Eskay Creek is a past-producing mine first discovered in 1988 that Skeena initially optioned from Barrick Gold in 2017, before acquiring 100% ownership in October of last year. The former Eskay Creek mine was once the highest-grade gold mine in the world when it was in production, according to Skeena, as well as being the… Read More
Western Europe claimed both the biggest number of projects with 17, and the biggest combined value with $9.1 billion. This gave the region a 43.5% share of the total global investment into battery manufacturing projects, Fitch reports. On a country level, Germany led the region with 10 of the 17 projects recorded. The biggest project… Read More
A reminder why they always will be sound money and why bitcoin cannot fill that role With bitcoin’s price still rising and expected to rise even more, there has been a growing belief in cryptocurrency circles that it will replace unbacked government currencies when they eventually fail. The assumptions behind this conclusion are naïve, exposing… Read More
Rob Tyson, director of Mining International Ltd, who specializes in recruiting top talent through search and select methodology across in the c-suite, management and technical space, offers some insights, in the first of a MINING.com series on employment trends in the industry. Rob Tyson. Image from Mining International Ltd. MDC: How do you see demand… Read More
The debate between relatively new digital cryptocurrencies versus ‘tried and true’ gold has dominated most precious metals related websites. But what if gold and cryptocurrencies were combined? According to a Bloomberg article a NYC Real Estate Mogul, after learning about cryptocurrencies from his son, is putting this concept to work by securing a minimum of… Read More
Most of the wildlife we come across may be small, but it’s blessed with an unnatural hunger for blood. Midges, blackflies, mosquitoes, horse flies, and moose flies top the list of blood-crazed flying nasties that will torment you — stinging or ripping off chunks of flesh until foaming insanity takes hold. You don’t see them… Read More
Details were announced Wednesday by Monte McNaughton, Minister of Labour, Training and Skills Development, at Workplace Safety North’s 2021 Virtual Mining Health and Safety Conference. “Mining has been the backbone of Northern Ontario’s economy for generations and we owe it to workers to make sure they come home safely to their families every night,” McNaughton… Read More
The Gold Price Will Skyrocket Due to Inflation. In today’s new episode on GoldCore TV, Dave Rusell discusses how #inflation has taken hold of financial markets. The US National debt has surpassed $28 trillion and continues to accelerate even further. Money printing has grown exponentially, commodity prices are rising but as per the Bureau of… Read More
In economics, Gresham’s law is a monetary principle stating that “bad money drives out good”. For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. Today’s guest says, “This has been happening all throughout… Read More
The “beta” for long/short equity hedge funds has more than tripled vs the average beta since at least December 2018. Beta is the most common measure of stock or portfolio volatility relative to a broad equity index. Technically, beta is the percentage change in a stock (or fund) for every one percent change in the… Read More
Snowdon doubled down on the investment bank’s view that the mining sector is at the start of a supercycle, citing three factors driving the boom in the broader commodity market: Long-running structural underinvestment in the “old economy”, including mining, infrastructure and industrial production, new redistribution policies ushered in by covid that target commodity-intensive social needs… Read More
NextSource noted that the Japanese company supplies graphite anode material “to the majority of Japanese automotive original equipment manufacturers (OEMs) and the Tesla supply chain.” It is also the same Japanese company that in October 2018 signed an offtake agreement with NextSource for 20,000 tonnes of graphite a year over ten years. The Chinese partner… Read More
While we don’t expect to see substantial releases from strategic stockpiles, we do expect amplified rhetoric about the potential to release these in order to send a signal to the market Copper prices declined for a second day in New York but managed to hold just above the pivotal $4.00 a pound ($8,800 a tonne)… Read More
“Bermejal is an important higher grade expansion project that will increase Los Filos annual production,” Equinox CEO Christian Milau commented in a news release. In addition, Los Filos has signed an updated social collaboration agreement with the Carrizalillo community, which is similar to the previous social collaboration agreement with a term to April 2025 and certain clarified… Read More
Up till now, implantable sensors have not been suitable to remain in the body permanently because either the body rejects them or because the sensor’s color is unstable and fades over time. The sensor changes color and reveals concentration changes of substances in the body However, by using gold nanoparticles, the team at JGU achieved… Read More
Lasso also warned he would emphasize the enforcement of environmental protection rules and larger involvement from indigenous communities in deciding projects’ future. Lasso has made public his position to bant open-pit mining nearby water sources, grasslands, moorlands and underground water flows. The President-elect has made public his position to bant open-pit mining nearby water sources,… Read More
The Democratic Republic of Congo holds around 70% of the world’s reserves of cobalt and is also the largest producer, accounting for over 70% of cobalt mine supply in 2020 EGC was created a year ago but it became operative in late March. The company holds monopoly rights for the purchase, treatment, transformation, sale, and… Read More
The improved y-o-y performance was led by Antamina, which is owned by BHP, Glencore, Teck and Mitsubishi and was responsible for 22% of the production; Aluminum Corporation of China’s Chinalco Peru, with 12.4% of the production; and Glencore’s Compañía Minera Antapaccay, with 0.4%. When it comes to exports, copper grew by 21% in the first… Read More
“Management withheld metal [silver] from sale during the price correction over last two weeks of March and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in Q2, 2021” – Endeavor Silver ($EXK) management, Q1 earnings report It’s rare to find a stronger statement of conviction for the price… Read More
Once below-ground, the experts cultivated biofilms on native rocks rich in iron and sulphur-bearing minerals. After six months, the team analyzed the microbial composition and physical characteristics of newly grown biofilms, as well as their distributions using microscopy, spectroscopy and spatial modelling approaches. Extraterrestrial life could exist in subsurface iron and sulphur-rich environments similar to… Read More