Brazilian president Jair Bolsonaro has reiterated the need to allow mining in the nation's Indigenous territories to strengthen food security, as he expects Russia's ongoing invasion of Ukraine to increase the price of potassium.The far-right leader said that it was important for the country to not depend on foreign nations for commodities available in abundance in Brazil."With the Russia/Ukraine...Read More
From heading towards a more "diversified and less concentrated" supply chain of critical metals to the need for skilled people in the global mining industry, World Bank mining specialist Martin Lokanc believes that the world needs to take a number of crucial steps to successfully transition away from fossil fuels and meet its net-zero goals. Speaking at The Northern Miner's first Global Mining...Read More
Buenaventura (NYSE: BVN), Peru's largest publicly traded precious metals miner, will begin construction on its delayed San Gabriel gold-silver project in the country's southern region of Moquegua in 2023.The company had planned to start site works at the US$328 million project in the second half of 2021 but had to postpone the move and focus on reducing debt first.The needed cash injection came...Read More
Russia's Alrosa (MCX: ALRS), the world's top diamond miner by output, suspended on Friday its membership in the Natural Diamond Council (NDC), a market alliance of the world's leading producers of precious stones.The move comes only a day after the company, which was placed in the U.S. sanctions list, decided to step down from its position as vice chair of the Responsible Jewellery Council (RJC),...Read More
I would love nothing more than to sit here and enumerate to you all of the ways in which the war in Ukraine will affect the economy and your portfolio going forward.But I can't.No one can.And anyone who says otherwise is a liar.Remember, I was one of the few people who actually saw all of this coming.And I don't just mean two weeks ago, when I backed up Luke Burgess' call on triple-digit oil price...Read More
TAAT #TAATGlobal #TAATGlobalAlternatives #SettiCoscarella #interview #wellness Taat, Taat Global, Taat Global Alternatives, ...Read More
Rover Metals Corp. declared the acquisition of the Tobin Gold Project located in the Mt. Tobin range, present in northern Nevada. The Tobin Project is situated 77 km by road south of the city of Winnemucca, NV, and it is in the heart of a rich gold jurisdiction that has evidenced large consolidation in the last two years.Read full newsRead More
Brunswick Exploration Inc. (Read full newsRead More
It's been a wild ride, eh? Hold onto your butts, we're just getting started.There's a lot of talk about what investors are comfortable with when it comes to market volatility and churn.Even that is buried under the daily "market move" headlines.One day they claim investors seem to be okay with the myriad of risks in the market. The next is a massive sell-off.Risk on, risk off, then risk on with a...Read More
Share this article IHS Markit's forecast sees oil sands production at 3.6 million barrels per day in 2030, nearly 650,000 barrels per day more than in 2021Canada's oil sands sector is poised for a major environmental improvement within the next five years. According to analysis by consultancy IHS Markit, total oil sands greenhouse gas emissions are on track to start going down.This follows more t...Read More
When I first saw this picture, I was thoroughly impressed...The president of Ukraine standing strong in defiance of a bloodthirsty enemy who has already called for his execution. But his thirst for freedom is so unrelenting that he refuses to flee or abandon the people who rely on him to protect their sovereign land. Now, I don't know much about President Volodymyr Zelenskyy, but here's what I do...Read More
The Russian invasion of Ukraine has the potential to establish a new commodity world order that tilts reliable supply toward North America, Bloomberg Intelligence says in a research note.Analyst Mike McGlone argues that should oil and gas prices continue to spike amid the increased geopolitical tension, it could very well be the catalyst for a global recession."The conflict is unique, but in 2008,...Read More
Kinross Gold (TSX: K; NYSE: KGC) has announced overnight that it will suspend all development work at its Udinsk gold project in Russia as international sanctions and legal restrictions intensify due to Russia's invasion of Ukraine.The company says it will also suspend operations at its Kupol mine, focusing on the safety and well-being of its more than 2,000 employees and recognizing its obligatio...Read More
Argonaut Gold (TSX: AR) has completed a bought deal private placement of 19.78 million flow-through common shares to raise total proceeds of $51.84 million.This amount includes the full exercise of an over-allotment option to purchase an additional 2.58 million shares (15% of the original amount, as announced in its press release on Feb. 14).The placement was conducted per the terms of an agree...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) closed its offering of 14.5 million flow-through common shares priced at $1.325 each for total gross proceeds of $19.2 million. The sole bookrunner for the offering was Canto Fitzgerald Canada, and PearTree Canada structured the flow-through donation placement.The company will use the proceeds for qualifying Canadian exploration expenditures on its Ontario prope...Read More
Deep-South Resources (TSXV: DSM) seems to have has scored a win in its battle to renew the company's prospecting licence for the Haib copper project in Namibia, after the country's mining and energy ministry missed a deadline to file the permit's refusal. Minister Tom Alweendo declined to renew Deep-South's licence in June last year, citing the Vancouver-based company's inability to advance to a...Read More
As George Harrison once sang: "All Things must pass"... and that includes incredible journalistic and editorial tenures. With that thought in mind, I announce to you all that Trish Saywell is retiring from our team on March 15. Before joining The Northern Miner, Trish worked in Asia for several publications, including The Hong Kong Standard, Asiaweek, and the Far Eastern Economic Review...Read More
Investigating the relationship between real bond yields and the gold price over the short and long-term and outlining why ...Read More
Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (Read full newsRead More
The conflict in Eastern Europe is likely to be protracted, and energy prices will respond by rallying even higher from current levels, said Pierre Lassonde, ...Read full newsRead More