Prime Mining receives funding to expand gold exploration efforts
According to S&P Global Market Intelligence, the recent rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending. However, Prime Mining’s (TSX.V:PRYM)(OTCQB: PRMNF) (Frankfurt: A2PRDW) has received an investment of C$10million to expand its exploration efforts at its Los Reyes gold deposit […]
Fortune Minerals’ attractive project with four different payable metals
US and Canadian governments recognize the importance of locally sourced raw material including critical metals such as cobalt, and Fortune has proposals currently being looked at. Current projects are polymetalic which include, cobalt, gold, bismuth and copper, which helps offset price volatility of individual metals. In about two years time, all of the known […]
? Low uranium price limits global uranium supply
Nuclear is such an important part of the electric grid worldwide and the price will need to increase in order for producers to go back online. Less capital intensive technique chosen for high-grade, near-surface PLS Project in Athabascan Basin. Completed $10mil USD lending agreement with Sprott which will enable advancement of a feasibility study, […]
Junior mining opportunities amidst expanding money supplies
In addition to current Yukon projects, in negotiations for JV projects in Northern Ontario. Very optimistic about the junior exploration space in Canada and ability to drill in old fields aided by advancements in geology, geophysics and mining techniques. “the job of junior exploration companies is to find that gold to replace the ever […]
You don’t need a pandemic to get blue skies
Rerouting material currently going to Chinese refineries, addresses many North American concerns related to reliance on China for supply chain continuity and trade issues. FCC is focussing on chemical business, which mitigates many risks to them growing as a company and shortens lead times Investors should be watching the flow sheet as FCC works […]
AMEX Exploration – Ramping with gold at new highs (CAD)
After being completely halted, Quebec’s 22 permitted mines were ramping back toward full operations as of April 15. CAD18 million raised at sequentially higher prices in past 12-months. Gold price is at all-time high in CAD and 55 other currencies – may not be accurately reflected in stock prices. 60 meters away from a […]
End reliance on China with USA Rare Earth’s help
Teams have been continuing their work amidst lockdown and have started processing rare earths in the US. 70% of Round Top rare earths are in the heavy category. As such their feasibility study is being expedited with maiden production expected within 30 months. Last week’s equipment purchases from Hitachi enables 2000 tons/year of sintered […]
Andrew Bowering – “We’re in a best of both worlds with this asset”
Prime mining is experiencing the best of both worlds with gold prices far in excess of processing costs and potential for substantially larger deposits than previously anticipated in the Los Reyes project in Mexico. All-in sustaining likely to be $900-$1000 per oz, or lower. After the global reset, we may see a greater focus […]
Renato Tichauer – “Latin America poses major challenges, but US infrastructure investment will help with manganese prices”
Vanadium demand depends on US infrastructure investment and the US is way behind on updating it’s infrastructure. The cost to bring manganese in Brazil from the mines to the port area is expensive and not reliable. Payment receipts are uncertain from Latin America including Columbia who is in total shutdown, including banks. Europe was […]
American Lithium Corp. benefits from location and shallow deposits
Ease of processing shallow, ingrained lithium provides scalability and cost advantage over other mines. Supply and demand location advantage: Tesla Gigafactory is 3-hours away, electricity is next door, acid rail heads a hundred miles away (natural gas), sulphuric acid (caustic soda) comes in from Wyoming. We will see an even bigger push towards a […]