Ottawa to back Indigenous groups buying project equity
The federal government is to start an Indigenous loan guarantee program in this year’s budget due April 16, according to a senior official at the Natural Resources Ministry. The program…
Canada
Aura Minerals shares gain as miner ups gold reserves nearly 24%
Aura Minerals (TSX: ORA) shares gained as much as 4% to $10.85 after reporting resource and reserve updates for its four operating mines and two development projects, growing all categories…
JV Video: Minaurum CEO says permitting status adds value at Mexican silver project
Minaurum Gold (TSXV: MGG; US-OTC: MMRGF) holds full mining permits for its pre-resource stage Alamos silver project in Sonora, Mexico — a significant advantage in the country’s current legislative environment,…
VIDEO: Major Drilling CEO expects exploration upswing after years of low spending
Major Drilling Group International (TSX: MDI) president and CEO Denis Larocque says that based on a years-long exploration lull in mining, the sector could be in the early phase of…
Electra Battery to source cobalt from Eurasian Resources for Ontario refinery
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM;) has signed an agreement with Eurasian Resources Group (ERG), one of the world’s leading cobalt producers, for long-term supply of the metal for…
TNM Drill Down: Awalé’s Odienne delivers week’s hottest drill hits
Our TNM Drill Down features highlights of the best gold assays of the March 22-29 period. Drill holes are ranked by gold grade x width as identified by data company…
VIDEO: Sierra Metals CEO plans full Yauricocha copper ramp-up this year in Peru
Sierra Metals‘ (TSX: SMT; NYSE-AM: SMTS) CEO Ernesto Balarezo says in a new video the company is on track this year to expand copper production and free cash flow as…
NextSource applies to build graphite plant in Mauritius
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) has submitted an application to build a downstream battery anode facility to process graphite in the African island nation of Mauritius. The plant will…
JV Video: Kirkland Lake Discoveries drills on Lucky Strike gold project in Ontario
Kirkland Lake Discoveries (TSXV: KLDC; US-OTC: KLKLF) says it’s almost finished a 4,000-metre drilling program on the Hurricane intrusive zone of its Lucky Strike property in northern Ontario. “This is a zone…
Volt Lithium’s cost cuts help Alberta project weather metal price crash
Volt Lithium (TSXV: VLT) has cut nearly two-thirds of its lithium production cost as it prepares to start the low-grade Rainbow Lake brine project in northwest Alberta next year. Testing in…
Video: Douglas Silver on the clash between NPV and ESG
There’s an inherent conflict between the way mining investments are valued and environmental social and governance (ESG) principles, says mining veteran Douglas Silver. Net present value (NPV), the dominant metric…
Video: Volt Lithium barrels towards 2025 commercial production
Leveraging breakthroughs in extracting lithium from oil field brines, Volt Lithium (TSXV: VLT) is poised to launch commercial lithium carbonate production by 2025, according to president and CEO Alex Wylie….