Monarch gets $5m to bring Beaufor mine into production
The Saint-Sauveur-based company just signed a deal with institutional investor Caisse de dépôt et placement du Québec.
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MINING PEOPLE: CIM, Copper Reef Mining, Smooth Rock Ventures
Key moves in the mining sector.
Lucara Diamond in the red as market conditions worsen
Lucara lost $3.2 million in the first three months of the year, compared to $7.4 million in earnings in Q1 2019.
Updated feasibility boosts economics for Copper Mountain’s Eva project
A new study has increased the mine life by three years to 15 years, boosted annual production by 25%.
Equinox tables PEA for underground development at Aurizona
The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba underground to the existing 8,000 t/d plant at the site.
Inmarsat and Cobham launch solution to connect remote workers
Companies have launched a push-to-talk (PTT) solution to connect remote workers using vehicles across the globe.
Silvercorp annual production beats guidance
Shares of Silvercorp Metals closed 4.6% higher on the TSX Thursday.
CHART: China’s grip on battery metals supply chain
Only 23% of global supply of all battery raw materials is coming from China.
Franco-Nevada reports 10% quarterly sales boost
Company sold 134,941 gold equivalent ounces in Q1, up 10.6% from Q1 2019, but warned of 'production curtailments.'