News
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Top 10 large, high-grade uranium projects
Uranium companies have been awaiting a price recovery following the tragic Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016 the spot uranium price has remained below US$30 per lb. of uranium oxide (U3O8). Many uranium producers have…
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URANIUM: Boss wants to restart Honeymoon uranium project
AUSTRALIA – Boss Resources says that a restart and expansion of its Honeymoon uranium project in south Australia is feasible. Following a feasibility study (FS) and based on a conservative uranium price, Boss believes that Honeymoon is positioned as one…
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OILSANDS: Alberta developing rules for release of process water
Following the lead of the federal government, Alberta is undertaking a major re-scoping of work with the goal to establish rules to allow for release of process-affected water back into the Athabasca River from any oilsands mine by 2023. Up…
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GOLD: Marathon upgrades resources at Valentine
NEWFOUNDLAND – Marathon Gold’s latest resource update for the Valentine project features measured and indicated resources of 54.9 million tonnes grading 1.75 g/t gold for a total of 3.1 million oz. and inferred resources of 16.8 million tonnes at 1.78…
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GOLD: Updated PEA improves Gramalote economics
COLOMBIA – B2Gold has released an updated preliminary economic assessment (PEA) for the Gramalote joint venture project, 120 km northeast of Medellin. The study shows improved economics and a lower price tag compared to a previous PEA completed in 2014.…
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SIMULATION: IES software for mineral processing
AUSTRALIA – The Cooperative Research Centre for Optimizing Resource Extraction (CRC ORE), a non-profit funded by the Australian government and the minerals industry, is educating and cooperating with its participants in the use of its unique solutions. One of those…
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ZINC: Trevali beats 2019 production guidance
VANCOVER – Last year, Trevali Mining beat its operating guidance: production of 417 million lb. of payable zinc came in ahead of earlier forecasts of 361 million lb. to 401 million lb. In addition, the 50.3 million lb. of lead…
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TMAC launches strategic review of Hope Bay in Nunavut
Production in the fourth quarter at TMAC Resources’ struggling Hope Bay mine in Nunavut were at the low end of expectations, and the company has begun a strategic review process. The deferral of mining in the BTD East Limb due to…
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DIAMONDS: RJK to deploy new kimberlite identification technique
ONTARIO – RJK Explorations joined forces with Eagle Geosciences of Rouyn-Noranda, Quebec, to deploy their new kimberlite identification technique at the miner’s Bishop Nipissing diamond project. This identification method uses algorithms based on geophysical signatures of known diamondiferous kimberlites within the…
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EV sales to hit 37 million by 2024, ARK says
New York-based ARK Investment Management forecasts sales of electric vehicles will reach 37 million units in 2024, about six times higher than the roughly 6.5 million units forecast by other agencies including the Energy Industry Administration (EIA). ARK, which focuses…
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REPORT: Survey IDs trade tensions and ESG policies as top issues for miners
Global law firm White & Case has released the results of its fourth annual survey on mining and metals, identifying trade and ESG issues as the industry’s top concerns for 2020. White & Case surveyed 64 senior industry decision makers…
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GOLD: Rubicon infills Phoenix
ONTARIO – Rubicon Minerals has released the results of infill drilling and provided an update on its plans for the Phoenix project. While infill work focused on upgrading resources between the 976 metre and 1,098 metre levels was completed in…
