The results validate the company's own internal cost-to-complete construction assessment as of Feb. 13, 2019.
Canada Mining News
While the adjusted per-share earnings beat the average analyst estimate, revenue came in lower than expected and copper production fell 5.8% from a year earlier.
The environmental assessment will be co-ordinated among NexGen and the two governmental bodies.
Recent drill results include 3.22 g/t platinum, 2.08 g/t palladium, 0.23 g/t gold, 0.57% copper and 0.19% nickel over 41.2 m.
Access to its Peñasquito gold mine is being illegally block by a trucking contractor and some members of the Cedros community.
The Canadian company is taking on industry giants such as De Beers and Alrosa PJSC with an online platform to replace the current physical auctions.
According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.
Developing Yeelirrie, one of Australia’s biggest undeveloped uranium deposit, will depend on market conditions, said the company.
The miner is collaborating with the Constance Lake First Nation to incorporate traditional knowledge into the assessments.
The company's crew will be ground-truthing several kilometre-scale, high amplitude magnetic anomalies highlighted by a recently completed high-resolution geophysical surveys on the projects.
Production dropped 6% in the quarter.
Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.
Drilling is continuing at the Kiena mine complex in Val d’Or, with results not yet reflected in a resource estimate.
Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC's Canadian Mine report notes.
Two decades ago, governments and utilities around the world began offering above-market rates and contracts to fuel the rise of clean energy, but now these pacts are under attack.
Chief Executive Gary Goldberg said on an analyst call the combined company is targeting production of 6 million to 7 million ounces of gold annually.
Ernst & Young’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — rose 5% fin the January-March period.
With the support of Prospectair, the company plans to run an 809 line-kilometre electromagnetic survey.
This second major cash injection brings the Chinese miner's total investment in Ivanhoe to $1 billion, which gives the Canadian company the equity cushion required to build its massive Kamoa-Kakula copper mine.
The joint project will be conducted in Canada and has commenced with a phase one bench-scale study.
The company has received assay results from 127 drill holes.
About 3,000 metres of drilling is planned in 19 holes designed to convert inferred to measured and indicated resources.
Solar and wind farms are being developed or built in places not normally associated with clean energy, and in some regions long resistant to it.
ALX and Orano are on the verge of initiating a multi-year exploration program with the goal of locating a new, high-grade uranium deposit in the Athabasca Basin.
The company has completed a 2,059-metre copper-zinc focused program at the No.8 deposit.