Commodity 2
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March 27, 2025
Commodity
Luxembourg, Luxembourg--(Newsfile Corp. - March 27, 2025) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources" or "Nexa" or the "Company") announces its 2024 Year-End Mineral Reserves and Mineral Resources ("MRMR") update for its operations and proje
TORONTO , March 27, 2025 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO ) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the year ended December 31 , 2024. For m
March 27, 2025 (Source: Tianqi Lithium) Tianqi Lithium reported a net loss of 7.905 billion yuan in 2024, marking its "most loss-making year" since listing, and revised down its capacity plan. The company shifted from a profit to a loss YoY, comp
VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports that the Company has filed today its fiscal 2024 annual report on Form 40-F with the U.S. Securities and Exchange Commission (“SEC”)
March 27, 2025 (Australian Mining) - Core Lithium is progressing the restart study for its Finniss operation in the Northern Territory, with the study on track for completion by the June 2025 quarter. In late 2023, Core suspended early works at the BP33 project, an underground mine located at Finniss, citing difficulties with mining and construction during the wet season and a renewed focus on reducing expenditure. Core has also ended its remaining operating contracts at Finniss in relation to the mine’s operational period
March 26, 2025
March 26, 2025 (Source: Paladin Energy Ltd) Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) advises that operations have resumed at the Langer Heinrich Mine (LHM) following the temporary suspension due to a significant weather event1 . Unseasonal heavy rainfall has occurred in Namibia, with the LHM experiencing a one-in-fifty-year rainfall event. This impacted the Company’s plans to accelerate the commencement of mining and resulted in short-term disruptions to operations. These included the transport of people to site, restricted feed to the crushers due to the saturation of stockpiled ore, and excess surface water restricting safe access to the processing plant. The Company was advancing the early commencement of mining to access higher grade ore. Th
March 19, 2025
VANCOUVER, British Columbia, March 19, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to provide an update on mine restart activities at the Madsen Mine, where the mill is now processing low-grade material ahead of introducing Stope 1 of the bulk sample next week. In addition, the camp is now housing workers, the pace of underground development continues to rise, and the Connection Drift is within 84 metres (94%) of completion. There is active development and mining in multiple areas of the mine. “Turning on the Madsen Mill to process the bulk sample was a very exciting moment for the entire West Red Lake Gold team, who have been working tirelessly in recent months as we push towards production,” sai
March 13, 2025
GRAND BAIE, MAURITIUS, March 13, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the “Company”) announced today that its board of directors has made the difficult decision to temporarily cease mining operations at the Company’s Bisie tin mine in Walikale District, North Kivu Province of east-central Democratic Republic of the Congo (DRC). This decision was made after insurgent militant groups have recently advanced westward in the direction of the mine’s location in the DRC occupying the towns of Nyabiondo on 9 March 2025, the capital of the Osso-Banyungu sector located ~110km northwest of Goma followed by Kashebere a further 13km west of Nyabiondo on 12 March 2025. The safety of the Company’s employees and contractors remains its top priority and cannot be assu
March 6, 2025
March 6, 2025 (Source: Energy News) The company's annual report stated that Chinese state-controlled mining firm MMG Ltd put its Kinsevere Cobalt Project in the Democratic Republic of Congo under care and maintenance due to the unfavourable market conditions for cobalt in December. MMG approved a 2022 extension of the mine's life and added cobalt production to its current copper production. MMG reported that the extension project was finished in September of last year but that the cobalt facility was shut down in December. It said that "a flexible cobalt strategy will be implemented moving forward, adapting cobalt prices to market conditions and cobalt content varying across different mineral sectors," By late 2024 the price of cobalt had fallen by over two-thirds compared to its pea
February 27, 2025
Halifax, Nova Scotia--(Newsfile Corp. - February 27, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce an update on our recent activities and progress on advancing the Scotia Mine to production. " We are pleased to provide an update to our investors on the continued progress made on the advancement of the Scotia Mine towards commercial production" said, Mr. Mark Haywood, President & CEO. Dense Media Separation Study As previously announced on May 16, 2024, and January 6, 2025, a DMS study was commissioned to determine the viability of utilizing DMS equipment at the Scotia Mine (the "DMS Study"). EDM engaged SGS Laboratories ("SGS") to conduct the DMS Study and to utilize their DMS pilot plant located in Lakefield, Ontario to complet
February 26, 2025
February 26, 2025 (Source: Reuters) SANTIAGO, Feb 26 (Reuters) - Chile's power grid and major copper mines slowly came back online on Wednesday morning after a major outage hit the world's top producer of the red metal, with power firms working to restore the system to full operation, authorities said. The power outage, caused by a transmission line failure in northern Chile, struck mid-afternoon on Tuesday , plunging most of the South American country into darkness and knocking out electricity to major mines, buffeting global metal markets. In an early morning report on Wednesday, Chile's National Electricity Coordinator (CEN) said that more than 90% of residential consumption had been restored, though there were reports of intermittent power in some cities. "Both the incident and
February 25, 2025
February 25, 2025 (Source: Reuters) SANTIAGO, Feb 25 (Reuters) - A massive power outage across Chile plunged the country's capital Santiago into darkness on Tuesday and knocked out electricity to major copper mines in the country's north, buffeting global metal markets. Hours after the outage began and as darkness fell, Chile's government announced a state of emergency and established a curfew from 10 p.m. to 6 a.m. (0100 to 0900 GMT) from the northern region of Arica to the southern region of Los Lagos. Escondida, the world's largest copper mine, was without electricity, a source close to the matter told Reuters, while state-owned copper miner Codelco said all its mines had been affected. The Chuquicamata, Andina, Salvador and El Teniente mines were without power and its o
February 24, 2025
February 24, 2025 (Source: Anglo American Platinum) Heavy rains affect the safe operation of Tumela mine at the Amandelbult Complex and surrounding areas Heavy rains in the northern part of South Africa over the past week have caused widespread flooding in the region, including at Anglo American Platinum's Amandelbult Complex. The significant rainfall and the overflow of the nearby river systems, compounded by the collapse of the Bierspruit dam near Swartklip on Thursday 20 February caused water ingress at Tumela mine, which overwhelmed pumping capacity, flooding certain of the underground workings and the main pump station. While surface flooding in and around the Amandelbult Complex temporarily affected access to the operation, the main Dishaba mine, the concentrator and oth
February 13, 2025
VANCOUVER, British Columbia, Feb. 13, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to provide an update on restart readiness activities, including the in-progress bulk sample, at its 100% owned Madsen Mine project in the Red Lake Gold District of Northwestern Ontario, Canada. “With test mining underway, bulk sample stockpiles building on surface, and the mill set to initiate campaign processing in the coming weeks, we have achieved many key operational milestones at the mine site,” said Shane Williams, President and CEO. “The connection drift development and test mining efforts have been very successful to date, which is a testament to our mine crews’ ability to operate safely and efficiently. I’m p