A total of $596M is being invested in 74 mining projects in Peru. 30 of the 74 projects are fully permitted. 17 are waiting for permits. 27 are being looked at to see if they're eligible for an environmental permit. 39 of the 74 are copper projects, 18 are gold, 9 are zinc, and 8 are silver-lithium projects.
In a wide-ranging interview for the World Nuclear News podcast, Bannerman Energy’s CEO Brandon Munro outlined the major changes in the global uranium and wider nuclear fuel sector as a result of the Russia-Ukraine war - and gives his advice on winning people over to nuclear energy. Listen to the podcast here.
The partnership will combine Gold Fields’ Tarkwa gold mine with AngloGold Ashanti’s Iduapriem gold mine, both located near the town of Tarkwa in Ghana. The venture is expected to produce an annual average of 900,000 oz of gold production in the first five years and 600,000 oz over the mine's…
This because they're trying to cut back on costs. Jerritt Canyon was not getting the mining rates, and it was costing too much to run. It's supposed to be temporary. There is still around 45,000t of surface stockpiles that are…
Peninsula Energy should already have been producing uranium, but they said this week that production is likely to start in the second half of 2023, citing supply-chain disruptions. All else looks to be on track to start producing in a…
2022 profit was $981M. Market cap is roughly $7B. Production down 4%. Sales down 1%. Inventory up 6%. Average realized price up 31% (to $42.50/lb). Cost of sales up 18%. All-in cash cost up 21% (to $16.19/lb).
The Norasa uranium project in Namibia got a DFS in 2015. They updated it in 2022. Now they'll be doing a "technical trade-off study" to confirm optimal grind size considering uranium recovery, costs, materials handling, and tailings handling. It should…
The 2023 IDP consists of a PFS for the Phase 3 and Phase 4 expansions of the Kamoa-Kakula Copper Complex over a 33-year mine life, as well as an updated PEA that includes a life-of-mine extension case to 42 years…
Operator of Cobre Panama mine, First Quantum Minerals, has resumed operations to normal levels, according to royalty and streaming company Franco-Nevada. The mine accounted for 18% of Franco-Nevada's revenue in 2021, and the company has contributed $1.36bn to its construction.…
Russia's biggest gold producer reported a 27% decrease in 2022 adjusted EBITDA to $2.6bn. The company trades at a $1B valuation. Western sanctions have not targeted Polyus directly, but a reduction in dealings with Russian companies has affected the company…
Patriot Battery Metals will raise CAD 50m to fund exploration at its Corvette property in Quebec through a charity flow-through offer of 2.21 million shares at C$22.57 per share, a 90% premium to the stock's last closing price.
Tractebel, a Belgian engineering firm, and NRG-Pallas, a company from the Netherlands, have entered into a preliminary agreement to collaborate on the provision of engineering services for the construction of large nuclear power plants in the Netherlands.
The US Nuclear Regulatory Commission has given approval to Westinghouse's Advanced Doped Pellet Technology fuel pellets for use in pressurised water reactors in the USA.
Extreme sentiment has historically been associated with market bottoms. Right now opinions are pretty negative.
The collapse of Silicon Valley Bank was "a little bit like the Lehman moment for technology," a top Goldman Sachs dealmaker told CNBC.
Here are the biggest calls on Wall Street on
Slamball, which generated buzz in the early 2000s, is returning this summer with investors including David Blitzer and Michael Rubin.
Other than the Explorer name and some design attributes, the new electric vehicle shares little to nothing with the gas-powered SUV in the U.S.
The U.S. and Ukraine's allies in Europe fear that China throw its military might behind Russia as its invasion of Ukraine appears to be flagging.
Oil prices rebounded and rose over 1% on Monday after diving to their lowest levels in 15 months amid turmoil in the banking sector.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
With oil prices and energy stocks under pressure in recent weeks, we're again building up our position in this oil-and-gas firm.
Another regional bank-driven selloff on Wall Street on Friday gives us a chance to make two more small buys.
It's the second day of Chinese President Xi Jinping's state visit to Moscow Tuesday. He and President Putin could sign a number of bilateral agreements today.
Donald Trump expects to be charged over a hush money payoff to porn star Stormy Daniels. Follow live updates on the grand jury probe of the former president.
Former U.S. Sen. Heidi Heitkamp argues Democrats and Republicans have been too quick to place political blame after Silicon Valley Bank's collapse.
Tens of thousands of workers in the Los Angeles Unified School District walked off the job Tuesday over stalled contract talks.
Former President Donald Trump said he expects to be charged over a hush money payoff to porn star Stormy Daniels. Follow live updates on the grand jury probe.