News and Reports

First Quantum shares rise on reports of Barrick offer...

June 16, 2023 / www.mining-journal.com

Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesBarrick's approach, which comes as the miner pursues ways to expand in copper, was met with F...Read More

US goes on the critical minerals charm offensive

June 16, 2023 / www.mining-journal.com

The Minerals Security Partnership, a US-led international group, has reportedly shortlisted some 15 large-scale critical mineral projects to develop.Read More

Midland attracts Rio Tinto as a partner in James Bay...

June 15, 2023 / www.mining-journal.com

Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMidland, a project generator, has an existing nickel partnership with Rio and counts Barrick Gold, BHP, Wallbridge Mining Company, SOQUEM and P...Read More

Copper headed for US$4.50/lb, or higher RBC says

June 15, 2023 / www.mining-journal.com

The investment bank is forecasting copper prices of US$4.50/lb from 2025-2027, as production lags rising demand, and warns that this forecast "could be conservative if supply struggles to respond". Read More

Anglo American joins with Jiangxi to build accountable...

June 15, 2023 / www.mining-journal.com

Anglo American signed a memorandum of understanding on a visit to Jiangxi, one of the largest Chinese copper producers, to provide consumers with greater assurances on the ESG values of their copperRead More

PwC scandal dents ESG credibility

June 15, 2023 / www.mining-journal.com

Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesGo to the PwC website and you will be told of an ESG revolution.Read More

Another Month of Decline for India's Polished Exports

June 15, 2023 / www.idexonline.com

(IDEX Online) - India suffered yet another decline in gross exports of polished diamonds in May, but it was less severe than in recent months.Foreign sales amounted to $1.72bn, down 17.5 per cent on the previous month, according to new figures from GJEPC (Gem and Jewellery Export Promotion Council).In April the year-on-year dollar decline was 38.9 per cent, and in March it was 33 per cent. The dec...Read More

Visitor Numbers Increase at JCK 2023

June 15, 2023 / www.idexonline.com

(IDEX Online) - More than 18,000 visitors and 12,000 exhibitor and sponsors attended JCK Vegas earlier this month, say organizers. The visitor figures were up eight per cent on 2022, the first post-Covid show, which surpassed pre-pandemic levels. More than 1,900 companies exhibited at the The Venetian and The Venetian Expo for the four-day event which describes itself as "the most important jewel...Read More

Lake boosts Argentine brine resource

June 15, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe increase from 2.19Mt to 2.93Mt includes a lithium grade of the measured resource across the salar being 210 mg/L lithium, while the indica...Read More

What Exactly Happened Today?

June 15, 2023 / dailyreckoning.com

The stock market enjoyed itself a day at the races today.The Dow Jones Industrial Average experienced a 428-point jubilation. The S&P 500 posted a 53-point thrill.The Nasdaq Composite, meantime, leapt 156 points today.This, one day following the Federal Reserve's sledgehammered hints that two additional rate increases are in prospect this year.Affirms Yahoo Finance:"Stocks rallied on Thursday...Read More

The Coming Lithium Wars

June 15, 2023 / dailyreckoning.com

Happy Thursday from glorious Northern Italy!Last week, I was watching one of my favorite YouTube channels, CaspianReport. Its latest video is "India discovers $410 billion lithium deposit."Nice one.CaspianReport has a particular affinity for the BRICS countries and their allies, to be fair.Four of the following five listed videos are:China plans to dethrone the dollarPakistan is dying (and that is...Read More

Canadian wildfires continue to impact miners

June 15, 2023 / www.mining-journal.com

A week after more than a dozen mining companies in Québec announced the temporary shutdown of activity, wildfires are still burning across the province and country.Read More

Canadian wildfires continue to impact miners

June 15, 2023 / www.mining-journal.com

Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesA week after more than a dozen mining companies in Québec announced the temporary shutdown of activity, wildfires are still bu...Read More

Fresh drill hits boost Adriatic's Vares project

June 15, 2023 / www.mining-journal.com

The London-listed company has released the results of 17 further holes in the Rupice Northwest  (RNW) discovery, confirming that it is a separate, although overlapping ore body to the mainRead More

More Kimberlite Found at Gahcho Kue Mine

June 15, 2023 / www.idexonline.com

(IDEX Online) - Mountain Province Diamonds says it has discovered additional kimberlite at the Gahcho Kue mine, in Canada's Northwest Territories.The Toronto-based miner says a kimberlite exposure was identified during routine mining operations in 2021. Drilling programs the following year indicated a significant volume of previously unknown kimberlite could exist.Ten of 11 drillholes this ye...Read More

Japanese backing near-term lithium producer

June 14, 2023 / www.mining-journal.com

The $46.4 million investment is priced at 70.75c per share, a circa 8% premium to recent trading levels.Read More

Alrosa to Rebuild $1.5bn Mine at Mir

June 14, 2023 / www.idexonline.com

(IDEX Online) - Alrosa is to build a new $1.5bn mine at Mir, following the 2017 flooding disaster that claimed eight lives.Work will start later this year and the first industrial production is expected in 2030-31, according to the Russian news agency Interfax.Aisen Nikolaev, head of the Sakha (Yakutia) Republic, where Alrosa is headquartered, has appraised Russian President Vladimir Putin of the...Read More

"Diamond Thief Spiked Co-Workers' Tea"

June 14, 2023 / www.idexonline.com

(IDEX Online) - A diamond worker has been arrested in Surat, India, after he allegedly spiked his colleagues' tea with a sedative and fled with stones valued at $14,000.Police in the Katargam district of the city say the suspect made tea at 4am during a night shift for eight co-workers. Those who were unwilling to drink were forced to do so.He fled the workshop with 2,700 diamonds, with a tot...Read More

Challenger reports 4.5Moz resource in Ecuador

June 14, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipSRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metals The funding will mainly be spent completing a prefeasibility study at Challenger's 2.8Moz Hualilan gold project in Argentina.Read More

CEO: ACG Electric will consolidate the critical metals...

June 14, 2023 / www.mining-journal.com

Vanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingRead More

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