grade zone below the Abore pit at the Asanko gold mine in Ghana that it operates in a joint venture with Gold Fields (NYSE: GFI; JSE: GFI). Infill drilling over 84 holes for 22,470 metres in the sou … Read More
March 12, 2024
Reunion Gold (TSXV: RGD) announced Tuesday that the Guyana government has accepted the terms of scope for the environmental and social impact assessment (ESIA) on the Oko West project, allowing the company to move ahead with permitting. Rick Howes, CEO of Reun … Read More
March 12, 2024
Barrick Gold (TSX: ABX; NYSE: GOLD), the second-biggest gold miner by market value, this month poured its first gold in Papua New Guinea in nearly four years as CEO Mark Bristow marked another turnaround in a career coupling value investing with local partners … Read More
March 12, 2024
A researcher at the Leibniz Institute for Catalysis in Rostock has developed new methods for the synthesis of drug precursors using catalysts made of iron, manganese and cobalt. In a paper published in the journal Chemical Science, Johannes Fessler explains th … Read More
March 11, 2024
Québec-focused gold explorer O3 Mining (TSXV: OIII) announced Monday it has sold its Louvem property to a subsidiary of Eldorado Gold (TSX: ELD) for cash consideration of C$80,000 and the retention of a 0.5% net smelter return (NSR) royalty. The Louvem propert … Read More
March 11, 2024
US, Canada, Indigenous governments to collaborate on reducing river pollution from British Columbia coal mines The United States and Canada announced Monday they have agreed to cooperate to reduce and mitigate the impacts of water pollution from coal mines ori … Read More
March 11, 2024
Aurion Resources (TSXV: AU) has been notified by joint venture partner B2Gold (TSX: BTO) that an offer has been made to acquire B2Gold’s 70% interest in the JV, which focuses on gold exploration along the Central Lapland greenstone belt of northern Finland. Th … Read More
March 11, 2024
Arizona Lithium (ASX: AZL, OTC: AZLAF) announced on Monday that it has entered into a mining services agreement with Navajo Transitional Energy Company (NTEC) for the Big Sandy project. As a wholly owned subsidiary of the Navajo Nation, NTEC will oversee permi … Read More
March 11, 2024
Few Canadian mining leaders have committed to full carbon emission reductions by 2050, according to a survey by KPMG. Decarbonization emerges as one of the industry’s foremost challenges, as the survey conducted last month with 75 mining company decision-maker … Read More