The new discovery could add 25,000 metres of underground exploration drilling and 75,000 metres of definition drilling at Lac des Iles this year.
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The jump was driven primarily by the $17.4-billion acquisition of Goldcorp Inc.
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The 216 million tonne Jongju deposit 150km north of Pyongjang, theoretically worth trillions of dollars, would more than double the current global known resource of REE oxides.
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A report by state news agency Xinhua paints a particularly grim picture of China’s rare earth industry which belies the notion that China’s crackdown has more to do with managing supply and extracting lofty profits than it is about cleaning up a notoriously dirty business.
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The interference test has developed into a two-part evaluation of an operator’s reaction to protected activity or treatment of miners’ rights.
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Shares of the company rose by nearly 6% on Wednesday morning.
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Champion Iron secures C$185m refinancing, acquires 100% stake in Bloom Lake Read More »
The threat of “weaponizing” rare earths by China means potential sellers of the minerals to the US stand to gain from a tightened international supply and higher prices.
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The project is located 100 kilometres north-northwest of the Ring of Fire nickel and chromite deposits.
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Golden Share acquires Basking project in Ontario Read More »
The program is intended to locate high-grade uranium hosted in faults along the C10 horizon, the major regional fault structure.
The post CanAlaska to start drilling at West McArthur uranium project appeared first on MINING.com.
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Nighthawk has increased its drill program to 35,000 metres for the year, up from the previously forecast 25,000 metres, which makes it the largest drill program in the explorer’s history.
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Drill results boost Nighthawk Gold shares Read More »
