News

Australia’s NSW to ban open-pit mining in South Drayton area

By analyst By Cecilia Jamasmie A twice-refused permit to build an open-cut coal mine in Australia’s Hunter Valley became permanent Friday with a New South Wales Government order, though authorities did renew Malabar Coal’s (ASX:MBC) exploration licence, paving the way for the company to potentially build an underground operation in the area. Minister for Planning

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Kimberlite deposit in Nunavut twice as deep as previously estimated

By analyst By Valentina Ruiz Leotaud Peregrine Diamonds Ltd. (TSX:PGD) announced that the CH-6 kimberlite deposit at its Chidliak diamond project, located 120 kilometres northeast of Iqaluit, Nunavut, is twice as deep as it previously estimated. “The 2017 resource expansion drill program at the CH-6 kimberlite has confirmed that the high-grade CH-6 kimberlite extends from

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Recycled lithium to reach 9% of total lithium battery supply in 2025: analysts

By analyst By Valentina Ruiz Leotaud Five-thousand-eight-hundred tonnes of lithium and 22,500 tonnes of cobalt from recycled batteries will reach global markets in 2025, a new report by Creation Inn states. According to the recently-launched strategy consultancy firm, China will lead the recycling activities for both metals. In detail, more than 66 per cent of

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Canadian miner to survey property using Long Wave Infrared Imaging

By analyst By Valentina Ruiz Leotaud Vancouver-based Tasca Resources revealed that it is planning to conduct a Long Wave Infrared (LWIR) Survey over the Poplar Copper Project located in northern British Columbia, adjacent to New Nadina’s Silver Queen claim block. According to the miner, the new technology is a significant advancement in exploration tools, particularly

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The Fed Is in Limbo

By James Rickards This post The Fed Is in Limbo appeared first on Daily Reckoning. In yesterday’s analysis, I compared Janet Yellen to an athlete running the high-hurdles at a track meet. Her finish line is a rate hike on December 13. The hurdles are inflation data, the Trump tax cut, and a government shutdown

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