Mine News

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

March 20, 2023

Gold price backs off after surpassing $2,000 for first time in a year

Gold prices backed off from the key $2,000 level on Monday as investors assess the health of the global banking sector, even as increasing bets of a Federal Reserve rate pause kept bullion near a one-year peak. Earlier, spot gold climbed 1.6% to its highest si … Read More

March 20, 2023

Golden Minerals tables initial resource for Yoquivo silver-gold project in Mexico

Golden Minerals Company (NYSE-A: AUMN, TSX: AUMN), a precious metals miner with over a dozen projects across Argentina, Mexico and United States, has provided an initial mineral resource estimate for its Yoquivo silver-gold project. Yoquivo is an exploration-s … Read More

March 20, 2023

Evolution Mining stock jumps as underground production starts at Cowal

Evolution Mining Ltd (ASX: EVN) shares surged as much as 11.2% on Monday as the Australian gold miner started underground production three months ahead of schedule at its New South Wales Cowal project. “We are now on the pathway to increase Cowal’s production … Read More

March 20, 2023

Iron ore price falls on China warning, production controls in Tangshan

Iron ore price fell on Monday after China’s state planner issued another warning against speculation in the market and fresh production curbs were imposed in major Chinese steel cities. China’s National Development and Reform Commission said on Friday it would … Read More

March 20, 2023

How silicon, gold, copper help destroy covid-19 virus

Silicon, gold and copper, as well as electric fields, can be used to destroy the spike proteins of SARS-CoV-2, the virus that causes covid-19, according to new research. “Coronaviruses have spike proteins on their periphery that allow them to penetrate host ce … Read More

March 19, 2023

Peru expects 74 mining projects to become operative in 2023

The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments for a total investment of $596 million. “Exploration is fundamental for the development of the mining industry. It consti … Read More

March 19, 2023

Electrification of Canada’s heavy-duty vehicles may yield benefits earlier rather than later – report

A recent report by Deloitte Canada makes the case for decarbonizing commercial vehicles as a measure that is eventually less expensive than maintaining internal combustion vehicles and that has a greater impact on emissions reductions than doing so on passenge … Read More

March 19, 2023

America’s timeline for development of domestic battery metal supply chain may be unrealistic – research

By 2027, for an EV to be tax-credit eligible in the US, 80% of the market value of critical minerals in its battery must be extracted or processed domestically or by US free-trade partners (FTPs), Northwestern University researchers say. In a commentary publis … Read More

March 17, 2023

Kazatomprom’s 2022 profit doubles as it lowers 2023 production guidance

Kazatomprom (LSE: KAP) reported a 115% increase in full-year 2022 earnings on Friday, thanks to a 31% increase in the average realized uranium price. Despite the solid financial performance, the Kazakhstan company – the world’s largest producer of uranium – te … Read More

March 17, 2023

Gold juniors Trillium and Pacton to combine forces in Red Lake

A merger of Trillium Gold (TSXV: TGM) and Pacton Gold (TSXV: PAC) will create an explorer with over 15 projects spanning 1,260 sqkm in the Red Lake mining district, the companies say. Pacton’s Red Lake gold project is within 20 km of Trillium’s Newman Todd com … Read More

March 17, 2023

Ivanhoe’s electro-pulse tech may expand Santa Cruz copper project in Arizona

Ivanhoe Electric (TSX: IE; NYSE American: IE) says visible copper in a drill hole suggested by the company’s new technology bodes well for adding high-margin ore to the resource at the Santa Cruz project in Arizona. Drill hole SCC-122 outside the mineralizatio … Read More

March 17, 2023

Copper price rises as banking crisis woes ease

The copper price rose on Friday as easing concerns over a banking crisis due to the Silicon Valley Bank collapse and Credit Suisse liquidity lifted sentiment. Copper for delivery in May on the Comex market in New York touched $3.95 per pound ($8,690 per tonne) … Read More

March 17, 2023

Gold price rally accelerates as banking crisis shock lingers

Gold prices surged over 2% on Friday as a wave of banking crises shook markets in what would be bullion’s biggest weekly rise since November. Bets also solidified for a less aggressive rate hike by the US Federal Reserve, adding appeal to the non-yielding meta … Read More

March 17, 2023

Hydrogen-based thermal power produced using aluminum scrap

Boston-based startup Found Energy announced that it has successfully produced 20 kW of continuous, hydrogen-based thermal power in an experimental reactor using 1 kilogram of low-grade aluminum scrap such as foil as a fuel source. According to the company, the … Read More

March 17, 2023

Mining people: Alamos Gold, Flying Nickel, Rio Tinto

Changes in management: Alamos Gold promoted Greg Fisher, senior VP of finance to CFO, effective May 1. Centerra Gold appointed Paul Tomory as CEO, effective May 1. Copper Mountain Mining announced Patrick Merrin as president and CEO effective April 24. Lode Me … Read More

March 16, 2023

Activist shareholders accuse Azimut Exploration of ‘squatting’ on Quebec lithium lands

Two activist shareholders with ‘substantial’ holdings in Azimut Exploration (TSXV: AZM) have accused the junior of “squatting” on some of Quebec’s most prospective lithium lands. Coloured Ties Capital (TSXV: TIE) and privately held Bullrun Capital this week is … Read More

March 16, 2023

Teck’s Trail Operations in British Columbia makes the Zinc Mark

Teck Resources (TSX: TECK.A and TECK.B, NYSE: TECK) announced Thursday that Teck Trail Operations has committed to the Zinc Mark. The Zinc Mark is part of the Copper Mark’s multi-metals approach, using an assurance framework that aims to promote responsible pr … Read More

March 16, 2023

Nexa expands zinc resource, extends mine life of Aripuanã in Brazil

South America-focused Nexa Resources (NYSE: NEXA) expanded the resource at its Aripuanã zinc and copper mine in Brazil by enough to extend the operation’s life by three years. Nexa, one of the five largest metallic zinc producers globally, added 8.3 million t … Read More

March 16, 2023

Newmont to study direct air carbon capture in its tailings

Newmont (TSX: NGT; NYSE: NEM), the world’s biggest gold miner, has partnered with the US National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings. The rapid electrochemical mineralization to for … Read More

March 16, 2023

Roscan hits milestone with environmental permit for Kandiole in Mali

Mali has granted an environmental permit for Roscan Gold’s (TSXV: ROS) Kandiole project—the penultimate step that precedes securing a final mining licence, the company reports. CEO Nana Sangmuah said the permit not only “significantly de-risks” the project but … Read More

March 16, 2023

Elon Musk’s Starlink linked to illegal mining in Brazil

Perhaps not even the biggest Elon Musk detractors could have imagined one of his ventures being linked to unethical mining. Reports this week by The Associated Press revealed that illegal gold miners in Brazil’s Amazon have been using Musk’s Starlink high-spee … Read More

March 16, 2023

Iron ore price falls as China plans to cut steel production

Iron ore prices fell on Thursday as China reported a plan to again cut annual crude steel production this year. Benchmark 62% Fe fines imported into Northern China retreated 2.51%, to $129.88 per tonne. The most traded May iron ore contract on China’s Dalian C … Read More

March 16, 2023

Peninsula Energy delays Wyoming uranium project restart, shares plunge

Peninsula Energy has delayed the restart of commercial production at its Lance project, in Wyoming, from the first quarter of this year until mid-2023. According to the company, there has been a delay in the delivery of equipment. “The current inflationary eco … Read More

March 16, 2023

BHP’s Project Dig unearths 100-million-year-old fossil in Western Queensland

Fossilized elasmosaur, a long-necked plesiosaur that co-existed with dinosaurs in the early Cretaceous Period. Image from BHP. Project DIG, a partnership between Queensland Museum Network, BHP and BHP Mitsubishi Alliance has uncovered a rare new fossil from We … Read More

March 16, 2023

Norcat launches Canada-wide mining technology innovation competition

NORCAT, together with their technology partners, has launched the Mining Technology Innovation challenge, a Canada-wide competition for innovators to create 5G applications to enhance safety, productivity and operational improvements in the global mining indus … Read More

March 16, 2023

Fortescue, NREL partner to boost green hydrogen development

West Australian Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals Group, and the US’ National Renewable Energy Laboratory have partnered to develop a green hydrogen research center in Colorado. The initial collaboration will be three years, … Read More

March 15, 2023

Tudor Gold updates Treaty Creek resources

Tudor Gold (TSXV: TUD) announced the results of its updated mineral resource estimate (MRE) for its flagship Treaty Creek gold-copper-silver project and grades have all increased. The Treaty Creek project is located in the Golden Triangle region of BC and the … Read More

March 15, 2023

Canada Nickel reports high nickel recoveries at Reid project

Canada Nickel’s (TSXV: CNC) first metallurgical test at Reid, an ultramafic nickel project near its flagship Crawford nickel sulphide project in Ontario, returned a head grade of 0.35% nickel, 0.10% sulphur and 6.2% iron. The company said the initial open pit … Read More

March 15, 2023

Northern Star halts Pogo gold mine in Alaska

Northern Star Resources (ASX: NST) has temporarily halted gold production at its Pogo operation in Alaska while repairs are underway on the ball mill motor. Located 145 km southeast of Fairbanks, the Pogo operation covers around 17,080 hectares of mining and e … Read More

March 15, 2023

Miners need to learn how to navigate the political spectrum in Latin America, says Southern Pulse

Scenario: A profitable gold mine operator in faces a threat of work stoppage as local political leaders square off with the local union leader. The protests are not organized by the union but by the local community leader, who holds more influence over the loc … Read More

March 15, 2023

Moody’s upgrades global metals & mining outlook to stable

Moody’s Investors Service has changed its global Metals & Mining outlook to stable from negative as business conditions have modestly improved in the US and Europe and China ́s reopening of the economy supports demand for base metals, steel and coal, impro … Read More

March 15, 2023

enCore makes production decision on Alta Mesa, its second uranium facility

The Alta Mesa facility has a total operating capacity of 1.5 million pounds of uranium per year. Credit: enCore Energy Corp. enCore Energy (NYSE American: EU) (TSXV: EU) has made a formal production decision for the resumption of uranium production from the Al … Read More

March 15, 2023

Gold price rebounds as fresh banking crisis hits risk appetite

Gold prices rebounded on Wednesday as a new crisis in the banking sector turned investors away from seemingly riskier assets and drove them to the safety of bullion. Spot gold traded 1% higher at $1,922.65 per ounce by 1 p.m. ET, rising to its highest since ea … Read More

March 15, 2023

Canadian Mining Hall of Fame issues call for 2024 nominations

Stock image. The Canadian Mining Hall of Fame has issued its 2024 call for Nominations. Each year, the CMHF reaches out through its network in search of outstanding individuals for consideration by the Board for induction into the Canadian Mining Hall of Fame … Read More

March 15, 2023

Copper price falls amid banking woes

Copper price fell on Wednesday as equities markets were shaken by fresh banking sector concerns. Global markets were uneasy Wednesday after Credit Suisse’s biggest shareholder said it could not provide more financial support to the Swiss bank. Copper for deliv … Read More

March 15, 2023

Researchers find efficient way to turn vegetable oil industry waste into power

Iran-based researchers have developed a novel and cost-effective anode catalyst that can improve and stabilize the power generation performance of microbial fuel cells (MFCs) treating vegetable oil industry wastewater. In a paper published in the Journal of Ch … Read More

March 14, 2023

Cedar LNG plant gets green light in British Columbia

A C$3 billion ($2.2bn) floating liquefied natural gas plant that the Haisla First Nation and Pembina Pipelines (TSX:PPL) plan to build in Kitimat, British Columbia got the green light from the provincial government Tuesday. The project completed an environment … Read More

March 14, 2023

China to step up deep sea mining efforts

China Daily reports that the country will make renewed efforts to join the race to mine the deep sea for critical minerals. The English language government-run paper says China lags behind the West in terms of research, technology and hardware for seabed minin … Read More

March 14, 2023

Gold ETFs record 10th consecutive month of outflows — report

Global physically backed gold ETFs witnessed another month of outflows in February 2023, losing a total value of $1.7 billion during the period, said the World Gold Council in its latest report. This represents the longest monthly losing streak since January 2 … Read More

March 14, 2023

Multiple wins for Laurentian University students at Canadian Mining Games

Laurentian University students have once again made their mark on the Canadian Mining Games, taking home two first place finishes as well as two third place finishes in the 2023 competition. The 33rd edition of this long-standing event saw students compete in … Read More

March 14, 2023

Newcrest, Newmont set to talk as Newcrest outlines more mining potential

A month after Newcrest Mining (TSX: NCM; ASX: NCM) rejected a $17 billion takeover bid from Newmont Mining (TSX: NGT; NYSE: NEM), the two are to discuss a potential deal, Australian Financial Review reported on Monday. The two gold miners reportedly signed non … Read More

March 14, 2023

Deep South Resources prospects improve in battle for Haib copper project licence in Namibia

The High Court of Namibia has rendered its judgment and set aside the decision of the Minister not to renew Deep-South Resources (TSX-V: DSM) licence for the Haib copper project. The decision is a win for the Canadian miner in its battle to renew the company’s … Read More

March 14, 2023

Burgundy buys Canada’s largest diamond operation

Burgundy Diamond Mines (ASX: BDM) is buying debt-burdened Arctic Canadian, owner of Canada’s largest gem workings, the Ekati mine, to become one of the world’s biggest diamond operations. The purchase price is $136 million, composed of $21 million in stock, $1 … Read More

March 14, 2023

Ivanhoe Mines posts near tenfold profit increase in 2022; stock rises

Shares of Ivanhoe Mines (TSX: IVN) rallied on Tuesday after posting record highs in revenue and profit in 2022. The stock was up up 2.5% as of 11:30 Eastern Time in Toronto, valuing the company at C$13.9 billion ($10.1bn). On Monday, the southern Africa-focuse … Read More

March 14, 2023

Scientists use crab shells to develop battery anodes

Researchers at the Kyushu Institute of Technology and Shandong First Medical University are “upcycling” crab shells to create anode materials for sodium-ion batteries — an up-and-coming competitor to lithium-ion chemistries. In a paper published in the journal … Read More

March 13, 2023

Iran’s lithium discovery and potential implications to the global battery and electric mobility ecosystem

While the mining sector has started to pick up in the Arab Gulf states (also referred to as the Gulf cooperation council [GCC]), Iran has introduced measures to expand its mining and metals sector in recent years as part of plans to diversify its economy away … Read More

March 13, 2023

SQM launches corporate acceleration program for entrepreneurs and startups

SQM has announced a new initiative: “SQM Lithium Ventures Corporate Acceleration Program” in collaboration with Endeavor Atacama. The companies are looking for entrepreneurs from Chile and around the world who provide innovative solutions to address the chall … Read More

March 13, 2023

New Found Gold soars on new drills results from Iceberg discovery

New Found Gold (TSXV: NFG) has added vertical dimension to the new Iceberg discovery at its 100%-owned Queensway project in Newfoundland with a high-grade intercept of 49.7 g/t gold over 29.85 metres drilled below the discovery holes. Shares of New Found Gold … Read More

March 13, 2023

Silver price jumps as SVB collapse spurs flight to safety

Silver prices surged on Monday as its safe-haven appeal drew in investors spooked by the collapse of Silicon Valley Bank. The metal advanced 6.3% to $21.81 per ounce during the morning session. “A lot of investors are looking to the precious metal space as a s … Read More

March 13, 2023

Electra produces lithium from battery recycling trial

Electra Battery Materials (NASDAQ: ELBM; TSX.V: ELBM) successfully recovered lithium, in its black mass recycling trial, conducted at its refinery north of Toronto. Lithium is a critical mineral needed for the electric vehicle (EV) battery supply chain. Black … Read More

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Gold claims sale

Yukon. New 10 year license, 30 claims grouped. 30 Virgin Claims.

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