Shares in the firm fell 6% or $3.14 to $46.70 on the New York Stock Exchange following the new guidance. Average unit net cash costs in first-quarter 2022 were $1.Read More
"Production in the normally slower first quarter was 10% lower than the same period in 2021, impacted by peak Covid-related absenteeism, high rainfall affecting operations in South Africa and Brazil,Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDThree events occurring in quick succession are combining to set the scene for a once in a generation economic policy challenge.Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDThe US$740/t achieved compares to the $459-668/t recorded in the previous four quarters and represents a revenue to cost ratio of 3.3 to 1 - ver...Read More
The judge ordered the suspension on the grounds that the no prior consultation process had been undertaken with local communities.Read More
Cascabel would produce an average of 132,000 tonnes per year of copper, 358,000 ounces a year of gold and 1Moz/y of silver, or 212,000tpy copper equivalent for an initial 26 years in a cleanRead More
The Q1 production fell 38% year-on-year to 15.9Mlb CuEq, which Sierra blamed mainly on a 50% decrease in throughput at Bolivar mine in Mexico, in conjunction with lower-grade ore. "An improvement is expected on a quarterly basis, in particular during the second half of the year, due to the full turn-around effort currently underway," Sierra's CEO Luis Marchese said. He said that the turn...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDVale's iron ore production stood at 63.93 million tonnes in Q1, having dropped 6% year-on-year and 23% quarter-on-quarter. Pellet productio...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDShipments were 71.5 million tonnes, well below consensus estimates of 76.6Mt and missing RBC Capital Market's more conservative forecast of 73.1...Read More
Hole 58, which is outside the current resource shell and ended in mineralisation, also intercepted 6m grading 398 grams per tonne silver in the silver zone.Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDBig River's undeveloped Borborema project has 2.43 million ounces in resources, meaning the transaction equates to about $38/oz.The 36c per shar...Read More
Gold production at the Sukari mine was down 11% year on year in the first quarter, at 93,109 ounces. Revenue was down 8% to US$174.Read More
Petropavlovsk has been asked to immediately repay a US$201.0 million loan by Gazprombank, with another US$$87.1 million demanded by April 26.Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSORED "We are deeply saddened by this unexpected event," Trevali's president and CEO Ricus Grimbeek said. "Our immediate focus is on sear...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDSyrah and the DOE are targeting financial close by the end of June.The loan is being made as part of the USA's Advanced Technology Vehicles...Read More
The battery giant has announced a plan to join forces with ASX-listed, state-backed producer Aneka Tambang and its subsidiary Industri Baterai Indonesia, to invest almost US$6 billion in the Indonesia electric vehicle battery integration project, which will run the gamut from nickel mining and processing, EV battery materials, and battery manufacturing and recycling. The aim of the three-way...Read More
"When I asked Craig to join as CEO in early 2020, he committed to this role for several years with the intention that I would transition into the CEO role over this timeframe.Read More
Predictive Discovery is entering a new chapter as the company looks to expand its Bankan "once in a decade" gold discovery in Guinea and build West Africa's next tier one gold mine.Within 17 months, Predictive (ASX: PDI) went from a discovery hole at Bankan, located in Guinea's Siguiri Basin, to a resource of 72.8 million tonnes grading 1.56g/t for 3.65 million ounces.Managing director and experie...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDReports covering March quarter production, scheduled to start flowing this week, might throw fresh light on the size of the challenge confrontin...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDResolute said Gale was leaving to take up a role with an Australia-focused mining company.Read More