News and Reports

Why Anglo American divides the market

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

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingTake Anglo's ESG credentials. One view holds that Anglo is probably ahead of the curve on matters green. In a rec...Read More

Petra Prepares to Close Loss-Making Koffiefontein Mine

January 17, 2023 / www.idexonline.com

(IDEX Online) - Petra Diamonds announced yesterday that it had taken the "difficult decision" to put its loss-making Koffiefontein mine, in South Africa, on care and maintenance as it prepares for complete closure.The UK-based miner said it had failed to find a buyer for the underground deposit, which dates back to 1880 and which was expected to reach the end of its life in 2025."Production at Kof...Read More

"$3.7bn of Orders" Booked at IIJS Signature

January 17, 2023 / www.idexonline.com

(IDEX Online) - Exhibitors booked $3.7bn of orders at India's flagship trade show, the IIJS Signature, according to initial estimates by the GJEPC (Gem & Jewellery Export Promotion Council).Over 20,000 visitors attended the four-day India International Jewellery Show at the Bombay Exhibition Centre, in Mumbai, down on the 32,000 forecast by organizers. All but 800 were from India."The rec...Read More

Rio Tinto Lowers Production Forecast for Diavik Mine

January 17, 2023 / www.idexonline.com

(IDEX Online) - Rio Tinto has lowered the 2023 production forecast for its Diavik diamond mine, on the edge of Arctic Circle, in Canada. It now expects to produce 3.0m to 3.8m carats, compared with a 2022 forecast of 4.5m to 5.0m carats. Actual production for last year was on target, at 4.7m carats. Rio Tinto, the world's second-largest metals and mining corporation, gave no explanation for t...Read More

Petra Mulls Extra Finance After Dam Breach

January 17, 2023 / www.idexonline.com

(IDEX Online) - Petra Diamonds says it's considering "additional financing options to provide support" while its Williamson mine is out of action.It also says it's talking to the government of Tanzania about the sale of a long-disputed diamond parcel that was confiscated in September 2017.A breach of the mine's tailings storage facility last November released 12.8m cubic metres of m...Read More

Seven juniors selected for BHP Xplor

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

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingBHP Xplor is an exploration accelerator established in August 2022, designed to support junior explorers and come...Read More

First Quantum Minerals revised outlook falls short

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

Cobre Panama had a strong quarter, with copper volumes increasing from 80,000t in 4Q21 to 90,000 in 4Q22 despite a  sharp deterioration in relations between the two sides in December last year.Read More

Rio has strong final quarter to scrape in on iron ore guidance

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

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingRio shipped 321.6 million tonnes, on a 100% basis, unchanged from 2021 and at the bottom end of 2022 guidance of...Read More

Goldshore drilling confirms high-grade Moss Lake gold core

January 17, 2023 / www.northernminer.com

Goldshore Resources (TSXV: GSHR) reported the assay results for seven infill holes drilled in the centre portion of the QES Zone in the current Moss Lake resource outline in Ontario.The best intercept from hole MQD-22-072 highlighted a broad zone of mineralization grading 1.03 grams gold per tonne (cut) over 116.6 metres (true width). Within this intercept was a high-grade core of 1.76 grams gold...Read More

Barrick on the backfoot as FY22 output misses guidance

January 17, 2023 / www.northernminer.com

Despite a strong finish in the fourth quarter of 2022, Canada-domiciled Barrick Gold's (TSX: ABX; NYSE: GOLD) production fell to the lowest level in decades after missing full-year guidance on the back of several operational issues.Barrick reported a 13% sequential recovery in gold output for the December quarter to 1.12 million oz., bringing the full-year total to 4.14 million oz, 1% less than fo...Read More

The Northern Miner Podcast - episode 326: 'Knowledge is very hard to come by'-CPM Group's Jeffrey Christian on gold, silver and China

January 17, 2023 / www.northernminer.com

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the precious metals market and the biggest factors that are impacting them. Jeff also discusses misperceptions about the Chinese gold market and how overly optimistic silver speculators often leave money on the table.All this and more with host Adrian Pocobelli.This week's CEO...Read More

Probe Metals triples resource estimate at Monique deposit in Quebec

January 17, 2023 / www.northernminer.com

Analysts welcomed Probe Metals (TSXV: PRB) tripling the indicated gold resource at its Monique deposit in the Novador project near Val d'Or, Que. The deposit now holds 41.8 million indicated tonnes grading 1.52 grams gold per tonne for 2 million oz. contained metal, Probe said in a news release on Tuesday. That's up from 672,800 indicated oz. in the previous resource estimate from 2021. "The...Read More

Push tech jobs to attract women to industry, forum panel says

January 17, 2023 / www.northernminer.com

The industry needs to encourage mentors, adjust mindsets and offer technology jobs to boost the level of women from just 8% of the global mining workforce, according to a panel at the Future Minerals Forum in Saudi Arabia. New technologies allow women to sidestep the image of a soot-covered coal miner headed underground with a pickaxe and choose careers such as geo-chemistry, finance and artifi...Read More

Osisko Development posts initial resource for Trixie in Utah

January 17, 2023 / www.northernminer.com

Osisko Development (TSXV: ODV; NYSE: ODV) has announced an initial mineral resource estimate for its 100%-owned Trixie deposit in the east Tintic Mining District in central Utah. There are 236,000 measured and indicated tonnes grading 28.08 grams gold per tonne and 50.77 grams silver for 213,000 oz. gold and 385,000 oz. silver. In the inferred category, Trixie hosts 385,000 tonnes at 19.64 grams...Read More

Wealth Minerals delivers first resource estimate for Ollag? 1/4 e lithium project in Chile

January 17, 2023 / www.northernminer.com

Lithium developer Wealth Minerals (TSXV: WML; US-OTC: WMLLF) has released an initial resource estimate for its Ollag? 1/4 e project in Chile.The estimate is based on the company's geophysical survey and 2022 drill program, consisting of four vertical holes totalling 1,111 metres. It also includes drilling and geophysical data from previous operators on the Ollag? 1/4 e project.The initial resource...Read More

Biden Bucks and Gas Stoves

January 17, 2023 / dailyreckoning.com

I've been warning my readers about Biden Bucks coming soon as a threat to your physical cash and your freedoms.I've also written frequently about the false science of climate change and the extreme climate alarmism embraced by global elites and their flunky pseudo-scientist collaborators. They're meeting right now in Davos, by the way, figuring out new ways to try to run your life.The Biden admini...Read More

One Tiny Machine Can Save Humanity TWICE

January 17, 2023 / www.outsiderclub.com

In the beginning of the 19th century, a team of scientists saved the planet. There is a very real chance that neither you nor I would be here without their discovery. It's arguably one of the most important inventions in human history, yet most people I ask about it seem completely unaware.What we now consider basic chemistry was a life-changing discovery back then. It allowed farmers to grow exp...Read More

Deadly riot at Indonesian nickel smelter

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

"During the investigation, the company hopes that all parties can control, have clear and conscious mind in processing the available information, especially regarding all ambiguous news, which haveRead More

'Trust by proxy' would improve industry perception...

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

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingResearch published last year by advisory group GlobeScan positioned mining dead-last in a table of 20 industries...Read More

Arizona copper developer in agreement with Rio's Nuton

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

Rio Tinto has developed the Nuton technologies, an extensive portfolio of advanced copper heap leaching technologies targeted at primary sulfide minerals including lower grade minerals, which couldRead More

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