Idaho Copper has deployed Veracio’s TruScan core scanning unit at its CuMo copper-molybdenum-silver in Boise, Idaho, which will digitally scan and measure the metal grades of 60,000 feet of drill cores pulled over 20 years. The data collected will aid Idaho Copper in confirming previous laboratory analyses of the metal distribution within the core and compare the detailed scan results…
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Reverse circulation drilling begins at Lapon Canyon
Nevada Canyon Gold said the 2024 drill program has begun at the Lapon Canyon project in Mineral County, Nev. It will consist of exploration drilling near the historical Lapon Canyon Mine, the “Central Zone,” and the newly discovered “Hot Spot Zone.” The natural resource company recently acquired a 3% net smelter royalty on the project, which is owned by Walker…
Read MoreNevada Copper files for Chapter 11
Pumpkin Hollow mine owner Nevada Copper has confirmed its filing of a voluntary petition for Chapter 11 bankruptcy protection. The miner filed in the Bankruptcy Court of the District of Nevada. The company had already hinted at its plan in recent filings, noting it was in discussions with its key stakeholders and other parties to obtain funding and/or enter into…
Read MoreArizona Lithium opens research center
Arizona Lithium officially opened the Lithium Research Centre in Tempe, Ariz., on May 31 with a ribbon-cutting ceremony attended by federal and state government officials as well as economic development officers. The facility, which is backed by the Arizona Commerce Authority, is focused on technological advancements in lithium processing. It will also function as a test facility focused on the…
Read MoreMinova breaks ground on Utah facility
Minova recently held a ceremony to mark the start of work on a new manufacturing facility in Tooele County, Utah. The event for the ground support group was attended by Minova CEO Ryan Kerr and other company leadership as well as local dignitaries. “This forward-thinking investment will put us right by our customers’ side and deliver solutions that will meet…
Read MoreRio Tinto to keep Resolution’s copper in U.S.
A Rio Tinto senior executive said that the miner aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, reported Reuters. “Certainly if Resolution comes on stream, all of that copper we would like it to be sold in the U.S.,” said Bold Baatar, head of…
Read MoreCopper assets get boost from potential BHP-Anglo deal: Hudbay exec
The head of Toronto-based Hudbay Minerals said BHP’s recent bid for Anglo American has “increased the valuation of copper assets,” reported Reuters. “[It also] highlights that major mining companies believe the price for copper will be significantly higher than current levels and they are willing to pay a premium to acquire existing copper production today,” said Hudbay CEO Peter Kukielski,…
Read MoreIdaho Copper to update project PEA
Idaho Copper has recently hired three mining consulting and engineering firms to commence comprehensive core scanning and ore sorting programs designed to result in an updated preliminary economic assessment (PEA) for its copper-molybdenum-silver deposit in Idaho. “We are pleased to continue technical work for the CuMo project, and our goal is to have updated results to share with the public…
Read MoreSouth32 selects Arizona site for ROC
South32, owner of the Hermosa manganese-zinc mine, has selected Nogales, Ariz., as home to its remote operations center following a two-year analysis of options. Company officials said it made the choice after careful consideration of Hermosa’s county-wide planning and employment goals to retain the economic benefits of the project in the Santa Cruz County area. The selected location is 70…
Read MoreIoneer Nevada project moves toward reality
Emerging lithium-boron producer Ioneer said it is one step closer toward construction at its Rhyolite Ridge project in Nevada, following the Bureau of Land Management’s issuance of the project’s draft Environmental Impact Statement. The draft EIS is the first to be issued from the Biden administration as part of its efforts to accelerate domestic lithium production. “This news sets a…
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