Skeena Resources (TSX: SKE) has received the final drill results from its 2021 regional and near-mine exploration programs at the Eskay Creek gold-silver project. This drilling was designed to follow up on the company's resource category conversion drilling performed in early 2021.The new results were highlighted by exploratory drill hole SK-21-997, which returned high-grade gold mineralization av...Read More
Toronto's Kinross Gold (TSX:K; NYSE: KGC) has poured its first gold bar since the restart of mining at La Coipa 1,000 km north of Santiago, Chile, in the Atacama region.Commissioning the mine and mill began in early February, on schedule and under budget. The plant is expected to reach full capacity by mid-year. Annual production is expected to be about 250,000 oz. of gold.Two years ago, Kinross g...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has reported a substantial increase in mineral resources at its Indin Lake property located 200 km north of Yellowknife, Northwest Territories, further demonstrating the potential for a future large-scale, higher-grade, open pit project in the district.Indicated resource for the open pit was 121% higher than its previous estimate, now standing at 46.4 milli...Read More
Monumental Minerals (TSXV: MNRL) has signed a deal with Lithium Chile (TSXV: LITH; US-OTC: LTMCF) to have the option to acquire up to 75% of the Salar De Laguna Blanca project in northeastern Chile. Under the deal, Monumental will have to pay $1.5 million and spend the same amount on exploring the Laguna project within three years. Lithium Chile will also hold 9.9% of Monumental's shares. On...Read More
A couple months ago I was sitting in a room with a whole bunch of my peers, talking about the future. We were talking about yearly predictions, or at least what could be in store in the near future.I couldn't have been more wrong.Like so many, I discounted the idea of a European war. I also doubted that anyone would mess with their "bread and butter." Rich getting richer, moving past one of the m...Read More
Jeff Currie, Goldman Sachs head of commodity research, joins CNBC's 'Squawk Box' to break down nickel futures after the London Metal Exchange suspended tradi...Read full newsRead More
Surging raw materials costs, made worse by Russia's invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.Read full newsRead More
Nickel is a key material used in electric vehicle batteries.Read full newsRead More
?EUR?A nation that can't control its energy sources can't control its future."- Barack ObamaRead full newsRead More
During President Biden's State of the Union Address, the price of oil jumped 10% to $113 a barrel. The president has prioritized climate change over energy independence at a time when the world is facing an energy crisis.Coal prices have been skyrocketing and are up about 500% for the year. This week, oil prices climbed even more. If you do the math and adjust for inflation, oil would have to hit...Read More
The London-listed equities of Alba Minerals (LSE: ALBA) and GreenRoc Mining (AIM: GROC) rose on Tuesday following a maiden graphite resource for the Greenland-based Amitsoq project.GreenRoc has compiled a Joint Ore Reserves Committee- (JORC) compliant indicated and inferred resources of 8.28 million tonnes at an average grade of 19.75% graphitic carbon, giving a total graphite content of 1.63 mill...Read More
Russia's invasion of Ukraine, already pushing up prices for an array of commodities rapidly higher since it began on Feb. 24 - including adding a record 250% to the price of nickel over the past two days - will have longer-lasting structural effects on metals and mining markets and supply, said BMO Metals and Mining in a report released on Monday. The report "Ukraine & Russia: Identifying Exposur...Read More
Women working across the resource industry continue to face challenges around bullying, discrimination and inequitable treatment, a new report by the Australasian Institute of Mining and Metallurgy (AusIMM) shows.According to the document, which is based on the responses of 550 people polled for the organization's fourth annual Women in Mining Survey, 70% of female respondents said bullying is com...Read More
This week's episode features Integra Resources president and CEO George Salamis in conversation with Northern Miner Podcast host Adrian Pocobelli. George discusses the recent BMO conference in Florida, supply concerns ("We're short on everything"), and how North America can streamline its metal production with faster permitting timelines.This week's CEO Spotlight features Lomiko Metals chief execu...Read More
The London Metal Exchange (LME) cancelled nickel trading on Tuesday after a first-time 250% price spike triggered by Western sanctions against major producer Russia, which left brokers struggling to pay margin calls against unprofitable short positions.Prices for the metal, key ingredient in batteries that power electric cars and high-tech devices, soared to a record above US$100,000 a tonne amid...Read More
Mkango Resources (TSXV: MKA) says that it has produced neodymium and praseodymium enriched rare earth carbonate on a pilot basis from raw materials taken from its Songwe Hill Rare Earths project in Malawi in east Africa. The company's CEO William Dawes told The Northern Miner that the hydrometallurgical piloting, which took place at Australia's Nuclear Science and Technology Organisation, was a...Read More
Some 80 years ago, some poor young man on the HMS Sheffield, clearly not willing to smile for reasons probably related to the conditions depicted, was captured on film in a God-forsaken corner of the world:The U.S. was swirling around the maelstrom that was World War II as it sent rickety cargo ships to sleepy ports few Americans knew about - some worse than others.Welcome to the "Murmansk Run."Pa...Read More
Geodrill hopes that a strong gold price and new contracts will see the good results continue through 2022. The Q4 net income stood at US$2.8 million, or $0.06 per share, which saw 2021 net income rise 88% year-on-year to $14.1 million, or $0.31 per share. The West Africa-based company's revenue hit $26.7 million in Q4, having risen by 8% year-on-year.For 2021, the company's revenue was $...Read More
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