"While global inflationary pressures were present in the first quarter of this year, second quarter costs were further impacted by higher energy and commodity prices resulting from the conflict in Ukraine," First Quantum said in its Q2 results, which were released after market close on July 26."Costs for fuel, explosives, freight, mill balls, reagents and other consumables represent almost half of...Read More
"Teck will have the mining sector talking tomorrow morning with a slew of press releases tonight," BMO Capital Markets analyst Jackie Przybylowski said.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDBorn in 1958, he graduated from the New Mexico Institute of Mining and Technology in 1981, becoming...Read More
"Most of the impact to production came from lower-grade ore and crushing circuit throughput," Copper Mountain's president and CEO Gil Clausen said.Read More
Rumble Resources describes its flagship Earaheedy project in Western Australia as an emerging world-class base metals discovery, where it's set an initial exploration target of 100-120Mt at 3.5%-4.5% lead-zinc sulphide, as managing director Shane Sikora outlines, along with a host of catalysts including an upcoming maiden JORC resource.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDVan Eck was once of the institution investors irked by the premium, reminding its clients in a resea...Read More
In April, Ascot said it had been unable to reach an agreement with Sprott Private Resource Lending on the satisfaction of the drawdown conditions for the remaining US$60 million of an $80 millionRead More
The viability report, commissioned by Kavango to assess whether the target would be economically viable, is a conceptual study—and not a definitive study.The study, prepared by Executive Mining, concludes the IOCG target would be economically viable at depths up to 2 kilometres below the surface, should sufficient bulk of mineralization be discovered that is of sufficient grade.Kavango now p...Read More
After reviewing security controls and standards, and reinforcing the safety training of contractors, the vice presidency of projects gave the green light to gradually restart works.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDAdjusted second quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) for...Read More
The decision follows a May decision which rejected a permit application for the $3 billion Los Bronces integrated project, which contemplates an underground mine to extend the mine life from 23 yearsRead More
Ivanhoe Electric is aiming to develop the Santa Cruz copper project in Arizona and has promoted the development as a key future supply of a key metal in the energy transition.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSORED The US$65 million, two-stage deal will see an initial $10 million committed to expand explora...Read More
GCM currently owns 44.3% of Aris. Under the terms of the no premium transaction, all Aris shares not held by GCM will be exchanged at a ratio of 0.5 of a share of GCM for each Aris share.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsAn additional 90,000oz were converted from the inferred to indicated category. This resulted in an updated estimate comprising 263,000oz gr...Read More
Second quarter production updates released by these firms this week gave insight into rising costs in these countries - some of which are rising above 25% - and ongoing operational challengesRead More
Second quarter copper and gold production at its 90%-owned El Roble mine in Colombia was above market consensus. Production in the second quarter was 3.Read More
"The climate for junior gold financing and M&A has slowed following a strong first quarter, and in our view could face a period of reduced activity similar to the prior downcycle in 2013-15," saidRead More
Named after the 126-year-old project, Wiluna Mining called in outside administrators this week following a financial crisis which has seen the company's share price fall by 80% over the last sevenRead More
Certain operational conditions, including a restricted drilling plan for the first 12 months proposed by the company, will need to be implemented.Read More