Unionized workers at Baffinland Iron Mines' Mary River iron ore operation on the northern tip of Baffin Island, in Canada's territory of Nunavut, are urging the federal government to approve the company's request for a shipping limit expansion.After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) rejected on May 13 Baffinland's request to more than double...Read More
Last year was an exceptional one for Lundin Gold (TSX: LUG) and its high-grade Fruta del Norte underground mine in southeastern Ecuador, 130 km northeast of Loja, the country's fourth-largest city.The company generated US$268 million of free cash flow in 2021 from the production of 428,514 oz. of gold at an all-in sustaining cost (AISC) of US$762 per oz., beating its guidance of 380,000 to 420,000...Read More
Today's mining companies are complex organizations that operate in dynamic and evolving business environments. To manage a successful mining operation involves navigating the diverse and increasingly complex challenges of sustainability, governance, and stakeholder engagement on top of the requirements of managing finances, inventories, and supply chains that are common to all operators.Illumiti,...Read More
Mar 30, 2021 First Mining Gold's CEO and Director, Dan Wilton, and Auteco's Executive Chairman, Ray Shorrocks, will discuss ...Read More
Jul 27, 2021 In this live summit with President, CEO and Director, Jamie Levy; Executive Chairman, Kerry Knoll; and Chief ...Read More
Feb 1, 2022 In this live investment summit President & CEO, Brian Skanderbeg, will provide a review of the company's 2021 ...Read More
Jun 21, 2021 Chairman of First Mining, Keith Neumeyer, and CEO and Director, Dan Wilton, will provide an update on First Mining ...Read More
The Chinese aluminum juggernaut has run out of momentum and smelters in Europe are powering down, writes Andy Home.Read full newsRead More
Share this article VANCOUVER - Aurwest Resources Corp. [AWR-CSE; AURWF-OTC] reported drill results from recent exploration drilling at the Paradise Lake project, central Newfoundland. These initial results provide analytical assay data results for the first three drill holes completed as part of the 11-hole drilling program at Paradise Lake within the 4.5-km long Cape Ray Valentine Lake corrido...Read More
Lithium developer Sayona Mining (ASX: SYA) on Friday announced a $136-million institutional placement to fund the 2023 restart of its North American Lithium (NAL) operations."The planned restart at NAL remains on schedule for first spodumene concentrate production in Q1 2023, with critical long?EUR?lead items secured and senior staff recruited. NAL concentrator commissioning is projected for late...Read More
The next "boom" in the mining industry is going to be in recovery technology, as companies focus on making the most out of existing resources, says Ana Cabral-Gardner, co-CEO of Sigma Lithium (TSXV: SGML; NASDAQ: SGML), which is developing the large Grota do Cirilo lithium project in Brazil. While investing in technology that improves recoveries and allows existing resources to produce more may n...Read More
Nunavik-based Raglan mine, owned by Glencore (LSE: GLEN), has asked Quebec's Ministry of Labour, Employment and Social Solidarity to appoint an independent mediator to facilitate discussions with the mine's union after workers voted in favour of a strike mandate. Nearly 98% of the 630 workers from the United Steelworkers Union, Local 9449, voted in favour of a strike action, the union said in a...Read More
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some revival in the second half of 2022.While metals prices remain highly sensitive to developments in China, the world's largest metal producer and consumer, Fitch Solutions' Country Risk team has flagged increased downs...Read More
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company - Sandbox Royalties - which will combine assets in the Americas and Europe.The US$93.4-million transaction will see the two Canadian gold producers sell a portfolio of royalties to privately-held Rosadale Resources. Equinox Gold is offloading royalties worth US$28.4 million in co...Read More
Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees.At press time, a federal election in mining-friendly Australia had already taken place. On May 21, Aussies chose a new government under Labour Party leader Anthony Albanese. The centre-left Albanese replaces Scott Morrison,...Read More
This video looks at the performance since 2021 of the copper price and the largest listed copper stocks listed on the TSXV.Read More
Share this articleVANCOUVER - Anacortes Mining Corp [XYZ-TSXV-XYZFF-OTCQB] has commenced drilling at the Tres Cruces oxide and sulphide in the Quiruvilca Mining District in north central Peru.The move comes after the company said it had received the Authorization to Initiate Exploration Activities" from the Peruvian Ministry of Energy and Mines. This represents the final approval necessary to comm...Read More
Share this articleVANCOUVER - Sama Resources Inc. [SME-TSXV; SAMMF-OTC] report additional drilling results from the 2021 to 2022 drilling campaign at the newly discovered 100%-owned Grata nickel-copper-palladium (Ni-Cu-Pd) prospect in Ivory Coast, West Africa. Sama has drilled a total of 23 drill holes for 7,673 metres at the Grata discovery.Highlights include drill hole GR-06B that returned 60.15...Read More
On August 17, 1896, Mrs. Bridget Driscoll became the first person to die from a car accident.She was hit by Arthur Edsell, who was employed by the Anglo-French Motor company at the time.Almost two years later, on February 12, 1898, Mr. Henry Lindfield died from injuries related to a car accident when his "electric carriage" overturned.And on February 25, 1899, James Stanley Richer became the first...Read More
Solaris Resources (TSX: SLS) has reported assay results from six holes aimed at upgrading and growing the resources at its Warintza copper porphyry project in southeastern Ecuador. Highlights from the drill results included 930 metres grading 0.62% copper, starting at 2 metres in drillhole SLS-61 and 926 metres grading 0.49% copper starting from surface in drillhole SLS 57. Hole 57 targeting the...Read More