Lundin Gold raises production forecast for the year
The Canadian miner now expects to produce 430,000 to 460,000 ounces of gold, from a previous guidance of between 405,000 and 445,000 ounces.
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Hochschild Mining granted environmental permit for Brazil gold project
The Mara Rosa gold mine, in Brazil’s central state of Goías, is expected to begin production in the first half of 2024.
Coal’s skyrocketing prices could last years on Russia disruption
The EU’s ban on Russian coal that begins this month will boost demand for imports from other countries like Indonesia and Australia.
Tesla discloses lobbying effort to set up factory in Canada
The company's Canadian unit is working with the government to "identify opportunities for industrial facility permitting reforms", the amended filing said.
Resource and grade growth bodes well for Osino’s prefeasibility on Namibia gold project
The deposit holds another 240,000 oz. gold in the inferred category at 1.05 grams per tonne.
Goldman analyst calls out ‘deeply disappointing’ energy bets
The ESG industry has focused “too heavily” on blacklisting all fossil fuels, exacerbating an energy crisis that can’t be addressed without embracing natural gas, researcher says.
Imperial Metals records $29.3M net loss in Q2 as it works to reopen Mount Polley
Imperial Metals (TSX: III) racked up further losses during the second quarter of 2022, recording an adjusted net loss of $29.3 million compared […]
Denison makes improved offer in attempt to hijack Uranium Energy’s UEX bid
Acquisition of UEX would see Denison consolidate a 100% ownership of the largest undeveloped uranium project in the Athabasca Basin.
Hudbay Minerals reaffirms 2022 guidance as production, costs improve in Q2
On the financial front, Hudbay recorded net earnings of $32.1 million for the second quarter of 2022, compared with $63.8 million in Q1 2022.
