News and Reports

iMetal Raises $602,000 In Fully Subscribed Private Placement of Flow-Through Shares

January 03, 2023 / bit.ly

iMetal Resources Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) (Read full newsRead More

Fission 3.0 gears up for winter uranium drilling

January 03, 2023 / www.canadianinvestor.com

Share this article SASKATOON - Fission 3.0 Corp. [FUU-TSXV] said Monday it has begun mobilizing for winter drilling at its 100%-owned Patterson Lake North (PLN) project in Saskatchewan.The company said a 20-hole program of stepout drilling is planned to expand the highly successful drill results from November, 2022, where assays confirmed the shallow depth, wide and continuous mineralization in b...Read More

US recession watchers can't agree

January 03, 2023 / www.mining-journal.com

Though a recession is not taken for granted - the administration of President Joe Biden denies it will happen and its officals have argued over what defines a recession - many US-based analysts areRead More

Mongolia sets up commodity exchange to fight 'coal...

January 03, 2023 / www.mining-journal.com

"I welcome the passage of this new law, which represents a crucial step in the Government's fight against corruption in the coal industry," Mongolia's deputy minister of mining and heavy industry,Read More

North America gold miners start year with share gains...

January 03, 2023 / www.mining-journal.com

Leading regional gold miner Newmont added almost 4% in value to US$49, giving the firm a market capitalisation of $38.8 billion.Read More

Blockade at Antofagasta's Los Pelambres lifted

January 03, 2023 / www.mining-journal.com

The group blocked the D-835 road which passes through the Salamanca valley seeking monetary compensation for environmental impacts they claimed the mine causes.Read More

Ecuador signs mining investment contracts, challenges...

January 03, 2023 / www.mining-journal.com

In December, the government signed an investment contract in support of the development of the El Domo copper-gold project owned by Adventus Mining and Salazar Resources, and an investment contractRead More

BlueRock Beats the Wet Weather Blues

January 03, 2023 / www.idexonline.com

(IDEX Online) - BlueRock Diamonds says it has now overcome the problems that cut its processing production by over a third during deluges last April and May.The unexpected rainfall at its Kareevlei mine, in South Africa, hampered access to high-quality kimberlite, forcing it to use lower grade ore and delay roll-out of its mining development plan.But in a trading update the London-based AIM-listed...Read More

Belgian "Carat Tax" Brings in Under Half its $74m Target

January 03, 2023 / www.idexonline.com

(IDEX Online) - Belgium's "carat tax" brought in $29.5m in 2020, far less than the $74m the government had expected.The new regime introduced in 2017, taxes the country's 1,200 or so diamond dealers on 2.1 per cent of revenue rather than profit.During the 2017 and 2018 tax years the carat tax brought in $84m and $104m, according to Belgian newspapers De Tijd and L'Echo.That's a...Read More

Indian Jeweler Launches Harry Potter Collection

January 03, 2023 / www.idexonline.com

(IDEX Online) - Indian Jeweler CaratLane has launched its own range of Harry Potter jewelry in a deal with Warner Bros.There are already a number of licensed collections based on JK Rowling's seven novels and films.The Harry Potter x CaratLane 14-karat gold collection of 61 rings, bracelets, earrings, necklaces and watch charms - some with with diamonds, gemstones, pearls, enamel, and&nb...Read More

Ferrexpo owner steps down from board after arrest

January 03, 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 corpFerrexpo, a Ukrainian iron or pellet producer, said on January 3 that Kostyantin Zhevago has resigned from the board after his arrest o...Read More

China COVID outbreak a big risk to miners

January 03, 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 corpMarkets cheered the abandonment of China's COVID zero policy last month and rapid reopening but the country is now faced with a devasta...Read More

Canadian miner hit by ransomware attack

January 03, 2023 / www.mining-journal.com

The attack occurred on December 27 last year at its mine and corporate office, the firm said.Read More

The Northern Miner Podcast - episode 324: 'The industry is in the best position it's been in my career'-Hecla CEO Phil Baker on the silver market

January 03, 2023 / www.northernminer.com

This week's episode features Hecla Mining president and CEO Phil Baker in conversation with TRX Gold chief operating officer Andrew Cheatle at the Canadian Mining Symposium in London, England. Phil discusses how Hecla has grown mine life and expanded production at its flagship projects; the importance of employees; and his assessment of the silver market in the context of the energy transition.All...Read More

Manganese batteries market may face deficit in 2024

January 03, 2023 / www.northernminer.com

The high-purity manganese market may face a deficit as early as 2024, according to people in the industry.An essential component of the steel-making process, manganese has played an increasing role in the battery market. The metal sulphate is an important stabilizing ingredient in the cathodes of batteries widely used in electric vehicles and electronics.Volkswagen, Mercedes, Tesla, and GM are amo...Read More

New Found Gold increases Queensway drill program to 500K metres

January 03, 2023 / www.northernminer.com

New Found Gold (TSXV:NFG; NYSE-A:NFGC) has announced the expansion of the exploration program at its 100%-owned Queensway project, located on the Trans-Canada Highway, 15 km west of Gander, N.L. To date the company has completed approximately 80% of its current 400,000-metre diamond drill program at Queensway. Approximately 60,000 metres of drill core is pending assay. With 319,000 metres of dril...Read More

Piedmont Lithium, Tesla ink new deal pivoting from delayed Carolina project

January 03, 2023 / www.northernminer.com

Piedmont Lithium (NASDAQ: PLL; ASX: PLL) and automaker Tesla agreed to cut their supply agreement by tonnage and time while shifting the source away from a proposed mine stymied by the approvals process. Piedmont is to send 125,000 tonnes of spodumene concentrate (SC6) to Tesla over three years (about 41,600 tonnes a year) starting in the second half of this year, according to the agreement ann...Read More

First Quantum faces decisive week in Panama

January 03, 2023 / www.mining-journal.com

The Panama government on January 2 said it had presented its final contract offer to the firm.Read More

On the Cusp of a Global Liquidity Crisis

January 03, 2023 / dailyreckoning.com

Is there a financial calamity worse than a severe recession in early 2023? Unfortunately, the answer is "yes" and it's coming quickly.That greater calamity is a global liquidity crisis. Before considering the dynamics of a global liquidity crisis, it's critical to distinguish between a liquidity crisis and a recession. A recession is part of the business cycle.It's characterized by higher unemploy...Read More

Rickards' Prediction for 2023

January 03, 2023 / dailyreckoning.com

I hope you had a very happy and safe holiday season. 2022 is now in the rearview mirror, and it's time to look ahead to 2023. But in order to get a better idea of where we're going, it helps to remember how we got here.To say that 2022 was volatile and confusing for investors is clearly an understatement. Stocks crashed during most of the first half of 2022, rallied back in July and August, droppe...Read More

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