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Hudbay exploring early gold opportunity at New Britannia

By: Mariaan Webb     13th August 2020 Base and precious metals miner Hudbay has identified an early gold opportunity from the New Britannia mill, in Manitoba, and says it could produce gold earlier than expected in 2021. The NYSE-listed company, which is midstride a mill refurbishment project at New Britannia mill, is still studying... 

Crop nutrients have double potential of coal being exited – Anglo 

By: Martin Creamer     3rd August 2020 Covid-19 notwithstanding, diversified mining company Anglo American will this year be spending the $300-million that it forecast on the Woodsmith polyhalite project in the UK, which gives it entry into the crop nutrients business at a time when fertilising is being hailed a godsend to ease global... 

Markets reward companies that treat workers well in a crisis

By: Bloomberg     24th July 2020 For millions of Britons, March 24 will be remembered as the lockdown moment when they either lost their job or were told not to come back to work for months. For Andy Howard, it was the day his workload doubled. In addition to running a team of 13 investment analysts at London-based asset manager... 

Citi says it's 'only a matter of time' before gold hits a record

By: Bloomberg     20th July 2020 Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup. Prices are benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, analysts including Ed Morse... 

GoldStone plans to further extend resource, updates economic plan

By: Marleny Arnoldi     17th July 2020 Aim-listed GoldStone will shortly start with an additional infill reverse circulation drilling programme to increase the mineable resource at the Homase South Pit at its Akrokeri-Homase gold project, in Ghana The project currently hosts a 602 000 oz gold resource at an average grade of 1.77 g/t.  

Miners welcome A$2bn training fund

By: Esmarie Iannucci     17th July 2020 The Minerals Council of Australia (MCA) has welcomed the federal governments A$2-billion JobTrainer skills package, saying it would assist the nation’s mineral employers to boost the rate of economic recovery from the Covid-19 pandemic. Prime Minister Scott Morrison said the JobTrainer package... 

Real Energy and Strata-X to merge

By: Esmarie Iannucci     15th July 2020 ASX-listed Real Energy has struck a merger agreement with joint venture (JV) partner Strata-X Energy to create a new entity called Pure Energy Corporation with gas resources in the Surat and Cooper basins, in Queensland, and in the Republic of Botswana. Under the terms of the merger agreement,... 

Monarch inks MoU with Ontario Northland for Wasamac ore transport

By: Mariaan Webb     10th July 2020 Toronto-listed Monarch Gold is studying the use of freight rail operator Ontario Northland Railway’s infrastructure to move ore from its Wasamac gold project, in Val d’Or, Quebec, to Glencore Canada’s Kidd concentrator, in Timmins, Ontario. The company has entered into a memorandum of... 

In copper country, they’re using the metal to fight the virus

By: Bloomberg     9th July 2020 As Chile’s giant copper mines battle to keep workers healthy in the Covid-19 pandemic, a laboratory in the country is touting the use of tiny specks of the metal to contain the spread among the general population. Santiago-based Aintech says its products are the first to make use of copper... 

Power Metal raises £1m to accelerate exploration

By: Schalk Burger     6th July 2020 Aim-listed metals exploration and development company Power Metal Resources has raised £1-million to accelerate exploration across its portfolio of projects and to commercialise select project interests. The funds raised will increase the available working capital (cash and listed financial... 

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