Beginning this fall, the company will start digging the first in a series of pits, each the size of a football stadium, in Utah, about 265km (165 miles) from Salt Lake City.
The agreement with Kansas-based Koch Fertilizer comes as the European firm attempts to fend off a takeover bid from Potash Corp.
Deal will give Integra up to a $27 million-cash injection, allowing it to move forward with its Quebec-based Lamaque gold project.
The facility aims to test a new lithium minerals process developed by the company over the past year.
Co-President Kelvin Dushnisky will take over as president as the world’s largest gold producer restructures management to boost efficiencies.
Not metaphorically, but literally – the deep sea is a gold mine, and that is just scratching the surface.
The company will review the conditions and submit comments to the National Energy Board next week.
Total bullion demand dropped 12% in the second quarter of the year, due in part to directionless prices, the WGC says.
Experts say the main reason behind such debacle is a combination of steadily rising production, pipeline constraints and an unexpected outage at a U.S. refinery.
About 90% of China’s rare earth producers are currently operating at a loss as prices for the coveted elements continue to drop due to a global glut and illegal mining.
But gold is, so far, profiting from the situation, heading for its longest winning streak in three months.
The decision of the People's Bank of China (PBOC) to devalue the yuan by 1.9% sent most mining stocks and commodities down the slippery slope.
Stock markets in Canada and the United States fell sharply on the news that China had allowed the yuan to drop 2%.
Pollution on a remote northern B.C. island only discovered after whistleblower reported improper practices.
Lower precious metals prices on Wall Street aren't necessarily bringing lower prices on Main Street.
This increase may be related to the shift in government’s attention toward LNG
Inspectors are currently at the site, but haven't been able to determine how the birds died or whether others are injured.
The latest offer was unchanged in its value, but included a more formal “business combination agreement,” K+S said
Steve Gill. Photo from Ron Lukey. Ron Lukey posted some stunning black and white portraits of people living and working in Tumbler Ridge two decades ago. Hello to Tumbler Ridge people. My wife Helene and I lived there in the 80's …
Shares in Vancouver's Pretium Resources jump on news construction of super high-grade Brucejack gold-silver mine near Alaska border can now start.
Canada has given oil sands a dirty reputation, but a breakthrough, commercially viable technology has caught the eye of a former Exxon Mobil president who is putting it to use to clean up Utah's billions of barrels of oil sands.
While analyst predict a rebound in hard-hit rare earth prices later this year, it is still unclear whether companies outside China, the world’s largest producer, will be able to challenge its dominance.
The proposed open-pit surface and underground spodumene mine will produce lithium, highly used in the manufacturing of batteries for cell phones and electric cars.
The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.
Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group.
On 1st anniversary of North America’s worst mine waste disaster, failures shown to be global trend attributable to industry & regulatory failure to implement best practices.
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