Radisson sees 74% IRR for O’Brien at spot gold price
Radisson Mining Resources (TSX-V: RDS, US-OTC: RMRDF) says a preliminary economic assessment for the former O’Brien gold mine in Quebec’s Abitibi region outlines a high-value project – as long as…
Financing
Ivanhoe sees $70M Kakula mine dewatering cost
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said it expects the dewatering of its Kakula mine in the Democratic Republic of Congo to cost as much as $70 million (C$96 million). Production…
West Red Lake’s Rowan might earn 42% return
West Red Lake Gold Mines (TSXV: WRLG; US-OTC: WRLGF) said a preliminary economic assessment shows that developing the Rowan project in northwestern Ontario may generate a high rate of return. Based…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
Arizona Metals plunges as Kay resource disappoints
Arizona Metals (TSX: AMC; OTCQX: AZMCF) shares plunged to their lowest level in more than four years after a long-awaited initial resource estimate for the company’s Kay polymetallic project revealed a…
BHP builds $10.6B Jansen mine for potash footprint
The biggest private investment in Saskatchewan history is nearing the finish line. BHP (NYSE, LSE, ASX: BHP) is more than 60% of the way towards completing stage one of the…
CHART: The brutal economics of EV battery lithium
News this week that the world’s second-biggest lithium miner – SQM – has begun laying off 5% of its Chilean workforce would not come as a surprise to those following…
Trump ally eyes Congo mine vital to global tech
The Democratic Republic of Congo is discussing the rights to the Rubaya coltan mine with an consortium led by Trump ally Gentry Beach, the Financial Times reported. Beach, the chair of investment…
ASM hits commercial crit-min output in Virginia
Atlantic Strategic Minerals (ASM) says it’s reached commercial production at the largest mineral separation plant in North America, part of a $200-million investment in a complex including construction and a…
Kenorland options three Ontario projects to Centerra
Kenorland Minerals (TSXV: KLD; OTCQ-X: KLDCF) said it’s optioned three early-stage gold projects located in Northwestern Ontario to Centerra Gold (TSX: CG; NYSE: CGAU) with a view of developing the…
PDAC JV Video: Namib Minerals preps to reopen gold mines in Zimbabwe
Namib Minerals is working to expand and restart three gold mines in Zimbabwe to help fund its critical mineral ambitions in the Democratic Republic of Congo (DRC), CEO Ibrahima Tall…
Snowline Gold posts strong economics in first PEA
Snowline Gold (TSXV: SGD; OTCQB: SNWGF) says a preliminary economic assessment (PEA) for its Valley deposit at the Rogue project in Yukon shows robust economics for what could become a…