First Mining PEA pegs Duparquet initial capex at $706M
A preliminary economic assessment (PEA) for First Mining Gold‘s (TSX: FF; US-OTC: FFMGF) Duparquet project in the Abitibi region of Quebec puts an initial price tag of $706 million on…
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Summit Nanotech eyes US$150M to scale up lithium extraction method
Calgary-based Summit Nanotech plans to raise US$150 million to take its own direct lithium technology to commercial scale as the startup gears to open a testing facility in Santiago, Chile…
Industry council strives to cut emissions with new guidelines
Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies…
FPX Nickel sees profitable US$2.2B-capex Baptiste nickel project in BC
FPX Nickel (TSXV: FPX; US-OTC: FPOCF) says its Baptiste nickel project in central British Columbia would cost at least US$2.2 billion to build and still be a high-margin supplier of battery metals or…
Ivanhoe Electric Santa Cruz project details new source of ‘green’ copper in US
Ivanhoe Electric (TSX: IE) has released the results of an initial assessment (IA) analyzing the potential for an underground copper mine at its Santa Cruz project located west of Casa…
Hochschild cuts production targets after pre-tax loss
Hochschild Mining (LSE: HOC) lowered on Wednesday its full-year production guidance after swinging to pre-tax losses of US$66.1 million ($90.3 million) in the half-year compared with a profit of US$5.4…
Sigma Lithium to decide on Grota do Cirilo expansion this month
Sigma Lithium Resources (TSXV: SGML; NASDAQ: SGML) is set to reveal details of its second and third phase expansion plans at its Grota do Cirilo lithium project in Minas Gerais…
New Pacific’s Carangas in Bolivia holds 200M oz silver, plus gold and base metals
New Pacific Metals (TSX: NUAG; NYSE-AM: NEWP) says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide. The report released on Tuesday divides Carangas…
Podcast: Gold awaits ‘narrative shift’, ft Canaccord Genuity’s Cam Currie on precious metals stocks
This week’s episode features Canaccord Genuity senior investment advisor Cam Currie in conversation with host Adrian Pocobelli on the undervaluation in gold stocks as well as potential opportunities in silver…
Aura Minerals declares commercial production at Almas gold mine in Brazil
Following up on its first gold pour in early August, Aura Minerals’ (TSX: ORA) Almas gold mine in Brazil has now achieved commercial production, with an effective date of Aug….
Protests cast doubt on approval of First Quantum’s contract in Panama
Panamanian social and environmentalist organizations called for a national march on Tuesday afternoon towards the Parliament to demand legislators reject a deal between First Quantum Minerals (TSX: FM) and the…
Fortuna discovers new vein at San Jose in Mexico after labour dispute raises costs
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) says it has discovered a new vein at its San Jose mine in Mexico that indicates a different type of mineralization for the site that…