NexGen Energy lines up US$30M financing from Queen’s Road Capital
NexGen Energy (TSX: NXE; NYSE: NXE) has signed a US$30 million financing agreement with Queen’s Road Capital Investment (TSXV: QRC) and plans to use the funds to advance work at…
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The Northern Miner Podcast – episode 186: Newmont ‘well-positioned’ to weather economic storm
This episode features excerpts from Newmont’s May 5, 2020, conference call. Newmont president and CEO Tom Palmer discusses how the company is dealing with the coronavirus and its impact on…
Demand for battery metals to jump 500% by 2050, World Bank says
Production of so-called battery metals, such as graphite, lithium and cobalt, will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, the…
Melkior drills Carscallen gold project in Ontario
Melkior Resources (TSXV: MKR; US-OTC: MKRIF) has released results from two drill holes at the company’s wholly-owned Carscallen gold project in the Abitibi Greenstone belt, 3 km north of the…
Barrick reports strong Q1; withdraws guidance for Porgera
Barrick Gold (TSX: ABX; NYSE: GOLD) has withdrawn its 2020 guidance for its 47.5%-owned Porgera mine after placing it in temporary care and maintenance on April 27. Work was halted…
INV Metals revises feasibility study on Loma Larga in Ecuador
INV Metals (TSX: INV) moved into Ecuador seven years ago when it acquired a 100% interest in the Quimsacocha concession from Iamgold (IMG: TSX) in an all-share deal valued at…
Equinox Gold tables PEA for underground development at Aurizona
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil. The early-stage…
Anglo American to spin off South African coal mines
Anglo American (LSE: AAL) is speeding up its exit from thermal coal and plans to spin off its South African coal unit within the next three years. Mounting pressure from…
Moneta Porcupine expands gold mineralization at Golden Highway
Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) has released results from a winter drill program at its wholly owned Golden Highway project, 110 km east of Timmins, Ontario. The project…
Russia questions legality of US space mining plan
Russia is questioning a U.S.-proposed global legal framework for mining on the Moon, saying the document would have to be examined thoroughly to make sure it complies with international laws…
Top investors face-off over Rio Tinto’s emissions cuts
Rio Tinto’s (NYSE: RIO; LSE: RIO) top investors are set to face off at the company’s upcoming annual meeting, with only some of them in favour of pushing the miner…
Brixton Metals drills bonanza-grade silver at Langis in Ontario
Brixton Metals (TSXV: BBB; US-OTC: BBBXF) has announced bonanza-grade silver assays from its wholly-owned Langis silver-cobalt project, 500 km north of Toronto in the Cobalt Camp area of eastern Ontario….