United States
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Record gold output, but Hudbay posts loss in Q1
Hudbay Minerals (TSX: HBM; NYSE: HBM) released its first quarter results today with record gold production of 35,500 oz. during that time. Consolidated copper production was 24,553 tonnes at a ‘sustaining cash cost’ of US$2.16 per lb. Despite strong metal…
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BASF expands PGM refining capacity to drive the circular economy
BASF is expanding its Seneca, South Carolina, platinum group metals (PGM) refining facility. The company will invest double-digit millions in capital improvements to increase refining capacity to recycle precious metals from spent catalysts such as automotive catalytic converters. Recycled metal…
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JV Article: Metamorphosis at Northern Vertex’s Moss gold mine in Arizona
When Northern Vertex (TSXV: NEE, US-OTC: NHVCF) released its Q1 2021 production of 9,912 gold equivalent ounces at its wholly owned Moss gold mine in Mohave County, Arizona last week, it marked the beginning of the metamorphosis of a mine…
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Two-wheelers to play big role in EV market share growth – report
A new report by IDTechEx forecasts that the electric vehicle market will continue to grow in the next two decades, particularly taking into consideration that, despite the covid-19 pandemic, sales of high-voltage hybrids, plug-in hybrids, and battery-electric vehicles all saw…
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RANKED: World’s top 10 biggest gold mines
Despite being adversely affected by the Covid-19 pandemic, global gold production still surpassed 100 million ounces in 2020 and is expected to bounce back this year as economies continue to recover and miners ramp up operations. To see which mining…
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Stratabound Minerals to acquire California Gold Mining
Canada-focused junior Stratabound Minerals (TSXV: SB; US-OTC: SBMIF), which is advancing its Golden Culvert project in southeastern Yukon, 25 km north of Seabridge Gold’s (TSX: SEA; NYSE: SA) 3Aces project, and the McIntyre Brook property in New Brunswick, 80 km…
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Roadmap for US’s clean transportation future unveiled
A new report by researchers at the University of California Berkeley lays out what the U.S. needs to do to achieve a clean transportation future. To understand what actions are crucial to conquer such a goal, the researchers developed the…
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Barrick reports in-line production; expects stronger output in H2
In the first quarter of 2021, Toronto-based gold major Barrick Gold (TSX: ABX; NYSE: GOLD) produced 1.1 million oz. of gold and 93 million lb. of copper, in line with its plan for the year. In the production release, the…
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HighGold steps out Johnson Tract in Alaska
Final results for nine holes drilled as part of a 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH) gold-polymetallic project in southcentral Alaska expand mineralization by 180 metres down-plunge, and on strike of earlier stepout intercepts. Overall,…
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Pan mine gold output trends up for Fiore
In the first three months of 2021, Fiore Gold’s (TSXV: F) Pan heap leach mine in Nevada generated 10,915 oz. of gold, a 19% increase over the prior quarter due to an improvement in heap leach pH levels. The amount…
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Osisko Royalties reports strong deliveries, US royalty additions
Gold-equivalent deliveries received by Osisko Gold Royalties (TSX, NYSE: OR) in the first quarter of this year were ahead of the company’s expectations and higher than the ounces recorded in the fourth quarter of 2020. The Montreal-based royalty company has…
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RANKED: World’s top 10 nickel projects
While nickel is mostly used for stainless steel, the base metal has begun to take centre stage in the production of batteries in electric vehicles, as it is expected that original equipment manufacturers will increasingly use high-nickel cathode battery chemistries.…
