First Mining PEA pegs Duparquet initial capex at $516 million Looking at the after-tax numbers, Duparquet has an NPV with a 5% discount of C$588 million ($430m) and IRR of 18.0%. Staff Writer | September 7, 2023 | 8:27 am
Benefits of EVs under the equity microscope US-based researchers want to know whether EV technology may unfairly harm some areas and populations. Staff Writer | September 7, 2023 | 6:06 am
Construction kicks off soon on USGS research facility at Colorado School of Mines The $240 million building will be occupied by about 250 USGS researchers, 68 Mines researchers and 150 Mines students. Staff Writer | September 6, 2023 | 4:32 pm
Snowline Gold shares rise on $12 million bought deal financing The strengthened treasury would allow the company to advance exploration on the Rogue project's Valley discovery. Staff Writer | September 6, 2023 | 3:16 pm
Prefeasibility for FPX Nickel’s Baptiste project puts NPV over $2 billion The company intends to develop a high-margin, long-life, large-scale and low-carbon mine. It will produce a 60% nickel concentrate for direct feed into the stainless steel industry. Staff Writer | September 6, 2023 | 10:15 am
Ivanhoe Electric’s assessment for Santa Cruz project details new source of ‘green’ copper in US The study estimates an after-tax net present value of $1.3 billion with an after-tax internal rate of return of 23%. Staff Writer | September 6, 2023 | 9:52 am
Pacific alliance adopts moratorium on deep sea mining The decision is a blow to the Solwara 1 project in Papua New Guinea, once poised to be one of the world's first deep sea mining projects. Staff Writer | September 6, 2023 | 9:45 am
Australia’s Resource Minister says tax breaks for lithium are ‘on the table’ “Australia can be more than a ‘dig and ship’ nation,” Tesla chair Robyn Denholm told a conference in Canberra. Staff Writer | September 6, 2023 | 9:13 am
Smart, highly efficient zinc-ion battery shows unique colour-changing properties Batteries with electrochromic properties can be used as display devices that cut down energy consumption. Staff Writer | September 6, 2023 | 6:06 am
Skeena boosts Snip indicated resource by 237% to 823,000 oz The increased tonnage in the indicated resource comes as the inferred resource shrinks to 499,000 oz. of gold. Staff Writer | September 5, 2023 | 10:29 am
Cameco 2023 forecast down at Key Lake, Cigar Lake, McArthur River operations Total production from operations is forecast to be 30.3 million lb. uranium concentrate (U3O8), down approximately 9%. Staff Writer | September 5, 2023 | 10:27 am
Aura Minerals declares commercial production at Almas gold mine in Brazil Approximately 4,661 ounces of gold were produced in August, with gross revenues of approximately $9 million recognized in the month. Staff Writer | September 5, 2023 | 9:38 am