News and Reports

White Gold seeks Klondike rush source in Yukon drill results

January 05, 2023 / www.northernminer.com

White Gold (TSXV: WGO; US-OTC: WHGOF) says drilling on its Ryan's Surprise target south of the historic Klondike gold rush territory in the Yukon bodes well for an initial resource estimate. The Toronto-based explorer backed by Agnico Eagle Mines (TSX: AEM, NYSE: AEM) and Kinross Gold (TSX: K, NYSE: KGC) spent $6 million last year on a diamond drilling program showing gold mineralization over...Read More

Investors with US$2.2 trillion in assets ask Glencore to justify thermal coal plans

January 05, 2023 / www.northernminer.com

Glencore (LSE: GLEN) is facing fresh pressure by investors with $2.2 trillion in assets to disclose details of its coal production plans and how they align with its efforts to cut carbon emissions and keep global warming to 1.5 degrees Celsius.Shareholders including Europe's Legal and General Investment Management (LGIM) and HSBC Asset Management have filed a resolution demanding details on the m...Read More

CleanTech Lithium touts potential of Chile project

January 05, 2023 / www.northernminer.com

Initial drilling results from CleanTech Lithium's (AIM: CTL) Laguna Verde project in northern Chile suggest it could become a major supplier of battery grade lithium to European and U.S. markets. The U.K.-based exploration and development company said in a news release Thursday that the results also show the economics of the project are "outstanding." CleanTech based its analysis on a model...Read More

Here's What Happens in 2023

January 05, 2023 / dailyreckoning.com

The calendar has scrolled to 2023... for good ... or ill.As a financial newsletter, we are duty-bound to hazard our annual market forecast - such as it is.So today we fetch our crystal ball from storage, blow away the dust... and gaze for images of the year ahead.How will the economy fare in 2023? Where will the stock market end the year? Gold? Oil? Bitcoin?The answers - the guaranteed answers - a...Read More

Osisko sees 160kozpa in Cariboo feasibility

January 04, 2023 / www.mining-journal.com

The initial three-year phase contemplates a 1500tpd operation from the Lowhee, Shaft and Mosquito deposits to produce 72,501ozpa with underground development to ramp up operations to 4,900tpd in yearRead More

Franco-Nevada buys royalty at Eskay Creek

January 04, 2023 / www.mining-journal.com

The net proceeds of the NSR sale will be used by Skeena to fund additional exploration and development activities at Eskay Creek, which is located in British Columbia's so-called "Golden Triangle",Read More

US urged to reduce reliance on Chinese rare earths...

January 04, 2023 / www.mining-journal.com

The China Rare Earth Group, a merger of three of China's state-owned enterprises in 2021, controls up to a quarter of global mineral-bearing rare-earth elements (REE), giving Chinese central plannersRead More

Boucheron Turns Industrial Waste into Jewelry

January 04, 2023 / www.idexonline.com

(IDEX Online) - Luxury French jeweler Boucheron is using recycled industrial waste - which includes asbestos - in a new collection.Material that is usually crushed and used for road-building is vitrified - turned into a glassy (and harmless) substance called Cofalit -  through heat and fusion.Claire Choisne, the company's artistic director, saw the potential to cut and polish it for jewe...Read More

World Record for Ring with 17,524 Diamonds

January 04, 2023 / www.idexonline.com

(IDEX Online) - An Indian jeweler has set a world record with a watch made of 17,524 natural hand-cut diamonds.Renani Jewels, in Meerut, Uttar Pradesh, has been recognized by Guinness World Records for its Srinika bracelet timepiece, for "the most diamonds set on a watch".The watch, inspired by ancient Indian mythology, weighs 373.030 gram and contains 54.70 carats of diamonds, all E or F color an...Read More

PhosCo's mining concession knocked back

January 04, 2023 / www.mining-journal.com

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpThe ASX-listed company's 50.Read More

Time to Get Real About Ukraine

January 04, 2023 / dailyreckoning.com

The war in Ukraine remains the most important story in the world today.Don't believe the incessant U.S. government and media propaganda about Ukraine. Ukraine is not winning the war; they are losing badly.But wait, hasn't the news been talking up Ukrainian gains in recent months, while Russia is retreating and being badly beaten? That's the mainstream, pro-Ukrainian narrative. Here's the reality:M...Read More

Roundup Preview: BC mining and exploration off to a strong start after tumultuous 2022

January 04, 2023 / www.northernminer.com

With high interest rates, high inflation and reduced access to finance, 2022 was a challenging year for the mineral exploration sector.But unofficial financial numbers point to a solid start for 2023 for exploration activity in British Columbia, says Kendra Johnston, the Association for Mineral Exploration B.C.'s president and CEO ahead of the organization's annual Roundup event in Vancouver Jan....Read More

Analysts knock Osisko's Cariboo gold project feasibility

January 04, 2023 / www.northernminer.com

The first phase of Osisko Development's (TSXV: ODV; NYSE: ODV) Cariboo gold project in central British Columbia makes little economic sense, say analysts about a new feasibility study. The study outlines a two-phase development.Over both phases, the underground mine would produce 1.9 million oz. over a 12-year life after construction costs of $137.3 million, according to the study released on Tues...Read More

NioCorp demo plant in Quebec boasts high rare earth recoveries

January 04, 2023 / www.northernminer.com

NioCorp Developments (TSX:NB; OTCQX:NIOBF) reported a rare earth dissolution rate of 86-95% at its demonstration plant in Trois-Rivieres, Que., the company said Wednesday. That rate was obtained through hydrochloric acid leaching of ore mined at NioCorp's Elk Creek project in southeast Nebraska, the company said in a news release. In further solvent extraction recovery steps, the rare earths load...Read More

Canada Nickel adds carbon capture and storage to Crawford project

January 04, 2023 / www.northernminer.com

Canada Nickel's (CVE:CNC) latest test work results support the incorporation of carbon capture and storage into processing at its Crawford project in Timmins, Ont. Its method, known as in-process tailings (IPT) carbonation accelerates the carbon capture and storage process, which the miner believes has transformative potential, it said in a news release on Wednesday. "We believe the Crawford pr...Read More

Electra Battery Materials sheds non-core Canadian assets

January 04, 2023 / www.northernminer.com

Electra Battery Materials (TSX-V: ELBM; NASDAQ: ELBM) announced on Wednesday it will dispose of its non-core Canadian assets while retaining royalty interests in the properties.Under a 2021 share purchase and option agreement, junior Kuya Silver (TSXV: KUYA) already had the right to earn up to 70% of Electra's Silver Kings joint venture properties in Ontario. Now, Kuya can earn up to 100% by makin...Read More

Nexa Resources halts Peru zinc mine amid blockade

January 04, 2023 / www.northernminer.com

Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community.The zinc producer, controlled by Brazilian holding company Votorantim SA, said the obstruction of road access to the mine hasn't had a material impact on Atacocha's production to date.Nexa not...Read More

Gold May Have to Fight With Dollar Recovery

January 04, 2023 / www.outsiderclub.com

I hope you're having a great start to the new year.Gold sure is.Gold prices reached a six-month high of over $1,850 an ounce yesterday after slowly climbing in December.Gold Price - One YearGold's market sentiment was pretty weak in the summer and fall of 2022, but by the end of the year, that changed - at least for those paying attention.I've really wanted to bring this up with you for a few week...Read More

Pine Cliff Energy mentioned today on BNN

January 03, 2023 / www.bnnbloomberg.ca

Mike Mueller, analyst at Canaccord Genuity, joins BNN Bloomberg for his view on the energy sector, particularly natural gas names. Mueller says there is a positive case for names like Crew and I3 Enery, including i3's 2023 dividend icrease plan.Read full newsRead More

Pine Cliff Energy mentioned today on BNN

January 03, 2023 / www.bnnbloomberg.ca

Mike Mueller, analyst at Canaccord Genuity, joins BNN Bloomberg for his view on the energy sector, particularly natural gas names. Mueller says there is a positive case for names like Crew and I3 Enery, including i3's 2023 dividend icrease plan.Read full newsRead More

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