News and Reports

Asteroid miner AstroForge to the moon and beyond

January 24, 2023 / www.mining-journal.com

The US firm's missions this year centre on a refinery demonstration that puts its technology to the test in space and a deep space expedition to observe one of its target asteroids, the firm said in aRead More

If this is Mark Bristow's last hurrah, it's a cracker...

January 24, 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 limitedCompany sources are at a loss where this tale comes from and told this writer "Bristow h...Read More

Hammer Raiders Steal $2m of Engagement Rings

January 24, 2023 / www.idexonline.com

(IDEX Online) - Hammer-wielding raiders fled with $2m of jewelry after smashing display cases of diamond engagement rings at a store in Brooklyn, New York.They threatened to shoot a worker - although no gun was seen. Staff and customers were physically unhurt, but were traumatized.Irina Sulay, owner of Facets Fine Jewelry, in Park Slope, buzzed one man in and two others followed."He reached i...Read More

Lucapa Reports Another "Solid Quarter"

January 24, 2023 / www.idexonline.com

(IDEX Online) - Lucapa today reported another "solid quarter" with Q4 rough sales of A$62.4m (US$43.9m) from its mines in Angola and Lesotho. That's an increase of 51 per cent year-on-year (A$m) or 39 per cent (US$m).  The total number of carats sold slipped slightly, but the average per carat price rose by 49 per cent, from US$1,822 to US$2,707. Figures are for 100 per cent of the two p...Read More

Tanishq Opens First Stores in US and Abu Dhabi

January 24, 2023 / www.idexonline.com

(IDEX Online) - Indian jeweler Tanishq has opened its first stores in the US and Abu Dhabi.It says it is planning further outlets as it expands beyond the 400-plus stores it currently operates at home.The first US store is in Iselin, New Jersey. Tanishq, a subsidiary of the massive Tata conglomerate, already had six stores in the UAE and now has one in he capital.It says it plans to open as many a...Read More

Tiffany Buys 35 of Argyle's Last Pink Diamonds

January 24, 2023 / www.idexonline.com

(IDEX Online) - Tiffany & Co. has bought a parcel of 35 pink diamonds from the iconic Argyle mine in Australia, which closed in November 2020.It will offer them "to select clients" at a series of high jewelry events starting this spring 2023 and in future Tiffany "Blue Book" creations.The stones arrange from 0.35 carats to 1.52 carats. Most are pink, some are "almost purple" and one is red. Th...Read More

Domino effect of Putin's war is industry's biggest...

January 24, 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 limitedProlonged inflation was ranked as the top global risk for 2023, with a score of 70%, fol...Read More

Africa races for critical minerals

January 24, 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 limited  Jurisdictions face a growing focus on ESG in order to find their place in the glo...Read More

Mineralisation of up to 68mGold and Silver News

January 24, 2023 / www.mining-journal.com

The results confirm an extension to previous reported mineralisation. The hits include an intercept of 68.35m of 2.40g/t gold, 2.89% copper and 1.58% zinc at a depth of 320.00m.Read More

2023: Year of the New Gold Bull

January 24, 2023 / dailyreckoning.com

Last week, we discussed the market forces behind the 2022 growth meltdown.Now that we've shaken off the cobwebs, it's time to look ahead and focus on the stocks and sectors with the best potential to take the lead in 2023's first quarter - and beyond.Unfortunately, many investors are going to miss these opportunities.An unhealthy fixation on the tech space is part of the problem. Yes, the market h...Read More

The Northern Miner Podcast - episode 327: Alcoa faces 'challenging markets' on higher input costs, lower European demand and uncertainty out of China

January 24, 2023 / www.northernminer.com

This week's episode features highlights from Alcoa's Q4 2022 conference call on Jan. 18, 2023. Chief executive officer Roy Harvey explains how high energy costs, China's closure due to zero covid policy, and weak European demand all combined to create a "challenging year" for the company. Harvey expects results for 2023 to depend largely on China's re-opening, as the country is the world's largest...Read More

Radisson reports high-grade gold at O'Brien project in Quebec

January 24, 2023 / www.northernminer.com

Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has extended the known gold mineralization 400 metres below its current resource depth of 500 vertical metres at its flagship O'Brien gold project in northwestern Quebec.The company plans to update the resource estimate for O'Brien-located halfway between Rouyn-Noranda and Val'd'Or-before the end of the first quarter.Highlights from its latest b...Read More

New Age Metals starts second phase drilling at Lithium Two in Manitoba

January 24, 2023 / www.northernminer.com

New Age Metals (TSXV: NAM; US-OTC: NMTLF) has commenced drilling on its Lithium Two project, part of its portfolio of early stage hard-rock lithium assets in Manitoba.The company plans to drill at least 1,500 metres at the project, located in southeastern Manitoba about 140 km northeast of Winnipeg, New Age said in a news release Tuesday. The program will consist of testing the down dip extension...Read More

McLaren intersects high-grade gold at McCool near Timmins

January 24, 2023 / www.northernminer.com

McLaren Resources (TSXV: MCL)?EUR?has reported high-grade gold assays from drilling at its McCool property near Timmins in northeastern Ontario. Highlights include diamond drill hole MCC22-04, which cut 6 metres grading 16.5 grams gold per tonne from 142.5 metres depth including 4.5 metres grading 21.1 grams gold; hole MCC22-09 returned 9 metres grading 10.8 grams gold from 393 metres downhole...Read More

Vizsla Silver updates Panuco resource tonnage in Mexico by 50%

January 24, 2023 / www.northernminer.com

Vizsla Silver?EUR?(TSXV: VZLA; NYSE: VZLA) has increased?EUR?the indicated mineral resource tonnage by half at its Panuco?EUR?silver-gold project in?EUR?Sinaloa, western Mexico. The indicated mineral resource rose to 7.5 million tonnes grading 243 grams silver per tonne, 2.12 grams gold per tonne, 0.23% lead and 0.71% zinc (437 grams silver-equivalent per tonne) for contained metal of 58.3 mill...Read More

Osisko Metals drills wide copper intercepts at historic mine in Quebec

January 24, 2023 / www.northernminer.com

Drilling towards the northwest under the past-producing pit at the Gaspe copper project in Quebec returned 1,011 metres grading 0.46% copper, 3.19 grams silver per tonne and 0.02% molybdenum from 225 metres downhole, Osisko Metals (TSXV: OSK) reports.The drillhole (30-1005) included a higher-grade interval of 312 metres of 0.76% copper, 4.79 grams silver and 0.04% molybdenum starting from 734 metr...Read More

SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp

January 24, 2023 / www.northernminer.com

SPC Nickel (TSXV: SPC) has entered into a cooperation agreement with Vale Canada that will see the company consolidate into a single property the West Graham and Crean Hill 3 nickel-copper deposits, 20 km southwest of the city of Sudbury.The West Graham deposit occurs on SPC's 100%-owned Lockerby East property, which also hosts the past-producing Lockerby East mine. The latest agreement would gra...Read More

Western Uranium & Vanadium plans processing plant build

January 24, 2023 / www.northernminer.com

After more than a year on the hunt, Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) says it plans to build a mineral processing plant in Emery County, central Utah to recover uranium, vanadium and cobalt.The plant will be built in the Green River Industrial Park, about 265 km southeast of Salt Lake City, on property the company acquired. It will take mineralized material from mines the comp...Read More

World War III: Has It Begun?

January 24, 2023 / dailyreckoning.com

Has World War III already begun?That's a serious question and deserves serious consideration by investors. A wave of analysts and commentators have warned that the war in Ukraine could spin out of control and escalate into World War III.One variation on that theme is that the war could escalate into a nuclear war with tactical nuclear weapons deployed. Most point a finger at Russia as the party th...Read More

Welcome to a New Era of Nuclear Energy

January 24, 2023 / www.outsiderclub.com

Historically, nuclear reactors have always been expensive and time-consuming - it's just a fact of life. Building a facility like the one below, often the size of a small town, costs billions of dollars. It can also take up to 17 years, as was the case with Finland's Olkiluoto 3. Therein lies the conflict between the fiscally conservative and the forward-thinking progressives. Very few investor...Read More

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