Rio Tinto enters option for ALX’s Falcon project
Rio may acquire up to an 80% interest in the project in northern Saskatchewan by incurring a total of $12 million in exploration expenditures over 6 years.
Latest Stories
Bolivia’s largest mine suspends operations again due to pandemic
The San Cristóbal mine had previously suspended operations in March before resuming production in May.
Elon Musk is going to have a hard time finding clean nickel
Recent accidents suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “environmentally sensitive” way.
Bullion funds strike it rich delivering gold to London vaults
The ETF business has greatly benefited from the 2020 gold fever, with gold holdings now exceeding every central bank except the Federal Reserve.
Glencore makes U-turn to back artisanal mining of cobalt
The company, which has long endorsed the purchase of cobalt from industrial mines, is now backing a new initiative to support informal miners instead.
BHP to fund Canada’s Midland nickel exploration
BHP will fund 100% of Midland's initial search for nickel in Quebec, up to $1.06 million a year.
Electric ships – a new target for Li-ion battery producers
IDTechEx explores the potential of electric ships for lithium-ion battery producers.
Mariner Resources expands in Newfoundland
The Vancouver-based miner wants to acquire additional properties near its Mt. Peyton North, True Grit, and Great Bend projects in Newfoundland.
Workers bar access to Freeport Indonesia’s Grasberg mine
Upset by an ongoing coronavirus-related lockdown, more than a thousand workers are blocking the mine access.
