Cameco shares surge despite posting Q1 loss

Mining News Pro - Despite the near-term costs of its business strategy and the unplanned disruptions due to the covid-19 pandemic, Cameco ended the first quarter of 2021 with over a billion dollars in cash, and was successful in adding 9 million pounds U3O8 to its long-term contract portfolio.

Cameco shares surge despite posting Q1 loss

Mining News Pro - Despite the near-term costs of its business strategy and the unplanned disruptions due to the covid-19 pandemic, Cameco ended the first quarter of 2021 with over a billion dollars in cash, and was successful in adding 9 million pounds U3O8 to its long-term contract portfolio.

Rio Tinto optimistic amid stakeholder backlash

Mining News Pro - Rio Tinto has held its 2021 annual general meeting in a grim light following last year’s destruction of Juukan Gorge in Western Australia.

Drilling continues to bolster Kirkland Lake confidence in Detour Lake

Mining News Pro - Bullion miner Kirkland Lake Gold is continuing to have a great deal of success drilling at the Detour Lake mine, in Ontario, Canada, with the fifth batch of results from the recently announced 270 000 m exploration programme increasing its confidence in the asset.

Mining sector key to kickstarting hydrogen industry

Mining News Pro - Hydrogen is set to play a key role in achieving carbon-neutral mining, an industry that is being touted as a key enabler of the global hydrogen industry, Engie Impact consultant Jasper Schrijvers said during a virtual presentation at this year’s Energy & Mines Africa conference.

Rio Tinto’s ISAL smelter certified for responsible aluminium production

Mining News Pro - Rio Tinto announced that its 52-year-old ISAL smelter in Iceland received a responsible aluminium production certification from the Aluminium Stewardship Initiative (ASI).

Rio Tinto introduces global standard for tailings

Mining News Pro - Rio Tinto has revised how it will manage tailings facilities to comply with the Global Industry Standard for Tailings Management (GISTM).

Soaring iron-ore prices boosting Aus revenues

Mining News Pro - Record iron-ore prices are expected to boost Australia’s iron-ore export value to A$136-billion in 2020/21, up from a previous record of A$103-billion in 2019/20, federal Resources Minister Keith Pitt said on Wednesday.

Precious jewellery demand set for continuing recovery

Following a challenging year for luxury goods marketers in 2020, the latest consumer survey commissioned by worldwide marketing organisation Platinum Guild International (PGI) during the first quarter of 2021 has determined positive sentiment for the jewellery industry, with a strong indication of robust demand for precious jewellery in three of platinum’s major markets during the coming 12 months.

Rio Tinto expands drilling fleet with Epiro

Mining News Pro - Rio Tinto has ordered multiple drill rigs from Epiroc for use at its Pilbara iron ore mines in Western Australia.

Platina increases its stake in Canada's Major

Mining News Pro - Platina Resources has increased its stake in Canadian explorer Major Precious Metals after that company reported a significant increase to the mineral resource estimate of its Skaergaard project, in Greenland.

St George continues high-grade nickel streak

Mining News Pro - St George Mining has uncovered additional massive nickel-copper sulphide targets at the Mt Alexander project in Western Australia.

Projects aimed at mitigating concrete’s carbon footprint receive $7.5mln award

Mining News Pro - Two projects, one Canadian and one American, aimed at mitigating the carbon footprint of concrete were awarded $7.5 million each after being selected as the winners of the NRG COSIA Carbon XPRIZE, a five-year competition organized by nonprofit organization Xprize.

Platinum use in vehicle emissions control systems increasing as new regulations kick in

Mining News Pro - Automotive demand for platinum is expected to grow by 25% year-on-year to reach almost three-million ounces this year, the World Platinum Investment Council (WPIC) reports.

Rio Tinto signs WA gas agreement with Santos

Rio Tinto has secured a gas supply agreement with Santos, which will supply 15 petajoules of natural gas to the miner in Western Australia from late 2021.

Rio Tinto overcomes rocky start to 2021

Mining News Pro - Rio Tinto has experienced a tumultuous start to 2021, with cyclone warnings, Indigenous heritage site controversy and restricted labour availability impacting its operations.

Orica enables blasting near sensitive structures

Mining News Pro - Orica has bolstered its blasting technology offering with the release of advanced vibration management (AVM) software.

Red River continues Hillgrove ramp up

Mining News Pro - Red River has continued its gold production momentum at the Hillgrove and Thalanga operations in New South Wales and Queensland, respectively.

Skyrocketing metal prices threaten to hinder EV affordability

Mining News Pro - A surge in demand for electric vehicles is sending the price of raw materials soaring, threatening to slow the push toward making cheaper batteries that are key to more widespread adoption.

Rio Tinto commits to higher Citadel spend

Mining News Pro - Rio Tinto has increased its 2021 exploration budget for the Citadel copper-gold project, a joint venture with junior Antipa Minerals, in Western Australia’s Paterson Province.

AfriTin progressing by-product test work programme at Uis

Mining News Pro - AfriTin Mining is proceeding with a metallurgical test work programme to investigate the by-product potential of ancillary metals at its Uis tin mine, in Namibia.

Rio Tinto increases Paterson Province investment

Mining News Pro - Rio Tinto has increased its stake in the Citadel joint venture (JV) with Antipa Minerals in Western Australia, after solely funding more than $25 million in the gold-copper project.

Rio Tinto, Turquoise Hill strike funding deal for Oyu Tolgoi

Mining News Pro - Rio Tinto and its majority-owned Turquoise Hill Resources have reached a deal that ends a standoff between the companies over funding for an expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia.

Rio Tinto and Calibre initiate 2021 exploration programme in Nicaragua

Mining News Pro - Calibre Mining said on Thursday that it had launched the 2021 exploration programme at the Borosi project, held under an earn-in option agreement with Rio Tinto.

Rio Tinto to produce lithium from Boron mine

Mining News Pro - Rio Tinto has started recovering battery-grade lithium from 90-year-old waste piles at the Boron borate operation in California, the United States.

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