Omai doubles Guyana gold resource
The indicated resource grew 171% over the 2021 estimate to 1.9 million oz. gold held in 16.7 million tonnes grading 2.07 g/t.
Latest Stories
Namibia, EU reach provisional deal on rare earth minerals
"In principal we have agreed on conditions, whatever the materials, we are going to process them here," mines and energy minister said.
‘Strikingly tight’ copper market belies price drop, Freeport says
Macroeconomic headwinds have pushed copper futures down almost 30% from a peak in March.
Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO
The company is currently mobilizing drill teams after a July environmental court decision reinstating the drilling permit.
CHARTS: “Almost unattainable” gap between green energy copper demand and mining supply
New report estimates 1 million additional tonnes of copper supply is needed per year to meet climate goals. The tally so far in 2022? 260,000 tonnes.
Aluminum rebound buoys Alcoa, muting global slowdown worries
The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.
Syrah Resources to expand Louisiana graphite plant after $220 million grant
Syrah plans to expand its Louisiana graphite anode plant fourfold after being selected for a $219.8 million grant.
Gold price under pressure as global recession risk pushes up dollar
Renewed strength in the greenback has now seen bullion tumble more than 20% since a March peak.
Nouveau Monde Graphite enters MOU for offtake deal with Panasonic, announces $50m financing
NMG will use the proceeds of the investment to support the finalization of the design, operation, marketing and corporate parameters of the Phase 2 commercial integrated operations.
