Author: backoffice

Legacy is the subject of a joint option agreement between Saga Metals and Rio Tinto, under which Rio Tinto will act as project manager during the first and second option period. The optioned property contains 663 claims spanning 34,243 hectares hosting 100 km of striking paragneiss. This Saga Metals profile is part of a paid...

Plans to open the Arctic seabed for deep-sea mining are raising alarms among environmentalists, particularly in light of new findings highlighting the potential damage to one of the world’s least explored ecosystems. The area in question lies within the Norwegian Exclusive Economic Zone, specifically a section of the Arctic Ocean known as the Mohns Ridge....

Summary Allup is also preparing a drilling program for the project in Q4 CY24 to enable an update of the existing Mineral Resource Estimate (MRE) in early 2025, and to investigate potential to increase the known resource. Previous IHC Metallurgical Testwork Results In 2018, IHC completed a metallurgical testwork program on a representative sample derived...

“You can’t say gold is at a high — you have to look at why, at what brings it to this number and is that still valid. The US they say is creating a trillion dollars of new debt every 100 days,” he said. “I would say gold is not at its high, and looking...

According to the company, the deal will bring 835 megawatts of carbon-free energy back to the grid and will create over 3,400 jobs. It is expected to generate over US$3 billion in taxes and US$16 billion for Pennsylvania’s economy. The long-term power purchase agreement with Microsoft is the largest in Constellation’s history, and will facilitate...

HIGHLIGHTS: The grant application was submitted under the DoE’s Battery Materials Processing Grant Programme of the Office of Manufacturing and Energy Supply Chains, which is funded by the Bipartisan Infrastructure Law. The program is designed to provide grants for battery materials processing to ensure that the United States has a viable battery materials processing industry....

Details of the Placement The Placement received strong support from a network of sophisticated and high net-worth investors and family offices. The Placement price of $0.065 represents a 9% discount to the 15-day Volume Weighted Average Price (VWAP) of CG1 shares to 19 September 2024, being the last trading day prior to the announcement of...

Pierre Gratton, president and CEO of the Mining Association of Canada, gave his annual address in front of members of the association and the Greater Vancouver Board of Trade on September 17. He spoke about the opportunities and challenges facing the country’s mining industry, saying that while there are areas to improve, he’s encouraged to...

Highlights West Cobar Metals’ Managing Director, Matt Szwedzicki, commented: “The Bulla Park project is shaping up to have potential for a major copper – antimony – silver deposit. The antimony content is exceptional and with the global prices of antimony trading at nearly 2.5 times the price of copper, it is a good time to...

Facing real challenges on the availability, affordability and sustainability fronts McKinsey senior partner Michel Von Hoey said were shifting uncomfortably for many mining and metals companies, traditional copper production leaders faced acute pressures on their business-as-usual models as they grasped at clear growth opportunities presented by the world’s nascent mobility and energy transitions. Among the...