Study values Ontario graphite mine restart at $183M
A new economic study on a potential restart of Global Battery Materials’ (GBM) Kearney graphite mine in Ontario values the project at $183 million (C$260 million) and pegs future cash flow…
Fast News
Creating mining districts could unlock billions: study
Mining companies could unlock billions in additional value by treating nearby operations as integrated mining districts rather than standalone assets, according to a study by GEM Mining Consulting. The firm’s…
Dakota Gold books high-grade assays at Richmond Hill
New drilling by Dakota Gold (NYSE-A: DC) at its Richmond Hill gold project in South Dakota has identified additional pockets of higher-grade mineralization within the mine’s planned open-pit development area….
Hemlo boosts M&I resources 34% at gold mine
A resource update for Hemlo Mining’s (TSX: HMMC; US-OTC: HMMCF) namesake mine in northwestern Ontario has lifted measured and indicated resources by 34%, underscoring the growth potential of one of…
Rinehart invests $50M in X-ray tech for ore, cancer
Gina Rinehart, Australia’s richest person, is backing California-based Lumitron Technologies with a $50 million investment to commercialize high-resolution imaging technology used to improve ore processing and cancer detection. The investment…
Faraday drilling expands Copper Creek potential
New drilling at Faraday Copper’s (TSX: FDY; US-OTC: CPPKF) Copper Creek, one of America’s largest undeveloped projects for the red metal, has identified broad zones of near-surface mineralization that could…
AbraSilver study quadruples Argentina project value
A definitive feasibility study for AbraSilver Resource’s (TSX: ABRA; US-OTC: ABBRF) Diablillos silver-gold project in Argentina quadruples the open-pit mine’s projected value and cuts the payback period to less than…
Newcore Gold tanks as Enchi prefeasibility disappoints
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) fell to its lowest level in 17 months after a prefeasibility study (PFS) for its Enchi project in Ghana delivered underwhelming economics despite underlying…
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5 billion in loans to accelerate…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina mines, unlocking at least $5…
Alamos logs multiple high-grade hits at Island Gold
New drilling at Alamos Gold’s (TSX, NYSE: AGI) Island underground mine in northern Ontario has identified multiple high-grade areas across the property. Hole MX26-031 in the Island West Extension Zone…
Major Newmont mine Cadia halted after quake: report
Underground operations at Newmont’s (NYSE, ASX: NEM) Cadia gold mine in Australia -– one of the country’s largest mining operations — have been suspended for the second time in nine…