Global mining deal value, suffering from an unanticipated shock from the COVID-19 pandemic, fell by over US$18bn when compared to the first half of 2019 to US$46.6bn in the first half of 2020.
Fortune Minerals Limited is pleased to report that restrictions on travel imposed by the Northwest Territories Government for the Covid-19 pandemic have been eased, allowing work to resume on the Company's 100% owned NICO Gold-Cobalt-Bismuth-Copper Project.
Fortune Minerals Limited is pleased to report that restrictions on travel imposed by the Northwest Territories Government for the Covid-19 pandemic have been eased, allowing work to resume on the Company’s 100% owned NICO Gold-Cobalt-Bismuth-Copper Project.
Sienna Resources Inc. reports that it has employed Norway’s Arctic Drilling AS as the driller on the scheduled multihole drill program on its flagship platinum-palladium and nickel Slättberg project located in Sweden.
Fortune Minerals Limited is providing an update of current work to advance the NICO Cobalt-Gold-Bismuth-Copper Project in Canada during the Coronavirus pandemic.
Copperstone Resources has reported that the VDD0203 and VDD0204 assay results have been received from ALS laboratories and compiled by Copperstone, which have been verified by the QP.
Monterey Minerals Inc. is pleased to report on the 2019 exploration program underway on the Company’s Cobalt Mountain Property in British Columbia, Canada.
UEX Corporation takes pleasure in announcing that the 2019 Phase II exploration program involving diamond drilling is in progress on the Christie Lake Project. The summer drilling program will involve up to 8,000 m of diamond drilling in about 12–15 holes using two drill rigs at an expenditure of $2.0 million.
Umicore has reported that it has decided to buy Freeport Cobalt’s cobalt refining and cathode precursor activities in Kokkola, Finland, for a total payment of $150 million on a debt and cash free basis, including the value of the working capital to be taken over at closing, which was nearly $40 million at the end of March.
Balmoral Resources Ltd. has reported that drilling has been initiated to expand its new high-grade nickel-copper-cobalt-PGE sulfide discoveries within the central part of the Grasset Ultramafic Complex located in Quebec.