Kennicott

Rio Tinto releases third quarter production results

Retrieved on: 
Monday, October 16, 2023
Natural Resources, Manufacturing, Mining, Minerals, Steel, Engineering, Wildfire, Investment, Renewable energy, IOC, WCS, Republic, Pan-American, Safety, Kennicott, General Electric, Escondida, Maintenance, Simandou, GE, Oyu Tolgoi mine, Rio Tinto, Copper, Lithium, Iron ore, Cryptocurrency, Weipa, Titanium

The refinery and smelter were safely restarted during the period, with production expected to ramp up during the fourth quarter.

Key Points: 
  • The refinery and smelter were safely restarted during the period, with production expected to ramp up during the fourth quarter.
  • Titanium dioxide slag production of 247 thousand tonnes was 20% lower than the third quarter of 2022.
  • Jérôme, who was until recently President and CEO of General Electric (GE) Renewable Energy, will join Rio Tinto on 23 October 2023.
  • All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated.

Fortune Minerals and Rio Tinto Collaborate to Expand North American Critical Minerals Production

Retrieved on: 
Friday, September 29, 2023
Mining, Minerals, Natural Resources, Bismuth, Bingham Canyon Mine, Partnership, Mineral, National Strategic and Critical Minerals Production Act, Tellurium, Drinking water, Metal, Electronics, Silver, Temperature, Molybdenum, Cobalt, Gold, NICO, Alloy, Glass, Rio Tinto, Kennicott

Fortune Minerals Limited (“Fortune”) ( www.fortuneminerals.com ) and Rio Tinto are collaborating to develop technology that will improve recovery of the critical minerals cobalt and bismuth.

Key Points: 
  • Fortune Minerals Limited (“Fortune”) ( www.fortuneminerals.com ) and Rio Tinto are collaborating to develop technology that will improve recovery of the critical minerals cobalt and bismuth.
  • In 2020, the Canadian and U.S. governments signed a Joint Action Plan on Critical Mineral Collaboration to enable more North American production of the Critical Minerals needed in new technologies.
  • Fortune and Rio Tinto are pleased to establish this partnership and work together to expand North American supply chains.
  • Fortune and Rio Tinto are working together to assess different process methods and technology options to recover the bismuth and cobalt contained in Kennecott’s smelter waste streams.

North Peak Advances Prospect Mountain Acquisition Formalities; Issues 5 Million Shares to the Erickson Group and Ty Erickson Joins Board of Directors; Work Programs Continue to Define Drilling Targets

Retrieved on: 
Friday, August 25, 2023
Exercise, Female, Erickson, Parent, Urogynecology, Janice, Woman, Medicine, UNLV, Acquisition, MD, Mining, NPR, Faculty, Transfer, Journal of Obstetric, Gynecologic, & Neonatal Nursing, Kennicott, Uranium mining, North Peak, Prospect Mountain

The mining claims and rights and related permits that constitute the Property are in the process of being transferred into North Peak Gold LLC (the "Transfers").

Key Points: 
  • The mining claims and rights and related permits that constitute the Property are in the process of being transferred into North Peak Gold LLC (the "Transfers").
  • The Company has the right to acquire the remaining 20% interest by issuing an additional 3 million common shares to Solarljos, as described below.
  • "Ty's presence on the Board will ensure the contribution of decades long family ownership of the Prospect Mountain property to North Peak's shareholders."
  • The Company's Nevada subsidiary, North Peak Nevada Ltd, is acting as manager for North Peak Gold LLC and operator of the Property.

John G. Mansanti Appointed to Board of American Rare Earths

Retrieved on: 
Monday, August 21, 2023
Gold Fields, Mineral, BS, Society, Senior, Bald Mountain, SME, Penn State College of Earth and Mineral Sciences, ASX, Metallurgy, Freeport-McMoRan, MS, Sarly Adre Sarkum, United States Department of the Interior, Intrepid Potash, ARR, Mining, Engineering, Interior, Montana Technological University, Kennicott, Rare-earth element, Management, Newmont, Chemistry

DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company.

Key Points: 
  • DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company.
  • “We are very excited to have John join our board as he has significant operating and management experience,” says Creagh O’Connor, Chairman, American Rare Earths.
  • I look forward to working with fellow board members and the management team in the development of viable American based rare earth projects,” says John Mansanti.
  • This announcement has been authorized for release by the Board of American Rare Earths.

McEwen Mining: Q2 2023 Results

Retrieved on: 
Thursday, August 10, 2023
Feasibility study, Technical report, Fugitive emission, Electricity, Environmental issues, Dodge, GAAP, AISC, Retirement, Investment, Environment, News, NYSE, Mining, IRR, Maintenance, Fenix Project, Name, MSC, Copper, Alfa Romeo, SEDAR, TSX, Chrysler, Credit, Jeep, Pick, Safety, Loss, SAN, Carbon, MacEwen, Gold bar, PEA, Gold, Water, Nameplate, Webcast, LOM, Economics, GEOS, Silver, Fiat, MUX, CO2, Kennicott, Uranium mining, Printed circuit board, Risk management, Cryptocurrency, Q3, Nuton, H2, Q2, Maserati, Los Azules mine, Stellantis, H1, Angelo Coast Range Reserve

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2023.

Key Points: 
  • TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2023.
  • McEwen Copper: PEA for the Los Azules copper project issued in June 2023 with NPV8% of $2.7 Billion and payback period of 3.2 years, assuming a copper price of $3.75/lb.
  • Mr. McEwen continued, “At McEwen Mining, quarterly production from our mines delivered a marked improvement in terms of ounces produced over Q1.
  • Management will discuss our Q2 financial results and project developments and follow with a question-and-answer session.

Rio Tinto releases second quarter production results

Retrieved on: 
Tuesday, July 18, 2023
Natural Resources, Manufacturing, Other Natural Resources, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Workforce, NRS, Maintenance, Mount Elliott Mining Complex, Diavik, Gove, LCS, Person, Wildfire, Mineral Resources Limited, AP60, ASX, Oyu Tolgoi mine, JV, Competent person, Resource, Lac-Saint-Jean, IOC, Rio Tinto (corporation), Safety management system, Dampier, Copper, Health, Safety, Rio Tinto, Kennicott, Injury, Renewable energy, Aluminium, Uranium mining, Lithium, Cryptocurrency, Iron ore, Kitimat, Boyne, Titanium

Pilbara operations produced 81.3 million tonnes (100% basis) in the second quarter, 3% higher than the second quarter of 2022 as Gudai-Darri achieved sustained nameplate capacity during the period.

Key Points: 
  • Pilbara operations produced 81.3 million tonnes (100% basis) in the second quarter, 3% higher than the second quarter of 2022 as Gudai-Darri achieved sustained nameplate capacity during the period.
  • Aluminium production of 0.8 million tonnes was 11% higher than the second quarter of 2022 as we benefited from the continued ramp-up of the Kitimat smelter.
  • Mined copper production of 145 thousand tonnes (on a consolidated basis), was 1% lower than the second quarter of 2022.
  • In the second quarter, we commenced deployment of the Safe Production System at a further two sites, taking the total to 20 sites.

McEwen Mining: Q1 2023 Results

Retrieved on: 
Monday, May 8, 2023
GEOS, Feasibility study, Maintenance, Loss, Vein, ARS, SAN, Fox, Gray fox, Kennicott, GAAP, Southwestern United States, Snow, Sale, MUX, MacEwen, Gold bar, PEA, Holiday, MSC, Gold, Copper, Mining, Webcast, FCA, TSX, Rest, Pick, NYSE, Rio Tinto, Rare-earth element, Cryptocurrency, Bank, Uranium mining, Nuton, Leslie Benmark, Los Azules mine, Stellantis, Angelo Coast Range Reserve

TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2023.

Key Points: 
  • TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2023.
  • Adjusted net loss(1) was $6.4 million, or $0.14 per share in Q1, compared to an adjusted net loss of $13.1 million, or $0.28 per share in Q1 2022.
  • Production from our three operating mines was 30,400 gold equivalent ounces (GEOs) (3) in Q1, compared to 25,200 GEOs in Q1 2022.
  • Management will discuss our Q1 financial results and project developments and follow with a question and answer session.

Rio Tinto releases first quarter production results

Retrieved on: 
Wednesday, April 19, 2023
Mining, Minerals, Natural Resources, Workforce, Maintenance, Richards Bay Minerals, Simandou, Gove, Sustainability Accounting Standards Board, COVID-19, Commonwealth of Australia (US securities entity), Oyu Tolgoi mine, IOC, First Quantum Minerals, PDI, Weather, Copper, SPS, Health, Safety, Gender, Kennicott, Coal, Uranium mining, Lithium, Video game, Cryptocurrency, Kitimat, Boyne

Pilbara operations produced 79.3 million tonnes (100% basis) in the first quarter, 11% higher than the first quarter of 2022.

Key Points: 
  • Pilbara operations produced 79.3 million tonnes (100% basis) in the first quarter, 11% higher than the first quarter of 2022.
  • Aluminium production of 0.8 million tonnes was 7% higher than the first quarter of 2022 as we benefited from the continued ramp-up of the Kitimat smelter.
  • Mined copper production of 145 thousand tonnes on a consolidated basis, was in line with the first quarter of 2022.
  • All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated.

Rover Metals Receives Exploration Drill Permit for Nevada Lithium Project

Retrieved on: 
Wednesday, April 19, 2023
Lithium, EMX, Twin Creeks gold mine, Bureau of Land Management, Bureau, Davis, RC, QP, Lithium carbonate, ALS, News, Mining, BS, University, ISO, ISO/IEC, Amargosa Valley, MS, Gold Fields, BHP, Greenwater Range, Amargosa, Mortal Kombat Gold, LGL, Gold, Frank Wells, TLC, NI, HH, General Motors, Laboratory, Western Mining, Funeral Mountains, BLM, Thacker Pass Lithium Mine, Zimmerman, Kennicott, Security (finance), Great Basin, Newmont, Geology

In H2-2022, the Company, through the vendor of the LGL project, and through ALS Laboratories, verified high-grade lithium surface samples at the project.

Key Points: 
  • In H2-2022, the Company, through the vendor of the LGL project, and through ALS Laboratories, verified high-grade lithium surface samples at the project.
  • Later-stage company comparable claystone lithium projects in southwest Nevada include Century Lithium Corp.’s Clayton Valley project; American Lithium’s TLC project; Spearmint Resources’ McGee project; Noram Lithium’s Zeus project, and Nevada Lithium’s Bonnie Claire project.
  • Judson Culter, CEO at Rover Metals, states, “It’s been a great start to the year for Nevada claystone lithium projects.
  • Management at Rover Metals believes that the LGL project is a well-timed, low cost exploration development project in the right area code.

Riley Gold Appoints New Independent Directors

Retrieved on: 
Monday, April 10, 2023
Diamond, Business development, Executive, Society, University, Goldcorp, Senior, Doctor of Philosophy, Glamis Gold, Coeur Mining, Silver, Whistler, Geology, Larix laricina, Exploration, Consultant, Society of Economic Geologists, Gold, Rio Tinto (corporation), Copper, CFO, Gemfields, Diavik Diamond Mine, University of the Witwatersrand School of Chemical and Metallurgical Engineering, Noranda, Bemidji State University, American Institute, Rio Tinto, Kennicott, Mining, Management, Midway

VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce that Dr. Thomas (“Tom”) Patton and Mr. John Schaff have been appointed to the Board of Directors (“BOD”) of the Company.

Key Points: 
  • VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce that Dr. Thomas (“Tom”) Patton and Mr. John Schaff have been appointed to the Board of Directors (“BOD”) of the Company.
  • Tom is currently a Director and Co-Chairman of Lion Copper & Gold (formerly Quaterra Resources, Inc.).
  • “We are excited to welcome Tom and John to the Riley Gold team and look forward to their contribution to the success of the Company.
  • Both are well respected experienced professionals in the mining sector including Nevada, where Riley Gold has its Pipeline West Clipper and Tokop gold projects,” commented Todd Hilditch, President and Director.