Share this article TORONTO - Infinity Stone Ventures Corp. [GEMS-CSE; GEMSF-OTC; B21-FSE] has completed its fall drill program on the 100%-owned Rockstone graphite project located near Thunder Bay, northwestern Ontario.The company completed drilling of four holes, RS-22-01, RS-22-02, RS-22-03 and RS-22-04, totalling 800 metres. The initial goal of the fall drill program was to confirm the initial...Read More
Of all the nightmarish tales German parents tell their children at night, the curse of the Dunkelflaute may be the most frightening.Never heard of it? You're not alone. Truth is, I'd bet most people outside of a meteorology department have never even heard of the term before. And the Dunkelflaute is far scarier than my grandmother's fantastical myths about Baba Jaga creeping outside my wind...Read More
The federal government on Friday unveiled the details of its Critical Minerals Strategy, a plan first introduced in its April budget that earmarks almost $3.8 billion over eight years to further develop Canada's place in the global critical minerals industry.A significant portion of the total funding - $1.5 billion - is allocated over seven years for constructing infrastructure for critical minera...Read More
Australia-based Latin Resources (ASX: LRS) has reported an initial resource estimate for its Colina hard rock lithium deposit in Brazil after just 10 months of drilling. The deposit, part of its Salinas project in Minas Gerais state, holds 2.1 million tonnes of indicated resource grading 1.21% lithium oxide for 25,100 tonnes of Li2O (or 60,000 tonnes lithium carbonate equivalent), plus 11.2 mil...Read More
Endeavour Silver (TSX: EDR, NYSE: EXK) filed a technical report for its recently acquired Pitarrilla silver-lead-zinc project in Durango state, Mexico that outlines indicated and inferred resources as of Oct. 6.Total indicated resources (open pit and underground) at Pitarrilla are estimated at 158.6 million tonnes grading 96.4 grams silver per tonne, 0.31% lead and 0.74% zinc. Contained metal come...Read More
Young Mining Professionals (YMP), in partnership with The Northern Miner, has opened nominations for the 2023 Young Mining Professional of the Year Awards, the organization said in a release on Thursday. The awards are named after two iconic entrepreneurs in the mining industry, Peter Munk and Eira Thomas.YMP is soliciting nominations from the public to identify the top leaders in the mining and m...Read More
Pakistan's Supreme Court endorsed on Friday a settlement between the country's government and Barrick Gold (TSX: ABX; NYSE: GOLD), which allows the Canadian miner to resume work at its Reko Diq copper and gold project.The favourable court decision is vital to securing parliamentary support for the US$7-billion project, which is the final approval Barrick would need to kick off construction at Rek...Read More
Despite an "unusually high level of uncertainty" surrounding consensus expectations for 2023, on balance, a "mixed set of influences implies a stable but positive performance for gold," the World Gold Council states in its Gold Outlook 2023: The global economy at a crossroads. In an environment where there are headwinds and tailwinds for gold based on an outlook of weaker global growth and a shor...Read More
The European Union (EU) and Chile inked on Friday a fresh partnership deal that will give the bloc greater easier access to lithium, copper and other raw materials that are key to the transition to renewable energy sources.Chile, the world's top copper producer and the second largest lithium miner, will drop tariffs on all imports from the EU, except sugar, and make it easier for European compani...Read More
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Last Friday, Northrop Grumman (NYSE: NOC) unveiled what it's calling the world's first sixth-generation bomber - the B-21 Raider. It's a sleek and stylish plane whose ghostly visage and convex shape make it almost look like a UFO.Almost every aspect of the B-21 remains classified, but Northrop Grumman and Air Force officials have made a few key points about it beyond improved stealth capability a...Read More
The Canadian government has released legislation to modernise the Investment Canada Act (ICA) in a move that will increase its power to limit foreign ownership of the country's critical mineralsRead More
When I was born, the U.S. was in the throes of the Vietnam war.That was more than 50 years ago.And while I don't remember it, because I was just an infant, and only four when the war ended, I do remember growing up with movies that portrayed that war. From what I understand, most were not very good representations of what actually happened there, and in some instances, they portrayed an image o...Read More
A couple years ago, while visiting my brother and his family in Texas, I saw something that really messed with my head.You see, the first morning I was there, I walked my nieces to their bus stop and waited patiently for the bus to come pick them up. We got to the bus stop about 10 minutes before the bus was supposed to arrive at 7:20 a.m., but it never showed.First it was 7:20, then 7:25, then 7:...Read More
Prospect generator Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) has signed a joint venture agreement with KGHM International for its early stage Kukamas copper-gold property in the Eeyou Istchee James Bay region of Quebec. Under the deal, KGHM International, a subsidiary of Polish firm KGHM Polska Mied?? S.A, can earn a 50% interest in the property by spending $5 million over four years. KGH...Read More
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) announced on Thursday that it has entered a strategic arrangement with JCHX Mining Management to jointly develop the company's flagship Alacran copper-gold-silver project in Colombia. JCHX is a leading mining construction companies in China, and currently a shareholder of Cordoba.As part of the arrangement, JCHX will purchase a 50% ownership interest in...Read More
Ascot Resources (TSX: AOT; US-OTC: AOTVF) has released the third batch of assay results from surface drilling at the Big Missouri deposit in B.C., which continues to impress with more bonanza-grade gold and additional occurrences of coarse, visible gold.The latest results are from surface drilling for in-fill and exploration purposes at the Big Missouri deposit, part of Ascot's 2022 exploration pr...Read More
Osisko Mining has signed a binding term sheet with Miyuukaa Corp., a wholly owned business of the Cree First Nation of Waswanipi, to build the proposed hydro-electric powerline for the Windfall gold project. According to a feasibility study released in late November, Windfall is projected to produce 306,000 oz. of gold annually over a 10-year mine life.The project is located in the Abitibi green...Read More
Miner and commodities giant Glencore (LSE: GLEN) has shelved plans for a giant A$2 billion (US$1.3 billion) coal mine in Australia's Queensland state, which would have become one of the country's largest.The Swiss company said the decision to abandon the Valeria project was based on global uncertainties and an increase in state royalties, which have damaged investor confidence. The move also fit...Read More
You don't need a magic eight ball to know that 2023 is probably going to be a tough year.As 2022 comes to a close, it seems we are collectively coming to the realization that the multiple, compounding crises that have bloomed this year (even if they were years in the making) won't magically disappear as we turn the page on 2022. Inflation is probably not as "transitory" as the U.S. Federal Reserve...Read More