Fission to prepare PEA for underground-only option at Patterson Lake South Potential benefits of such a plan include low operating costs, lower capex and reduced construction time. Canadian Mining Journal Staff | July 23, 2019 | 1:45 pm
RANKED: Top 10 lowest cost gold mines in the world Q1 Average all-in sustaining costs (AISC) incurred by gold miners rose from $988/oz in Q4 2018 to $1,000/oz in Q1 2019. Jackson Chen | July 23, 2019 | 1:38 pm
Greece seeks to kickstart stalled Eldorado gold mine investment Eldorado halted construction in November 2017 at Skouries, citing mainly environmental permit delays. Reuters | July 23, 2019 | 1:02 pm
World aluminium output falls as China growth engine stalls Global aluminium production fell by 0.5% in the first half of this year, according to the International Aluminium Institute. Reuters | July 23, 2019 | 12:22 pm
Barkerville Gold Mines stock rises on new drill results In May, the company reported a 50% increase over the 2018 resource estimate at Cariboo. Jackson Chen | July 23, 2019 | 12:15 pm
Draghi or Lagarde: A meaningful difference for gold? In June, the ECB became more dovish, as it postponed the possible beginning of the interest rate hiking from the end of 2019 to the mid-2020. Sunshine Profits | July 23, 2019 | 12:09 pm
Trump enlists Pentagon on rare earth magnets amid Chinese threat Trump invoked the 69-year-old Defense Production Act -- once used to preserve American steelmaking capacity -- to remedy what he called “a shortfall” in production of the super-strong magnets made with neodymium and samarium. Bloomberg News | July 23, 2019 | 11:07 am
Zambia presses on with liquidating Vedanta unit assets despite ruling Mines Minister Richard Musukwa said foreign judgments are not enforceable in Zambia until they are registered in local courts. Reuters | July 23, 2019 | 10:23 am
Australian lithium miner Altura raises $15.8m as big shareholder raises stake Key shareholder Ningbo Shanshan Co Ltd will increase its stake and invest A$22.4 million in the company. Reuters | July 23, 2019 | 10:10 am