TSX loses ground, June 26-30
The S&P/TSX Composite Index fell 0.9%, or 137.37 points, to a 15,182.19-point close. Spot gold prices ventured near eight-week lows, falling US$15.10 to US$1,241.61 per oz., whereas Comex copper prices…
2017
Pershing re-envisages Relief Canyon as low cost mine
VANCOUVER — After one year of infill drilling and number crunching, Pershing Gold (NASDAQ: PGLC) has produced a prefeasibility study (PFS) for its Relief Canyon open-pit, heap-leach gold project, 150 km…
Commentary: Battery makers want more from specialty mineral miners
Metals and minerals for rechargeable batteries are in the spotlight as projections of rapidly increasing demand indicate future supply shortages. Over the next 10 years, demand for lithium and cobalt…
Pure Energy unveils PEA for Clayton Valley lithium
VANCOUVER — Pure Energy Minerals (TSXV: PE; US-OTC: PEMIF) hopes to start construction on a lithium hydroxide operation at its Clayton Valley project in Nevada by 2019. On June 26, the…
Rising battery demand drives allure of technology minerals
Interest in technology metals and minerals has surged in recent years along with growth in the market for electric vehicles. Lithium ion batteries used to power electric vehicles need chemicals…
Vendetta updates resource estimate on Pegmont lead-zinc project in Australia
VANCOUVER — Vendetta Mining (TSXV: VTT; US-OTC: VDTAF) sees a new resource update at its Pegmont lead-zinc project in northwest Queensland, Australia, as the next step towards a preliminary economic assessment…
Endeavour Mining bids for Avnel Gold
Unless another gold miner like B2Gold (TSX: BTO; NYSE-MKT: BTG) or Randgold Resources (LON: RRS; NASDAQ: GOLD) swoops in with a sweeter offer, the boards of both Endeavour Mining (TSX:…
Nemaska Lithium’s Whabouchi could produce for 26 years
Since Nemaska Lithium (TSX: NMX; US-OTC: NMKEF) completed an updated feasibility study in April last year on its Whabouchi hard-rock lithium deposit in Quebec and the chemical plant it will…
The Northern Miner podcast – episode 65: The uber technology metals special (!) ft. cobalt & lithium
Welcome to the “technology special”, where we discuss emergence of electric vehicles, lithium-ion batteries, and renewable energies from a hard-rock mining perspective! Our senior staff writer Trish Saywell joins the…
Cobalt 27 offers ‘pure play’
VANCOUVER — Cobalt 27 Capital’s (TSXV: KBLT) $200-million initial public offering (IPO) on the TSX Venture Exchange on June 23 shows there’s a growing appetite among investors for exposure to the…
Orla to buy Camino Rojo from Goldcorp for $35M
VANCOUVER — Orla Mining (TSXV: OLA; US-OTC: ORRLF) may have scored a “fire-sale” deal on Goldcorp’s (TSX: G; NYSE: GG) Camino Rojo gold-silver project that lies 50 km southeast of Goldcorp’s…
First Cobalt to merge with Cobalt One, CobalTech
Trent Mell of First Cobalt (TSXV: FCC; US-OTC: FTSSF) is making good on his promise to build a diversified portfolio of cobalt assets to capitalize on growing demand for the…