First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
Canada
Canadian Mining Hall of Fame celebrates industry-making feats of five new inductees
The Canadian Mining Hall of Fame (CMHF) held its 36th annual induction ceremony on Thursday at the Metro Toronto Convention Centre, welcoming five new honourees, and bringing total membership up…
Winsome looks to quickly scale up Adina lithium project in Quebec
Just months after unveiling an initial resource for its Adina lithium project in Quebec, Perth-based Winsome Resources (ASX: WR1) is gearing up to grow the deposit, which is located in…
Samsung SDI buys Canada Nickel stake, right to acquire 10% of Crawford
South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF), which is developing the Crawford nickel sulphide project in…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Hecla’s Lucky Friday silver mine resumes production
Hecla Mining (NYSE: HL) has begun to resume activities at its Lucky Friday silver mine in Idaho, after operations were halted last September to repair areas damaged by wildfires in August. …
American Lithium PEA triples Falchani project value to US$5B
A preliminary economic assessment (PEA) for American Lithium’s (TSXV: LI) Falchani project in Peru has tripled its net present value (NPV) to US$5.1 billion over the 2019 estimate of US$1.5…
New Found Gold makes new high-grade discovery dubbed ‘Honeypot’
New Found Gold (TSXV: NFG; NYSE-AM: NFGC) has found a new, high-grade zone at its Queensway gold project 15 km west of Gander, Nfld. The company released results of 16…
Future Minerals Forum: Vale’s US$10B for Canada targets existing potential
Vale (NYSE: VALE) is spending US$10 billion ($13.3 billion) in Canada over the next decade to keep operations running in a district it values for its low-carbon production.The funds are…
EMP Metals’ shares up as PEA gives Viewfield lithium brine project a 23-year life
Shares in EMP Metals (CSE: EMPS; US-OTC: EMPPF) rose 11.5% Tuesday after the company released a preliminary economic assessment (PEA) that says its Viewfield brine project in Saskatchewan could produce…
High-grade results ‘bode well’ for Graphite One feasibility this year
Graphite One (TSXV: GPH; US-OTC: GPHOF) says results from its summer drilling program have returned high-grade graphite mineralization at its Graphite Creek project in western Alaska and will help it…
Azimut shares rise on 2.48% lithium oxide hit in first hole at Galinée in Quebec
Shares in Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) rose 12.5% in trading this morning after the company and its partner Soquem announced strong lithium results from the first drill hole…