Canada has rejected Glencore's (LSE: GLEN) proposed open-pit Sukunka coal mine project near Tumbler Ridge in British Columbia on environmental grounds.The coal mine, 55 km south of Chetwynd and 40 km west of Tumbler Ridge, would have produced three million tonnes of hard coking coal per year.The metallurgical coal mine would have had a mine life of up to 20 years, and a coal handling and processin...Read More
Argosy Minerals (ASX: AU) has produced battery quality lithium carbonate at its Rincon lithium project in Argentina's Salta province.The 99.76% lithium carbonate was produced as part of the commissioning phase of the 2,000 tonne per year lithium operation and the company says it plans to finish the ramp-up phase and achieve steady-state production by the end of the second quarter of fiscal 2023.Au...Read More
Fury Gold Mines (TSX: FURY, NYSE-AM: FURY) says drill results from its Percival prospect may expand the resources at its Eau Claire project near James Bay in Quebec.The Vancouver-based company drilled five step-out holes on the westerly down plunge of its "considerably under-explored" Percival target, where high-grade mineralization has been defined in a 500 metre by 100 metre surface footprint to...Read More
Australia-based Vital Metals (ASX: VML; US-OTCQB: VTMXF) says it is pivoting from completing the rare earths separation plant in Saskatoon to better align with its Norwegian offtake partner while the cost of the processing facility has doubled.The cost of the Saskatoon plant has been estimated at "over $20 million" as recently as Vital's Sept. 20 press release. It now says the amount spent to date...Read More
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Micron Technology press release(MU): Q1Non-GAAP EPS of -$0.04misses by $0.02.Revenue of $4.09B (-46.8% Y/Y)misses by $50M.Operating cash flow of $943 million versus $3.78...Read full newsRead More
"The company and its board of directors believe the price of its common shares from time to time to be not reflective of the underlying value of the company," Alamos Gold said. Read More
Share this article VANCOUVER - Dynacor Gold Mines Inc. [DNG-TSX} on Wednesday reported gold sales of US$15 million for November, 2022, a decrease of 15.3% or US$2.7 million compared to November, 2021.It attributed the decrease to the lower average gold price and lower quantities of bullion sold due to monthly inventory variations and reduced ore grade in comparison to year-ago levels.The average...Read More