Anax’s Managing Director, Geoff Laing commented: “These results again demonstrate the high-grade nature of this VMS deposit, and we are pleased with the outcomes of this drilling campaign. The team will continue to focus on leveraged growth outcomes at Whim Creek and we look forward to providing ongoing updates on the near mine exploration along...
Author: backoffice
2024 Silver Outlook: Australia Edition
Our expert predicts a silver break out in 2024. How high could it go? The Investing News Network spoke with analysts, market watchers and insiders to get you their silver forecasts as well as list of trends and stocks that you need to know about in order to stay ahead of the anticipated silver rally....
Trump and the Gold Standard (Updated 2024)
Read on to learn what the gold standard is, why it ended, what Trump has said about bringing back the gold standard — and what could happen if a gold-backed currency ever comes into play again. What is the gold standard and how does it work? Put simply, the gold standard is a monetary system...
Offtake Prepayment MOU
Upon execution of definitive agreements, Galan will supply and Chemphys will purchase a total of 23,000 tonnes LCE, as a lithium chloride product, over the first five years of Phase 1 production from the HMW project. Chemphys will also provide Galan with a US$40 million offtake prepayment facility to facilitate the continued development of Phase...
Wide Zones of Mineralisation Results Returned from Lord Byron Infill Drilling
HIGHLIGHTS Brightstar’s Managing Director, Alex Rovira, commented “These assays represent the first results from the recently acquired Linden Gold exploration package at the Jasper Hills Gold Project. The results are highly encouraging and align with grades and widths we expected from the existing 244koz Au mineral resource. The increased confidence from this infill drilling will...
Arafura Signs Rare Earths MOU with Saskatchewan Research Council
The MOU “brings together capabilities and interests in processing and supply of rare earths elements,” and is geared at allowing Arafura to process products from its Nolans project at the SRC’s facility in Saskatoon, Saskatchewan. The MOU will allow Arafura and the SRC to put together a framework and timetable for the toll processing of...
Canada Slaps 100 Percent Tariff on Chinese EVs, Aligning with US and EU Trade Restrictions
Canada will impose a 100 percent tariff on Chinese electric vehicles (EVs), following the lead of the US and EU in a move geared at addressing concerns over China’s trade practices within the sector. “Actors like China have chosen to give themselves an unfair advantage in the global marketplace, compromising the security of our critical...
Bonanza Grade Silver Identified ±550mtrs from Historic Silver Mines that Produced 34,200,000oz of Refined Silver
“Well, this not something you see every day, let alone to find on surface during a maiden field program – possibly the highest- grade silver results published in recent history. It’s remarkable that the team has now delineated a total of six high grade Copper, Gold and Silver mineralised districts at Great Bear. Results to...
Allup Appoints IHC Mining Consultants for McLaren PFS
Allup announced its acquisition of the advanced-stage McLaren Project earlier this month, which has an Indicated and Inferred JORC (2012) resource of 280Mt at 4.8% Heavy Mineral1 near surface. Allup is examining its potential to produce ilmenite, a key titanium mineral, which currently trades at more than US$300/t due to increasing titanium shortages. Strong ilmenite...
Gold Fields Reports Lower Profit in H1 Amid Operational Challenges
During the first half of 2024, multiple operational challenges and production issues hindered the company’s targets, leading to declines in multiple areas of its portfolio. The company’s gold production declined 20 percent year-on-year to come in at 918,000 ounces. Meanwhile, Gold Fields’ normalized earnings decreased by 22 percent year-on-year to reach US$355 million (US$0.40 per...