News and Reports

Anglo Asian's revenue dips, growth plans stay on track...

May 17, 2023 / www.mining-journal.com

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel"We met production guidance whilst making significant progress with our new mines in accordance with our Read More

Aluminium, nickel seen in surplus as zinc to tighten...

May 17, 2023 / www.mining-journal.com

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAfter running a supply deficit for the past two years, the global aluminium market will flip to a marginal supply surplus this year and into 20...Read More

Vast Finalizes Recovery of Diamond Parcel from Zimbabwe Bank

May 17, 2023 / www.idexonline.com

(IDEX) - UK miner Vast Resources says it is finalizing the recovery of a parcel of 129,400-carats of rough diamonds in Zimbabwe after a 12-year dispute. The company successfully sued the country's Mines and Mining Development ministry early this year and now plans to sell the diamonds through a tender. It surrendered gems from the Marange diamond fields amid claims it had exploited...Read More

De Beers Reports 20% Drop in Sales

May 17, 2023 / www.idexonline.com

(IDEX Online) - De Beers Group today announced a 20 per cent drop in rough sales for cycle 4, as global uncertainty persists and China's post-lockdown recovery falters.Provisional revenue from sightholder sales and auctions was $480m, down from $604m for the same period in 2022. Sales for cycle 3 were $542m, up from $497m in cycle 2.De Beers has postponed its main and interim auctions - which...Read More

Lithium price bounce might force Rio Tinto's hand

May 17, 2023 / www.mining-journal.com

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTwo investment bank reports published earlier today highlight the strength of the lithium price rebound and the need for Rio Tinto to possibly...Read More

"We didn't get it right at Jadar": Rio Tinto

May 17, 2023 / www.mining-journal.com

Rio Tinto suffered a major setback at the Jadar lithium project in Serbia in 2022, when the government revoked its licences after widespread protests.Read More

Lumina gets US$300M Wheaton gold stream

May 17, 2023 / www.mining-journal.com

Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDThe stream initially represents 6.6% of the payable gold produced until 700,000oz have been delivered, which will reduce to 4.4% of payable pro...Read More

Value growth focus as Teck considers future

May 17, 2023 / www.mining-journal.com

Stressing the company's unmatched copper production growth pipeline, Price said Tecks' value could amount to US$100/share, well above its current $58/share.Read More

GoGold issues Los Ricos North PEA

May 17, 2023 / www.mining-journal.com

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTotal production would be 68Moz of silver, 221,700oz of gold, 22.8Mlb of copper, 144.1Mlb of lead and 242.2Mlb zinc, or 110.Read More

Bricks to Bullion: Investors Ditch Real Estate for Gold

May 17, 2023 / www.outsiderclub.com

Real estate has traditionally been regarded as a safe and lucrative investment. However, according to a new Gallup poll, economic uncertainties, sky-high property prices, maintenance costs, and lingering fallout from COVID have put a dent in its shiny reputation. The new poll shows that 35% of Americans name real estate as the best long-term investment when given options including bonds, savings...Read More

Aluminium, nickel seen in surplus as zinc to tighten

May 17, 2023 / www.mining-journal.com

After running a supply deficit for the past two years, the global aluminium market will flip to a marginal supply surplus this year and into 2024-2025 as expanding output looks set to outrun demandRead More

The Triumph of Debt

May 17, 2023 / dailyreckoning.com

Forbes founder B.C. Forbes, writing in 1916:Picture a party of the nation’s greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundreds of miles South, embarking on a mysterious launch, sneaking on to an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was...Read More

More work to do to win Europeans around to mining

May 17, 2023 / www.mining-journal.com

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel New EU legislation sets a goal for domestic mining to meet 10% of the bloc's critical raw materials needs.Read More

Collective continues to excite

May 17, 2023 / www.mining-journal.com

The latest drill results continue to grow the near-surface gold oxide blanket above the porphyry breccia, including 358m grading 1.Read More

Terms agreed for massive Saudi Arabian metals exploration...

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

Argentina Lithium ramps up exploration in 2023SPONSOREDargentina lithium & energyESG must be about more than box tickingSPONSOREDslr consultingGoviEx edges closer to productionSPONSOREDgoviex uraniumGreat Southern peaking under the coverSPONSOREDgreat southern miningMining magnate Robert Friedland's Canada-based Ivanhoe Electric will be the operator of the JV during the exploration phase, whic...Read More

Climate change drives Greenland's growth - but is there...

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

Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDAmong the companies turning their attention to Greenland is Amaroq Minerals, which holds over 7,600 km2 of licences across South Greenland...Read More

IAMGOLD takes US$400M loan to bolster balance sheet...

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

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe five-year loan will bear interest at SOFR + 8.25%, subject to a 2% SOFR floor, and will be: secured by a second-ranking lien on all IAMGOLD...Read More

Exit the dragon?

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

Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThis was seen as not only a way to diversify the country's energy supply but also a way to get a handle on the global critical minerals supply...Read More

CPM sees silver spike coming, but not this year

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

Christian said CPM expects a new silver spike within the next three or four years, which would propel it towards $50/oz, but cautioned that silver price spikes are short-lived.Read More

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