Franco-Nevada offers ‘financial lifeline’ to Red Pine Exploration
After Red Pine completes a feasibility study at Wawa, Franco-Nevada can opt to buy an additional 0.5% NSR royalty.
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Eloro releases inferred estimate containing 1.15 billion oz. silver equivalent
The potentially open pittable inferred resource is 541 million tonnes at 0.69% zinc, 0.28% lead, and 13.6 grams silver per tonne for an NSR value of $20.32 per tonne.
Taseko’s Florence copper project inks preservation deal with US EPA
The agreement is now in effect and stipulates requirements for the treatment, handling and protection of cultural resources on the Florence project site.
Hyundai to invest $400 million for stake in Korea Zinc
Hyundai plans to buy 50% of nickel it needs for EV batteries through the partnership by 2031 to comply with President Joe Biden’s Inflation Reduction Act.
Copper Fox reports indicated reserves of 71mt for Eaglehead project
This is the first time indicated resources were reported for Eaglehead.
Zijin Mining slows M&A on valuations, geopolitical risks
The number and scale of deals completed by the company is fewer than previous years, although it’s still “actively looking."
India confirms sulfur and detects several other elements near the moon’s lunar south pole
India's lunar rover also detected aluminum, iron, calcium, chromium, titanium, manganese, oxygen and silicon on the lunar surface.
Gold price rises to near month high on weak US data
Gold rose for a third straight session on Wednesday, supported by a fresh batch of weak US economic data.
Iron ore price rises on prospects of fresh China stimulus
Guangzhou became the first major Chinese city on Wednesday to announce an easing of mortgage curbs.
