Mining

According to the company's announcement Infinity has agreed to a period of exclusivity with Huntore Australia, a private company, to negotiate a binding sale agreement. The term sheet covers the exploration licences that make up the Cangai project together with associated project assets. The …

Under the agreement signed in September and completed in late October, Vizsla issued a substantial parcel of shares to Agnico Eagle at a deemed price, together with warrants exercisable over a fixed term. A furtherTrancheof deferred consideration shares will be put to Vizsla shareholders …

The latest holes were drilled as part of the current diamond drilling phase at Cosuño and were designed to step out to the northwest of earlier drilling at Jalsuri North. According to the company and regional mining press, the deeper-reaching hole returned a shallow …

The new camp was built by a contractor based in La Ronge and will act as the base for the planned winter campaign. Ramp Metals said the site sits considerably closer to its drilling areas than its previous base, reducing flight distances.

The process began in March at the Prospectors and Developers Association of Canada convention in Toronto, where the EIB and the Government of Canada signed a non-binding letter of intent. According to the bank, that document carried no financial commitments but opened discussions on …

The Yangshan premium is widely followed as a barometer of China's import demand. When it rises, it generally means importers inside China are willing to pay more to secure prompt metal, either because domestic stocks are thin or because local prices make imports attractive. …

Rio Tinto reported that seismic activity occurred along a rock fault zone at Oyu Tolgoi in the early evening, local time, on the day of the incident, causing ground vibration in the underground mine. In line with standard procedure, underground operations were paused as …