Infomine

By Natalie Latuszek Vale’s Sudbury Operations will spend $42 million on exploration in the Greater Sudbury Area, doubling the company’s exploration spend from a year ago. The company plans to have 13 drill rigs and about 30 active exploration projects operating in the area. Vale’s outlay is part of a larger trend of increased exploration […]

By MINING.com Editor Only two per cent of Australia’s annual 3,300 tonnes of lithium-ion battery waste is recycled, says the consultancy CSIRO in a report on Lithium-ion battery recycling published Wednesday. The authors of the study want to emulate the same success that was achieved in recycling lead-acid batteries. Of the 150,000 tonnes of lead-acid

By Michael Allan McCrae Higher prices and greater volumes shipped all helped Cleveland-Cliffs report consolidated revenues of $714 million, compared to the prior year’s second-quarter revenues of $471 million. Earnings per share from continuing operations up 171 percent to $0.76 per share. The American-based iron ore mining company said iron ore realized revenue rate in

By Cecilia Jamasmie Lithium exploration and development company Bacanora Minerals (LON:BCN) won’t go ahead with a proposed $100 million share sale, citing volatile prices for the battery raw material as the main reason for the u-turn, it said Thursday. Earlier this week, the company had announced the plan saying it would help it help fund

By Cecilia Jamasmie Anglo American’s De Beers has bought Canada’s Peregrine Diamonds (TSE:PGD), the company behind the Chidliak mine in the Canadian territory of Nunavut, as the world’s largest roughs producer by value needs to replace its closing mines in the country. The Cdn$107 million-deal ($87m) extends De Beer’s footprint in Canada’s frozen north beyond

By Cecilia Jamasmie While global miners invested almost $1 trillion in major projects over the last decade, almost one-third of that — $273 billion to be precise — was written off, research from Morgan Stanley shows. In a study carried out in conjunction with PricewaterhouseCoopers (PwC), the American investment bank found that the extent of

By Cecilia Jamasmie Australia’s Northern Minerals (ASX:NTU) has produced its first rare earth carbonate during commissioning of a pilot processing plant at its Browns Range project, in northern Western Australia. Around 1,000 tonnes of ore have been crushed at the facility, expected to be fully operational by the end of July, the company said, adding

By Cecilia Jamasmie An interdisciplinary team of researchers have found a gigantic treasure trove of diamonds buried below Earth’s surface, way more than ever thought possible, but getting to them would take technology far beyond what we currently have at our disposal. According to the Massachusetts Institute of Technology’s (MIT) team, there is a quadrillion

By Cecilia Jamasmie Macusani Yellowcake, the Peruvian subsidiary of Canada’s Plateau Energy Metals (TSX-V: PLU) has found 2.5 million tonnes of high-grade lithium resources and 124 million pounds of uranium resources at its Falchani hard rock deposit, in the region Puno. Ulises Solis, general manager of the unit, told local paper El Comercio (in Spanish)

By Cecilia Jamasmie Canadian scientists from Laurentian University have found that waterbodies impacted by decades of mining activity could be a potential new source of antibiotics. The group, led by Dr. J.A. Scott, a bioengineering professor, examined lakes and rivers located within five kilometres of abandoned Northern Ontario mine sites. The goal was to determine