Allkem releases feasibility study for James Bay lithium project in Quebec
Allkem (TSX: AKE; ASX: AKE) has released a feasibility study for its James Bay hard rock lithium project in Quebec, located 130 km east of James Bay and the Cree Nation of…
Fast News
Argentina’s Chubut province repeals new open-pit mining law after protests
Argentina’s Chubut province has reversed a decision to allow open pit mining in certain zones of the province following protests against the law. On December 15, the province approved a…
Gensource bags synergistic new Tugaske project
Gensource Potash (TSXV: GSP; AIM: GSP) has increased its potash asset base by purchasing an additional 7,244 hectares at $14.26 per hectare of land directly abutting its Tugaske project in…
Global nickel supply could increase by 20% in 2022 – report
Commodity researcher Global Palladium Fund forecasts a global nickel surplus of 59,000 tonnes in 2022. The analyst expects the surplus to be concentrated in low-grade nickel pig iron (NPI) and…
Vale to sell Moatize coal mine to Vulcan for US$270M
Vale (NYSE: VALE) is selling its Moatize coal mine and the Nacala logistic corridor, a multibillion-dollar port and rail project in Mozambique, to Vulcan Minerals (TSXV: VUL) in a transaction…
Noront picks Wyloo’s latest offer, gives BHP five days to match
Noront Resources (TSXV: NOT) said today it has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, but has given BHP (NYSE: BHP;…
Fortuna Silver receives EIA extension for San Jose mine in Mexico
Mexico has granted Fortuna Silver Mines (TSX: FVI; NYSE: FSM) a 12-year extension to its environmental impact authorization for the company’s San Jose mine in Oaxaca state, after first denying the extension in November. “After continued dialogue and technical…
Permit delays for winter road to Prairie Creek in NWT push back NorZinc schedule
Unexpected regulatory requirements have NorZinc (TSX: NZC; US-OTC: NORZF) delaying construction of the winter road to the Prairie Creek project – and the start of production – for at least…
Eldorado Gold releases feasibility study for Skouries project in Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) has released a feasibility study for its Skouries project, a gold-copper porphyry deposit located on the Halkidiki Peninsula of northern Greece. The feasibility study, which envisions an open…
Update: Bear Creek Mining acquires Mercedes mine from Equinox
The company says the Mercedes acquisition will provide a source of funding for future construction of its Corani silver mine.
New Chubut law could pave way for Pan American’s Navidad project after a decade
Argentina’s Chubut province approved a legislative bill this week that could potentially modify a 19-year-old law against open pit mining and allow Pan American Silver (TSX: PAAS; NASDAQ: PAAS) to advance its…
Victoria Gold lowers production guidance due to supply chain troubles
Victoria Gold (TSX: VGCX) expects 2021 gold production to be 10% lower than its previous guidance of 180,000 oz. due to supply chain issues. It produced 114,726 oz. gold in the first nine months of the…