News and Reports

Newmont's Palmer stays quiet on Newcrest in Cape Town...

February 07, 2023 / www.mining-journal.com

The more than 7000 delegates attending the conference woke up to the news on Monday that Newmont had made an unsolicited, non-binding indicative proposal to acquire Newcrest Mining.Read More

US District Court backs Thacker Pass development

February 07, 2023 / www.mining-journal.com

The Federal Court declined to vacate the RoD for the mining plan of operations, which confirmed that the permitting process was conducted thoroughly and responsibly.Read More

Ferrexpo bank accounts frozen over alleged royalty...

February 07, 2023 / www.mining-journal.com

Ur-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSORED Asante targets 400,000oz in 2023SPONSOREDasante gold corporationFerrexpo, which produces high-grade iron ore pellets from operations in central Ukraine, has received notification in Ukraine of a court order...Read More

Are Western miners on thin ice in Greenland?

February 07, 2023 / www.mining-journal.com

Asante targets 400,000oz in 2023SPONSOREDasante gold corporationUr-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSOREDMiners prospecting for critical minerals viewed as vital for the energy transition are particularly favoured. More than 70 exploration licences...Read More

Africa opens up

February 07, 2023 / www.mining-journal.com

Ur-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSORED Asante targets 400,000oz in 2023SPONSOREDasante gold corporationCritical minerals - a group of minerals and metals which have been deemed in short supply for the projected demand trajectory by foreign govern...Read More

US Watch and Jewelry Sales Fall Again in December

February 07, 2023 / www.idexonline.com

(IDEX Online) - Watch and jewelry sales in the US fell for a third consecutive month in December, as consumers kept a careful eye on their Christmas purchases. They fell by 1.9 per cent according to the latest figures from the Department of Commerce, although that figure will almost certainly be revised. As it stands, it indicates some degree of recovery after sales fell by 4.2 per cent in October...Read More

Gem Diamonds: Revenue Slips, Fewer Big Recoveries

February 07, 2023 / www.idexonline.com

(IDEX Online) - Gem Diamonds reports a six per cent dip in its full-year revenue for 2022, down to $188.6m.The UK-based miner, which owns 70 per cent of the Letseng diamond mine, in Lesotho, says average per carat prices also dropped slightly, down four per cent to $1,755.Letseng, renowned for its large, top color, exceptional white diamonds, is the highest average dollar per carat kimberlite diam...Read More

Petra Diamonds Open to M&A Offers

February 07, 2023 / www.idexonline.com

(IDEX Online) - Troubled Petra Diamonds says it's open to merger and acquisition (M&A) proposals.The UK-based miner agreed a debt-for-equity restructuring deal with lenders in October 2020, after failing to attract buyers for a proposed sale."We have got opportunities to grow organically, but given that we are through this restructuring and we have a much more robust balance sheet, we wou...Read More

IDEX Polished Price Index Down: The Decline Continues in January

February 07, 2023 / www.idexonline.com

(IDEX Online) - January proved to be yet another month of straight-line decline for the IDEX Polished Price Index amid ongoing caution and uncertainty. It fell 1.17 per cent, compared with 0.76 per cent in December and 2.62 per cent in November 2022. Festive spending may have cushioned some of the Index's fall in December. January's decline is less than half that of November, which could...Read More

Liberty grows Black Pine gold oxide resource 52%

February 07, 2023 / www.mining-journal.com

Black Pine now hosts an indicated resource of 157.3Mt grading 0.52gpt containing 2.6Moz and an inferred resource of 35.2Mt grading 0.43gpt containing 483,000oz.Read More

Codelco fires Rajo Inca contractor

February 07, 2023 / www.mining-journal.com

The company said contractor Consorcio Belaz Movitec (CBM), a Chilean-Belorussian consortium, which won a tender process in March 2021, repeatedly failed to comply with contractual and safetyRead More

Northern Miner Podcast: Highlights from AME Roundup, ft Cochrane, Nesbitt, Ferguson and Wihlidal

February 07, 2023 / www.northernminer.com

This week's episode features highlights from the AME Roundup 2023 conference, including interviews with Northwest Territories Premier Caroline Cochrane; Manitoba Natural Resources Minister Greg Nesbitt; Mark Ferguson, Research Director and the Head of Mining Studies, S&P Global Market Intelligence; and Mitchell Wihlidal, Product Development Associate with CDN Resource Laboratories. The interviews...Read More

?-ks? 1/4 t mine runs as normal after Turkey-Syria earthquake, Centerra says

February 07, 2023 / www.northernminer.com

Centerra Gold (TSX: CG; NYSE: CGAU) says its ?-ks? 1/4 t mine located in central Turkey is continuing to operate normally after two powerful earthquakes occurred approximately 180 km from the mine site on Monday morning."There were no injuries to our employees or contractors at the mine, or at the company's other offices within T? 1/4 rkiye, and initial inspections have not detected any damage to...Read More

Exclusive video: Stuhini CEO on molybdenum's 'dramatic' price move and the Ruby Creek project

February 07, 2023 / www.northernminer.com

Stuhini Exploration's president and CEO Dave O'Brien says molybdenum, which has seen a recent price rise, is the 'canary in the coal mine' for mining sector shortages to come. O'Brien spoke with Northern Miner staff reporter Henry Lazenby about the company's advanced Ruby Creek molybdenum project in British Columbia at the AME BC Roundup in Vancouver in January. Read More

Exclusive video: Osisko's Maggie Layman on advancing Cariboo Gold in BC

February 07, 2023 / www.northernminer.com

Maggie Layman, vice-president exploration with Osisko Development spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss plans to advance the Cariboo Gold project in British Columbia this year towards a 2024 production start, and some of the waste-saving technologies to be deployed at Cariboo.Read More

Lithium Americas hails mixed ruling allowing Thacker Pass build

February 07, 2023 / www.northernminer.com

Lithium Americas (TSX: LAC; NYSE: LAC) has won part of a court case allowing construction to start on North America's largest lithium mine, the Thacker Pass project in Nevada where General Motors plans to invest hundreds of millions of dollars. United States federal court judge Miranda Du on Monday ruled against ranchers, environmentalists and Indigenous groups who argued Thacker Pass will ha...Read More

Exclusive video: Claims staking in western U.S. with Burgex Consultants

February 07, 2023 / www.northernminer.com

Chris Summers, CEO of U.S.-focused Burgex Mining Consultants spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss how Burgex helps miners and prospectors deal with the Bureau of Land Management's complex claims-staking process in the western U.S. where many critical minerals are mined, and how those processes are limiting foreign investment in U.S. min...Read More

NioCorp's rare earth demo plant in Quebec delivers 'outstanding' results

February 07, 2023 / www.northernminer.com

Rare earth miner NioCorp Developments (TSX: NB; US-OTC: NIOBF) said it had succeeded in producing a high-purity mixed concentrate of the sought-after elements from its demonstration plant in Canada.The company said the results at the L3 Process Development facility in Trois-Rivieres, Que., support the technical feasibility of separating high-purity oxides of several key magnetic rare earths from o...Read More

China's Ultimate Weapon Against Earth?

February 07, 2023 / www.outsiderclub.com

"China's Ultimate Weapon Against Earth?"Based on that title alone, what would you guess I'm referring to? I'll admit, there are almost too many possibilities to imagine. China possesses nearly limitless resources and severely limited ethics. In many ways, China's military is the closest competitor to the U.S. military. Just ask our resident defense expert Jason Simpkins all the countless wa...Read More

$FN - Fabrinet (FN) Q2 2023 Earnings Call Transcript.

February 06, 2023 / seekingalpha.com

Fabrinet (NYSE:NYSE:FN) Q2 2023 Earnings Conference Call February 6, 2023 5:00 PM ETCompany ParticipantsGaro Toomajanian - Vice President of Investor RelationsSeamus Grady - Chief Executive...Read full newsRead More

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