Global demand for strategic minerals like lithium, graphite and nickel will skyrocket by 965%, 383% and 108% respectively by 2050, according to the World Bank’s updated 2018 projections.
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The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.
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One of the largest gold mining companies in the world has taken a shine to Chakana Copper and its Soledad project in Peru.
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The uranium producerlogged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago. That’s equivalent to a decrease of five cents per share, versus a profit of 14 cents per share in the same quarter last year.
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The Victoria-based company announced its desire to earn an initial 60% interest and a subsequent 100% interest in the West Madsen gold property.
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It will allow to increase Cameby Downs thermal coal mine’s output from 2.8 million tonnes a year to 3.5 million.
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Yancoal gets green light for massive expansion at Australian mine Read More »
An exploration program consisting of an induced potential and resistivity survey, mapping and rock-chip geochemical sampling, and diamond drilling was recommended to the company.
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More than 8,000 tonnes of ore have already been extracted since early April.
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Haywood Securities has initiated coverage of Minera Alamos with a buy rating and 12-month target price of C$0.40 per share.
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The Knife Lake property was extensively explored from the late 1960s to the 1990s, with the last documented work program completed in 2001.
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