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Share this articleVANCOUVER - Bear Creek Mining Corp. [BCM-TSXV, Lima] shares advanced Friday after the company released production forecasts for its Mercedes Gold Mine in Sonora Mexico.The company said it expects Mercedes to produce 65,000-70,000 ounces of gold this year at an average cash gold of US$830 to US$940 per ounce. The all-in-sustaining cost is forecast at between US$1,120 and US$1,290...Read More
Last March, President Biden made a promise to help reduce Europe's dependence on Russian energy. Natural gas was at the top of the list. As more and more Russian tanks rolled across the border into Ukraine, it became clear that the EU was in for a rough year as Vladimir Putin weaponized Russia's natural gas exports. There was no reason to think he was bluffing because if there's one thing Putin...Read More
Multinational Wyloo Metals has reiterated its commitment to establishing an Ontario-centric integrated critical minerals supply chain, CEO Luca Giacovazzi told The Northern Miner's recent Global Mining Symposium.The privately-held Australian company, part of billionaire Andrew Forrest's business empire, has made an early commitment to see the nickel and concentrate produced out of its Eagle's Nest...Read More
Lithium Royalty, a Toronto-based investor in battery metal producers, is planning to list on the city's stock exchange to raise capital as it considers opportunities in Quebec for the fast-growing industry. The initial public offering (IPO) could be valued at $150 million, one of the five largest for the TSX in the past year, according to a report this week in The Globe and Mail citing unnamed...Read More
Resurgent Chinese demand can overcome a potential recession while the gold price remains strong and Wheaton Precious Metals (TSX: WPM; NYSE: WPM) expands its production by 40% over four years, according to company head Randy Smallwood. The streaming company remains focused on long-life mines with gold and silver byproducts in stable jurisdictions and may step outside its Americas focus to enter...Read More
Victoria Gold (TSX: VGCX) has issued an updated life-of-mine plan for the Eagle gold mine in central Yukon, and posted an increase in resources.The Eagle mine is part of Victoria's 100%-owned Dublin Gulch property, consisting of two pits (Eagle and Olive) that will be mined over a period of 10 years, with processing of stockpiled adding another 1.5 years to the operation. It entered commercial pro...Read More
From Botswana to Ecuador, Spain and Jamaica - it may sound like a travel destination bucket list, but these are just some of the places these eight juniors are exploring for precious, base and energy metals.Aurania ResourcesAurania Resources (TSXV: ARU; US-OTC: AUIAF) claims to have discovered the "lost city" of Logrono de los Caballeros, a historic gold camp from the time of the Spanish conquista...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) expects production to significantly increase over the next five years thanks to the addition of the Skouries gold-copper mine in northern Greece.The company's board approved in December a full restart of construction activities at Skouries, which has reserves of 3.7 million oz. of gold and 1.7 billion lb. of copper (147.1 million tonnes grading 0.77 gram gold pe...Read More
Last week on "The View," host Joy Behar said East Palestine got what they deserved after voting for Trump because he relaxed ...Read More
North Korea launched four Hwasong-2 cruise missiles from the North Hamgyong province on Thursday, which flew in figure-eight ...Read More
US Secretary of State Anthony Blinken accused China of considering providing lethal support to Russia in its aggression against ...Read More
million dollars in cryptocurrencies from six Binance accounts linked to drug traffickers were seized by US federal officials in 2022.Read More
Google has claimed a breakthrough in correcting errors inherent in quantum computers. The company's research published in the ...Read More