Southwest US snapshot: Eight companies to watch
The U.S. Southwest is among the top mining regions in North America, with mine operations dating back to the 19th century. Here’s a glimpse of eight companies exploring for precious metals,…
News
Wallbridge completes nickel asset sale to Archer; stock rises
Wallbridge Mining (TSX: WM, US-OTC: WLBMF) has completed the sale of all its nickel assets — namely the Grasset and RUM projects in Quebec and Sudbury and NW projects in…
The View from England: Exploration lessons from the Pharaohs
One-hundred years ago a five-year search culminated in arguably the world’s greatest ever exploration success. No, not a mineral deposit (although lots of gold was found), rather the almost intact…
Massive emerald cluster sets new record at Gemfields auction
Africa-focused Gemfields (LSE: GEM; JSE: GML) racked up US$30.8 million in revenue from its latest emerald action, which included a massive cluster of emeralds weighing 187,775 carats (37,555 grams). The Kafubu…
Magna Mining finds what it’s looking for with first Crean Hill drilling
Magna Mining (TSXV: NICU) says the first holes drilled at its Crean Hill mine, part of its recently acquired Denison project in Ontario’s Sudbury Basin, has returned the kind of…
Vale inks nickel deal with GM that could be worth $760M a year
Industry giant Vale (NYSE: VALE) has landed its first large-scale electric vehicle battery deal in North America, supplying nickel to power a slew of General Motors’ cars and trucks, the…
U.S. military to assess Canada critical minerals projects for funding, but none approved yet
Canadian battery mineral miners and explorers are sniffing around hundreds of millions of dollars in potential funding from the United States military, but there are no firm deals yet to…
Lucara extends sales deal with HB by 10 years
Canada’s Lucara Diamond (TSX: LUC) has extended its sales agreement with HB Trading covering high-value diamonds from the Karowe mine, in Botswana, for another 10 years. The contract will see Lucara’s +10.8 carat…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of soaring demand boosted by strong…
Southwest US explorers Getchell and Elevation report strong gold drill results
Two Vancouver-domiciled gold companies, Getchell Gold Corp. (CSE: GTCH; US-OTCQB: GGLDF) and Elevation Gold Mining (TSXV: ELVT; US-OTCQX: EVGDF), are making gains in their respective Nevada and Arizona-focused exploration drilling…
Anglo American greens Australia operations
London-based multinational Anglo American (LSE: AAL) has reached an agreement with the Queensland government to supply all of its Australian power needs from wind and solar generation by 2025 and…
Rock Tech drops lithium refinery plans in new Georgia Lake prefeasibility
Rock Tech Lithium (TSXV: RCK) released a prefeasibility study for its Georgia Lake lithium project in northern Ontario showing lower resource grades and a reduced net present value, while dropping…