HIGHLIGHTS The program at Link Zone was focused within and adjacent to conceptual $3,000/oz Au pit shells, with holes targeting interpreted ore lode positions to gain mass for metallurgical testwork, along with varying orientations of geotechnical holes to gain information for assessment ahead of a potential small-scale mining campaign. Brightstar’s Managing Director, Alex Rovira, commented...
Tag: investing news
Acquisition of Grand Codroy Uranium Project in Newfoundland, Canada
HIGHLIGHTS AuKing’s Managing Director, Mr Paul Williams, said that with the strong industry sentiment emerging from last week’s World Nuclear Association symposium in London, there is likely to be renewed levels of interest for uranium projects. The Company already has a significant position with its Mkuju uranium project in Tanzania and that the Company was...
What is the Gold Spot Price? (Updated 2024)
The gold spot price is used globally when the precious metal is traded. Constantly in a state of flux, the gold price is driven by diverse factors, from safe-haven demand to futures market speculation. In modern times, gold is not only recognized as a sign of affluence or a safe place to store value, but...
Where Does Tesla Get its Lithium? (Updated 2024)
In a mid-2023 Tesla earnings call, Musk seemed relieved to see prices for the battery metal had declined. “Lithium prices went absolutely insane there for a while,” he said. Lower battery prices will bring EVs closer to cost parity with internal combustion engines vehicles, leading to wider adoption and increased demand. Read on to learn...
McFarlane Samples 87.4 Grams Per Tonne(Gpt) Gold Containing 0.59% Copper at its Past Producing McMillan Gold Mine; Provides Exploration Update on Upcoming Drill Program
Highlights The McMillan Gold Mine was a past producer of gold and is located within 3 km from major highways and power lines. Located geologically in the Huronian Gold Belt 70 km west of Sudbury (Figure 1), this area of the province has been consistently identified as a top gold and polymetallic exploration opportunity as...
Critical Issues and Opportunities in Australia’s Copper Sector
Nations around the world include copper on their national critical minerals lists. That allows mining companies working with the mineral access to special funds and programs, enabling mining development. The most recent list in Australia, however, omits copper, relegating it to “strategic mineral” status. This is triggering concerns around the possible impact on exploration and...
Top 10 Biggest Gold Mines in Australia (Updated 2024)
Australia is currently tied with Russia for second place in global gold production. With gold’s price trading at historic highs, it’s a good time for investors to find out more about gold mines in Australia. Read on for a look at where gold is mined in Australia and how much gold is produced at the...
Fireweed Updates Macpass Resource Estimate, Adding Boundary Zone to Yukon Zinc Project
In a Wednesday (September 4) release, the company shared updated resource estimates for the project’s Tom and Jason deposits, as well as maiden resource estimates for the Boundary Zone and End Zone deposits. The entire Macpass resource estimate now encompasses 56 million metric tons at 7.27 percent zinc equivalent in the indicated category, and 48.48...
Havana Underground Gold Project Gets Green Light from Tropicana Joint Venture Partners
First gold was produced at Tropicana in 2013 after the site was discovered in 2005. The area currently contains four known mineralised zones: Tropicana, Boston Shaker, Havana and Havana South. According to Regis, the underground Havana project will fall below the Havana open pit, which is now in production. Once it starts up, Havana will...
Rimfire Pacific Releases Maiden Scandium Resource Estimates for Melrose and Murga North
“Declaring maiden Scandium Mineral Resources for Melrose and Murga North is an important first step in achieving our objective of building a globally significant scandium resource inventory at Fifield,” said Managing Director David Hutton. While Melrose is largely “closed off,” the Murga area is open to the west and south. Hutton noted that the company...