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Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise
Australia-based Tempus Resources has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora project in Ecuador. Sprott Asset Management and an Asia-based specialist...
SilverCrest to resume Las Chispas operations
SilverCrest Metals announced on Tuesday that it will resume exploration and development work at its Las Chispas gold-silver project in Sonora, Mexico, by mid-May following a temporary suspension due to national covid-19 containment protocols. The company has also...
Sonami sees copper supply glut of 200,000 tonnes in 2020
The copper market will see a supply glut of 200,000 tonnes this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters. Diego Hernandez, president of Sonami, an association of mining companies with operations...
Demand for battery metals to jump 500% by 2050
Production of battery metals such as graphite, lithium and cobalt will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, the World Bank reported Monday. According to the global lender, over 3 billion tonnes of minerals...