First Mining PEA pegs Duparquet initial capex at $706M
A preliminary economic assessment (PEA) for First Mining Gold‘s (TSX: FF; US-OTC: FFMGF) Duparquet project in the Abitibi region of Quebec puts an initial price tag of $706 million on…
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Summit Nanotech eyes US$150M to scale up lithium extraction method
Calgary-based Summit Nanotech plans to raise US$150 million to take its own direct lithium technology to commercial scale as the startup gears to open a testing facility in Santiago, Chile…
JV Article: F3 advances Athabasca’s latest uranium find
F3 Uranium (TSX: FUU) has made the latest high-grade uranium discovery in Canada’s prolific Athabasca Basin. The company struck paydirt last November when it drilled an intersection of 15 metres…
JV Article: New tax disincentive could cripple flow-through share regime
The newly revised Alternative Minimum Tax (AMT) introduced in the 2023 Federal Budget that will go into effect on Jan. 1, 2024 will significantly reduce the effectiveness of the newly…
Industry council strives to cut emissions with new guidelines
Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies…
Snowline Gold shares rise on $16.5M bought deal financing
Shares of Snowline Gold (TSXV: SGD) surged on Wednesday after it completed a previously arranged bought deal private placement to fund its exploration campaigns in the Yukon. In total, the…
FPX Nickel sees profitable US$2.2B-capex Baptiste nickel project in BC
FPX Nickel (TSXV: FPX; US-OTC: FPOCF) says its Baptiste nickel project in central British Columbia would cost at least US$2.2 billion to build and still be a high-margin supplier of battery metals or…
Ivanhoe Electric Santa Cruz project details new source of ‘green’ copper in US
Ivanhoe Electric (TSX: IE) has released the results of an initial assessment (IA) analyzing the potential for an underground copper mine at its Santa Cruz project located west of Casa…
Hochschild cuts production targets after pre-tax loss
Hochschild Mining (LSE: HOC) lowered on Wednesday its full-year production guidance after swinging to pre-tax losses of US$66.1 million ($90.3 million) in the half-year compared with a profit of US$5.4…
Northern Dynasty updates Pebble PEA, adds southern access route
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) has published an updated preliminary economic assessment (PEA) for its Pebble copper project, which includes an infrastructure plan for a “southern route” access…
Sigma Lithium to decide on Grota do Cirilo expansion this month
Sigma Lithium Resources (TSXV: SGML; NASDAQ: SGML) is set to reveal details of its second and third phase expansion plans at its Grota do Cirilo lithium project in Minas Gerais…
New Pacific’s Carangas in Bolivia holds 200M oz silver, plus gold and base metals
New Pacific Metals (TSX: NUAG; NYSE-AM: NEWP) says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide. The report released on Tuesday divides Carangas…