Decarbonization plays the metals fiddle in 2022
The recent 26th edition of the Conference of the Parties (COP26) brought about renewed vigour to phase down carbon dioxide emissions across the globe. Still, to get there, the mining…
Copper
Rio Tinto to write off US$2.3B Oyu Tolgoi loan to Mongolia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will cancel a US$2.3 billion debt owed by Mongolia as part of the government’s share of the development costs for the giant…
JV Article: QuestEx Gold & Copper is exploring for world-class projects in BC
Canadian explorer QuestEx Gold & Copper (TSXV: QEX; US-OTC: CLASF) holds approximately 110,000 hectares of mineral tenures that host precious and base metals projects in the Golden Triangle and Toodoggone areas…
JV Article: Equity Metals hits bonanza-grade silver at Silver Queen in BC
Canadian explorer Equity Metals (TSXV: EQTY; US-OTC: EQMEF) owns precious-base metal and diamond projects in British Columbia and the Northwest Territories. The Vancouver-headquartered junior is focused on advancing its 100%-owned flagship Silver…
US markets climb, Dec. 6-10
The Dow Jones Industrial Average rose 4.02% or 13,909.91 points to 35,970.99 and the S&P 500 increased 3.82% or 173.59 points to 4,712.02. Spot gold ended the week at US$1,782.90…
Infinitum Copper plans IPO in January; advances Adelita project in Mexico
With an “A” team of technical advisors, Infinitum Copper has big plans for its Adelita copper project in Mexico, and plans to list on the Toronto Venture Exchange early next…
Ivanhoe Mines strikes streams and offtake agreements for Platreef
Ivanplats, the South African subsidiary of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), has struck two stream financing deals with Orion Mine Finance and Nomad Royalty for its Platreef palladium-rhodium-platinum-nickel-copper-gold project…
Dolly Varden Silver to acquire Fury Gold Mines’ Homestake Ridge project
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) is acquiring Fury Gold Mines’ (TSX: FURY; NYSE-AM: FURY) Homestake Ridge gold and silver project in British Columbia’s Golden Triangle in a cash…
MMG to shut down Las Bambas copper mine by mid-December
Chinese miner MMG will end copper production from its Las Bambas mine in Peru by mid-December following months-long road blockades that have prevented essential supplies from reaching the operation, forcing…
Midland Exploration options Tete Nord nickel-copper property to Rio Tinto
Midland Exploration (TSXV: MD) is optioning its Tete Nord nickel-copper property near the town of La Tuque in Quebec to Rio Tinto Exploration Canada. Under the agreement, Rio Tinto Exploration…
Clean Air Metals’ PEA rates Thunder Bay North NPV at $378M, IRR at 29.8%
Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) has released a preliminary economic assessment for its 100%-owned Thunder Bay North project putting the after-tax net present value with a 5% discount…
Renewables adoption speed still too slow to limit climate crisis — IEA
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…