AUSTRALIA – Envirostream Australia, a 90%-owned subsidiary of Lithium Australia, has announced that it is working on a project aimed at assessing the use of zinc and manganese derived from recycled alkaline batteries as micronutrients in blended fertilizers. According to Envirostream,…
UNITED STATES – Bank of America forecasts global copper consumption could contract by 18% year-over-year in 2020 should global GDP drop by an estimated 4.2% due to economic disruptions caused by the coronavirus pandemic. Although a decline in copper purchases of…
One-third of the miner’s revenue is expected to come from precious metals by 2022.
A look at some of the gold and base metals projects being advanced in Saskatchewan.
PERU – Teck Resources announced on Wednesday that operations have resumed at the Antamina mine in Peru, in which the company has a 22.5% interest along with BHP (33.75%), Glencore (33.75%) and Mitsubishi (10%). A reduced operating workforce has been mobilized to the…
Phase one drilling at Rockcliff Metals’ (CSE: RCLF) Freebeth property in central Manitoba has returned high-grade copper and zinc mineralization including 5.28% copper equivalent over 2 metres and 4% copper-equivalent over 5 metres. The drill program also pinpointed the historic Last…
A recent Supreme Court decision pertaining to Nevsun Resources could have big implications for other Canadian mining companies with foreign operations, opening them up to human rights claims stemming from their operations abroad. The lawsuit against Nevsun, Nevsun vs. Araya,…
In its recent annual mineral reserve and resource update, mid-tier copper producer Hudbay Minerals (TSX: HBM; NYSE: HBM) provided some market optimism in the form of a major boost in gold at its Lalor mine within the Snow Lake Mining complex in…
MANITOBA – Rockcliff Metals has released an updated resource for its wholly owned Rail deposit, with both the total resource tonnes and contained copper-equivalent metal at the 20-sq.-km property more than doubling. Indicated resources have increased to 1.17 million tonnes…
SASKATCHEWAN – Exploration drilling at Murchison Minerals’ Brabant Lake property, 175 km northeast of La Ronge, intersected high-grade copper and zinc mineralization 10 km southwest of the company’s Brabant-Mckenzie deposit. A drill hole completed at the Main Lake target, situated…
As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities. After initially benefiting from uncertainty around the virus and peaking…
SASKATCHEWAN – A pre-feasibility study (PFS) released by Foran Mining for its wholly owned McIlvenna Bay project suggests a 3,600 t/d underground mine with on-site processing and tailings storage and the shipping of copper and zinc concentrates to offsite smelters.…