Wesdome drills 68.2 g/t over 19 metres at Kiena
Wesdome plans to have an updated Kiena resource by the end of this year.
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Nemaska updates Whabouchi 43-101, costs remain steady
The updated technical report puts the after tax NPV at $2.3 billion (8% discount) and the after tax IRR at 27.4%.
McConnell supports miners blockading coal train to get back pay
Coal miners in Kentucky blockaded a CSX Corp. train on Monday after going without pay for a month following the bankruptcy of their employer Blackjewel LLC.
Hawkish rate cut sends gold prices down
Yesterday, the Fed trimmed down the interest rates. This was widely expected – yet a blunt ruling out of an extended easing cycle wasn’t.
Malaysia asks Lynas for waste plan before licence renewal
Malaysia's environment ministry set conditions in December for Lynas to remove its waste stockpiles before it would renew its operating licence.
Philex seeks partners for $1.1bn Silangan project
The Silangan project, originally slated to begin production by 2018, was hit by a ban on new open-pit mining introduced in 2017.
Simandou tender likely to be opaque
Nominally transparent tender for iron ore concession raises eyebrows among miners.
Trump ratchets up US-China trade war with new tariffs
The new tariff will be imposed beginning Sept. 1, he said in a tweet.
Appian appoints former Anglo exec to lead Brazil operations
The firm has also completed a definitive feasibility study for its Serrote copper-gold project in Brazil.
