- Write by:
-
Tuesday, April 12, 2022 - 12:53:03
-
653 Visit
-
Print
Mining News Pro - With the energy revolution ramping up at an unprecedented pace, the search is on to find and develop the next generation of critical metals deposits feeding into the approaching wall of demand.
One company making such progress is York Harbour Metals, which has completed more than 10,000 metres of diamond drilling at its namesake copper-zinc project in western Newfoundland. The work has underpinned a near-tripling in the value of its Toronto-quoted shares in 12 months.
Speaking with The Northern Miner in an interview, president and CEO Andrew Lee said the company had just completed 64 drill holes, with three additional holes in progress.
“We had a checklist on the type of projects we were looking for, and at the top of our list were copper and battery metals. As luck would have it, this project rolled our way,” said Lee.
“York Harbour is not a greenfields play and has good infrastructure with access to power, water, a deep seaport – it had everything we were looking for,” said Lee.
Short Link:
https://www.miningnews.ir/En/News/621039
BHP Group can’t cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, ...
Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off ...
Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand ...
Glencore expects profit at its trading division this year to be at the top end of its long-term annual guidance, in an ...
Ucore Rate Metals (TSXV: UCU) has deemed a 26-tonne sample of mixed rare earth carbonate (MREC) from the Wicheeda mine ...
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — ...
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the ...
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 ...
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its ...
No comments have been posted yet ...