Kinross suspends Russian operations
Kinross intends to adhere to all sanctions and legal restrictions.
Kinross intends to adhere to all sanctions and legal restrictions.
The updated resource estimate is the culmination of a 20,000m drilling program that substantially increased the size of the East Bull deposit.
International sanctions limit the ability of Russian domestic banks to purchase Kinross’s produced gold.
Resource base for the NAL and Authier projects has approximately doubled to 119.1 million tonnes grading 1.05% Li2O, for 1.25 million tonnes of Li2O.
The asset’s updated mineral resource estimate is now 4.39m gold-equivalent ounces, up from the 3.54m reported in April 2021.
The technical report highlights a robust, long-life operation with average annual production of 72.8 million lb CuEq over the first 15 years of mine life.
The move by the world’s top aluminium producer outside China, threatens to further tighten a market that’s already short on supply.
Metal Energy (TSXV: MERG) is a newly listed exploration and development company looking for nickel, copper, and platinum group elements (PGE) in Canada. […]
The need for battery metals is propelling many projects in resource-rich South America, but gold and silver projects retain their appeal, too.
Vale executives said on Friday that Russia's invasion of Ukraine is expected to influence the price of iron ore pellets.