Voisey’s Bay underground expansion delivers first ore
June 11 marked the milestone first production of ore from the underground expansion project at the Voisey’s Bay nickel-cobalt mine owned by Vale (NYSE: VALE). The mine is located on…
Canada
TSX Ventures slips, June 7-11
The S&P/TSX Venture Composite Index slipped 0.17% to finish the trading week at 979.70. Spot gold fell by US$14.20 per oz., or 0.75%, to US$1,877.80 per ounce. Callinex Mines climbed 74¢…
Jetti Resources’ technology could help unlock millions of tonnes of copper from tailings
A new technology by Jetti Resources that can be used to extract copper from mine waste could be a “game-changer” for the copper industry, says Mike Outwin, Jetti’s CEO and…
Gold Mountain speeds toward first production at Elk Gold in BC
Gold Mountain Mining (TSXV: GMTN; US-OTC: GMTNF) is on track for first production in October and first revenue in November at its Elk Gold project in British Columbia. The company…
Imperial drilling at Red Chris cuts 1.1 g/t gold, 1.1% copper
Imperial Metals (TSX: III) has released new drill results from the newly discovered East Ridge zone of the Red Chris copper-gold mine, 80 km south of Dease Lake in B.C….
Diamonds Snapshot: Eight Canadian companies ready for discovery
After a difficult 2020 that saw a near shutdown of the diamond market for half the year as a result of pandemic-related travel restrictions, diamond prices have bounced back in…
Rough diamond pricing: Learn the lessons of history or history will repeat itself
Suddenly, diamonds are looking interesting again. The cutbacks in diamond production last year, allied to the substantial fall in manufacturing capacity in India (the major diamond cutting centre) as a…
Ekati to produce 4M carats in 2021 under new owners, Arctic Canadian Diamond
After a roller coaster of a year that almost forced an early end to the Ekati diamond mine, the operation’s new owners, Arctic Canadian Diamond Company, are hoping that the…
JV Article: Red Pine Exploration reaches milestone with Wawa gold project consolidation
After Red Pine Exploration’s (TSXV: RPX) consolidation of its interests and 100% ownership of the Wawa gold project, followed with the subsequent acquisition of the War Eagle mining claims that…
Largo Resources to capture 3% of clean energy storage market by 2025
Integrated vanadium producer Largo Resources (TSX: LGO; OTCQB: LGORF) is charting a course towards capturing 3% or about 1,400 megawatt-hours of the long-duration energy storage battery market by 2025, company…
Cornish Metals’ tin-copper project richer than thought
Cornish Metals (TSXV: CUSN; LON: CUSN) posted on Wednesday an updated resource estimate for its South Crofty tin-copper project in Cornwall, southwest England, as it moves to closer to reopening the…
Noront snubs Wyloo debt offer
Noront Resources (TSXV: NOT) has rejected a loan offer from major shareholder and Australian mining magnate Andrew Forrest’s Wyloo Metals late last week, citing an “immediate need for funding.” Instead,…