News
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China’s electric vehicle slowdown could dampen cobalt prices
China’s electric vehicle (EV) sales have declined year-over-year for the second straight month, on the heels of uncharacteristically slow growth this spring, indicating that contractions in cobalt supply may be partly offset by lower-than-anticipated battery demand. China announced in March…
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VANADIUM: Great Atlantic triples size of Glenelg project
NEW BRUNSWICK – Great Atlantic Resources tripled the size of its Glenelg vanadium property located in eastern Canada. In a media statement, Great Atlantic said that the property was expanded by additional mineral claim staking to reach 3,500 hectares. This…
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GOLD: Semafo releases ‘attractive’ PEA for Nabanga in Burkina Faso
BURKINA FASO – A preliminary economic assessment (PEA) for Semafo’s Nabanga gold project in Burkina Faso envisions an open pit and underground mining operation that can be developed with modest initial capital. The Nabanga gold project, 250 km southeast of…
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ZINC-LEAD: Osisko Metals signs agreements with Indigenous communities
NORTHWEST TERRITORIES – Montreal-based Osisko Metals has signed two separate co-operation agreements that cover its Pine Point zinc-lead project 65 km east of Hay River. The company, the Deninu Kue First Nation, and the Northwest Territory Metis Nation have agreed…
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GOLD: Great Bear combines Dixie zones on latest drill results
ONTARIO – Great Bear Resources of Vancouver updated its exploration progress at the Dixie gold property in the Red Lake district by saying it has combined three zones – Bear-Rimini, Auro and Yuma – along a 3.2 km stretch of…
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SILVER: Bayhorse mill commissioning underway
OREGON – Vancouver-based Bayhorse Silver has begun commissioning the mill at the silver mine of the same name. The mill has nameplate capacity of 180 t/d. The mill treats pre-concentrated ore. An x-ray transmissive ore sorter is used to reduce…
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CRUSHING: Metso creates new line of crusher wear parts
HELSINKI – Metso Corporation is expanding its crusher wear part offerings by launching a new range of OEM crusher liners. Available for selected markets beginning September 2019, the new Metso O-Series offers the right balance between performance, affordability and reliability.…
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OceanaGold expands exploration target at Martha in New Zealand
Since picking up the Waihi property in New Zealand from Newmont for US$100 million four years ago, OceanaGold (TSX: OCG) has extended the mine life of its Correnso underground gold mine by three years generating US$200 million of free cash flow. It…
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GOLD: Premier pours first gold bar from El Nino mine
NEVADA – Premier Gold Mines announced that it has started processing ore from the El Niño mine located at the company’s 40%-owned South Arturo property in Nevada. South Arturo is in the Carlin Trend, approximately 40 km northwest of the…
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Innovation: I’MNOVATION challenge targets sustainability in mining
A new open innovation program looks to tap ideas from startups around the world to solve some of the mining sector’s most pressing problems. Ennomotive has launched in Chile I’MNOVATION, the open innovation startup program by ACCIONA, a leading multinational…
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POTASH: Western executes binding offtake agreement for Milestone
SASKATCHEWAN – Western Potash Corp. of Vancouver has entered into a binding offtake agreement with Archer Daniels Midland Co. for 100% of the potash production – 146,000 tonnes per year – from the first phase of the Milestone project 30…
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GOLD: ALX Uranium acquires Vixen project in Red Lake
ONTARIO – Vancouver-based ALX Uranium Corp. is acquiring the Vixen gold property in the Red Lake mining district. ALX made the decision after reviewing records of historical surface exploration done by the Ontario Geological Survey and provincial assessment records describing…
