Montage Gold raises $15 million to acquire Côte d’Ivoire project

EY's annual British Columbia Mineral and Coal Exploration Survey found Canada’s exploration expenditure remained third in global rankings behind South America and Australia.

As world economies shift to more electrification and away from fossil fuels to reach net-zero carbon emissions by 2050, expect more copper mining and interest in metals like cobalt and nickel.

The surface mine would generate a total of 588,000 palladium oz and 122 million lb of copper.

A resource update is underway with results expected in the second quarter.

In late January Adriatic was granted an exploitation permit for its Veovaca project near Vares in Bosnia-Herzegovina, 50 km north of the capital, Sarajevo.

The project, owned by a subsidiary of Shaanxi Yanchang Petroleum Group, involved a total investment of $1.92 billion.

The latest results include assays from three zones within the Astoria area that includes a gold deposit.

The Eau Claire project is 57 km from Newmont’s Éléonore mine.

The world's sixth-largest producer produced 8 million carats in 2020, 23% below the initial plan