US government mulls 50-year mining ban in northern New Mexico
The US government is proposing to ban mining and oil drilling in northern New Mexico for up to 50 years as part of the Biden administration ongoing efforts to protect Native…
United States
World Gold Council steps up efforts to boost supply chain transparency
The World Gold Council (WGC) says its members, which account for the majority of the world’s top gold producers, have committed to taking steps towards improving the transparency of the supply chain. All…
Hecla eyes early 2024 Lucky Friday restart after underground fire
The U.S.’s biggest silver producer Hecla Mining (NYSE: HL) expects to restart its idled Idaho-based Lucky Friday mine operations early in the New Year after a fire and a groundfall…
Centerra’s prefeasibility for Thompson Creek shows moly asset to be ‘marginal’
Centerra Gold (TSX: CG; NYSE: CGAU) has completed a prefeasibility study for the restart of the Thompson Creek molybdenum mine 48 km southwest of Challis, Idaho. The pit and concentrator…
TNM Drill Down: Cerrado in Argentina leads gold assays for week of Sept. 11-15
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width as identified by our sister company…
Silver and PGMs snapshot: Eight firms seeking the green energy metals
Rising demand for critical minerals for electric vehicles, stricter emission standards for gasoline-driven engines; and a global shift toward greener energy including silver-intensive solar panels are driving exploration for platinum…
First Majestic shares rise as it gets into the minting business
Shares of precious metals producer First Majestic Silver (TSX: FR; NYSE: AG) were up 5% on Friday after it announced it has opened a 100%-owned and operated minting facility in…
Beaver Creek: Osisko’s Windfall will ‘outlive all of us,’ says CEO Burzynski
Quebec-focused Osisko Mining‘s (TSX: OSK) chairman and CEO, John Burzynski, expects the company’s flagship Windfall project’s resource to double to a staggering range of 15-20 million oz. gold at double-digit…
Beaver Creek: Wide disconnect between equities and commodity prices offers buying opportunity
The discrepancy between mining company valuations and commodity prices is at its worst levels in decades, the Precious Metals Summit in Colorado heard this week. “This is probably the worst…
Taseko shares hit four-month high after EPA issues final permit for Arizona copper mine
Shares in Canada’s Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) soared Thursday morning to their highest level since May after the company said the receipt of a U.S. Environmental…
Blast it! How rock hardness inflates mining costs
Rock hardness, or the compressive strength of ore that has to be blasted, chipped or otherwise dug out of the earth, is an often-overlooked cost to mining. Research by Costmine…
UK’s only rare earths producer eyes US, EU markets
Less Common Metals (LCM), the only rare earths metal producer in the U.K., is switching its focus from the home country to the United States and the European Union, the…