News and Reports

Petra, Gem Diamonds, point to price increase in diamonds

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

"Petra's fourth tender for FY 2023 saw a 12.5% increase in like-for-like prices on Tender 3 FY 2023, confirming the improving trend observed in the previous tender," Richard Duffy, Read More

Morocco stable and inviting, says AterianEnergy Minerals News

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

Formerly an artisanal mining deposit, the newest deposit is around 16km2 and will be brought into production alongside the company's Atlas Fox deposit, also in Morocco.Read More

Gold Fields and AngloGold Ashanti agree to terms for JV in Ghana

March 16, 2023 / www.northernminer.com

A proposed joint venture between Gold Fields' (NYSE: GFI) Tarkwa and AngloGold Ashanti's (NYSE: AU) Iduapriem mines in Ghana would create Africa's largest gold mine and one of the world's biggest open-pit gold operations.In a joint news release Thursday, the companies said they have agreed to key terms of a JV that would see the neighbouring mines producing a total of nearly 900,000 oz. gold from...Read More

Newmont to study direct air carbon capture in its tailings

March 16, 2023 / www.northernminer.com

Newmont (TSX: NGT; NYSE: NEM) has partnered with the U.S. National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings.The rapid electrochemical mineralization to form dolomite (REMineD) method will be explored in the three-year US$4.38 million project. Co-funded by the U.S. Department of Energy's Office of Fossil Energy and Carbon Mana...Read More

Peninsula Energy delays Wyoming uranium project restart, shares plunge

March 16, 2023 / www.northernminer.com

Peninsula Energy (ASX: PEN) has delayed the restart of commercial production at its Lance project in Wyoming, from the first quarter of this year until mid-2023.According to the Australia-based company, there has been a delay in the delivery of equipment."The current inflationary economic environment and very real supply-chain constraints, in combination with an unusually difficult Wyoming winter,...Read More

Nexa expands zinc resource, mine life of Aripuan?? in Brazil

March 16, 2023 / www.northernminer.com

South America-focused Nexa Resources (NYSE: NEXA) expanded the resource at its Aripuan?? zinc and copper mine in Mato Grosso state, Brazil by enough to extend the operation's life by three years. Nexa, one of the five largest metallic zinc producers globally, added 8.3 million tonnes of probable mineral reserves after more than 34,000 metres of infill drilling last year, the company said in a fil...Read More

The largest gold producer you've never heard of is growing

March 16, 2023 / www.northernminer.com

Navoi Mining and Metallurgical Co., the world's fourth-largest gold company by output, plans to start another mine in its Uzbekistani homeland this year while intending to go public eventually with a stock market listing in the West.Eugene Antonov, deputy CEO and chief transformation officer of the state-owned company, said he met with Canadian banks and TSX officials during Navoi's first visit to...Read More

Activists accuse Azimut of 'squatting' on Quebec lithium lands

March 16, 2023 / www.northernminer.com

Two activist shareholders with 'substantial' holdings in Azimut Exploration (TSXV: AZM) have accused the junior of "squatting" on some of Quebec's most prospective lithium lands.Coloured Ties Capital (TSXV: TIE) and privately held Bullrun Capital this week issued a second open letter to Azimut's founder, president and CEO Jean-Marc Lulin, accusing the geologist of refusing to acknowledge or engage...Read More

The Moral Consequences of Hyper-Inflation Have Come Home to Roost

March 16, 2023 / dailyreckoning.com

Happy Thursday from beautiful Northern Italy!There are times I wish I was unaware of what's going on in the world.Especially since last Sunday.I won't lie. The thought of Meghan and her ginger nut Prince becoming paupers lit me up like a Christmas tree.I was so excited to use this meme. It's devastating that it's no longer valid.It would've been so delicious. Ironic, even.And I lived in England lo...Read More

What "Deposit Insurance" Really Means

March 16, 2023 / dailyreckoning.com

Lately, you've heard much about the term "deposit insurance." As in, how U.S. bank accounts are insured to $250,000 by the Federal Deposit Insurance Corp. (FDIC).Most of the discussion has been in the context of the failed Silicon Valley Bank (SVB) of Santa Clara, California, the second largest bank failure in U.S. history.Let's discuss bank failures for a moment. Then, I'll tell you about an enti...Read More

Real Deposit Insurance

March 16, 2023 / dailyreckoning.com

Some people have big bucks in the bank. But certainly not most American families. Indeed, the average American has more or less zero savings. You've probably seen stories about how most Americans cannot afford $500 to repair their car or move from one apartment to another. That's the general, sad state of the U.S. economy these days.At any rate, it's fair to say that these well-heeled, over-$250,0...Read More

Petra Sells $72m amid Stronger Demand

March 16, 2023 / www.idexonline.com

(IDEX Online) - Petra Diamonds yesterday reported sales of $72.1m at its fourth tender of FY2023, down 49 per cent year-on-year but up 71 per cent on its third tender, in December.Like-for-like prices - excluding revenue from single and exceptional stones while normalizing for the product mix impact - were up 12.5 per cent on Tender 3.That reflects a post-Covid recovery in China, boosted by t...Read More

Roscan hits milestone with environmental permit for Kandiole in Mali

March 16, 2023 / www.northernminer.com

Mali has granted an environmental permit for Roscan Gold's (TSXV: ROS; US-OTC: RGCF) Kandiole project-the penultimate step that precedes securing a final mining licence, the company reports.CEO Nana Sangmuah said the permit not only "significantly de-risks" the project but also "signals that Mali is open for business and continues to lay the foundation for further growth in production with a quick...Read More

$PD - PagerDuty, Inc. 2023 Q4 - Results - Earnings Call Presentation.

March 15, 2023 / seekingalpha.com

The following slide deck was published by PagerDuty, Inc.Read full newsRead More

$SMR - Nuscale Power Corp (SMR) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

Nuscale Power Corp (NYSE:NYSE:SMR) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ETCompany ParticipantsScott Kozak - Director, Investor RelationsJohn Hopkins - President, CEO...Read full newsRead More

$ABBV - AbbVie Inc. (ABBV) Barclays Global Healthcare Conference (Transcript).

March 15, 2023 / seekingalpha.com

AbbVie Inc. (NYSE:NYSE:ABBV) Barclays Global Healthcare Conference Call March 15, 2023 1:35 PM ETCompany ParticipantsRobert Michael - Vice Chairman & PresidentScott Reents - Senior Vice...Read full newsRead More

$MGNX - MacroGenics, Inc. (MGNX) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

MacroGenics, Inc. (NASDAQ:NASDAQ:MGNX) Q4 2022 Earnings Conference Call March 15, 2023 4:30 PM ETCompany ParticipantsJim Karrels - Senior Vice President and Chief Financial OfficerScott...Read full newsRead More

$CDRE - Cadre Holdings, Inc. 2022 Q4 - Results - Earnings Call Presentation.

March 15, 2023 / seekingalpha.com

The following slide deck was published by Cadre Holdings, Inc.Read full newsRead More

$FALC - FalconStor Software, Inc. (FALC) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

FalconStor Software, Inc. (OTCQB:FALC) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ETCompany RepresentativesTodd Brooks - Chief Executive OfficerVincent Sita - Chief Financial...Read full newsRead More

$NATR - Nature's Sunshine Products, Inc. (NATR) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

Nature's Sunshine Products, Inc. (NASDAQ:NASDAQ:NATR) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ETCompany ParticipantsNate Brower - General CounselTerrence Moorehead - Chief...Read full newsRead More

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