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Canyon raises cash

CAPITAL RAISE / Esmarie Iannucci

ASX-listed Canyon Resources will raise A$10-million through a share placement to fund a definitive feasibility study on the Minim Martap bauxite project, in Cameroon, and to advance strategic project and offtake discussions.

Canyon on Monday announced…

Canyon raises cash Read More »

Turquoise Hill says uncertain when Oyu Tolgoi shaft work can resume

COPPER/GOLD / Creamer Media Reporter

It remains uncertain when work on the shafts providing ventilation to support the production ramp-up for Panels 1 and 2 at the Oyu Tolgoi underground project, in Mongolia, will be able to resume. Rio Tinto-owned Turquoise Hill said on Friday that sinki…

Turquoise Hill says uncertain when Oyu Tolgoi shaft work can resume Read More »

Licence granted for Australian Vanadium

Vanadium / Esmarie Iannucci

The Western Australian government has granted ASX-listed Australian Vanadium a mining lease for its namesake project.

The mining lease would have an initial term of 21 years from August 28.

Licence granted for Australian Vanadium Read More »

Fenix and Atlas reach sales agreement

Uncategorized / Esmarie Iannucci

ASX-listed Fenix Resources has struck an agreement with Atlas Iron under which Atlas would market 50% of the proposed iron-ore produced at the Iron Ridge project, in Western Australia.

Fenix in 2016 acquired the Iron Ridge project from a wholly owned …

Fenix and Atlas reach sales agreement Read More »

Stanmore CEO quits

Coal / Esmarie Iannucci

ASX-listed Stanmore Coal has appointed Marcelo Matos as interim CEO following the resignation of Craig McCabe.

Stanmore told shareholders on Monday that McCabe’s services would be available to the company until the end of September, to work with Matos…

Stanmore CEO quits Read More »

Australian emissions drop as Covid rages

emissions / Esmarie Iannucci

Australia’s emissions in the June quarter of this year declined by around 8%, or 10-million tonnes of carbon dioxide equivalent, compared with 2019, as a result of the restrictions imposed by the Covid-19 pandemic.

In 2019-20, emissions are estimated…

Australian emissions drop as Covid rages Read More »

Barrick and AngloGold sell Morila to Australian junior

Uncategorized / Esmarie Iannucci

The share price of junior Mali Lithium rose more than 32% on Monday, after the company announced plans to acquire the Morila gold mine from majors Barrick and AngloGold for between $22-million and $27-million.

Mali Lithium told shareholders that the a…

Barrick and AngloGold sell Morila to Australian junior Read More »

Anglo Australian eliminates all third-party royalties at Mandilla Gold Project

Uncategorized / Kitco Newsn

(Kitco News) – “The agreements we have struck with the royalty owners amount to a transformational development for the Company, given our corporate focus on advancing the project as quickly as possible and delivering a maiden Mineral Resource,” said Du…

Anglo Australian eliminates all third-party royalties at Mandilla Gold Project Read More »

Mining costs up 16% due to COVID-19 – McKinsey

Uncategorized / Kitco Newsn

(Kitco News) – Countries with the highest level of disruption were Brazil, Canada, Chile, South Africa, and the United States. Some of the lowest levels of disruption were Pakistan, Ukraine, Turkey, DRC and Australia.

Mining costs up 16% due to COVID-19 – McKinsey Read More »

Gov’t run rare earth processing facility to be operational in 2022

Uncategorized / Kitco Newsn

(Kitco News) – “Saskatchewan’s new Rare Earth Processing Facility will be a catalyst to stimulate the resource sector in Saskatchewan and across Canada, providing the early-stage supply chain needed to generate cash-flow, investment and ind…

Gov’t run rare earth processing facility to be operational in 2022 Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
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