74 Mining Projects Coming Online in Peru in 2023

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.

(Podcast) Brandon Munro on Nuclear & Uranium During War Times

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.

Gold Fields and AngloGold to Create Africa’s Biggest Gold Mine

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


First Majestic Suspends Jerritt Canyon Operations

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 Delays Uranium Production

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

Kazatomprom Doubles its Profit

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).

Forsys Metals Update

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

Ivanhoe Files NI 43-101

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

First Quantum Producing Again

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.

Polyus Profits Fall Off a Cliff

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

PMET Raising $50M CAD for Exploration

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.


Holland is Getting Serious About Nuclear

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.

WestingHouse Gets Important Approval

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.




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