Guinea to partner with China-backed consortium at Simandou
The Republic of Guinea has selected a China-backed consortium to develop blocks 1 and 2 of the Simandou deposit, which holds estimated reserves of more than 2 billion tonnes of…
News
PDAC: Investors increase scrutiny over ESG reporting
Among the many challenges facing the minerals exploration and mining industry, Environmental, Social and Governance (ESG) issues are receiving increased attention, with ESG programs now critical components of a company’s…
Alkane confirms Australia’s support to build rare earths mine
Australian gold producer and rare earths developer Alkane Resources (ASX: ALK) is a step closer to developing its Dubbo project after Australia’s export credit agency confirmed its interest in financing…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
B of A cuts GDP forecast, predicts ‘mini recession’
The economics team at Bank of America has cut its 2020 global growth forecast to 2.8% “while also factoring in a mini recession.” “Logistics and supply chains remain an issue,…
Wallbridge grows Fenelon zones
Days after announcing a $110-million all-share acquisition of Balmoral Resources (TSX: BAR) to expand the Fenelon project in Quebec, Wallbridge Mining (TSX: WM) has released drill results from its portion of Fenelon, which…
Rio Tinto’s emissions targets come under fire
Rio Tinto’s (NYSE: RIO; LSE: RIO) new carbon emissions reduction targets have triggered heated criticism from some investors and environmental groups, with a group led by a Friends of the…
PDAC: Friedland previews ‘Revenge of the Miners’
Renowned mining mogul Robert Friedland took a theatrical approach to introduce his message to PDAC convention attendees in early March. The Star Wars theme song filled the packed conference room…
Argonaut hits more high grade at Magino
Argonaut Gold (TSX: AR) continues to intersect high-grade mineralization below and adjacent to the reserve pit limits at its 22-sq.-km Magino project, 40 km northeast of Wawa, Ontario. The most…
Marathon confirms new zone at Valentine
Drilling between the Marathon and Leprechaun deposits at Marathon Gold’s (TSX: MOZ) Valentine Lake project in Newfoundland has confirmed a new area of mineralization: the Berry zone. Drill highlights include 55…
PDAC: Investment bankers discuss coronavirus impact
In a capital markets session at the Prospectors and Developers Association of Canada, investment bankers from BMO Capital Markets, TD Securities, CIBC Capital Markets and RBC Capital Markets discussed the…
JV Article: Drillware Pulls the Plug on Rod Tripping
Traditionally, dropping a plug for cementing, grouting, wedging or any one of several downhole applications has taken three rod trips: one for pulling the entire drill string out of the…