Bank of America cuts iron ore price forecasts
The Bank of America’s global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US$91 per tonne (down from its previous forecast of…
News
China vows to end funding for overseas coal power plants
China’s president Xi Jinping has pledged to stop backing new coal power plants overseas a move that would cut off a key source of financing for projects involving the dirty…
Canadian miners welcome Liberal election victory
The Mining Association of Canada (MAC) has welcomed the Liberal Party of Canada’s federal election victory, giving prime minister-designate Justin Trudeau another term in office. The Liberal platform included measures…
Two dead and one missing at Sibanye-Stillwater’s Kloof gold mine
South African precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) announced on Tuesday that two members of a mine rescue team died while searching for a missing worker at its Kloof gold underground operation in South…
International Lithium sells remaining stake in Mariana project to Ganfeng
Mariana is considered one of the biggest lithium deposits in the world.
The Northern Miner Podcast – episode 257: Satarla CEO Dr. Sarah Gordon on risk management trends and online mining education
In this week’s episode, we discuss recent trends in risk management with Satarla CEO Dr. Sarah Gordon, who gives her views on the importance of sustainability and how miners can…
QC Copper says planned Opemiska pit contains over 1B lb. copper, 815K oz. gold
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) has released a pit-constrained resource estimate for the Opemiska copper project that contains almost 1.2 billion lb. of copper and 815,600 oz….
Copper Fox PEA for Schaft Creek porphyry puts development cost at US$2.7B
Copper Fox Metals (TSXV: CUU; US-OTC: CPFXF) has released an updated preliminary economic assessment for the Schaft Creek copper-molybdenum-gold-silver deposits in northwestern British Columbia. Compared with a previous 2013 PEA,…
Equinox Gold PFS for Aurizona expansion outlines US$154M capex to extend mine life to 11 years
Equinox Gold (TSX: EQX; NYSE: EQX) has released the prefeasibility study for the expansion of its 100%-owned Aurizona gold mine in Brazil. The plan covers mining underground and satellite open pit deposits as…
TSX Venture declines, Sept. 13-17
The S&P/TSX Venture Composite Index fell 16.52 points points or 1.83% to finish the September 13-17 trading week at 886.83. Spot gold fell US$33.00 per oz. or 1.85% to US$1,753.80…
Rising spot uranium prices buoy explorers, developers and producers
Raymond James has raised its target prices on Cameco (TSX: CCO; NYSE: CCJ), Denison Mines (TSX: DML; NYSE-AM: DNN) and NexGen Energy (TSX: NXE) as spot uranium prices have jumped…
Australia approves Whitehaven’s controversial coal mine expansion
Whitehaven Coal (ASX: WHC) has been granted the green light to expand its Vickery project in New South Wales despite a global push to lower carbon emissions and a historic court ruling on authorities’ obligation to children to consider environmental harm before…