News and Reports

Geopacific CEO calls out issues for juniors in PNG...

December 07, 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 CEO - whose company suspended construction on its flagship $...Read More

US Senator Manchin loses permitting play

December 07, 2022 / www.mining-journal.com

Manchin, chairman of the influential Senate Energy and Natural Resources Committee, had been pressing for the inclusion of permitting reform for energy and minerals projects in the defense act,Read More

Aussie interest in Patriot's Corvette high

December 07, 2022 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipFeasibility 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 uraniumPatriot raised A$4.2 million via the issue of 7 million CHESS deposit...Read More

Codelco losing copper king throne

December 07, 2022 / www.mining-journal.com

Codelco's investment options are highly politicised, with the company colloquially referred to as the ‘salary of Chile' given its contribution to the national budget and employment.Read More

Mined Diamond Business is being "Cannibalized"

December 07, 2022 / www.idexonline.com

(IDEX Online) - The mined diamond sector is being "cannibalized" as almost three quarters of jewelry retailers now sell lab growns, according to new research by The MVeye, market research specialists in gems and jewelry. Most of them say margins are 20 per cent to 40 per cent higher than mined diamonds. The survey found 72 per cent sell lab grown, and half of those who don't currently ar...Read More

Zimbabwe's Central Bank to Buy up Excess Diamonds

December 07, 2022 / www.idexonline.com

(IDEX Online) - Zimbabwe's central bank is to buy up excess diamonds in a government-structured deal aimed at outlawing smuggling and corruption.The government hopes the arrangement with the Reserve Bank of Zimbabwe (RBZ) will help it clear an $80m debt owed to the Trade and Development Bank (TDB), formerly the PTA Bank, according to the Zimbabwe Independent newspaper.It said the bank had con...Read More

Tianqi looking for more lithium opportunities in Australia...

December 07, 2022 / www.mining-journal.com

The company is exploring opportunities, both in its own right and via its 51:49 joint venture with IGO, Tianqi Lithium Energy Australia (TLEA), which owns the Kwinana lithium hydroxide plant and isRead More

Castillo replaced by Boluarte as Peru's president

December 07, 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, geopoliticsSPONSOREDBoluarte, a lawyer and Peru's first female president, aims to br...Read More

Coal to remain Glencore strength into medium-term

December 07, 2022 / www.mining-journal.com

Glencore has a corporate goal to be net zero by 2050. In its 2019 baseline year, the company emitted 373Mt of CO2 equivalent. It targets a 15% reduction by 2026 and 50% by 2035.Read More

Vale positions iron business for steel decarbonisation...

December 07, 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, geopoliticsSPONSOREDWith steel consumers such as automakers looking to reduce their...Read More

A Day That Will Live in Infamy

December 07, 2022 / dailyreckoning.com

A day that will live in infamy...Do we refer to Dec. 23, 1913 - the date Mr. Wilson signed the Federal Reserve Act into law?Or Aug. 15, 1971... the date old Nixon banged shut the gold window?Or perhaps even Jan. 20, 2021, the date when the most popular and beloved president in history vacated the White House?No. We refer of course to Dec. 7, 1941 - 81 years ago today - when naval and air forces of...Read More

YMP Scholarship Fund announces 2022 winners

December 07, 2022 / www.northernminer.com

The Young Mining Professionals Scholarship Fund (YMPSF) has this year awarded $210,000 to 44 students pursuing mining-related programs at post-secondary institutions across Canada. "This year, 2022, is the fifth year of the program, which Iamgold and Orefinders Resources started in 2018 with $12,000 in scholarships awarded to candidates," said Anthony Moreau, director of the YMP Scholarship Fun...Read More

Galway Metals suspends drill programs due to market conditions

December 07, 2022 / www.northernminer.com

Galway Metals (TSXV: GWM; US-OTC: GAYMF) is suspending drilling temporarily at its flagship Clarence Stream gold project in New Brunswick and also at its Estrades polymetallic project in Quebec due to "prevailingly weak market conditions for exploration companies," and said it is making the move to "conserve capital".The decision follows Galway's decision to cut its fleet of drills at Clarence Str...Read More

West African Resources order mills for Kiaka in Burkina Faso

December 07, 2022 / www.northernminer.com

West African Resources (ASX: WAF) acquired 90% of the Kiaka gold project in Burkina Faso from B2Gold (TSX: BTO; NYSE-AM: BTG) in November 2021 and says it plans to start major works in early 2023 with the first gold pour forecast for 2025.Once in production, Kiaka will be the Australian company's second gold mine, after pouring first gold at its Sanbrado gold mine, 90 km east-southeast of the capi...Read More

Ring of Fire Metals, Webequie First Nation ink MOU on Eagle's Nest nickel project

December 07, 2022 / www.northernminer.com

Ring of Fire Metals (formerly Noront Resources) and Webequie First Nation have signed a memorandum of understanding (MOU) outlining a framework for collaboration on proposed development in northern Ontario.Wyloo Metals earlier in the year acquired Noront Resources and its mining assets in Ontario's emerging metals camp known as the Ring of Fire, and chose Ring of Fire Metals as the new name for...Read More

Curipamba delivers high-grade assays for Adventus and Salazar

December 07, 2022 / www.northernminer.com

Infill drilling from the underground portion of the El Domo volcanogenic massive sulphide deposit in central Ecuador returned 9.46 metres of 7.49% copper, 2.37 grams gold per tonne, 2.93% zinc, 75.4 grams silver and 0.01% for a copper-equivalent grade of 8.83%, owners Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) reported Wednesday.The deposit, part o...Read More

Roscan Gold reports solid grades at Kandiol?(C) in Mali

December 07, 2022 / www.northernminer.com

Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has announced assay results from the Kabaya KB3 target on its Kandiol?(C) gold project in Mali, 400 km from the country's capital of Bamako and 25 km east of B2Gold's (TSX: BTO; NYSE: BTG) Fekola mine.The results span 18 holes totaling 2,220 metres and highlights include hole RCDBS22?EUR?0119, which intersected 3.09 grams gold per tonne over 12 metres from 11...Read More

Trafigura puts Auby zinc smelter on care and maintenance

December 07, 2022 / www.northernminer.com

"Challenging market conditions" have forced Trafigura to put its Auby smelter in France on care and maintenance.Netherlands-based Nyrstar, which is majority owned by Trafigura, reported the closure on Dec. 6, but did not elaborate on the decision or disclose when the smelter might restart.The facility, located in the town of Auby, 35 km south of the city of Lille, is a mid-scale electrolytic zinc...Read More

Equinox Gold sells massive stake in Solaris Resources

December 07, 2022 / www.northernminer.com

Equinox Gold (TSX: EQX; NYSE-AM: EQX) has sold 11 million common shares in Solaris Resources (TSX: SLS) for aggregate gross proceeds of $70.4 million, cutting its ownership to less than 10% of the Ecuador-focused junior explorer's issued and common outstanding shares.Equinox had previously owned 15.545 million common shares and warrants, entitling it to purchase 7.5 million common shares represent...Read More

Mosaic cuts back production at Colonsay potash mine

December 07, 2022 / www.northernminer.com

US fertilizer producer Mosaic (NYSE: MOS) has temporarily cut production at its Colonsay potash mine in Saskatchewan, Canada, due to slower-than-expected demand.Prior to the curtailment, Colonsay had been operating at a yearly run rate of 1.3 million tonnes and Mosaic had plans to expand output to between 1.8 million and 2 million tonnes by late 2023.The company's move contrasts with the position...Read More

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