News and Reports

Metals Exploration improves guidance after record results...

July 21, 2023 / www.mining-journal.com

All-in sustaining costs guidance for the year was lowered to US$1120-$1200/oz from $1250-$1300/oz.Read More

Collective Metals acquires lithium Whitemud project...

July 21, 2023 / www.mining-journal.com

Whitemud comprises of 381 single cell mining claims covering 7,775ha.Read More

Ecuador and SolGold sign agreement on $5 billion Cascabel...

July 21, 2023 / www.mining-journal.com

SolGold's flagship copper-gold project will mainly produce copper, silver and gold and will need an expected $4.9 billion of investments.Read More

Boliden results disappointing following fire

July 21, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDThe company's operating result was significantly affected by the fire, which took place in June 2023 and lasted over two wee...Read More

5 Ammo StocksFeeding Uncle Sam's Uzi

July 21, 2023 / www.outsiderclub.com

In an interview with CNN earlier this week, President Joe Biden made a troubling (if obvious) admission...We're running low on ammo. "This is a war relating to munitions," he said referring to Ukraine. "And they're running out of that ammunition, and we're low on it."Specifically, there's a shortage of 155 mm artillery shells. To date, the U.S. has provided Ukraine with over 2 million 155 mm artil...Read More

Boliden results disappointing following fire

July 21, 2023 / www.mining-journal.com

The company's operating result was significantly affected by the fire, which took place in June 2023 and lasted over two weeks.Read More

The tipping point edges closer for copper and nickel...

July 21, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDDemand from solar and wind power, along with metals-heavy electric vehicles and their batteries, could soon tip both copper...Read More

Alcoa trims 2023 capex guidance by 10%

July 20, 2023 / www.mining-journal.com

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Catalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdNavigating the ESG Compliance LandscapeSPONSOREDThe company's April-June adjusted EBITDA came in at $137 million, which is down from $913 million a year earlier, and from $240 m...Read More

Largo improves vanadium production

July 20, 2023 / www.canadianinvestor.com

Share this articleTORONTO - Largo Inc. [LGO-TSX] said operational actions taken in the second quarter of 2023 have resulted in improved vanadium production rates at the company's Maracas Menchen Mine in Bahia State, Brazil.The company also said it achieved a key milestone in the second quarter by completing construction of its ilmenite concentration plant, followed by the start of commissioning....Read More

Gold won't help in a crisis

July 20, 2023 / www.mining-journal.com

Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpA new working paper from the US-based National Bureau of Economic Research (Gold's Value as an Investment, Working Paper 31386) a...Read More

Surat Diamond Bourse is World's Biggest Office Building

July 20, 2023 / www.idexonline.com

(IDEX Online) - The vast new Surat Diamond Bourse (SDB) - stretching across nine 15-story towers - has become the biggest office building in the world.It has over 7.1m square feet of floor space, compared with just over 6.6m at the Pentagon, HQ of the US Defense Department.The bourse, built at a cost of $388m, is due to be officially opened by India's Prime Minister, Narendra Modi, in De...Read More

Rio Tinto Production Drops at Diavik Mine

July 20, 2023 / www.idexonline.com

(IDEX Online) - Rio Tinto yesterday reported another drop in quarterly diamond production at its Diavik mine, in Canada, down 16 per cent on Q2 2022 to 970,000 carats.It said output was lower because of "the completion of an underground pipe and area of the open pit during the period."In February, Rio Tinto, the world's second-largest metals and mining corporation, announced plans to invest $...Read More

This Emotion Drives the World

July 20, 2023 / dailyreckoning.com

"The world is not driven by greed. It's driven by envy."Here you have the sage conclusion of Mr. Charles Munger, aged 99 and one-half years.Mr. Munger is of course the business partner of Warren Buffett and legendary vice chairman of Berkshire Hathaway.This ancient draws his conclusion from many, many decades of penetrating and microscopic observation.Penetrating and microscopic observation, that...Read More

BHP eyes up to 11% growth in copper production

July 20, 2023 / www.mining-journal.com

Production of 285 million tonnes from its Western Australian Iron Ore (WAIO) division was a new record, while in copper, records were set at Olympic Dam in South Australia (212,000t) and Spence inRead More

Anglo post strong second quarter production results

July 20, 2023 / www.mining-journal.com

Copper production guidance for 2023 remains at between 840,000-930,000t, with Chile contributing between 530-580,000t.Read More

Passports? I'll Take Two!

July 20, 2023 / dailyreckoning.com

With all the geopolitical messes around the world, there's no better time to start planning for a second passport than now.Whether it's for moving to a new country, giving your children other options, or just plain old financial planning, having a second passport opens up doors you may never have thought of.It's a big move for most people. But once you start the process, you'll wonder why you didn...Read More

Shanta Gold "smash it out the park" with Q2 results...

July 20, 2023 / www.mining-journal.com

The company produced 29,403oz gold out of its two gold mines in Tanzania, with Singida contributing 10,065oz, following its first gold pour in March 2023.Read More

Freeport reports 'impressive' copper results

July 20, 2023 / www.mining-journal.com

Sales totalled 1.029Blb of copper, 3% lower than the mining company expected and 5% below the same quarter in 2022.Read More

De Beers Production Drops as Venetia Mine Goes Underground

July 20, 2023 / www.idexonline.com

(IDEX Online) - De Beers today reported a five per cent drop in its Q2 production, but said its full-year forecast remained unchanged at 30m to 33m carats, subject to trading conditions.Output was down largely because of the planned transition of the Venetia mine in South Africa from open-pit to underground.South Africa's production was down 62 per cent compared with Q2 2022. Botswana, by far...Read More

Potential setback for Moti Group's $1bn Zimbabwe lithium...

July 20, 2023 / www.mining-journal.com

The unidentified Chinese battery manufacturer cut back its stake in Moti Group's project from 20 to 10%, reports Bloomberg, potentially setting back the lithium processing plant.Read More

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