The tough times will pass for boom-and-bust mining sector
I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay at what the world is…
News
Eloro reports best ever assay at Iska Iska silver-tin project ahead of first resource
The latest two drill holes Eloro Resources (TSXV: ELO; US-OTC: ELRRF) has released from its Iska Iska silver-tin project in the Potosi Department of southern Bolivia, are also the best…
KWG acquires Fancamp’s chromite claims in Ring of Fire
Fancamp Exploration (TSXV: FNC) has agreed to sell all its rights and interests in the Koper Lake-McFaulds mineral properties, comprising four mining claims located within Ontario’s Ring of Fire, to…
De Beers hikes 2022 guidance, citing ‘robust’ US demand
The miner expects to produce 32m-34m carats, from 30m-33m carats thanks to what it calls “robust demand” from US customers.
Lithium Americas breaks ground on lithium process testing facility in Nevada
Lithium Americas (TSX: LAC; NYSE: LAC) has marked the official opening of its lithium process testing facility located in Reno, Nev., with a ground-breaking ceremony on Thursday. The company was…
Golden Arrow walks away from Argentina silver-gold project
Golden Arrow Resources (TSX-V: GRG) has terminated its option to acquire a 75% stake in the Libanesa silver-gold project in Argentina’s Santa Cruz province. The company said it would focus instead…
Belo Sun Mining rises after Brazil court overturns halt of Volta Grande project
Shares of Belo Sun Mining (TSX: BSX; US-OTC: BSXGF) jumped by 55% on Wednesday morning after the company reported that the Supreme Court of Pará State in Brazil had overturned…
Teck forms new JV with PolyMet to advance copper projects in Minnesota
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has entered into an agreement with PolyMet Mining (TSX: POM; NYSE: PLM) to form the 50:50 joint venture New Range Copper Nickel to…
Kenorland Minerals options Alaska copper project to Antofagasta
Junior Kenorland Minerals (TSXV: KLD) has inked an earn-in agreement with Antofagasta (LSE: ANTO) that gives the Chilean miner an option to acquire a 70% interest in the Tanacross copper-gold…
Drought, operational issues bring down Antofagasta guidance
Chilean miner Antofagasta (LSE: ANTO) has lowered its full-year output target to 640,000-660,000 tonnes, after production was hindered from water shortages and a leak in an underground pipeline that transports concentrate…
Gemfields on alert as insurgent attacks creep closer to Mozambique ruby mine
Africa-focused Gemfields (LSE: GEM; JSE: GML) warned on Wednesday that insurgents attacks are edging closer to its ruby mine in Mozambique’s northern Cabo Delgado province but said operations had not been…
Asante Gold boosts Bibiani resource
Asante Gold (CSE: ASE; US-OTC: ASGOF) has increased its Ghana-based Bibiani gold mine’s measured and indicated resources by about 26% to 2.3 million oz. and improved its mine life from…