News and Reports

Codelco production falls, challenges continue

January 25, 2023 / www.mining-journal.com

Operational difficulties accounted for 77% of the production shortfall. "We've had an extraordinarily eventful year.Read More

Vizsla doubles Panuco resource

January 25, 2023 / www.mining-journal.com

A total of 10 epithermal veins were included in resource update, about 10% of the known vein strike in the district. Panuco's indicated resources increased 71% to 104.Read More

Newcrest moves ahead with Lihir expansion

January 25, 2023 / www.mining-journal.com

Red Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedGarnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedPhase 14A involves a cutback to access about 400,000 ounces of higher-grade ore over fou...Read More

Wesdome chief executive exit fans M&A speculation

January 25, 2023 / www.mining-journal.com

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedThe development come after the company reported last week that it had missed both 2022 g...Read More

US land bureau sticks to Alaska copper road timing...

January 25, 2023 / www.mining-journal.com

The proposed 211-mile, the industrial-use-only road is needed by Trilogy Metals to advance copper exploration and development at its Ambler Mining District.Read More

Talented Designer Scoops Jewelry Prize

January 25, 2023 / www.idexonline.com

(IDEX Online) - Talented Wang Xuerui beat over 1,500 jewelry designers to win first prize in HRD Antwerp's 18th Design Awards. Her piece, called Mutualistic, was described as "a stunning work that symbolizes peace at the core of its design". Judges at the Vicenzaoro boutique jewelry show, in Italy, were looking for storytelling, technical skills and the ability to translate them into the des...Read More

Progress in Legal Action on 129,400 Rough Carats

January 25, 2023 / www.idexonline.com

(IDEX Online) - The UK miner Vast Resources says it has made encouraging progress towards the release of a parcel of 129,400 carats of rough diamonds that have been held at Zimbabwe's central bank since 2009.   It began formal proceedings at the High Court of Zimbabwe last December and said in a statement that it was "encouraged that material progress on the outcome of this legal action...Read More

BlueRock Diamonds Halts Work over Safety Breaches

January 25, 2023 / www.idexonline.com

(IDEX Online) - BlueRock Diamonds has again been forced to suspend work at its Kareevlei mine, in Kimberley, South Africa, over breaches of the Mines Health and Safety act.The UK-based miner said most of the contraventions related to its processing plant. It did not provide details, but was adamant that they did not put workers at risk."Management is of the opinion that the instruction to suspend...Read More

Freeport-McMoRan sees higher costs in 2023

January 25, 2023 / www.mining-journal.com

Unit net cash costs are expected to average US$1.60 lb of copper this year, the firm said in a Q4 2022 operating update. This includes a cost of $1.78lb in the first quarter of this year.Read More

What Debt Ceiling Crisis?

January 25, 2023 / dailyreckoning.com

Certainly Mr. Orwell hooked onto something when he wrote:"Some ideas are so stupid that only intellectuals believe them."How else can we explain the eternal prosperity - the near immortality - of stupid ideas? For example:The idea that plunging a nation into debt will raise it up into wealth...That raising the prices of life's essentials raises the general economic level...That prosperity springs...Read More

Discovery Silver expands Cordero project output as costs limit returns

January 25, 2023 / www.northernminer.com

Discovery Silver's (TSX-V: DSV, OTC: DSVSF) preliminary feasibility study on its Cordero project in northern Mexico expands output by 40% while increasing construction costs by nearly a quarter compared with an earlier report. The project, located about 550 km south of the border city of El Paso, TX, is forecast to produce 33 million tonnes of silver-equivalent over an 18-year mine life for a n...Read More

Equinox Gold says Greenstone on budget and on track for H2 2024 gold pour

January 25, 2023 / www.northernminer.com

Equinox Gold (TSX: EQX) says its majority-owned Greenstone project in northern Ontario is more than two-thirds complete, on schedule to pour gold in next year's first half, and - most impressively - on budget.The US$1.2-billion project is being developed as a 60:40 partnership by Equinox and New York-based Orion Mine Finance Group. Greenstone, located about 100 km north of Lake Superior, is slated...Read More

Mexican court allows Fortuna Silver to keep mining at San Jose for now

January 25, 2023 / www.northernminer.com

Fortuna Silver Mines (TSX: FVI; NYSE: FSM) reported Wednesday that the Mexican federal administrative court has granted a provisional injunction to allow the company's San Jose mine to continue to operate under the terms of the 12-year environmental impact authorization (EIA).Compa??ia Minera Cuzcatlan, Fortuna's Mexican subsidiary, recently began legal proceedings to contest and revoke the annulm...Read More

Wesdome CEO resigns in surprise move after delayed projects, output

January 25, 2023 / www.northernminer.com

Wesdome Gold Mines (TSX: WDO) president and chief executive officer Duncan Middlemiss has resigned after the Kiena mine upgrade in Quebec fell behind schedule and the company missed production goals. Middlemiss, who led the company for six years, has been replaced by Wesdome board chairman Warwick Morley-Jepson while the Toronto-based company searches for a replacement. Laurentian Bank said th...Read More

You Have 1 Week to Buy These 3 Gold Stocks

January 25, 2023 / www.outsiderclub.com

With the odds now stacked largely in favor of a 0.25% interest rate hike at next week's FOMC meeting, the price of gold is positioned to move back over $2,000 an ounce by early February.According to the CME FedWatch Tool, there is now a 99.1% probability that the Fed will hike rates by 0.25%, compared with the 0.5% hike in December. That's bearish for the U.S. dollar and bullish for gold.Source: C...Read More

Sunnyside Permitting Reaches Final Phase

January 24, 2023 / bit.ly

Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) (Read full newsRead More

$PSCT - PSCT: Lofty Multiples, Fragile Margins Make This ETF Unattractive.

January 24, 2023 / seekingalpha.com

PSCT is supposed to track the capped float-adjusted market-cap-weighted index consisting of the S&P 600 IT companies. Read why the ETF is a Hold.Read full newsRead More

$AME - Ametek: Shares Are Getting Rather Pricey.

January 24, 2023 / seekingalpha.com

AMETEK is a solid business that continues to grow on both its top and bottom lines. Read why I think AME stock looks quite lofty.Read full newsRead More

$MURGY - Is Munich Re A Good Income Play?.

January 24, 2023 / seekingalpha.com

Munich Re offers a forward dividend yield of about 3.6% and is likely to announce a new share repurchase program soon. See why the stock is a Buy.Read full newsRead More

$TASK - TaskUs May See Revenue Growth As China Reopens.

January 24, 2023 / seekingalpha.com

TaskUs provides a range of digital customer experience outsourcing and related services worldwide. See why I'm on Hold for TASK stock in the near term.Read full newsRead More

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