News and Reports

Anglo American trims copper guidance

December 09, 2022 / www.mining-journal.com

The global miner cut its 2023 copper production forecast 840,000-930,000t in 2023 compared with a prior estimate of 910,000t-1.02Mt, due to lower grades at its Chilean mines.Read More

US-Africa Summit has critical minerals sub-text

December 09, 2022 / www.mining-journal.com

US President Joe Biden is scheduled to host African leaders in Washington from December 13-15 to "foster new economic engagement," in the words of the State Department.Read More

Critical Minerals Strategy focuses on faster timelines, building remote infrastructure

December 09, 2022 / www.northernminer.com

The federal government on Friday unveiled the details of its Critical Minerals Strategy, a plan first introduced in its April budget that earmarks almost $3.8 billion over eight years to further develop Canada's place in the global critical minerals industry.A significant portion of the total funding - $1.5 billion - is allocated over seven years for constructing infrastructure for critical minera...Read More

Latin Resources posts first resource for Colina lithium deposit in Brazil

December 09, 2022 / www.northernminer.com

Australia-based Latin Resources (ASX: LRS) has reported an initial resource estimate for its Colina hard rock lithium deposit in Brazil after just 10 months of drilling. The deposit, part of its Salinas project in Minas Gerais state, holds 2.1 million tonnes of indicated resource grading 1.21% lithium oxide for 25,100 tonnes of Li2O (or 60,000 tonnes lithium carbonate equivalent), plus 11.2 mil...Read More

Endeavour Silver announces 600M oz indicated resource for newly acquired Pitarrilla project

December 09, 2022 / www.northernminer.com

Endeavour Silver (TSX: EDR, NYSE: EXK) filed a technical report for its recently acquired Pitarrilla silver-lead-zinc project in Durango state, Mexico that outlines indicated and inferred resources as of Oct. 6.Total indicated resources (open pit and underground) at Pitarrilla are estimated at 158.6 million tonnes grading 96.4 grams silver per tonne, 0.31% lead and 0.74% zinc. Contained metal come...Read More

Nominations open for 2023 Peter Munk and Eira Thomas Awards

December 09, 2022 / www.northernminer.com

Young Mining Professionals (YMP), in partnership with The Northern Miner, has opened nominations for the 2023 Young Mining Professional of the Year Awards, the organization said in a release on Thursday. The awards are named after two iconic entrepreneurs in the mining industry, Peter Munk and Eira Thomas.YMP is soliciting nominations from the public to identify the top leaders in the mining and m...Read More

Pakistan closer to letting Barrick Gold proceed with US$7B project

December 09, 2022 / www.northernminer.com

Pakistan's Supreme Court endorsed on Friday a settlement between the country's government and Barrick Gold (TSX: ABX; NYSE: GOLD), which allows the Canadian miner to resume work at its Reko Diq copper and gold project.The favourable court decision is vital to securing parliamentary support for the US$7-billion project, which is the final approval Barrick would need to kick off construction at Rek...Read More

World Gold Council sees positive 2023 outlook for gold amidst global uncertainty

December 09, 2022 / www.northernminer.com

Despite an "unusually high level of uncertainty" surrounding consensus expectations for 2023, on balance, a "mixed set of influences implies a stable but positive performance for gold," the World Gold Council states in its Gold Outlook 2023: The global economy at a crossroads. In an environment where there are headwinds and tailwinds for gold based on an outlook of weaker global growth and a shor...Read More

EU inks deal with Chile to boost access to battery metals, renewables

December 09, 2022 / www.northernminer.com

The European Union (EU) and Chile inked on Friday a fresh partnership deal that will give the bloc greater easier access to lithium, copper and other raw materials that are key to the transition to renewable energy sources.Chile, the world's top copper producer and the second largest lithium miner, will drop tariffs on all imports from the EU, except sugar, and make it easier for European compani...Read More

Will Indigenous-led impact assessments help or hinder mine project approvals?

December 09, 2022 / www.northernminer.com

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Turquoise Hill shareholders approve Rio bid

December 09, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumThe arrangement was approved by approximately 86.6...Read More

Cobre Panama contract talks go to wire

December 09, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumIf an agreement is not reached on that day, the go...Read More

The Slow Strangulation of the World Economy

December 09, 2022 / dailyreckoning.com

I was visiting with a friend recently and she was recounting her early panic over COVID. She has kids and loves them. As a mom, she believed her first duty was to protect them from the bad virus that was floating around. She went into full freak-out mode, keeping the kids indoors and spacing them out. Her heart never stopped racing.One day, she looked out her window and saw that her neighbor's dog...Read More

This Is the Future of Combat

December 09, 2022 / www.outsiderclub.com

Last Friday, Northrop Grumman (NYSE: NOC) unveiled what it's calling the world's first sixth-generation bomber - the B-21 Raider. It's a sleek and stylish plane whose ghostly visage and convex shape make it almost look like a UFO.Almost every aspect of the B-21 remains classified, but Northrop Grumman and Air Force officials have made a few key points about it beyond improved stealth capability a...Read More

Canada toughens investment rules after China exits

December 08, 2022 / www.mining-journal.com

The Canadian government has released legislation to modernise the Investment Canada Act (ICA) in a move that will increase its power to limit foreign ownership of the country's critical mineralsRead More

ASX hopeful Tolu wants to replicate K92's PNG success...

December 08, 2022 / www.mining-journal.com

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSORED"We're targeting going live on the ASX in the early New Year - r...Read More

Bats enter US mining fight

December 08, 2022 / www.mining-journal.com

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDRanking member Bruce Westerman, a Republican from Arkansas, and...Read More

JCHX to buy half of Cordoba's Alacran for US$100M

December 08, 2022 / www.mining-journal.com

JCHX, which previously invested C$11 million into Cordoba in November 2019 for a 19.Read More

Canada toughens investment rules after China exits...

December 08, 2022 / www.mining-journal.com

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe Canadian government has released legislation to modernise th...Read More

Cypress Development Advances Nevada Lithium Project...

December 08, 2022 / www.mining-journal.com

To date the focus of most investment dollars in the rapidly growing global lithium industry has been on hard rock miners, many located in Australia, and the brine deposits in South America's lithium triangle. However, processing methodologies focused on extracting the key battery metal from clay deposits are developing rapidly and today several soft rock deposits are in advanced stages of developm...Read More

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