Steppe Gold (TSX:STGO) announced a major drawdown of US$9.6 million from a US$150 million financing package in October to accelerate the construction and development of Phase 2 of its producing ATO gold mine in Mongolia. Steppe Gold Director and Executive VP Aneel Waraich considers it a big win and a significant endorsement for the company’s...
Construction: Physical construction of the Project is now 70% complete Significant advancement in mine pre-stripping, with first sulphide ore on track to be reached in early November All earthworks now completed, including the water storage reservoir, site drainage and run-of-mine stockpiles Over 15,000 cubic meters of concrete poured (over 65% complete), concluding all major foundation...
While it’s clear now that 2020 wasn’t the peak for copper supply, there are still signs that a tight supply scenario — and higher prices — is on the horizon. Unlike peak oil, which was reversed with the help of fracking, no such technological advancements are available for copper production, and there are no viable...
VANCOUVER, BC – TheNewswire – July 2 7 2023 Element 79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) (” Element 79 Gold “, the ” Company “) a mining company focused on gold and silver today confirms that it has reviewed and approved its comprehensive 2023 work plan for the Dale Gold Property, situated in the Porcupine...