The Diamond Producers’ Association (DPA), established only five years ago by a coalition of diamond miners including De Beers and Alrosa, has relaunched as the Natural Diamond Council. In addition to continuing to advertise natural diamonds as th…
DIAMONDS: Natural Diamond Council makes marketing push Read More »
VANCOUVER – An updated preliminary economic assessment (PEA) for Lumina Gold‘s Cangrejos gold-copper project in southern Ecuador has added nine years to the mine life and improved economics while increasing the initial capex to US$1 billion from …
GOLD-COPPER: Lumina Gold adds 9 years to Cangrejos mine life Read More »
TORONTO – With the diamond trade still largely shut down due to the coronavirus pandemic, Mountain Province Diamonds has found a way to bring in much needed revenue with a $50-million sale of rough to a company owned by its…
The post DIAMONDS: Mo…
DIAMONDS: Mountain Province arranges $50M alternative diamond sale Read More »
MONTREAL – Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of Yamana Gold and streaming assets from Orion Resource̷…
PRECIOUS METALS: New royalty and streaming company Nomad starts trading Read More »
QUEBEC – Rio Tinto has developed a way to extract high-purity scandium oxide from waste at its titanium dioxide production facilities in Quebec. The company has been using the new process, developed by researchers at the company’s Rio Tinto Fer&#…
CRITICAL MINERALS: Rio Tinto extracts high-purity scandium in Quebec Read More »
QUEBEC – Focus Graphite has sold its 50% stake in the Kwyjibo rare earth element deposit to Investissement Québec, a financing corporation that exists to facilitate investment in Quebec, for $7.2 million. The agreement on the project, located 125 km no…
RARE EARTHS: Focus Graphite sells Kwyjibo stake for $7.2M Read More »
TORONTO – Infill drilling at QMX Gold‘s Bonnefond deposit near Val d’Or, Que., continues to hit strong intercepts as the company prepares a resource update to be released this summer. The junior released assays from nine holes drilled in th…
GOLD: QMX closes in on resource update at Bonnefond Read More »
NEVADA – With an initial US$493-million investment, Cypress Development‘s Clayton Valley lithium project could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to a prefeasibility study release…
LITHIUM: Cypress releases positive PFS for Clayton Valley in Nevada Read More »
SASKATCHEWAN – Following up on a positive 2019 exploration program, Rio Tinto is planning 2,000 metres of drilling, plus mapping, prospecting and geophysical surveys this year at the Janice Lake copper-silver project in northern Saskatchewan. The major…
COPPER-SILVER: Rio Tinto preps plans for 2020 at Janice Lake Read More »
DENVER – With restrictions on mining due to the coronavirus pandemic starting to ease, Newmont is back on track with all but one of its mines – Musselwhite in northern Ontario – slated to resume full operations in the coming…
The post GOLD: Newmo…
GOLD: Newmont restarts mines as coronavirus restrictions ease Read More »
